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India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24India’s foreign exchange reserves fell by $1.2 billion to $719.74 billion in the week ended October 24, according to the RBI. The decline f...
Finmin pegs Q2 expansion at 7.35%,flags capital pressure over US yieldIndia’s economy is estimated to have grown 7.35% in the September quarter, supported by strong industrial output, GST collections, energy u...
IMF flags Super El Niño risks to India’s growth, says impact yet to materialiseAccording to the IMF, India continues to act as a significant growth engine within the global economy. Despite looming threats posed by wea...
- Christine Lagarde: The outsider who led the European Central Bank her way
Christine Lagarde's early departure as European Central Bank president marks the end of a seven-year tenure shaped by the Covid-19 pandemic...
IMF proposes China’s Min Liao as deputy managing director, Bo Li to exit in NovemberThe International Monetary Fund has nominated Min Liao, China’s Vice Minister of Finance, for Deputy Managing Director. His appointment fol...
India only major emerging economy set to reduce debt ratio by 2031: RBI Deputy GovernorIndia is projected to be the only emerging market economy among nine economies with gross domestic product (GDP) exceeding USD 1 trillion t...
UK Budget 2026 Highlights: Treasury chief John Healey presents his first budget, check latest updatesChancellor John Healey on Wednesday presented his first Budget focused on the rising cost-of-living crisis and energy prices. There were ex...
Anthropic's record IPO faces some big questionsNo startup has ever grown so fast. Investors have already grown nervous.
India's growth momentum stays resilient despite global headwinds: RBI Deputy Governor Poonam GuptaReserve Bank Deputy Governor Poonam Gupta indicated that India's real GDP growth fell short due to external shocks. She highlighted that In...
Chinese Communist Party begins key plenum meeting setting stage for Xi's fourth termThe Chinese Communist Party has initiated a crucial plenary session aimed at securing President Xi Jinping's fourth term. The session is se...
Trump adds Norway to vulgar list of countries, citing Nobel Prize snubUS President Donald Trump made controversial comments about Norway at a political rally in Port Huron, Michigan. He criticized Norwegian im...
RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economyIndia's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures hav...
IMF, OECD warn AI could widen rich-poor country divideRecent conversations underscore the transformative possibilities of artificial intelligence in fostering global economic growth and improvi...
IMF, OECD warn AI could widen rich-poor country divideArtificial intelligence holds the potential to significantly enhance global economic growth and productivity rates. However, poorer countri...
Global Market: Bank of Korea holds interest rates at 3% after back-to-back hikesThe Bank of Korea kept its benchmark interest rate unchanged at 3.00% on Thursday, pausing after back-to-back 25-basis-point hikes in July ...
Government staff in Saudi capital told to work from homeThe Kingdom Centre, a 99‑storey tower in downtown Riyadh that houses the regional office of the International Monetary Fund, has also reque...
Global Market: China backs IMF scrutiny of fiscal risks in major economiesChina backed the IMF’s efforts to monitor fiscal risks in major advanced economies and assess global spillover effects. PBOC Governor Pan G...
Cyberattacks on critical financial infra could disrupt payments, credit and market confidence, IMF warnsCyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine m...
Ex-IMF Director KV Subramanian dismisses Pakistan's global financial leadership claimKrishnamurthy V Subramanian has criticized Pakistan's claim of returning to global financial leadership. He clarified that the IMF and Worl...
IMF members call for more support amid war shocks, 'advanced intelligence' risksThe International Monetary Fund's member nations are advocating for heightened assistance to those grappling with financial difficulties, m...