IMF says oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth Global lender cut India's GDP growth forecast for 2026/27 by 10 basis points to 6.4% this month, while raising its 2027/28 forecast by 20 basis points to 6.7% 2 min read
Markets price in two ECB rate hikes by early 2027 on inflation concerns Analysts flagged that the tight correlation between oil prices and the euro front-end, a dynamic that dominated market moves throughout March, April and May, has resurfaced in recent trading 2 min read
China's record consumer defaults undermine Beijing's push to boost spending The total stock of households' non-performing loans (NPLs) swelled by more than a fifth last year to an unprecedented 2.22 trillion yuan ($324.50 billion) 3 min read
India-UK trade pact takes effect, promising tariff cuts and services boost India exported $13.44 billion of goods to Britain and imported $11.68 billion in 2025-26, while bilateral services trade totalled $35.44 billion in 2024 2 min read
China's Q2 economic growth cools to 3-1/2-year low as imbalances worsen At 4.3%, gross domestic product growth in April-June eased from the first quarter's 5.0%, landing below the lower end of China's 4.5% to 5.0% full-year target 4 min read
India tops global online interest in Dubai property, says new report New data by fäm Properties shows India accounted for more than one in five international online property searches over the past three months, ahead of the UK and Egypt 2 min read
GCC inflation remains stable at 1.8% in 2025, data shows At 1.8 per cent, GCC inflation remained below the global average of 4.2 percent, emerging market and developing economies at 5.3 per cent 2 min read
An emboldened India holds out for better terms in US trade talks Washington had hoped for quick trade concessions from a strategic partner as President Donald Trump prepares new tariffs likely to come into effect later this month 4 min read
Overseas Pakistanis send record $41.6 billion remittances; Saudi, UAE lead Overseas Pakistanis have become the single largest pillar of external financial support for Pakistan's economy, contributing billions of dollars in terms of remittances 2 min read
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