Global Economic Crisis

But for the RBI's management, rupee would have been far more volatile

Global shocks from pandemics to wars are reshaping currencies and capital flows, raising questions on RBI's role and India's external stability strategy

West Asia conflict revives stagflation dangers for global economy

Whether the twin blows affecting growth and inflation seen in purchasing manager indexes after the first month of the Iran conflict intensified during month two will be a key focus

World Bank chief warns of looming jobs crisis even after Iran war ends

World Bank chief said governments must balance immediate crises with long-term priorities including job creation, clean water access and electrification

Escalating West Asia conflict becomes world's latest economic hazard

US President Trump insists the conflict will be brief, but world leaders are preparing for severe economic blowback

Global forums: Necessities or unnecessary burdens as reform calls grow

To address similar difficulties, the earlier generation of leaders established a host of international forums to foster mature and peaceful dialogue and reason among countries

We need to talk about China as global economic tensions remain high

Chinese govt made important mistakes during pandemic. It chose to support Russia in its invasion of Ukraine in 2022. Embracing nationalism, it chose hostile behaviour against India in 2017 and 2020

Trump's tariffs have unleashed worst of all possible worlds for his voters

Trump, speaking on Air Force One on Thursday afternoon, said he was open to reducing tariffs if trading partners were able to offer something "phenomenal"

Trump's tariff rollout opens new era of uncertainty for global economy

The lack of details so far on the structure, size and targets of the levies have left the world "flying blind" heading into the big announcement day, according to Nomura

Nifty monthly losing streak 2nd worst in 30 yrs; why you should be worried

The Nifty 50 index has shed nearly 13% in the last five straight months, its longest losing streak since November 1996; equalling its second-worst ever in the 30-year history.

Global economy to weaken in 2025, India's strong growth continues: WEF

A majority of chief economists worldwide expect weaker global economic conditions in 2025 but India is likely to maintain a strong growth despite signs of some momentum being lost, a new report said on Thursday. In its latest Chief Economists Outlook, the World Economic Forum said the global economy is set to face significant challenges in 2025, with 56 per cent of chief economists surveyed expecting conditions to weaken. Only 17 per cent foresee an improvement, pointing to heightened uncertainty in key regions and the need for measured policy responses worldwide, it found. The US economy is expected to deliver robust growth in 2025, and South Asia, particularly India, is also expected to maintain strong growth. The outlook for Europe remains gloomy, with 74 per cent of respondents predicting weak or very weak growth this year. The outlook for China also remains weak, and growth is projected to slow gradually in the years ahead, the WEF said in the report prepared on the basis of

Global economic growth to remain subdued at 2.8% in 2025: United Nations

Global trade is expected to grow by 3.2% in 2025, slightly down from 3.4% in 2024. However, tensions in trade policies and geopolitical uncertainties pose risks

What makes disconnecting trade ties with China expensive and challenging

The current global economic environment works against migration, standing in contrast to the increasingly tense geopolitical situation that adds urgency to decoupling

Standard Chartered Q1 2024 results: Profits rise 5.5%, beat estimates

Despite the forecast-beating quarterly profit, the bank saw its credit impairments worsen in 2024

Inflation could hamper 'soft landing' of global economy despite US growth

Recent data have not been helpful, with inflation stalled well above the US central bank's 2% target for the first quarter of the year

World economy's great escape worries G-20 amid surging geopolitical risks

IMF chief Kristalina Georgieva has signaled that the fund will also slightly raise its forecast, to be released Tuesday, from the current 3.1 per cent

Goldman, Morgan Stanley raise China's 2024 growth outlook as exports rise

The world's second-largest economy has struggled to regain momentum as the property sector and consumer spending remain weak

Japan's economy recovers to full capacity, keeps rate hike prospects alive

The BOJ ended eight years of negative interest rates and other remnants of its unorthodox policy last month

Sri Lanka's economy records 4.5% growth in fourth quarter of 2023

After six successive quarters of negative growth, Sri Lanka's bankrupt economy is estimated to have recorded a growth of 4.5 per cent year-on-year in the fourth quarter of 2023, the Central Bank announced here on Tuesday. It was only during the third quarter of 2023 that the economy recorded positive growth after six successive quarters of negative growth experienced by the cash-strapped economy. The headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index, had decelerated to 5.9 per cent in February from 6.4 per cent in January. The gross official reserves improved to USD 4.5 billion by the end of February 2024, which includes the swap facility from the People's Bank of China. Governor Nandalal Weerasinghe said the reserve buildup was better than the Central Bank's expectations. The reserve buildup was supported by considerable net purchases by the Central Bank from the domestic foreign exchange market amidst increased foreign currency inflow

China's services activity growth momentum softens in Feb: Caixin PMI

Despite robust activity during the eight-day Lunar New Year holidays, the expansion rate of new business was little-changed from January, the Caixin survey showed

Oil settles at highest in nearly eight weeks on strong economic growth

Both benchmarks made weekly gains of more than 6%, marking their biggest weekly increase since the week ending Oct. 13 after the start of the Israel-Hamas conflict in Gaza