As the United States moves deeper into the election campaign, former President Donald Trump has continued to highlight his administration’s achievements while defending his current policies and criticizing his political opponents. During a recent speech, Trump made several major claims about immigration, inflation, employment, trade, and the overall state of the American economy. Many of...
China’s economy expanded by 4.3% in the latest quarter, reflecting resilience in manufacturing and exports despite increasing pressure from domestic economic weaknesses. While the headline growth figure appears encouraging, it has also highlighted a series of structural problems that continue to concern policymakers in Beijing. The country’s economy remains under pressure from sluggish consumer demand,...
Global financial markets experienced heightened volatility as renewed military tensions involving the United States and Iran pushed crude oil prices higher while weighing heavily on technology stocks. Investors reacted cautiously to the latest developments in the Middle East, fearing potential disruptions to global energy supplies and a prolonged period of geopolitical instability. The renewed conflict...
Sri Lanka has officially regained its position as an upper middle-income economy following an updated global income classification, marking a significant milestone in the island nation’s ongoing economic recovery. The revised status reflects an improvement in the country’s gross national income (GNI) per capita after years of severe financial distress, signaling renewed optimism for policymakers,...
India’s private fuel retail sector witnessed a notable price revision as Nayara Energy, one of the country’s largest private fuel retailers, announced a reduction in retail petrol and diesel prices. The move comes amid shifting global crude oil dynamics and easing concerns over supply disruptions linked to geopolitical developments in West Asia. According to the...
The Indian rupee opened on a weaker note and declined in early trade, slipping by 7 paise to touch 94.58 against the US dollar. The domestic currency reflected subdued sentiment in the foreign exchange market as traders reacted to a mix of global and domestic economic cues. According to market trends observed during early session...
The Congress party launched a sharp attack on the Bharatiya Janata Party (BJP), accusing the ruling party of concentrating its efforts on attracting leaders from rival political organisations while ordinary Indians continue to grapple with inflation, unemployment, and the increasing cost of essential goods. The criticism came amid ongoing political developments in several states, where...
As discussions surrounding a possible peace agreement involving Iran gain international attention, Indian consumers are closely watching whether such a development could eventually lead to lower petrol and diesel prices at home. India, one of the world’s largest importers of crude oil, remains highly sensitive to changes in global energy markets. Any major geopolitical event...
The Reserve Bank of India (RBI) has decided to keep the benchmark repo rate unchanged at 5.25% following the latest meeting of its Monetary Policy Committee (MPC), signaling a cautious approach as policymakers navigate a complex economic environment marked by inflationary pressures, global uncertainties, and currency volatility. The decision, announced after the MPC’s policy review,...
Compressed Natural Gas (CNG) prices have been raised by ₹2 per kilogram across several major Indian cities, marking the fourth increase in less than 15 days. The latest revision has added to concerns among daily commuters, transport operators, and businesses dependent on gas-powered vehicles as fuel expenses continue to climb steadily. The fresh hike comes...