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RUSSIA FINANCIAL RESERVES DEPLETION
Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...- India and Russia set $50 billion investment target by 2030India and Russia are targeting $50 billion in mutual investments by 2030, focusing on joint ventures in advanced manufacturing, critical mi...
- Proverb of the day from Russia: 'The well-fed do not understand the hungry. Your tear, to a stranger, is nothing but a drop of salty water...' A centuries-old lesson on why expecting others to understand your pain often leads to disappointmentToday's proverb from Russia explores the limits of human empathy, suggesting that people often find it difficult to fully understand hardsh...
- Ukraine’s deep strikes inside Russia may push the war toward a catastrophic nuclear crisis; expert warnsUkraine's strikes on Russian oil facilities near St. Petersburg aim to disrupt funding. Expert Ted Galen Carpenter warns this could escalat...
- Rupee ends losing run on whiff of FPI flows into stocksThe Indian rupee strengthened on Friday, ending its four-day decline to close at 94.21 against the dollar. This recovery was fueled by mode...
- Europe's STOXX 600 clocks best week in over a month as rally broadensEuropean stocks surged to record highs this week, with the STOXX 600 and Germany's DAX hitting all-time peaks. Investors are betting agains...
- Global stocks: UAE markets end higher; IHC gains on India aluminium ventureUAE stock exchanges enjoyed a remarkable jump on Friday, paralleling an upswing in global indices after a lackluster U.S. jobs report eased...
- Russia halts petrol sales in city as Ukraine strikes deepen fuel crisisUkrainian strikes on Russian energy infrastructure have triggered a severe fuel crisis, forcing curbs on sales and leading to price hikes. ...
- India's forex reserves fall $5.65 billion to $666.93 billion in week ended June 26India's foreign exchange reserves experienced a significant dip of $5.65 billion, reaching $666.93 billion by June 26, 2026. This follows a...
- Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-MayEurope's STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclic...
- RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&PThe Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...
- India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growthIndia's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term red...
- Bharti Airtel's NBFC arm begins commercial operationBharti Airtel's non-banking financial arm, Airtel Money, has officially begun its commercial operations after securing a license from the R...
- India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
- Solvency buffers at insurers thinning; general insurance sector more of a concernThe Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...
- Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
- India's Russian oil imports to hit record high in June, data showsIndia's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...
- Scientists say ozone loss could have been spotted in the 1950s, because today’s layered satellite tools reveal that industrial chemicals were already thinning the atmosphere long before the Antarctic hole was foundA new study reveals that ozone depletion might have been detectable in the 1950s, predating widespread CFC use. Carbon tetrachloride, an in...
- EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
- A 2026 psychology study found that unfair or pointless job tasks increase quiet quitting by draining workers’ psychological resources, but AI assistance may reduce the riskNew research reveals that pointless or unfair work depletes employees' mental energy, directly leading to quiet quitting. A study in Fronti...
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