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ECONOMIC WAR
UK economy shrinks in April as Middle East war hitsBritain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister K...- Iran war puts Bangladesh’s nascent industrial dreams at riskBangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts...
- OPEC again lowers 2026 global oil demand growth forecastOPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...
- US Treasury chief Bessent vows to tap Iran funds for its damage on Gulf alliesMinority shareholders of Jindal Poly Films Limited face a setback. Their class action remedy was reportedly moved to private arbitration wi...
- World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
- US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
- ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
- Iran-U. S War: Washington, Tehran interim deal stalled over $6 billion to $12 billion of frozen funds? Read shocking reportU.S. President Donald Trump has repeatedly said a deal is close, while also threatening to intensify bombing.
- About 19 million from India and several other countries migrated to Gulf countries since 2010: StudyA new study reveals that approximately 19 million people have migrated from India, Pakistan, and Bangladesh to the Middle East since 2010, ...
- 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...
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
- Despite geopolitical crisis, India's economic fundamentals and strategic partnerships will sustain growth: World BankIndia's economy shows strong growth potential. The World Bank believes this momentum will continue. Investments in people and businesses ar...
- Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economyFitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow eco...
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- 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...
- War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
- PM Modi chairs key meet with Economic Advisory Council to asses impact of West Asia warPrime Minister Narendra Modi convened with the PM-Economic Advisory Council. Discussions focused on the West Asia conflict's impact on Indi...
- Russia intercepts hundreds of Ukrainian drones near St. Petersburg International Economic ForumRussia said Saturday it intercepted hundreds of Ukrainian drones including near Saint Petersburg, where Moscow is hosting a major economic ...
- Putin faces rival visions of war and peace at Russia's 'Davos'Russia's future is debated at a key investment forum amidst the Ukraine war. Some leaders push for continued global confrontation with the ...
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