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Iran to join BRICS development bank soon, central bank governor Abdolnaser Hemmati saysIran plans to join the New Development Bank soon. This move comes as the nation faces international sanctions and seeks alternative financi...
GIFT Nifty signals muted start, D-Street braces for cautious openingIndian equity benchmarks concluded lower on Tuesday, August 11, with Nifty 50 falling below 24,500. Crude oil price rebound and F&O expiry ...
Dollar subdued as markets await US inflation data for Fed cluesAs Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from th...
India sixth-largest economy at $3.92 trillion nominal GDP in FY26: GovernmentIndia's economy reached sixth globally with a $3.92 trillion GDP in 2025-26. Government strategies focus on agricultural productivity and m...
US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
Govt taps inputs from public sector banks to lure foreign capitalGovernment will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...
Charting the global economy: US employment declines unexpectedlyThe El Niño on track to become the most powerful of the past 76 years is strengthening rapidly, posing a major threat to fragile economies ...
America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert saysIndia's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...
Iran's leaders believe a victory is within reach, and that time is on their sideIran believes military pressure will force the United States to accept its control. The nation is betting that time and global energy price...
India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, and fishermen: Union Minister Piyush GoyalIndia has amended foreign direct investment regulations to boost e-commerce trade. These changes will help small businesses, artisans, farm...
Financial sector must build safeguards against AI risks before using it: CEAThe financial sector cannot afford to ignore emerging AI-related threats until they become a reality, he said at an event organised by indu...
Financial sector can't afford to ignore AI risks, CEA V Anantha Nageswaran warnsChief Economic Adviser V Anantha Nageswaran urged financial institutions to prioritize AI security. He warned against waiting for AI threat...
Yen and dollar drift on Iran deal concerns, payroll jittersOn Thursday, currency markets exhibited a sense of caution as traders monitored impending economic data. The Japanese yen battled to uphold...
Apple’s India sales top $10 billion on widening retail pushApple crossed $10 billion in annual sales in India for the first time in FY26, with revenue growing at a double-digit rate from about $9 bi...
EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
China draws 'red lines' around its economic model ahead of EU, US trade talksChina defends its economic policy favoring advanced industries over domestic consumption. This stance signals increasing confidence ahead o...
India’s BRICS Presidency gathers momentum with key Ministerial meets early AugustIndia will host several BRICS ministerial meetings over the next two weeks. These meetings precede the major summit scheduled for September...
Global Market | A history of Japan's biggest interventions to support the yenThe Japanese yen recorded its strongest one-day gain against the U.S. dollar in nearly two years after suspected intervention by Japanese a...
Yen weakens after intervention-led surge ahead of BOJ policy decisionThe Japanese yen faced renewed pressure after Tokyo intervened in currency markets. The dollar gained as traders questioned the US Federal ...
Global Market Today: Asian stocks rise on Korean rally, yen holds gainsAsian stocks advanced as chip shares revived artificial intelligence trade confidence. South Korea's Kospi Index surged over fourteen perce...