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GLOBAL ECONOMY NEWS
India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...- Rubio reassures UAE, Kuwait as scepticism over Iran deal persistsUS Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...
- RBI's Malhotra says rate hike talk is premature, stays in wait-and-watch modeReserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approac...
- American scientists and ranchers are racing to stop a flesh-eating fly after 15 animal cases turned up in Texas and New Mexico, and the battle could take more than a yearFlesh-eating maggots, the New World screwworm, have reappeared in Texas and New Mexico, infecting livestock and at least one dog. Driven by...
- China ready to implement leaders' consensus, properly handle sensitive issues: Wang YiChinese Foreign Minister Wang Yi met with Prime Minister Narendra Modi in New Delhi, expressing readiness to work with India on sensitive i...
- RBI in wait-and-watch mode despite easing West Asia risks: Sanjay MalhotraDespite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set intere...
- ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...
- WhatsApp's future may not be invented in US but in India, one transaction at a timeMeta’s $900 million investment in Cred and the reported appointment of founder Kunal Shah to a global role at WhatsApp marks a significant ...
- Iran says won't allow UN inspectors at bombed nuclear sitesIran declared UN nuclear watchdog inspections at bombed sites are off-limits, despite a US-Iran deal to end the Middle East war. Talks in S...
- 'Imperative' for India and China to respect each other's core interests: WangChinese Foreign Minister Wang Yi emphasized it is "imperative" for India and China to respect each other's "core interests" and take concre...
- Alan Greenspan, longtime Fed chair who shaped US economic policy for nearly two decades, dies at 100Former Federal Reserve Chairman Alan Greenspan, a towering figure in American economic policy, has passed away at 100. He guided the nation...
- Pakistan says technical-level Iran-US talks on interim deal will begin Sunday in SwitzerlandPakistan announced technical talks between Iran and the US on their interim deal will commence in Switzerland, with Qatar mediating. This c...
- 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...
- Deadly fighting persists in Lebanon despite a ceasefire as the US-Iran deal is under threatIntense Israeli airstrikes in southern Lebanon killed at least 16, including children, despite reports of a ceasefire. This escalation jeop...
- US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
- Russian President Vladimir Putin hosts ASEAN leaders amid G7 pressure on Ukraine warPresident Vladimir Putin hosts a summit of Southeast Asian leaders in the central Russian city of Kazan from Wednesday, as the West pressur...
- Stuck in acres of mediocre: External shocks expose India's slide into middle-income stagnationIndia's economy is experiencing a slowdown. High growth and low inflation mask underlying issues of weak demand and poor productivity. This...
- US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia warAmerica's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage econo...
- Sudip Bandyopadhyay bets on pharma, metals and select cyclicals as geopolitical risks easeEasing West Asia tensions boost global markets, prompting investors to reassess opportunities. Market veteran Sudip Bandyopadhyay favors ph...
- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
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