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India’s reserves have fallen 5.2% to $691 billion. (AI image) Philippines and India are the Asian countries that have seen the highest percentage losses to their foreign exchange reserves as a result of the ongoing US-Iran conflict that has sent global crude oil prices to above $100 per barrel levels. Foreign-exchange reserves across Asia are…
India’s growth trajectory is expected to remain steady despite the ongoing Middle East crisis, that has sent ripples across the globe. In its latest report, SBI Research said that the country is navigating oil shocks and the Iran war from a “situation of strength”, projecting GDP growth at 6.8% to 7.1% in FY27.The report noted…
New Delhi: S&P Global has reaffirmed confidence in India’s growth outlook, saying the country continues to be one of the best-performing major economies globally despite ongoing geopolitical uncertainties.Saugata Saha, president of S&P Global Market Intelligence, said India remains a critical hub for the company, supported by a strong talent base, prompting further expansion of its…
The global economy is once again facing a surge in oil prices triggered by conflict in the Middle East, reviving memories of the 1970s energy crises that led to widespread economic disruption and stagflation.However, economists say the United States and other major economies are far better positioned today to absorb such shocks, reflecting structural changes…
Finance Minister Nirmala Sitharaman on Monday said India stands out in debt management among major economies, with an overall debt-to-GDP ratio of about 81%, even as the global economy faces rising volatility and uncertainty, PTI reported.Speaking at an event organised by the National Institute of Public Finance and Policy (NIPFP), Sitharaman warned that the ongoing…
The Middle East conflict has entered its fourth week and the ripple effects are beginning to show up across major economies. Concerns are growing that any further escalation could disrupt energy flows and add pressure to an already fragile global outlook. The strain is not falling evenly on every country.Some nations are far more exposed…
In 2026, the global economic narrative has shifted from the initial excitement of AI to a more calculated and sometimes cautious phase. Citrini Research highlights a move away from the basic hardware race toward “Phase 2” of the AI trade, where the focus lies on operational efficiency and the displacement of high-cost human labor. While…
UAE and Scotland Sign Investment MoU: What Does This Mean for Global Business? In a significant development for global investment flows, the United Arab Emirates (UAE) and Scotland have signed a pivotal Memorandum of Understanding (MoU) to deepen bilateral investment cooperation, broaden economic ties and unlock new opportunities for businesses in both nations. The agreement,…
While gold carries immense emotional and cultural significance, in its idle form it contributes little to economic activity. (AI image) By Shaji VargheseIndia stands at a pivotal juncture where inclusive growth must extend beyond metros to Tier-2, Tier-3, and rural economies. One powerful yet underutilised lever in this journey is household gold. In recent years,…
Investing in women’s employment is the most efficient way to build a resilient, inclusive and future-proof economy, Ebru Ozdemir, chairperson of the Board of Limak Holding and chair of the World Economic Forum (WEF) Engineering and Construction Industry Group, has said.In an article written ahead of the annual Davos summit, Ozdemir stressed that reskilling and…
