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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...- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- G7 finance ministers explore responses to Iran war falloutGlobal finance leaders met in Paris to address economic fallout from the Middle East conflict. France's finance minister called for increas...
- Imran Khan-linked ‘Cyphergate’ Row hits Pakistan: US' role confirmed in his ouster? Secret cipher says 'All will be forgiven in Washington.'Imran Khan cipher case: A leaked Pakistani diplomatic cable has resurfaced, reigniting claims of a foreign conspiracy behind Imran Khan's r...
- The Hormuz blockade: Why a fragile ceasefire may not lower global oil pricesBrent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global ...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- US-Pakistan tango: This risky double-game may dent Islamabad’s relations with Beijing, and also cause international humiliationIran's foreign minister refused to meet a US delegation in Pakistan, exposing Islamabad's risky diplomatic tightrope walk. This move, alleg...
- US indicated it would not ease Russian oil sanctions again, EU's Sefcovic saysEuropean Trade Commissioner Maros Sefcovic discussed U.S. sanctions relief on Russian oil with U.S. Treasury Secretary Scott Bessent. Sefco...
- India among the worst hit by West Asia crisis, says Gita Gopinath; oil, food and fertilisers all at riskIndia faces severe economic challenges from the West Asia conflict. Disruptions affect oil, gas, and supply chains. Actual shortages are oc...
- EU approves a $106 billion loan package to help Ukraine after Hungary lifts its vetoThe European Union has approved a substantial loan for Ukraine to support its economy and military. This comes after Hungary ended its oppo...
- US extends Russian oil waivers by 30 days, offering relief to India and other vulnerable nationsThe United States has granted a 30-day extension for sanctions relief on Russian seaborne oil. This decision offers crucial support to Indi...
- IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
- India resilient amid oil shock, may grow 6.8%-7.1% despite global headwinds: SBI ResearchIndia faces global challenges from a strong position. Economic growth is projected between 6.8% and 7.1% for FY27. The nation's banking sec...
- Russian LNG under US sanctions heads for the first time to IndiaA Russian liquefied natural gas cargo, currently under United States sanctions, is en route to India. This shipment, if it reaches its dest...
- 11 nations call for coordinated IMF-World Bank support amid Middle East war risksThe finance ministers of 11 countries including Britain and Japan called Wednesday for "coordinated emergency support" to help countries hi...
- IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...
- Economic shock of Middle East war to cast shadow over IMF, World Bank meetingsGlobal finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...
- IMF upgrades its outlook for the global economy in 2023The IMF, a 190-country lending organization, foresees inflation easing this year, a result of aggressive interest rate hikes by the Federal...
- Russia 'ready to invest' in euro: Dmitry MedvedevRussia said on Thursday that it is "ready to invest" in an IMF-run eurozone rescue, as the EU told Moscow to run transparent March election...
- IMF approves $750 mn loan for GeorgiaThe International Monetary Fund (IMF) has approved a $750 million emergency loan for Georgia to help in stabilising the Caucasus republic's...
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