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2 mins read

Indonesia sent a Chinese ship packing, escalating a fight over oil and gas in the South China Sea

Indonesia said it deployed two ships and an aircraft to drive Chinese coast guard ship out of the c…

Thibault Spirlet   


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2 mins read

Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections

The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.

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1 min read

RBI, Bank Indonesia sign pact to promote use of local currencies for bilateral trade

The Reserve Bank of India and Bank Indonesia (BI) on Thursday signed a Memorandum of Understanding …

PTI   


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3 mins read

Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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3 mins read

India provided more climate finance in 2022 than many rich nations, noted recent report

India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…

PTI   


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4 mins read

Foreign investors dump Indian equities on rising fears of more rate hikes by central banks

Indian stocks have outperformed several other emerging markets since March this year, as foreign po…

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2 mins read

India may take 75 years to reach one-quarter of US income per capita, says World Bank report

Drawing on lessons of the past 50 years, the report finds that as countries grow wealthier, they us…

PTI   


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4 mins read

China plans to float nuclear reactors in disputed South China Sea; Analysts see it 'risky for environment'

The US military warned that China is moving forward with developing floating nuclear reactors in th…

ANI   


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3 mins read

India's exports rise in 115 nations out of 238 destinations in 2023-24: Govt data

India's exports have increased to as many as 115 countries out of the total 238 destinations during…

PTI   


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1 min read

The de-dollarization drive is spreading wider - Indonesia is the latest nation to join the anti-buck movement

The island nation's central bank announced it has formed a National Task Force to widen the use of …

Zahra Tayeb   


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Russia's massive brain drain is ravaging the economy - these stunning figures show why it will soon be smaller than Indonesia's

By some estimates, 86% of those who have left Russia are under the age of 45, and 80% have a colleg…

Filip De Mott   


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Elon Musk’s chaotic Twitter rebrand got the site blocked in Indonesia where X.com was once linked with porn or gambling, says report

Twitter users in Indonesia can't access X's website after the government blocked it due to laws aim…

Joshua Zitser   


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3 mins read

Global shifts make compelling case for a structural bull run in Indian assets, says Standard Chartered Bank’s wealth management office

India’s macroeconomic backdrop sets Indian financial market assets up to perform well on a multi-ye…

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2 mins read

Global central banks are hoarding gold like never before as they seek to reduce 'overconcentration' of dollar reserves

Global central banks have been buying record amounts of gold as they seek to diversify their reserv…

Anil Varma   


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2 mins read

Indonesia plans to tax crypto from May – government to levy VAT and 0.1% tax on income from crypto trade

Indonesia will levy a 0.1% tax on income from crypto trading and a 0.1% VAT as well. Indonesia’s ta…

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4 mins read

Investors and economists bullish on India's growth even as World Bank trims FY24 GDP outlook

Even as investors and economists are sounding a bullish note on the growth prospects of the Indian …

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2 mins read

Bachelors in Asia are so desperate to attend Taylor Swift's concert that they are offering themselves up as dates to a bank's cardholders

Singapore's UOB cardholders are set to have exclusive access to a presale for tickets to Swift's co…

Kai Xiang Teo   


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7 mins read

Matthew Loh   


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Tsunami, earthquake hits Indonesia: Another Asian economy hit by an environmental calamity

The death toll had reached 1,203 as of Monday afternoon according to the Disaster Management Ins…

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India to assume G20 Presidency for one year from December 2022; host over 200 meetings and MEA lists priorities

Ten Engagement Groups of private sector/civil society/independent bodies (Business 20, Civil 20, La…