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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   


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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…

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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…

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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   


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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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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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Pakistan's remittances decrease 10.5% in Sept

Pakistan's remittances decrease 10.5% in Sept

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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   


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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   


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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…

Hamza Fareed Malik