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Dubai approves 80km New Fourth Corridor road project connecting Abu Dhabi and SharjahDubai has approved an eighty-kilometer New Fourth Corridor road project. This significant infrastructure development will connect Abu Dhabi...- Who is Michael Kremer, the Nobel laureate set to become World Bank’s next chief economist?Nobel laureate Michael Kremer will become the World Bank's next chief economist. He is recognized for his experimental approach to alleviat...
- World Bank names Nobel laureate Michael Kremer as next chief economistMichael Kremer, the distinguished Nobel laureate, is set to assume the role of chief economist at the World Bank. With a robust background ...
- UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this yearUnited Kingdom inflation reached a five-month peak in August, driven by fuel prices. This increase moves inflation further from the Bank of...
- Global Market: Klaas Knot tops list of potential Lagarde successors at ECBFrance may support former Dutch central bank chief Klaas Knot to succeed Christine Lagarde as ECB president in exchange for a French candid...
- Decision Day Guide: Fed seen hiking interest rates in defiance of TrumpThe Federal Reserve is expected to raise interest rates for the first time since 2023, responding to persistent inflation and recent hotter...
- US Market: Fed rate hike looms as hotter inflation clouds policy outlookThe US Federal Reserve is widely expected to raise interest rates by 25 basis points on Wednesday, taking the benchmark rate to 3.75%-4.00%...
- Global Market: China’s AI boom lifts factory output as property slump deepensChina's industrial output accelerated in August, supported by strong demand for AI-related technology and advanced manufacturing. However, ...
- 'CEA wants to talk with you': Startup founder surprised to get an invite from Finance Ministry to talk about his challenges and policy changes needed to grow businesses in IndiaChandru Rajendran, founder of Procurio, received an email invite from India's Ministry of Finance saying the chief economic adviser wanted ...
- A dozen ingredients show India's mounting food inflation riskIndia’s everyday thali is getting costlier as weak monsoon rains, the Iran and Ukraine wars and rising demand for crops used in biofuels pu...
- Retail inflation in August rises to 4.8%, wholesale print up 9.9%India's retail inflation reached 4.8% in August, its highest level since January. Wholesale inflation also climbed to 9.9%, driven by fuel ...
- SBI Research, IDFC First expect rate hike in October as crude prices climb: Higher oil prices & inflation raise likelihood of policy tighteningEconomists are gearing up for a potential rate hike from the central bank as soon as October, driven by escalating crude oil prices and ong...
- Bank of Baroda's new mobile app to help customers make payments using voice commandsBank of Baroda launched its updated mobile application, bob World 2.0, with new features. This app now allows users to make payments using ...
- Dubai, Abu Dhabi residents return to a new normal: ‘Neither war, nor peace’Six months into the Iran war, the UAE’s post-pandemic boom is facing its biggest test. Tourism, aviation, property and trade have taken a h...
- 'This is the test': All eyes on US Fed to tackle high inflationThe US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hik...
- US consumer prices accelerate in August, push Fed closer to rate hikeIn August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantia...
- Global Market Today: Asian stocks, bonds fall on oil, inflation concernFollowing a notable rise in oil prices, Asian stocks and bonds faced a downturn, signaling a shift in market sentiment. The latest inflatio...
- FCNR boost for bank credit growth may be temporary, says Axis CEO Amitabh ChaudhryRecent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differenti...
- GFF 2026: Axis Bank CEO Amitabh Chaudhry sees credit growth slowing to 15-16%, flags rate hike riskAxis Bank CEO Amitabh Chaudhry expects India’s bank credit growth to moderate to 15-16% this year from the current 18-19%, partly due to th...
- Gaining ground: Household manufacturing grows 4x faster than corporatesHousehold manufacturing in India is growing nearly four times faster than corporate entities. This sector's gross value added shows a subst...
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