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GROUP CHIEF ECONOMIST
What is behind South Africa's anti-immigrant protests?South Africa faces escalating anti-immigrant sentiment, with protesters demanding undocumented foreigners leave. Despite claims of being ov...
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
U. S Stock Market today: Alphabet stock price up, Micron Technology, Sandisk, Cerebras Systems share prices jump, FedEx shares drop. Top stocks to follow on Wednesday at Wall StreetU.S. Stock Market indexes S&P 500, Nasdaq were set for a positive opening on Wednesday while Dow Jones may witness volatile trading today.
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...
US Stock Market: Warsh reshapes Fed playbook with leaner messaging and reform agendaUS Federal Reserve Chair Kevin Warsh signalled a major shift in central bank communication by adopting shorter policy statements and focusi...
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...
Ample world inventories may soften El Nino food supply shockA potential super El Niño is expected to disrupt global weather patterns and threaten agricultural output in the coming months, but large e...
Global Market Today: Asian shares gain as US-Iran deal takes effectUS stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns...
US stocks: US market ticks up ahead of first Fed policy decision under WarshU.S. stock indexes opened higher on Wednesday, with chip stocks rebounding ahead of the Federal Reserve's first interest rate decision unde...
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
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...
Crop prices drop as Hormuz reopening to ease farm-input shockThe development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...
India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
FCNR(B) window may save banks Rs 4,000 croreBanks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
Asian stocks fall, oil gains as US strikes IranUS forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a...
RBI seen joining Asia’s rate-hike push as inflation risks riseThe Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...