Economy

Asian currencies drop on Yellen comments

Capital Outflows from Asia Will Accelerate; Fears of Another Financial Crisis Legitimate?

The strong dollar environment has raised questions about how Asia will be impacted and whether this will precipitate another financial...

India's 70th Independence Day

India Climbs to 40th Rank in Global Innovation Index; Was at 81st Spot in 2015

'We were 46 last time the ranking was done. We have also maintained first rank in ICT services exports over the years'.

US Banknotes

The Rise of US Dollar is Bad for Global Economy; Here's Why a Decline is Inevitable

The Dollar index, which shows how the greenback sits in comparison with the euro, yen and other major currencies, has...

jerome-powell-explains-fed-rate-hike

After Another Steep Rate Hike, Fed Chair Powell Trusts US Economy to be Resilient and Post Modest Growth

The 0.75 percent rate hike, third in a row, brings the federal funds rate to a new range of 3.0 percent to 3.25 percent.

Nouriel Roubini

Incoming Recession Isn't Plain Vanilla; US Stocks Could Tank as Much as 40%, Says Nouriel Roubini

Roubini, the chairman and chief executive officer of Roubini Macro Associates, is known as Dr. Doom as he had correctly...

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Global Economy on the Edge of Recession, Slowdown Comparable to the 1970s: World Bank

The world's three largest economies, the US, China and the euro area, have been slowing sharply, the Bank noted.

European Central Bank

ECB Unveils Record Hike in Interest Rates; Signalling Substantial Euro Region Slowdown in Next 2 Years

ECB said it would raise rates further over the next several sessions "to dampen demand and guard against the risk of a...

Major russian gas pipelines to Europe

Sanctions Fail as Russia Energy Exports Boom in Six Months of War: 7 Points

Russia's earnings from energy exports will touch $337 billion in 2022, which is a 38 percent rise from 2021.

India's 70th Independence Day

India Overtakes UK to Emerge as World's Sixth Largest Economy

The Asian powerhouse is now behind just the US, China, Japan and Germany in terms of financial strength.

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NYSE Threatens To Leave New York Over Taxes

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Economy

Emerging Markets: India Posts Robust GDP Growth of 13.5% In First Quarter

By IBTimes APAC Desk

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