China says its voting power at the Fund doesn’t mirror the economic clout it has built over the past two decades. But the US, the IMF’s biggest shareholder, isn’t ready to change the status quo,...
Rice prices have soared to the highest in a decade as India curtails exports and erratic weather wreaks havoc on Asian rice fields. It is likely to worsen food insecurity in many countries that rely...
India released its Gross Domestic Product (GDP) data for Q4FY2023 on May 31, 2023; 6.1% real GDP growth in Q4:2022-2023 is a magnificent performance. Even with an array of downside global risk and uncertainties in...
As sanctions cut off major Russian banks from much of the West’s payment systems, finding ways to pay for the crude India imports from Russia has become a challenge. India has emerged as a major buyer...
The concept of the “Global South” has been all the rage in recent months, along with that of the “de-Westernization of the world”. Is it the same phenomenon and what realities do these two expressions...
At the end of April, India officially became the world’s most populous nation. With a fast-growing economy and a young population, will there be an economic bonus to add to the potent symbolic one? According...
Hundreds of people waited in line outside the new Apple store in the financial hub Mumbai. The company is planning to boost its production in India — the second-largest smartphone market in the world. Apple...
Seeing the drama he inspired on Tuesday, the Fed chair tried soft-pedaling the idea that he was signaling a 50 bp hike in March. The market did not buy it. And the odds, discounted by...
This financial system is the backbone of any economy because the efficiency with which the financial system works from lending to investing, plays a very important role in the economic development of a nation. Climate...
German industrial giant Siemens is eyeing lucrative business opportunities as the Indian government attempts to modernize the nation’s railway infrastructure. Last month, German engineering giant Siemens received the largest locomotive order in its history from...
Experts are constantly warning that countries such as the United States and the United Kingdom may face a recession amid the global recession. Meanwhile, the Indian rupee continued to depreciate due to the slowdown in...
Technology has developed in leaps and bounds across the globe in different ways. Humans have found no time and joy to communicate with other humans rather they find it interesting to communicate with machines. Probably...