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...
Paris accord threshold could be breached in 4 years as warming accelerates: AnalysisEarth's climate is warming rapidly due to human actions. Global temperatures reached 1.37 degrees Celsius last year. Scientists warn the 1....
IN-SPACe picks Astrobase, SatSure and TM2SPACE for first funding under Technology Adoption FundThe three companies are the first beneficiaries under the scheme, which was launched earlier this year. They were chosen after a multi-stag...
Earth observation can add USD 263 billion in annual economic value globally: ReportEarth observation data offers a massive economic opportunity, potentially worth over USD 700 billion annually. However, a significant porti...
Rupee gains as oil retreat soothes, inflow expectations erode weakening biasThe Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments ...
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,...
"Even I sometimes struggle to get a gas cylinder": Vinesh Phogat slams LPG price hike, raises inflation concernsafter participating in the wrestling selection trials for the 2026 Asian Games in New Delhi, Phogat said the repeated hikes in cooking gas ...
Strait of Hormuz: Iran-U.S. war is far from over. Here's whyIran’s Revolutionary Guard said it had targeted the Ali Al Salem air base, which hosts U.S. forces in Kuwait, and the U.S. Navy’s 5th Fleet...
India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank execIndia's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
Gas at $4: Americans cut back on discretionary spends as fuel bills mountAmericans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting ...
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...
India to roll out 6–7 FTAs next year as trade push accelerates: Piyush GoyalIndia is set to sign several major trade deals soon. Three to four significant trade agreements are planned for the next year. Additionally...
OECD sees India growth slowing to 6.3% from 7.6% in FY27India's economy faces a slowdown to 6.3% in fiscal 2027. Higher energy costs from the Middle East conflict will impact investment and expor...
The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...