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Indo-Pacific, the new Gulf: Geopolitics joins petronomics to infuse the region with new energyThe Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...
FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
India's Gaza policy balanced, Congress doing vote bank politics: BJPThe BJP has countered Sonia Gandhi's criticism of the government's Gaza policy, accusing the Congress of misinformation and vote bank polit...
On This Day in History, June 27: World's first ATM installed, Peter the Great wins at Poltava, Atari founded, Djibouti gains independence, first colour TV demo and moreOn This Day in History, June 27, history spans military victories, political change, scientific innovation and technological breakthroughs....
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
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...
Cuba unveils historic package of free-market reformsIn a landmark speech to National Assembly, Prime Minister Manuel Marrero detailed 176 measures aimed at rolling back the state's role in th...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
India's Bimal Patel elected UN's ITLOS tribunal judgeThe election was held within the framework of the 36th Conference of States Parties to the United Nations Convention on the Law of the Sea ...
'Do not use': US banking giants JPMorgan and Goldman Sachs restrict Anthropic AI access abroad. Here's whyMajor US banks, JPMorgan Chase and Goldman Sachs, have restricted employees outside the US from using advanced AI tools like Anthropic's Cl...
Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...
PM Modi interacts with world leaders during G7 SummitPrime Minister Narendra Modi attended the G7 Summit in France. Leaders from Italy, the European Union, and Kenya were present. The G7 natio...
Why are oil prices down while gold and silver prices up today? Reasons behind crude oil fall, precious metals rally, analyst insights and market outlookWhy are oil prices down while gold and silver prices up today? Oil prices fell to a three-month low as hopes grew that the Strait of Hormuz...
Russia should make peace deal, Trump says after 'very good' Zelenskiy meetingUS President Donald Trump called for Russia to strike a peace deal with Ukraine. He met with G7 leaders and Ukrainian President Volodymyr Z...
Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...