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ECONOMIC FALLOUT
Indian banks better placed than APAC peers: Fitch on West Asia woesIndia's banking sector is resilient against the economic impact of the US-Israel conflict with Iran, according to Fitch Ratings. While othe...
BOJ to consider pausing bond taper next fiscal year, sources sayThe Bank of Japan is reportedly leaning towards pausing its bond purchase taper beyond next fiscal year, a move that would mark a significa...
ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
EU plans lower taxes on clean energy in drive to cut power billsThe European Union is set to propose new regulations next month. These plans aim to cut taxes on renewable energy and boost electricity sys...
More economic safeguards on the cards as West Asia conflict persists: ReportIndia is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as ...
For a few dollars more: Inflation bypass can hurtIndia's central bank holds interest rates steady despite rising inflation. The focus shifts to stabilizing the rupee with a new dollar depo...
India’s economy faces threats that currency band-aid can’t fixIndia's government and central bank have launched new measures to attract foreign investment. These steps aim to boost the rupee and bring ...
RBI MPC Meeting 2026: West Asia war shock is a concern, but India can ride it out 'with minimum pain', says Sanjay Malhotra2026 RBI MPC Meeting: The Reserve Bank of India acknowledges global economic challenges from the West Asia conflict. Rising energy prices a...
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
US stocks today: Dow Jones drops over 500 points as Middle East tensions escalateWall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech...
Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
India bonds end flat as RBI policy caution offsets cooler oilBrent crude and U.S. Treasury yields eased in Asian trade, taking some pressure off India's oil-sensitive curve.
RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab DasRenewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, signif...
Indian bonds steady as U.S.-Iran tensions linger; RBI policy review due FridayIndian government bonds saw little movement early Tuesday. Investors are adopting a cautious stance ahead of the Reserve Bank of India's po...
Texas emerges as US' new economic powerhouse amid California exodusHouston, Texas is leading corporate headquarters relocations, attracting 192 companies since 2018. Businesses are leaving California due to...
Asia's factory output expands as firms stockpile buffers over Iran war risksAsian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. ...
West Asia heat may soon scorch banks' booksIndian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer...
West Asia conflict may slow India’s growth, push up Inflation: SBI ChairmanState Bank of India Chairman Challa Sreenivasulu Setty warns the West Asia conflict may slow global growth and increase inflation. India re...