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ECONOMY SHRANK
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...- Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
- Modern air conditioning was invented in America, but not to keep people coolA printing issue in Brooklyn led to the invention of modern air conditioning. This innovation, initially for paper, became a lifesaver, dra...
- Strong revenue growth fails to shield India Inc margins in March quarterCorporate India's March 2026 quarter results showed a mixed performance. While revenues grew strongly, input cost inflation and a weaker ru...
- War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
- Charting the global economy: Inflation mounts as war drags onThe Iran war is causing global economic disruption. Inflation is rising, impacting consumers and markets worldwide. The US sees its worst i...
- Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade pushAn exciting trade initiative is on the horizon as America and China collaborate to redefine commerce concerning everyday products. With a p...
- 'Nobody will fly': India's plane versus train battle gets a twistIndia's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring glob...
- Charting the global economy: ECB is leaning toward rate hikesEconomic growth varies globally, with some regions facing inflation and others seeing tech-driven booms. Geopolitical events are influencin...
- Edelweiss Financial shares tank 10% after Q4 net profit drops 17% to Rs 87.60 crore; firm announces dividendEdelweiss Financial shares fell sharply after reporting a 17% YoY drop in Q4 net profit and weaker sequential performance. Despite pressure...
- Shots fired in the AI war: US and China clash over code and controlThe US-China AI rivalry has intensified, moving beyond innovation to a battle for talent, IP, and strategic tech. China's blocking of Meta'...
- Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
- Another wave of public outcry tests Putin's rule in wartime RussiaRussian influencers are publicly criticising President Putin's government and policies. This dissent stems from economic hardship and stric...
- Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%Wipro reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consult...
- German economy shrank in 2023 on energy, export woesGermany's economy contracted slightly in 2023, with a year-on-year decline of 0.3%, according to preliminary data from Destatis. The countr...
- Russian economy shrank 1.9% in first quarterRussia's economy defied early expectations of a double-digit collapse in 2022, but still contracted 2.1% after the West imposed sanctions i...
- Japan's economy contracts as energy prices soarThe world's third-largest economy managed modest growth in the final quarter of last year, but the economy sank the quarter before that.
- UK economy shrank in November as new lockdown hitBritain's economy shrank by 2.6% in November, the first monthly fall in output since the country was under its initial COVID lockdown last ...
- Japan's economy shrank more than estimated in Q2The world's third-largest economy shrank 7.9 percent in the second quarter of this year from the previous quarter, more than the initial 7....
- Japanese economy shrank 12.1% in Q4: GovtJapan's economy shrank less than first thought in the fourth quarter of 2008 but still logged its worst performance in almost 35 years as e...
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