Economy- Page 38

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

Brent crude oil price surges above $110 per barrel amid global energy market crisis

Brent Crude Surges Past $110 Per Barrel for First Time Since 2022

MOSCOW — Global oil markets surged into turmoil late Sunday as the price of Brent crude oil climbed above $110 per barrel for the first time since July 2022, marking one of

April 2, 2026

Economy·News

Oil tankers anchored near the Strait of Hormuz during the 2026 Gulf conflict disrupting global oil exports

Iraqi Oil Production Collapses as Strait of Hormuz Blocked by War

The widening war across the Persian Gulf has triggered one of the most severe disruptions to global energy markets in decades, with Iraqi oil production collapsing after tanker traffic through the strategic

March 9, 2026

Business·Economy·News

EU energy crisis as gas prices surge and threaten European industrial competitiveness

EU Faces Long-Term Competitiveness Crisis as Energy Costs Surge, RDIF chief Dmitriev Warns

MOSCOW — Europe’s economic outlook is increasingly clouded by soaring energy prices, with Russian Direct Investment Fund (RDIF) chief Kirill Dmitriev warning that expensive energy could undermine the European Union’s competitiveness for

March 9, 2026

Economy·News

Venezuelan gold bars destined for US refineries after Minerven-Trafigura export deal

US Extracts $100M Venezuelan Gold After Maduro’s Capture and Control of Resources

WASHINGTON — The United States has received roughly $100 million worth of Venezuelan gold this week, marking a new phase in Washington’s expanding control over the South American nation’s strategic resources following

March 8, 2026

Economy·News

QatarEnergy Ras Laffan LNG terminal after LNG shutdown triggering European gas price surge

EU Faces “Energy Collapse” After Gas Prices Surge and LNG Supplies Disrupted, Russia’s Dmitriev Warns

European gas markets were thrown into fresh turmoil this week as prices surged sharply following a sudden disruption to global liquefied natural gas supplies, intensifying concerns about the continent’s long-term energy security

March 6, 2026

Economy·News

Oil tanker carrying crude at sea as Israel-Iran conflict disrupts global energy markets

US Lets India Buy Russian Oil From Tankers at Sea

WASHINGTON — The United States has granted India a temporary waiver allowing the purchase of Russian crude oil currently stranded on tankers at sea, a move that underscores the mounting strain on

March 7, 2026

Conflicts, Military and War·Economy

Nvidia AI chips powering data center servers as the US considers global export control rules

US Drafts Sweeping Rules to Control Nvidia’s Global AI Chip Sales

The United States government is preparing a sweeping regulatory framework that could give Washington unprecedented authority over the global trade of artificial intelligence hardware, targeting advanced processors produced by companies such as

March 18, 2026

Artificial Intelligence·Economy·News·Technology

Global stock markets plummet as oil prices surge amid Iran conflict escalation

Global Stock Markets Plunge as Iran Conflict Triggers Oil Shock and Geopolitical Panic

Global markets slide as oil soars on US-Israel war and Iran tensions triggered widespread selling across global stock markets after the escalation of conflict involving the US, Israel, and Iran, reverberating from

March 4, 2026

Economy·News

Aerial view of the Leviathan natural gas platform offshore Israel in the Mediterranean

Israel’s Government Orders Chevron to Halt Production at Leviathan Gas Field Amid Middle East Conflict

TEL AVIV, Israel — The Israeli government has directed Chevron to halt operations at the Leviathan offshore gas field, a critical energy asset, citing urgent security concerns amid the ongoing conflict following

March 3, 2026

Business·Economy·News

Brent crude oil price spikes as global markets slide amid Middle East war tensions

Global Markets Slide as Oil Soars on US-Israel War and Iran Tensions

Global financial markets plunged on March 1 and 2, 2026, as the widening Middle East war escalation and regional instability, especially the US-Israel air war against Iran, rattled investors and drove crude

March 3, 2026

Business·Economy·News

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Economy- Page 38

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

Brent Crude Surges Past $110 Per Barrel for First Time Since 2022

Iraqi Oil Production Collapses as Strait of Hormuz Blocked by War

EU Faces Long-Term Competitiveness Crisis as Energy Costs Surge, RDIF chief Dmitriev Warns

US Extracts $100M Venezuelan Gold After Maduro’s Capture and Control of Resources

EU Faces “Energy Collapse” After Gas Prices Surge and LNG Supplies Disrupted, Russia’s Dmitriev Warns

US Lets India Buy Russian Oil From Tankers at Sea

Global Stock Markets Plunge as Iran Conflict Triggers Oil Shock and Geopolitical Panic

Israel’s Government Orders Chevron to Halt Production at Leviathan Gas Field Amid Middle East Conflict

Global Markets Slide as Oil Soars on US-Israel War and Iran Tensions

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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Fidji Simo Steps Down as OpenAI’s No. 2 Executive, Citing Neuroimmune Condition

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