Economy- Page 37

Asian Development Bank headquarters building in Mandaluyong Philippines

ADB Cuts India’s FY27 Growth Forecast to 6.6% as Middle East Energy Shock Bites

The Asian Development Bank trimmed India's fiscal 2027 growth forecast to 6.6% from 6.9%, pinning the 30-basis-point cut on elevated energy prices from the Iran-US Middle East conflict. The IMF has made

July 10, 2026

by Economy Desk

2022 Land Rover Range Rover SE P440e hybrid SUV front view

India Clears UK Vehicle Tariff Channel Under FTA, JLR Stands to Gain Most

India's trade regulator published UK vehicle import qualification rules July 10, effective July 15, opening a reduced-tariff channel primarily benefiting JLR's Range Rover and Defender. Rules of origin for Rolls-Royce and McLaren remain unresolved under the FTA.

July 10, 2026

by Economy Desk

National Stock Exchange of India building in Mumbai

India’s NSE Pitches $3.6 Billion IPO to 30 Global Investors Ahead of September Listing

India's National Stock Exchange plans to pitch its long-awaited IPO to 30 global institutional investors starting

Canadian Prime Minister Mark Carney at a public event, who visited Saudi Arabia in July 2026 for the first Canadian PM trip to the kingdom in 26 years

Canada Signs Mining and AI Pacts in Saudi Arabia, Carney’s First PM Visit in 26 Years

Canadian PM Mark Carney signed mining, energy and AI pacts with Saudi Arabia in Jeddah on

Oil tankers disrupted in Strait of Hormuz amid Iran crisis causing global energy shock

Global Recession Fears Surge as Iran Crisis Could Push Oil to $150, BlackRock Chief Warns

WASHINGTON — A stark warning from one of the world’s most influential financial leaders has sent fresh shockwaves through global markets, as fears mount that the escalating Iran crisis could tip the

March 26, 2026

Business·Economy·News

Venezuela inflation crisis as dollar shortage forces businesses to raise prices

Venezuela’s Dollar Collapse Forces Businesses Into Crypto as Prices Spiral Out of Control

Venezuela’s worsening shortage of US dollars is pushing its fragile economic recovery to the brink, forcing small and medium-sized businesses to raise prices, slash production, and increasingly rely on cryptocurrencies to survive

March 24, 2026

Business·Economy·News

Li Qiang speaks at China Development Forum 2026 as China challenges US and EU economic pressure

China Signals Economic Shift as Li Qiang Promises Equal Treatment for Foreign Firms Amid Global Trade Tensions

BEIJING — In a carefully calibrated message to global capital, China’s Premier Li Qiang has pledged to grant foreign companies the same treatment as domestic firms, signaling what may be one of

March 24, 2026

Business·Economy·News

Brent crude oil price surges above $110 amid global energy crisis and Middle East tensions

Brent Crude Breaks $110 Barrier as War-Fueled Supply Shock Rattles Global Markets

Global oil markets were thrust into renewed turmoil on Tuesday as Brent crude surged past the psychologically critical $110-per-barrel threshold, marking one of the sharpest single-day gains in recent years and signaling

March 19, 2026

Economy·News

Europe gas storage crisis as TTF prices surge making summer injection unprofitable

Europe Gas Prices Surge, Making Summer Storage Injection Unprofitable, Gazprom Warns

MOSCOW — Europe is confronting a new and potentially dangerous phase of its energy crisis, as surging natural gas prices have upended the economic logic of refilling storage reserves ahead of winter,

March 18, 2026

Economy·News

Oil tanker burning in Strait of Hormuz amid Iran war disrupting global oil supply

Oil Surges Past $100 as Iran War Shakes Global Markets and Sends Stock Futures Swinging

Global energy markets were thrust into turmoil this week as the escalating war involving Iran sent crude oil prices surging above $100 per barrel and triggered sharp swings across global stock markets.

March 17, 2026

Business·Economy·News

India increases Russian crude oil imports as energy ties with Moscow deepen

India Boosts Russian Oil Imports as Energy Ties With Moscow Deepen

India has increased its purchases of Russian crude oil, reinforcing a strategic energy partnership with Moscow as global supply chains face disruption and volatility in energy markets. Speaking in New Delhi on

March 16, 2026

Economy·News

Ukraine prepares $80 million IMF repayment as Western debt pressure grows

Ukraine Set to Pay IMF Over $80M as Debt Pressure Mounts

Ukraine is scheduled to transfer more than $80 million to the International Monetary Fund (IMF) on March 16 as part of its debt servicing obligations, underscoring the mounting financial pressure facing Kyiv

March 16, 2026

Economy·News

Canadian Prime Minister Mark Carney speaks in Norway about maintaining sanctions on Russian oil

Canada Stands by Russia Sanctions Despite US Waiver on Russian Oil at Sea

Canada will continue enforcing sanctions against Russia even after the United States issued a temporary waiver allowing the sale and delivery of Russian crude already loaded on tankers at sea, Prime Minister

March 13, 2026

Economy·News

Russian President Vladimir Putin speaks during a meeting on the global energy crisis at the Kremlin in Moscow

US Energy Dependence Exposes Thailand as First Nation Facing Energy Security Threat

BANGKOK — Thailand has introduced sweeping energy-saving measures across government institutions as rising global oil prices and geopolitical instability threaten the country’s energy security, prompting authorities to curb fuel consumption and reduce

March 12, 2026

Conflicts, Military and War·Economy·News

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Economy- Page 37

ADB Cuts India’s FY27 Growth Forecast to 6.6% as Middle East Energy Shock Bites

India Clears UK Vehicle Tariff Channel Under FTA, JLR Stands to Gain Most

India’s NSE Pitches $3.6 Billion IPO to 30 Global Investors Ahead of September Listing

Canada Signs Mining and AI Pacts in Saudi Arabia, Carney’s First PM Visit in 26 Years

Global Recession Fears Surge as Iran Crisis Could Push Oil to $150, BlackRock Chief Warns

Venezuela’s Dollar Collapse Forces Businesses Into Crypto as Prices Spiral Out of Control

China Signals Economic Shift as Li Qiang Promises Equal Treatment for Foreign Firms Amid Global Trade Tensions

Brent Crude Breaks $110 Barrier as War-Fueled Supply Shock Rattles Global Markets

Europe Gas Prices Surge, Making Summer Storage Injection Unprofitable, Gazprom Warns

Oil Surges Past $100 as Iran War Shakes Global Markets and Sends Stock Futures Swinging

India Boosts Russian Oil Imports as Energy Ties With Moscow Deepen

Ukraine Set to Pay IMF Over $80M as Debt Pressure Mounts

Canada Stands by Russia Sanctions Despite US Waiver on Russian Oil at Sea

US Energy Dependence Exposes Thailand as First Nation Facing Energy Security Threat

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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