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IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
Former wife of Amazon boss Jeff Bezos, MacKenzie Scott, has put $70 million into ocean-climate solutions: Why it mattersMacKenzie Scott has committed an impressive $70 million towards enhancing ocean resilience in the fight against climate change. This pivota...
Global Market: IMF urges governments to cut spending, reduce debt as borrowing costs riseThe IMF has urged governments worldwide to rein in spending, narrow budget deficits and reduce debt as global public debt approaches 100% o...
'Advertising spends may keep growing in high single digits'The festive season is a major business driver for automobiles, electronics and gadgets, beauty and personal care, and home decor. India's a...
Saudi Arabia spends $83 billion on defence. Why are missiles and drones still getting through?Saudi Arabia has invested significantly in defense, spending approximately $83 billion in 2025. Houthi rebels have increasingly targeted cr...
IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
RBI to continue efforts to curb rupee volatility; external factors driving currency fall: FMFinance Minister Nirmala Sitharaman mentioned the Reserve Bank of India’s ongoing efforts to stabilize the rupee's value. She noted that th...
Vantrock Real Assets plans Rs 3,100 cr investment in warehousing, logistics parksVantrock Real Assets plans to invest Rs 3,100 crore to develop 11.5 million sq ft of warehousing and industrial assets across key Indian ma...
Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
World Bank in talks with 30-40 countries over aid to tackle Middle East energy shockThe World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global...
No Fitch, Moody's or S&P, please: The Big 3 face a new challengeThe African Union established the Africa Credit Rating Agency to provide better assessments for African economies. This initiative aims to ...
Canadians could claim up to $10,000 under Carney’s heat pump rebate: Check date, who qualifies and when applications openCanadian Prime Minister Mark Carney has announced a $2 billion national heat pump rebate program aimed at helping Canadians lower home ener...
Donald Trump approval rating crashes among Republicans weeks ahead of November 3 US midterm electionsDonald Trump approval rating: Concerns about the economy and the war have driven Trump's public approval to record lows and have been weigh...
India can unlock AI gains by opening up enterprise data, says World Bank's Neelkanth MishraNeelkanth Mishra from the World Bank Group highlighted the issue of enterprise data accessibility in India. He stated that 99 percent of co...
Growth hinges on local reforms, not protectionism: Indermit GillIndia holds a unique opportunity to enhance its economic growth but must address internal challenges effectively. Rapid reform and the effi...
Global Market: Nomura Asset Management targets global investors as Japan markets regain appealNomura Asset Management is seeking to capitalise on rising global interest in Japanese equities and bonds, using stronger markets, higher y...
IMF chief warns energy shock, growing debt and AI risks threaten global growthIMF chief Kristalina Georgieva warned that high energy prices, record public debt and the AI investment boom are fuelling inflation and thr...
WHO says medicines, surgery not first-line treatment for childhood obesityThe World Health Organization has released guidelines on treating obesity among children and adolescents. It emphasizes structured diets, p...
Après le Déluge, a case study: France’s debt crisis is exposing deeper cracks in the global economyAmidst a backdrop of economic turmoil, France is confronted with stagnant growth and high deficits, which are eroding investor confidence. ...
‘Productivity growth in consumer services is powering India’s rise’Dani Rodrik highlights the relationship between ending poverty, boosting the global middle class, and addressing climate change. He emphasi...