A recent report by Moody's warns that the ongoing curfews in Bangladesh could severely harm the country's economy, potentially bringing it back to levels seen during the pandemic.
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
In India, a key emerging market economy, analysts are pointing out that loosening monetary policy through interest rate cuts in the US amid weak growth projections could drive in investment inflows into India.
India boxer Preeti Pawar's hopes of bringing a medal back to the nation ended on a bitter note after Colombia's pugilist Yeni Marcela Arias Castaneda inflicted a defeat on her in the women's 54 kg round of 16.
As per the market analysts, the declining global sentiment after the disappointment that arose after the earnings disclosure of Alphabet and Tesl have greatly impacted the market globally.
The global energy price index experienced a sharp decline in FY24. On the other hand, the Central Government announced price cuts for LPG, petrol, and diesel. As a result, retail fuel inflation stayed low in FY24, the Survey said.
Amid record-high temperatures, residents of the southern Russian city of Krasnodar held a rare protest on Saturday about power outages and disruptions to the water supply caused by a power grid breakdown, according to CNN.
The price of gold, which opened in the low USD 2,300s in early July, quickly surpassed the USD 2,400 mark and achieved a high of USD 2,483 this Wednesday, according to Metals Focus report.
"Kudos to the Kurung Kumey district police for their exceptional humanitarian service! During the recent landslides and road cuts, they ensured essential supplies reached affected villages like Chaching, Sarli, Palo, Raktepu, and more," Khandu said in a post on 'X'.
The growth in FY25 is expected to be driven by higher Electric Vehicle (EV) sales supported by the Electric Mobility Promotion Scheme 2024, the expectation of interest rate cuts in the second half of FY25, and strong demand for new model launches.
People of the area have expressed dissatisfaction with the budget for Pakistan-Occupied Gilgit Baltistan (PoGB) that has neglected local demands in the allocations, Skardu TV, a local news source from PoGB, reported.
Students and members of the Baloch Students Organisation (BSO) lamented the Pakistani administration for a major budgetary cut in literary organisations of Balochistan, involved in promoting the Balochi language and literature.