27 results for "Economy"
G7 Oil Release: Global Powers Tap Emergency Reserves to Slash Sky-High Fuel and Diesel Prices
The G7 nations have agreed to release 100 million barrels of emergency oil and diesel reserves over four months to bring down record-high fuel costs driven by ongoing global conflicts.
Argentina Threatens UK With Major Legal Fight Over Falklands Oil
Argentine President Javier Milei has warned of international legal action against the UK over an upcoming offshore oil project near the disputed Falkland Islands.
UAE Signals Another $25 Billion Investment in India, Sets $200 Billion Trade Target by 2032
Union Minister Piyush Goyal announced that the UAE plans to inject an additional $25 billion into India, aiming to double bilateral trade to $200 billion following successful economic partnership milestones
US-Iran Standoff: U.S. Threatens Global Grounding of Iranian Airlines While Tehran Holds Firm on Strait of Hormuz
Washington is threatening secondary sanctions to ground all Iranian airlines globally, while Tehran maintains strategic leverage through the contested Strait of Hormuz corridor.
UPI Merchant Payment Fee Debate: Government Sets 0.4% MDR on Transactions Above ₹2,000
The National Payments Corporation of India announced a new Merchant Discount Rate framework, imposing a 0.4% fee on person-to-merchant UPI payments above ₹2,000 starting October 15, 2026.
EPFO Wage Ceiling Hike: Government Raises Mandatory Salary Limit to ₹25,000 from ₹15,000
The Union Cabinet has approved a major hike in the EPFO wage ceiling, raising the mandatory coverage limit from ₹15,000 to ₹25,000 per month to expand social security benefits.
Donald Trump Claims US-Iran War Will End Immediately After November Midterm Elections
US President Donald Trump predicted that the military conflict with Iran will conclude right after the November midterm elections, asserting that Tehran cannot sustain the pressure any longer.
Global Oil Prices Surge Past $100 a Barrel Amid Escalating US-Iran Conflict and Tanker Strikes
International oil prices climbed above $100 a barrel for the first time since July as military conflicts and direct U.S. strikes on Iranian tankers heightened fears of major supply shortages.
India Records Strong 7.8% GDP Growth in First Quarter, Beating Market Estimates
India's economy grew by 7.8% in the April-June quarter of the 2026-27 financial year, defying global economic pressures and surpassing earlier market forecasts.
US National Debt Surpasses $40 Trillion for the First Time in History
The United States gross national debt has officially crossed the $40 trillion threshold for the first time, driven by persistent budget deficits, rising interest costs, and decades of heavy government borrowing.
India and Singapore Hold High-Level Bilateral Talks to Expand Technology and Trade Cooperation
India and Singapore convened the fourth Ministerial Roundtable in Singapore, focusing on strengthening strategic cooperation in semiconductors, telecommunications, digital infrastructure, and advanced manufacturing.
Statewide Karnataka Bandh Called Over Cauvery Water Dispute: What Stays Open and Closed
Pro-Kannada organizations have called a statewide Karnataka bandh to protest against the Cauvery water sharing directives, causing transport delays and partial business closures across Bengaluru and border regions.