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ECONOMIC CONFLICT
Explained: Why silver prices have crashed 14% this week to hit a 7-month lowSilver has fallen as much as 14% this week, hitting a seven-month low as expectations of US Fed rate cuts fade and bond yields rise. Coolin...
RBI remains watchful of global, monsoon situation says Sanjay MalhotraThe Reserve Bank of India is adopting a cautious "wait and watch" approach regarding global geopolitical shifts and monsoon progress. Gover...
Elephant encounters: Scientists tracked elephants for 19 years in Botswana and found that year-long droughts pushed them toward human settlements, raising the risk of dangerous encountersAfrican elephants are increasingly venturing closer to human settlements as prolonged droughts persist, a new study reveals. Research from ...
Trump says Iran pledges 'no tolls, no charges' on Hormuz transitUS President Trump stated Iran has assured the US it won't impose tolls on ships in the Strait of Hormuz, countering media claims. He also ...
Global Market: BOJ policymakers push for faster rate hikes as inflation risks mountThe Bank of Japan is growing more concerned about persistent inflation, with some policymakers advocating faster interest rate hikes after ...
Hormuz reopening to ease supply chains, strengthen energy security: DovalIndia expressed cautious optimism regarding the US-Iran understanding and the reopening of the Strait of Hormuz, according to National Secu...
India welcomes US-Iran peace deal, NSA Doval says pact brings 'cautious optimism'India's National Security Advisor Ajit Doval expressed cautious optimism regarding the US-Iran MOU, anticipating it will bolster energy sec...
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recedeThe Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent ...
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
Parliament panel to review India's economy amid global turmoil and growth concernsA key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties...
India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
Pakistan: Workers protest inflation, warn government of nationwide agitationProtesters in Lahore, including labour groups and transport workers, voiced anger over soaring inflation and utility costs, accusing the go...
BRICS security meet to test post-conflict consensus on IranNew Delhi is set to host a crucial Brics national security advisers' meeting on June 23, with top officials from China, Russia, and Iran at...
RBI MPC minutes: Policy misstep fears drove rate pause amid West Asia uncertaintyThe Reserve Bank of India's Monetary Policy Committee has opted for a cautious "wait and watch" stance, holding the repo rate steady due to...
RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutesIndia faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...
Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truceGlobal central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, ...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
Oman unveils Muscat Peace Plan to prevent future regional conflictsThe initiative is aimed at promoting dialogue, countering hate speech and strengthening community-led peacebuilding amid growing tensions i...
Pakistan sees room to improve FY27 outlook after Iran war ends, says Finance Minister AurangzebPakistan's Finance Minister Muhammad Aurangzeb sees potential economic upsides for fiscal year 2027 following the end of the Iran conflict....
India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...