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ECONOMIC CONDITIONS
US names India, China, Pakistan among drug transit, illicit drug-producing nations for FY27The United States has designated India, China, and Pakistan as major drug producing or transit countries. This presidential determination c...
Heat stress cost India $9 per tonne of CO2 in lost labour productivity in 2025India experienced significant labour productivity losses due to heat stress in 2025. A study revealed that each tonne of carbon dioxide emi...
Quote of the day by Edward Thorp: "I think that we only get estimates of the distributions and that we can only be somewhat sure of the estimates. That makes the problems in the financial world much more difficult, I think, because you have these uncertainties in the distributions."Edward Thorp emphasizes that financial markets rely on uncertain probability estimates rather than certainties. Since models struggle with ...
Global Market: Bank of Japan poised for rate hike as oil prices fuel inflationThe Bank of Japan is expected to raise its policy rate by 25 basis points to a 31-year high of 1.25% as rising oil and import costs intensi...
Bharatiya Mazdoor Sangh seeks doubling of EPF wage ceiling as wages riseThe Bharatiya Mazdoor Sangh seeks to double the wage ceiling for mandatory Employees' Provident Fund coverage. This trade union also wants ...
In 2018, the Netherlands turned 1,000 kg of household plastic into a 30-metre cycle path; the road contained the equivalent of 218,000 plastic cupsA Dutch cycle path turned plastic waste into something useful. In 2018, Zwolle opened a 30-metre path made with about 1,000 kilograms of re...
Why does the US bond selloff matter for global markets?
Global Market: China’s AI boom lifts factory output as property slump deepensChina's industrial output accelerated in August, supported by strong demand for AI-related technology and advanced manufacturing. However, ...
Global stock rally at risk as AI investment concerns mount: BISThe Bank for International Settlements (BIS) has warned that the AI-driven global stock market rally is showing signs of vulnerability as i...
Solar Industries shares crash 9% after acquisition of South Africa’s Omnia Holdings for Rs 12,951 croreSolar Industries shares fell sharply on Tuesday after the company announced the Rs 12,951 crore acquisition of South Africa’s Omnia Holding...
Copper price hits three-week low as inventories rise and dollar strengthensCopper prices fell to a three-week low below $14,000 a ton as rising LME inventories eased supply tightness and a stronger dollar pressured...
Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...
Global Market: Japan inflation risks put BOJ rate path in focusJapan’s inflation outlook is becoming increasingly sensitive to import costs, yen movements and supply shocks, raising concerns at the Bank...
Quote of the day by Virginia Woolf, 'To depend upon a profession is a less odious form of slavery than to depend upon a father' teaches powerful lesson on financial independence, career, self-reliance, why earning mattersQuote of the day by Virginia Woolf remains powerful because it asks a timeless question: how much control do we have over our own lives? He...
BRICS Business Forum 2026: Jaishankar calls for resilient supply chains, predictable business environment across BRICS countriesExternal Affairs Minister S Jaishankar urged BRICS nations for predictable business environments. He called for resilient supply chains and...
Rising global yields may constrain India's rate-cut cycle despite resilient growth: HSBCThe rising global bond yields are complicating India's monetary policy easing efforts. Despite sturdy domestic growth, external economic de...
US bond yields near 5%: What it could mean for stocks, corporate borrowing and the economyUS 10-year Treasury yields are nearing the 5% mark, raising concerns over the impact of higher borrowing costs on stocks, corporate financi...
Thru the optimism prism: GDP’s 7.8% print offers some hope for those willing to see itIndia's economy grew by 7.8% in the first quarter of fiscal year 2027. This growth was fueled by a consumption spurt and government capital...
Global Market: Eurozone investor sentiment hits four-year high in SeptemberEurozone investor sentiment rose to a more than four-year high in September, with the Sentix index climbing to 5.1 as both current conditio...
PM Modi recalls 2013 when India was among ‘Fragile Five’ economies amid weak growthReflecting on India's economic journey, Prime Minister Narendra Modi brought attention to 2013, a year when the nation faced the bleak 'Fra...