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World Bank says Middle East war may stall global growth - PRESS Insider | India's global voice
1+ hour, 33+ min ago (1113+ words) The World Bank has cut its 2026 global growth forecast to the weakest level since the COVID-19 pandemic, warning that the Middle East conflict is pushing up energy prices, inflation and borrowing costs across developing economies. The bank's latest Global Economic…...
WEF economists see India holding up as global outlook darkens
1+ week, 6+ day ago (413+ words) India is expected to remain one of the stronger growth markets as the global economic outlook weakens, according to the World Economic Forum's Chief Economists' Outlook for May 2026. The report said the global outlook has turned more pessimistic than in…...
RBI clears transfer of record "2. 87 trillion surplus to government
2+ week, 6+ day ago (583+ words) The Reserve Bank of India approved a record "2. 87 trillion surplus transfer to the central government for fiscal 2026, giving New Delhi a large fiscal cushion even as the central bank increased its risk provisioning. The transfer of "2, 86, 588. 46 crore was approved by…...
PRESS Insider | India's global voice
3+ week, 6+ day ago (237+ words) India's April trade deficit widened to $28. 38 billion as imports surged, with gold imports rising 84% to $5. 63 billion....
India more than doubles gold import duty in bid to stem forex drain
4+ week, 2+ day ago (853+ words) India has more than doubled its import duty on gold and silver, moving swiftly to convert Prime Minister Narendra Modi's public austerity appeal into enforceable trade policy as the country battles a widening current account deficit and a currency under…...
India moves to tighten watch on offshore rupee trades
1+ mon, 2+ week ago (687+ words) The Clearing Corp. of India Ltd (CCIL) is rebuilding its trade reporting infrastructure, a move that will for the first time capture offshore rupee transactions in a standardized, globally comparable format as part of a sweeping regulatory push to rein in…...
RBI holds rates, signals caution amid Middle East war shock
2+ mon, 3+ day ago (1000+ words) The Reserve Bank of India (RBI) kept its benchmark interest rate unchanged on Wednesday, 8 April, pausing after earlier easing moves as the war in the Middle East complicated the inflation outlook and darkened the growth picture for the year ahead....
World Bank readies aid for emerging economies hit by Middle East shock
2+ mon, 2+ week ago (746+ words) The World Bank Group said on Thursday it is preparing financial aid, policy support and private-sector funding for emerging economies as the conflict in the Middle East drives up energy prices, disrupts shipping routes and raises the cost of key…...
India trade deficit narrowed in Feb ahead of Middle East crisis
2+ mon, 3+ week ago (1000+ words) India's merchandise trade deficit narrowed to $27. 1 billion in February from $34. 68 billion in January, offering brief relief ahead of a Middle East crisis that now risks raising the country's import bill and straining trade flows. The improvement was driven mainly by…...
Retail inflation edges up in February'as food prices firm up
2+ mon, 4+ week ago (729+ words) India's retail inflation rose to 3. 21% in February from 2. 74% in January, the second reading under the new Consumer Price Index (CPI) series with base year 2024=100, as food prices firmed up and a surge in precious metals inflated parts of the basket....