economic
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World
World Wealth Gap Growing as UBS Global Wealth Report 2026 Reveals Rising Inequality
The UBS Global Wealth Report 2026 reveals that global average wealth is increasing while median wealth declines in many countries,…
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World
US Trade Deficit Widens in May as AI Investment Drives Record Capital Goods Imports
The US trade deficit widened in May as AI-driven investment fueled record capital goods imports while exports declined. Read the…
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World
World Bank Upgrades Sri Lanka to Upper-Middle-Income Economy After Recovery
The World Bank has upgraded Sri Lanka to an upper-middle-income economy, highlighting the country’s economic recovery, reforms, and improved financial…
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Business
Indian Rupee Falls 67 Paise to Close at 95.23 Against U.S. Dollar
The Indian rupee declined by 67 paise to close at 95.23 against the U.S. dollar, pressured by rising crude oil…
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Business
Ireland Expects EU-India Free Trade Agreement to Be Finalised by End of 2026
Ireland is optimistic that the EU-India Free Trade Agreement will be signed by year-end, with Irish Ambassador Kevin Kelly highlighting…
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Business
Commerce Ministry to Hold June 30 Stakeholders Meeting on SEZ Reforms and Export Promotion
The Commerce Ministry will hold a stakeholders’ meeting on June 30 to discuss SEZ reforms, export promotion schemes, and policy…
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Business
Alan Greenspan, Former U.S. Federal Reserve Chairman, Passes Away at 100
Alan Greenspan, the influential former chairman of the U.S. Federal Reserve, died at the age of 100 from complications related…
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Business
Core Sector Growth Decelerates to 0.5% in May 2026, Marking Second-Lowest in 21 Months
In May 2026, India’s core sector growth slipped to a modest 0.5%, marking the second-slowest pace in nearly two years.…
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Business
Fuel Price Cut Decisions to Align with Changing Global Conditions: Petroleum Ministry
The Petroleum Ministry has indicated that decisions on fuel price reductions will be made in response to the evolving global…
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World
India adopted cautious policy due to Trump in search of new beginning with Modi
India was quick to engage in trade deal negotiations with the United States following Donald Trump’s return to the White…
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