Continued monetary policy tightening necessary: RBI MPC's Bhide

Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of...

ADB trims economic growth forecasts for developing Asia

The developing Asia's economy will grow 4.2 per cent this year and 4.6 per cent next year, according to Asian...

Pakistan: Law enforcement agencies tighten noose on blasphemers

Law enforcement agencies in Pakistan are tightening the noose on blasphemers on social media and arresting people...

35 basis points repo rate hike looks imminent: SBI Research

The SBI Research, in the report, said it believes 6.25 per cent could be the terminal rate in this monetary policy...

Iraq rebuffing Chinese investment proposals

Iraq has begun rebuffing Chinese investment proposals to move away from Chinese dependence.

'GDP in Q2 in line with most market participants' expectations'

India's growth estimates, which were to the north of 8 per cent or even 9 per cent at the beginning of the year,...

Global growth outlook "gloomier", says IMF ahead of G20 summit

In a report titled 'G20 report on Strong, Sustainable, Balanced, and Inclusive Growth', IMF said continued fiscal...

Global economy on the verge of a downturn: Moody's

Moody's Investors Service said in a report said global growth would slow in 2023 and remain sluggish in 2024. Still,...

RBI could continue to intervene in forex markets: MOFSL

In this context, Gaurang Somaiya, forex and bullion analyst, MOFSL, said, "The central bank has accumulated these...

African countries face heat as China slows down lending

Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a...

Indian markets gain; Sensex up 113 pts; Nifty up 64 pts

The volatility in the stock market on Friday was seen after the US Federal Reserve announced hike in the policy...

Pound strengthens versus dollar on news of Sunak becoming PM

The dollar retreated on Monday after the October S&P Global Composite PMI release showed US business activity...