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Venezuelans search more earthquake ruins as attention turns to humanitarian crisisVenezuelans are desperately searching for survivors after powerful earthquakes, with hopes fading as days pass. The cash-strapped governmen...
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
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...
Regulatory minefield: ED enters the crypt, waking up the ghosts for Crypto IncIndia's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorized foreign money transfers using di...
India remains ADB's largest private sector market; lender eyes USD 1 bn direct support in 2026India stands at the forefront of the Asian Development Bank's investment strategies as the lender aims to deploy roughly USD 1 billion in d...
Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...
A 60-day clock starts ticking on the US-Iran peace agreementA peace agreement between the United States and Iran has been announced. This marks the end of a period of intense fighting. The core of th...
Iran war is a 'wake-up call' for Southeast Asia's energy sector, report saysA war in Iran has highlighted significant energy risks for Southeast Asia. The region faces a potential tripling of its energy import bill ...
Why market rallied today? Sensex zooms 1,700 points, Nifty closes above 23,600. 4 key factors behind Rs 10 lakh crore gainsSensex and Nifty surged 2% each, adding Rs 10 lakh crore in market cap, as easing oil prices and US-Iran peace hopes boosted sentiment. Bro...
Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
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,...
US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know itA 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a ...
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. ...
Stocks in news: IndiGo, Suzlon Energy, Patanjali Foods, PB Fintech, VedantaMarkets experienced significant volatility on Friday, with indices falling in the final hour due to heavy institutional selling. Several co...
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...
Onion farmers seek Rs 10,000 crore revival package, stable export policy from CentreMaharashtra onion farmers are facing a severe financial crisis. They are urging the central government for a special Rs 10,000 crore reviva...
El Niño effect: Why India may see weak monsoon and harsher summerIndia faces a double blow as the IMD forecasts below-normal monsoon rainfall, with a 60% chance of deficient rains due to El Niño. This, co...
Wall St regulator proposes to scrap Biden-era climate ruleThe U.S. Securities and Exchange Commission is proposing to remove rules requiring companies to disclose climate-related risks and spending...