Global Economy

The US and Israeli attacks on Iran rattled world markets on Monday, with US futures initially falling more than 1 per cent and oil prices soaring, though both moderated as trading picked up. The futures for the S&P 500 and Dow Jones Industrial Average were down about 0.8 per cent by mid-morning in Bangkok. Asian shares opened lower. Japan's Nikkei 225 index initially fell more than 2 per cent, but by midday Tokyo time it was down 1.5 per cent at 57,981.54. In Hong Kong, the Hang Seng lost 1.6 per cent to 26,215.91, and the Shanghai Composite index was flat at 4,163.01. Taiwan's benchmark lost 0.6 per cent and Singapore's dropped 1.9 per cent. In Bangkok, the SET fell 2.1 per cent. Australia's S&P/ASX 200 shed 0.3 per cent to 9,173.50. Markets were closed in South Korea for a holiday. The price of gold, usually viewed as a safe haven for investment in times of uncertainty, rose 2.4 per cent to about USD 5,371 per ounce. Traders were betting the supply of oil from Iran and ...

At GEC 2026, PM Modi says India is emerging as a stabilising global partner amid uncertainty, as Jaishankar warns of weaponised trade and Phadnavis positions Mumbai as a financial anchor

India seeks to convene, align and anchor a shifting global order by building platforms where governments, capital and enterprise forge the partnerships shaping future prosperity

From markets to spending to debt, usually reliable indicators that forecast where the economy is headed are proving deeply fallible

The measures to promote and further the Make in India policy have to be seen in this context, such as the SME Growth Fund announced in the Budget

WEF 2026 highlighted AI's shift from hype to execution, India's rising global confidence, and the need for policy consistency, R&D investment, and trusted partnerships in a fragmenting world

As India marks its 77th Republic Day, GIFT City reflects a long-term effort to align democratic governance with global economic ambition

Davos leaders push back against Mark Carney's warning of a disintegrating world, stressing that global interdependence still anchors growth and trade

Five major themes set to shape economic debate in 2026, from India-EU trade ties and fiscal strategy to data revisions, Fed independence and the risks around AI investment

Senior policymakers, global CEOs and investors will gather in Mumbai from February 17-19 for the inaugural Global Economic Cooperation summit amid shifting economic power

The fate of the world's largest island has outsize importance for billions of people on the planet, because as the climate warms, Greenland is losing ice-that has consequences

The Union Cabinet's approval of the BioE3 policy is a landmark step in the right direction. But the window of opportunity is narrow

Real gross domestic product is now projected to rise by 2.6 per cent in 2026, up from a June forecast of 2.4 per cent, the Washington-based lender said in a report Tuesday

Growing inequality between the rich and poor is the top-most economic concern for the youth across the world, while a large number of them want to run for political office rather than just critique, a new survey showed on Monday. The World Economic Forum's Youth Pulse 2026: Insights from the Next Generation for a Changing World 2026 report sought to know how the next generation is interpreting, and responding to, rapid economic, political, technological and environmental change. The survey, drawing insights from nearly 4,600 young people aged 1830 in 144 countries and territories, found that 48.2 per cent identify 'growing inequality between the rich and poor' as the top economic trend shaping the future. Yet in regions such as Sub-Saharan Africa and South Asia, entrepreneurship emerged as the most powerful economic force reflecting growing confidence in innovation and self-determination as key drivers of opportunity. More than 57 per cent cited financial concerns among their bigg

Tariffs have been weaponised. They are now tools for reconfiguring global trade and foreign policy

The long-term effects of the tectonic shifts visible in 2025 are hard to parse

With US protectionism and China's mercantilist push reinforcing each other, developing nations are caught in a global trade squeeze that threatens growth, jobs, and convergence

Hanoi negotiated US tariffs down from 46% to 20%, matching most of Southeast Asia, alongside a deal to curb transshipments of Chinese-made goods routed through Vietnam to the US

Asserting that India is a model of high growth and low inflation, Prime Minister Narendra Modi on Saturday said the country's 8.2 per cent growth in the second quarter of this fiscal shows that it is becoming the growth driver of the global economy. He also said India's self-confidence had been shaken by the "mentality of colonialism" but now we are moving ahead of it. Modi said that at a time when the world is full of uncertainties, India is seen in a different league. The changes happening in India are not just about possibilities but are a saga of changing thinking and direction, he said addressing the Hindustan Times Leadership Summit. "We are standing at a juncture where one fourth of the 21st century has passed. The world has seen many ups and downs: financial crisis, global pandemic, technological disruptions, world falling apart, we are seeing wars, these situations in one way or the other are challenging the world," Modi said. The world is full of uncertainties but India

Over 610 emerging and private equity-backed companies now run GCCs in the country, marking a shift as fast-growing mid-market firms adopt a model once dominated by global giants