Economy- Page 39

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 tanker transits the Strait of Hormuz as oil prices surge following US and Israeli strikes on Iran

Oil Prices Explode After US-Israel Strikes on Iran, $100 Barrel Now Almost Certain

Global oil markets surged into crisis mode after coordinated strikes by the United States and Israel against Iran over the weekend, triggering a sharp rally in crude prices and reigniting fears of

March 3, 2026

Business·Economy·News

US Capitol and cargo containers symbolizing 2025 US economic slowdown amid tariffs and shutdown

US Economic Strategy Falters in 2025: Tariffs, Shutdowns, and Structural Drag Cloud Future Growth

The United States entered 2026 confronting an uncomfortable reality: the world’s largest economy is no longer expanding with the confidence its policymakers promised. Official figures show that gross domestic product grew just

February 21, 2026

Economy·News

Zurich and New York City skylines illustrating global cost of living differences in 2026

Cost of Living Index by City 2026: Zurich Still World’s Most Expensive Urban Center, Americans Feel the Squeeze

The 2026 Cost of Living Index by City is no longer a lifestyle curiosity or an expatriate planning tool. It has matured into a hard economic signal, one that policymakers, institutional investors,

January 27, 2026

Economy·News

US stock market rebounds as Wall Street rallies on AI chip optimism

US Stock Market Today: Dow, S&P 500, Nasdaq Rebound as AI Stocks Rally

NEW YORK — Wall Street staged a measured but decisive rebound on Thursday, shaking off two consecutive sessions of losses as investors recalibrated expectations around interest rates, corporate earnings, and the accelerating

January 16, 2026

Business·Economy·News

Chinese electric vehicles at European port following EU-China EV trade deal

China and EU Strike Landmark EV Trade Deal, Shifting From Tariffs to Minimum Price Framework

In a development set to reshape global automotive markets, China and the European Union have reached a landmark agreement on electric vehicle (EV) pricing, replacing previously threatened punitive tariffs with a minimum

January 12, 2026

Business·Economy·News

Jerome Powell at the Federal Reserve under criminal investigation

Fed Chair Powell Under Criminal Investigation: Markets Reel as Treasury Yields Surge

WASHINGTON — Federal Reserve Chair Jerome H. Powell is facing an unprecedented criminal investigation by federal prosecutors in Washington, D.C., thrusting the central bank into a political maelstrom and rattling global financial

January 12, 2026

Business·Economy·News

Donald Trump and the impact of Fannie Mae and Freddie Mac on the US mortgage bond market

Trump’s Plans for Fannie Mae and Freddie Mac Raise Fresh Uncertainty for Mortgage Bonds

The renewed debate over the future of Fannie Mae and Freddie Mac has once again injected political risk into the heart of the US housing finance system, unsettling mortgage bonds investors and

January 9, 2026

Business·Economy·News

Venezuelan oil fields with pumpjacks and storage tanks at sunset

US Demands Venezuela Renounce Ties With Russia, China, Iran, Cuba to Unlock Oil Production

The United States has told Venezuela that it must sever cooperation with Russia, China, Iran, and Cuba before it can expand oil production, according to a report by ABC7 News citing sources

January 7, 2026

Conflicts, Military and War·Economy·News

Trump administration plans to exploit Venezuelan oil reserves, US crude market reacts

Trump Moves to Exploit Venezuelan Oil, US Crude Could Drop to Low $50s, Analyst

WASHINGTON — The Trump administration’s aggressive move to tap Venezuela’s vast oil reserves has sent shockwaves through global energy markets, with US crude potentially tumbling into the low $50 per barrel range,

January 4, 2026

Conflicts, Military and War·Economy·News

US military presence at Venezuelan oil fields as global supply concerns rise

New ‘Wall of Non-OPEC Oil’ Emerges as US Takes Control of Venezuela’s Crude

WASHINGTON — The global oil market is bracing for what could be the most significant non-OPEC supply surge in recent history, as the United States moves to seize control of Venezuela’s oil

January 4, 2026

Business·Economy·News

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Economy- Page 39

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

Oil Prices Explode After US-Israel Strikes on Iran, $100 Barrel Now Almost Certain

US Economic Strategy Falters in 2025: Tariffs, Shutdowns, and Structural Drag Cloud Future Growth

Cost of Living Index by City 2026: Zurich Still World’s Most Expensive Urban Center, Americans Feel the Squeeze

US Stock Market Today: Dow, S&P 500, Nasdaq Rebound as AI Stocks Rally

China and EU Strike Landmark EV Trade Deal, Shifting From Tariffs to Minimum Price Framework

Fed Chair Powell Under Criminal Investigation: Markets Reel as Treasury Yields Surge

Trump’s Plans for Fannie Mae and Freddie Mac Raise Fresh Uncertainty for Mortgage Bonds

US Demands Venezuela Renounce Ties With Russia, China, Iran, Cuba to Unlock Oil Production

Trump Moves to Exploit Venezuelan Oil, US Crude Could Drop to Low $50s, Analyst

New ‘Wall of Non-OPEC Oil’ Emerges as US Takes Control of Venezuela’s Crude

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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