The United States has proposed a new 12.5% trade tariff on imports from 54 countries, including India, China, the United Kingdom, and Japan. The recommendation was announced by the Office […]
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U.S. President Donald Trump has clearly stated that America will not remove any economic sanctions on Iran, even if Iran agrees to hand over its stockpile of enriched uranium. His […]
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The United Nations Department of Economic and Social Affairs has said that the crisis in West Asia has created another major shock for the global economy. Senior economist Ingo Pitterle […]
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The global price of Brent crude oil rose sharply to 111 dollars per barrel due to a shortage in crude oil supply, creating concern among many countries around the world. […]
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The Indian rupee fell to a historic low on Tuesday, crossing the ₹95 mark against the US dollar for the first time ever. The continuous decline in the value of […]
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Two Indian ships, Jag Vasant and Pine Gas, have successfully crossed the Strait of Hormuz and are now on their way to India. Both vessels are carrying a total of […]
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US President Donald Trump has announced a temporary pause in military actions against Iran, leading to a sharp drop of about 13–15% in global crude oil prices. The decision has […]
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Indian Prime Minister Narendra Modi spoke with Iran’s President Masoud Pezeshkian over the phone and extended his greetings for Ramadan, Eid, and Nowruz. In a post on social media, Modi […]
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The ongoing tensions and conflict involving Iran, Israel, and the United States have had a major impact on global financial markets, especially in the U.S. stock market. In just one […]
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Economist Krishnamurthy V. Subramanian has received the University of Chicago’s Alumni Award for Professional Achievement, becoming the first Indian economist to get this honor in the award’s 85-year history. Subramanian […]
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