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1 min read
Billionaire investor Ray Dalio warns debt is being devalued as governments pile it up and central banks keep rates artificially low
Ray Dalio says he is worried by the amount of debt held globally, and how central banks are using i…
Kelly Cloonan
2 mins read
RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…
3 mins read
RBI's monetary policy committee meeting begins today, announcement on October 9
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…
2 mins read
S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct
S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…
PTI
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…
2 mins read
Asia's answer to Chipotle is now a $1.5 billion public company
Guzman y Gomez's shares climbed 36% in the hours after trading started.
Shubhangi Goel
2 mins read
Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank
The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …
PTI
2 mins read
Asian Development Bank upgrades 2023 growth outlook for developing Asia amid robust domestic demand
The Asian Development Bank (ADB) has revised its economic projections for developing economies in A…
ANI
2 mins read
Asia to contribute 60 pc of global growth in 2024: IMF official
Asia remains the engine of economic growth and it is on track to deliver 60 per cent of global grow…
ANI
3 mins read
Greater risk of rupee weakness; RBI could press hard on brakes: Moody's
The risk of weakness in currencies in the emerging economies in Asia is worrisome, and more so the …
ANI
3 mins read
The West can't completely isolate Russian banks because it would be disastrous beyond Russia
The West could still block the access of all Russian banks to SWIFT — but it would come with major …
Huileng Tan
2 mins read
Central banks are boosting stockpiles of gold in their reserves amid a backlash against the dollar
Central banks added 228.4 tons of gold to global reserves in the first quarter, the World Gold Coun…
Filip De Mott
1 min read
Asia's first woman loco pilot Surekha Yadav operates Vande Bharat Express
Asia's first woman loco pilot Surekha Yadav has added another feather to her cap as she became the …
PTI
3 mins read
ADB trims economic growth forecast for developing Asia; retains India FY23 GDP growth at 7%
The Asian Development Bank (ADB) has lowered its economic growth forecasts for the developing Asia …
ANI
2 mins read
RBI directs card issuers to offer choice among card networks, bans restrictive agreements
According to a press release, the central bank prohibited card issuers from entering into agreement…
ANI
3 mins read
India tops global remittance charts at $125 billion in 2023: World Bank report
According to the World Bank, the report highlights India's significant position as the top remittan…
ANI
1 min read
Pakistan's remittances decrease 10.5% in Sept
Pakistan's remittances decrease 10.5% in Sept
1 min read
Sensex, Nifty50 fall for second consecutive day as hawkish central banks continue to spook investors
Equity benchmarks Sensex and Nifty declined nearly 1 per cent on Friday, in tandem with a weak tren…
PTI
1 min read
Rupee falls 4 paise to 79.87/US dollar in early trade
The rupee depreciated 4 paise to 79.87 against the US dollar in opening trade on Wednesday, trackin…
PTI
2 mins read
Global stocks mostly drop over hawkish central bank talk while China's COVID outbreak worsens
The rise in COVID cases in China prompted lockdowns and restrictions as the country steps up its ze…