global economy

IMF Warns Middle East Conflict Could Trigger Global Inflation and Slow Growth Energy Shock and Economic Uncertainty Intensify Amid Ongoing Conflict New Delhi, March 31: The International Monetary Fund (IMF) has cautioned that the ongoing conflict involving the United States, Israel, and Iran...

New Delhi, March 26 – The Organisation for Economic Cooperation and Development (OECD) on Thursday projected India's GDP growth rate at 7.6 per cent for 2025-26, 6.1 per cent for 2026-27, and 6.4 per cent for 2027-28, with the country remaining the world's fastest-growing major economy.The...

Brent Crude and WTI Prices Rise Mumbai, March 26 – Global oil prices jumped to above $100 per barrel on Thursday following a statement from Iran indicating it was not in direct negotiations with the United States to end the conflict in the Middle East.Brent crude futures rose by 1.21 percent...

Mumbai, March 24 The rupee fell by 23 paise to close at 93.76 against the US dollar on Tuesday as a stronger dollar against major currencies and high global crude prices spooked investors.Further outflows of foreign funds amid uncertainty over the West Asia crisis also weighed on the local...

IEA Warns of Major Economic Fallout from Middle East Energy Disruptions Iran War Damages Over 40 Energy Assets Across Nine Countries Canberra, March 23 – The International Energy Agency (IEA) Executive Director Fatih Birol has warned that the Iran war is causing severe and widespread damage to...

IEA Chief Warns of Global Economic Threat Amid Middle East Energy Turmoil Escalating Tensions Trigger Largest Oil Supply Disruption New Delhi, March 23 – The International Energy Agency (IEA) chief, Fatih Birol, has issued a stark warning that the global economy faces a significant threat due to...

Global Oil Disruption: Jet Fuel and Diesel Prices Surge Faster Than Crude Amid Middle East Conflict Refined Products Face Greater Impact Than Crude Oil New Delhi, March 17: The ongoing conflict involving Iran across the Middle East is reshaping global energy markets, with refined petroleum...

India’s Economy Remains Resilient Despite Middle East Conflict, Says Piyush Goyal Strong Economic Fundamentals Help India Navigate Global Uncertainty New Delhi, March 14: Union Commerce and Industry Minister Piyush Goyal said on Saturday that India’s economy remains resilient despite the ongoing...

Aluminum Hits Nearly Four Year High as Middle East Conflict Disrupts Supply Aluminum prices climbed to their highest level in almost four years on Monday as escalating hostilities in the Middle East intensified concerns over supply disruptions from the region. While aluminum advanced sharply...

Jaishankar Highlights Strategic Trade Deals and Economic Security Focus Mumbai, February 17: India is stepping up its global economic engagement from a position of confidence and capability, External Affairs Minister S Jaishankar said on Tuesday, asserting that the country’s reform trajectory...

India Steps Up Global Economic Engagement Mumbai, February 16: India is intensifying its engagement with international partners from what it describes as a position of strength, External Affairs Minister S Jaishankar said on Tuesday, pointing to recent trade agreements including developments...

Mumbai, February 15 – After a sharp decline in benchmark indices, investors will closely monitor global and domestic cues next week, including the minutes of the US Federal Reserve meeting, signals from the Reserve Bank of India (RBI), trends in the IT sector, prices of bullion, and activity by...