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GLOBAL ECONOMIC WOES
Newsmaker | Who is Abelardo De La Espriella, Colombia's new right-wing president?Colombia has elected nationalist lawyer Abelardo De La Espriella as its new president, signaling a significant political shift. Known as "T...- 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...
- Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
- 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...
- RBI's rate-setting panel starts deliberations, policy announcement on FridayThe RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep...
- India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: ReportForecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such ...
- RBI MPC meet: Central bank likely to maintain status quo on rates, adopt cautious approach amid West Asia crisisExperts anticipate the Reserve Bank of India will maintain its key policy rate at 5.25 percent this week. The central bank is expected to a...
- Russian spies are aggressively seeking Western technology as sanctions bite, officials sayRussia's intelligence agencies are aggressively seeking Western technology and defense secrets to bolster its war economy, employing fake c...
- India, US signal thaw as Jaishankar and Rubio hold candid talks to re-energise relationsIndia and the US are working to strengthen their relationship. Discussions covered trade, energy security, and terrorism. Both nations are ...
- No broadcaster for World Cup? What FIFA’s India standoff could really costAs FIFA gears up for the 2026 World Cup, it encounters a broadcasting conundrum in India. Following a surge in online viewership during the...
- Ahmedabad eyes GCC spotlight with Rs 15,000 crore Ganesh Housing tech cityGujarat is looking to boost its technology and services sector, with Ahmedabad being positioned as a global hub for innovation and high-ski...
- Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockadeIran faces severe economic hardship due to war and US sanctions. Prices for essentials like food and medicine have surged. Job losses and b...
- Iran war could drag India's GDP growth to 6.5% this fiscal, says CII president Rajiv MemaniIndia's economic growth forecast for this fiscal year is around 7 percent. This projection depends on the Iran war ending soon. If the conf...
- Pakistan's economy gasps as Middle East war ignites double-digit inflationPakistan's economy faces a grim future with inflation expected to stay high. Soaring oil prices and regional conflict are straining the nat...
- Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
- Fewer workers exit India cos on global economic woes; attrition rate improves in 2023Lack of growth opportunities, inadequate compensation, job recognition programmes, workplace culture and poor work-life balance were the to...
- India set to come out of "fragile five list", in a better position to withstand Fed rate hike impact: Swiss-ReThis makes it better placed to face the impact of a Fed rate hike than it was in 2013.
- Global economic woes to affect foreign participation in IITFGlobal economic slowdown is likely to get reflected at the 33rd edition of the India international Trade Fair (IITF) beginning on November ...
- Global economic woes eroding IT spending: AnalystsIndustry trackers on Wednesday slashed projections of global spending on information technology (IT) and said computer chip makers could be...
- EBRD meet opens in Kiev, with focus on global economic woesThe European Bank for Reconstruction and Development begins its annual meeting here on Sunday to discuss the impact of global economic turm...
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