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ECONOMIC CRISIS
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
Govt not only 'stealing' votes but also savings: Congress on rise in inflationCongress leader Jairam Ramesh pointed out that inflation is rising, impacting essential goods and public savings. Food inflation surged to ...
World Bank warns of 800 million-job gap in next 10 years: How could global employment crisis affect Americans?According to the World Bank, an alarming job crisis looms, with projections of an 800-million-job void worldwide. Ajay Banga, the bank's Pr...
IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
How Robert Hall & Michael Woodward's Nobel-winning insights reshape economic policy in times of crisisCentral banks have established a systematic approach to managing economic crises through coordinated policies. Scholars Robert Hall and Mic...
Global Market: China stocks fall as global yields, geopolitical tensions weigh on sentimentChinese stocks declined as government support measures failed to restore investor confidence amid rising global bond yields, Middle East te...
Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
Rich countries on the debt frontline: How the Iran war is shifting world's risk map by squeezing America, Europe and JapanThe International Monetary Fund confronts increased borrowing costs and record debt levels among developed countries. As inflation rises, g...
FM Nirmala Sitharaman meets Singapore President, PM; discuss strengthening bilateral cooperationFinance Minister Nirmala Sitharaman visited Singapore from October 9 to 11 for official discussions. She met President Tharman Shanmugaratn...
World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
Germany regains safe haven status as European bond risks mountEuropean government bond markets face renewed volatility as investors pull funds from fiscally vulnerable nations like France and Italy. Ge...
Manipur CM urges hill outreach for lasting peace, cites ₹1,200 crore GST lossManipur's Chief Minister Yumnam Khemchand Singh advocated for unity and dialogue among diverse communities to restore peace. He highlighted...
Manipur CM calls for hill-valley unity, says peace efforts cannot remain limited to valleyManipur's Chief Minister, Yumnam Khemchand Singh, appeals for harmony among the state's various communities, stressing the necessity of dia...
Stable institutions, steady pursuit of reforms will steer India to 2047 goal: Jean-Claude TrichetIndia's journey to becoming a developed nation by 2047 hinges on institutional stability and sustained economic reforms. Former European Ce...
Après le Déluge, a case study: France’s debt crisis is exposing deeper cracks in the global economyAmidst a backdrop of economic turmoil, France is confronted with stagnant growth and high deficits, which are eroding investor confidence. ...
Spain's government to approve urgent housing measures after a night of unrest in BarcelonaIn light of escalating protests over the housing crisis, Spain's government is set to implement urgent measures. The uproar began after the...
Global Market: Eurozone energy inflation has yet to spread to broader prices, ECB's Rehn saysEurozone energy inflation has not yet spread broadly to other goods and services, ECB policymaker Olli Rehn said. Rising bond yields may cu...
Global Market | Central banks face tougher crisis-management role as public debt rises: BIS chiefBIS chief Pablo Hernández de Cos warned that future financial crises could be harder to manage amid soaring public debt, fiscal deficits an...
Why is France at the centre of a bond market storm?Recent trends show French government bonds, referred to as OAT, experiencing yields surpassing 5% amidst investor apprehension. The recent ...