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4 mins read
Sensex, Nifty50 surge in morning trade led by banking and metal stocks
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Thursday amid posit…
3 mins read
The EU's upcoming ban on Russian crude could shift 1 million barrels a day to these 7 nations next year, energy researcher says
The future of Russian flows could change dramatically as Europe's oil ban kicks in, Here's what the…
Phil Rosen
2 mins read
Janet Yellen shrugs off the strong dollar's role in market turmoil and says OPEC+ cuts will harm the global economy
"We're monitoring currency movements and their impacts very closely," US Treasury Secretary Janet Y…
Zahra Tayeb
6 mins read
Decoded: How the rupee trade settlement is tied to India’s trade deficit and forex reserves
As a net-importing country, India’s forex reserves have come under pressure due to the surge in the…
2 mins read
SriLankan Airlines set to cancel flights as 'bankrupt' country runs out of fuel, report says
Sri Lanka's economic crisis means it cannot pay for fuel imports, forcing the flag carrier to take …
Abby Wallace
2 mins read
Joe Biden and Vladimir Putin's proposed meeting not in the plans anymore, says White House Press Secretary
White House Press Secretary Jen Psaki has announced that a proposed meeting between US President Jo…
4 mins read
Ray Dalio, Jamie Dimon, and other experts are bracing for painful inflation, recessions, and market turmoil around the world. Here's why they're so worried.
Years of carefree spending and borrowing, the COVID-19 pandemic, the Russia-Ukraine war, and misgui…
Theron Mohamed
4 mins read
Explained: International trade settlement in Rupees and why RBI is doing it
The Reserve Bank of India’s efforts to keep the Rupee stable and cut down the use of the US Dollar …
4 mins read
'India's recovery is on a solid path', is world's top economic performer: UN report
The UN's annual World Economic Situation and Prospects (WESP) report estimated the growth rate o…
4 mins read
Japan is quietly gaining an edge amid a growing competition between India and China
India and Japan also announced the Asia-Africa Growth Corridor in May 2017 to further expand ties. …
Christopher Woody
2 mins read
10 things you need to know before European markets open
There is a nuclear clue in the probe into the Paris attacks. Belgian investigators searching houses…
Ben Moshinsky
5 mins read
2 of Asia's biggest militaries are working on a deal that could give them an edge over China
"For India, the concern now is that although it maintained this kind of regional hegemony by defaul…
Christopher Woody
6 mins read
'China is not Father Christmas': India's concern about Beijing's expansion grows after a new port deal
China's latest investment extends the country's One Belt, One Road initiative, which includes overl…
Christopher Woody
2 mins read
The 'usual suspects' are once again making the same policy mistakes
As oil prices fell sharply at the end of 2014, they dragged inflation in emerging markets down with…
Jonathan Garber
5 mins read
Western countries reportedly want to use cash and soft power to fend off Chinese influence in the Pacific
After a 2006 coup in Fiji, which prompted sanctions from Australia and New Zealand, Beijing became …
Christopher Woody
8 mins read
Xi Jinping’s China seems to be coming of age the same way as Western imperialists
From the 19th century Europe, when the Rothschild family built a financial empire on the ruins of m…
5 mins read
India is steering a tricky path through US allies and foes in South Asia
Pakistan has had poor relations with India and Afghanistan, and it does not allow those two countri…
Christopher Woody
3 mins read
Australian navy helicopter pilots were reportedly targeted with laser beams from fishing boats in South China Sea
China claims the vast majority of the South China Sea as its own despite protests and legal battles…
Sinéad Baker,Sinéad Baker,Sin…
1 min read
Essar has sold Aegis to a Singaporean private investment firm
Essar exits BPO business, sells Aegis to Capital Square Partners
3 mins read
10 things you need to know in markets today
China is considering allowing financial insitutions to trade credit default swaps. According to a r…