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GLOBAL ECONOMIC IMPACT
India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...
BIS chief Pablo Hernández de Cos warns of a second-round inflation threat from energy pricesCentral banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for...
IMF says India remains growth engine for world, monitoring impact of higher oil pricesIndia's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, s...
BRICS 2026: India's chairship and Global South's push for 'endless war to end of war'New Delhi hosts the 18th BRICS Summit amid global conflicts and economic challenges. Developing nations seek this platform to voice concern...
ET 40 Under 40 2026: Meet the 40 young leaders shaping India's futureThe Economic Times 40 under Forty celebrates its twelfth edition, honoring diverse young leaders. This year's cohort reflects evolving lead...
IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
India positions BRICS as growth engine for Global South; Xi, Putin among key world leaders heading to New DelhiIndia welcomes global leaders at the BRICS summit, emphasizing developmental priorities for the Global South. This pivotal meeting will tac...
Global Market: European shares edge higher ahead of ECB rate decisionEuropean shares edged higher after their sharpest one-day decline in two months, as investors awaited an expected ECB rate hike and Christi...
UN chief Antonio Guterres to stress multipolarity, UNSC reforms at BRICS Summit in IndiaUnited Nations Secretary-General Antonio Guterres will attend the BRICS Summit in India this week. He will speak on the importance of multi...
BRICS at 20: India faces test of balancing geopolitical divides with economic goalsIndia hosts the expanded BRICS Summit, facing geopolitical hurdles and strategic opportunities. Former diplomats emphasize the group's 20-y...
Global Market: Record UK gilt yield raises fiscal pressure ahead of October BudgetBritain sold £4.25 billion of 30-year gilts at a record-high yield of 5.8168%, underscoring rising borrowing costs and fiscal pressures. De...
India on track for 100-plus GCCs in 2026 despite geopolitical uncertaintyDespite the ongoing West Asia conflict, more than 60 GCCs were set up in India in the first six months of 2026, with the number of companie...
15-year-olds are reading, calculating and reasoning worse than ever, thanks to AI, OECD findsGlobal 15-year-olds show weakest performance in reading, math, and science tests. Reading scores declined significantly, with students now ...
Global Market | China’s Trade Data: Auto, tech stocks in focus after export surgeChina’s exports surged 25% year-on-year in August, supported by strong overseas demand for automobiles and high-tech goods, while the count...
What if cleaning the air could make the world richer? UN-backed report reveals a $15 return for every $1 spent on pollution and climate actionA UN report highlights that addressing air pollution and climate change together offers economic gains. Coordinated actions could prevent m...
Nirmala Sitharaman and IMF Deputy MD Nigel Clarke discuss India's economic outlook and global growthFinance Minister Nirmala Sitharaman met with IMF Deputy Managing Director Nigel Clarke on Monday. They reviewed India-IMF relations and ack...
ECB rate decision: Five key questions for markets as energy prices fuel inflation fearsThe European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.5% on Thursday as surging energy prices push...
Foxconn says third quarter to outperform market expectations on AI strengthFoxconn, Nvidia's biggest server maker and a major Apple supplier, has been a big beneficiary of the trend towards AI, reporting last mon...
Sustainability anchors growth: ITC CMD urges corporates to balance economic progress with societal valueITC chairman Sanjiv Puri advocates for sustainability and inclusive growth in business. He stated economic progress must align with societa...
Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...