News
Why Dubai’s Massive Gold Discount Is a Nightmare for the Indian Economy | Dubai Gold Discount | Dubai bullion market | Indian Economy
3+ day, 23+ hour ago (455+ words) In a typical market, Dubai's gold is 57% cheaper compared to India's, due to lower taxes. But this gap has widened to an unprecedented level as of March 9, 2026, with Dubai traders selling gold at a $30 per ounce discount below the London…...
India Wholesale Inflation January 2026: WPI Rises to 1.81% | Key Factors
3+ week, 4+ day ago (232+ words) India saw wholesale price-based inflation notably accelerate in January 2026 to a nine-month high of 1.81%. This rise, compared to 0.83% in December 2025, suggests that cost pressures were shifting in some critical industrial and agricultural segments. In addition, on the release of data…...
Pak PM Shehbaz Sharif Admits 'Begging' for Loans; Expresses Shame
1+ mon, 1+ week ago (385+ words) As a rare and brutally frank confession, Pakistan Prime Minister Shehbaz Sharif said today that he feels extremely "ashamed" to be obliged to travel the world to "beg" for financial assistance. Confronting a gathering of leading exporters and business leaders…...
US Fed Holds Interest Rates Steady at 3.5-3.75% as Labor Market Cools and Inflation Lingers
1+ mon, 2+ week ago (394+ words) The Federal Open Market Committee (FOMC) ended its two-day meeting Wednesday by voting to leave the federal funds rate unchanged at 3.5% to 3.75%. The move is a strategic pause, part of a series of three consecutive quarter-point cuts in late 2025, as…...
India Q2 FY26 GDP Forecast at 7.5%, Higher Than Last Year: Union Bank Report
3+ mon, 2+ week ago (237+ words) The report highlights several factors that contributed to the resilience and growth momentum, even with external pressures: While the headline GDP growth is strong, the report provides a nuanced view of other key indicators: Union Bank projects an overall FY26 GDP…...
PM Modi on India's GDP Growth: 7.4% Projection for FY26 | Reform Express
2+ mon, 5+ day ago (675+ words) Prime Minister Narendra Modi has hailed the "Reform Express" - driven by the National Democratic Alliance (NDA) government as a powerful validation of India's growth path. It comes after the First Advance Estimates by the National Statistics Office (NSO) which project…...
India's GDP Surges to 8.2% in Q2 FY26, a 6-Quarter High Driven by Manufacturing Boom
3+ mon, 2+ week ago (304+ words) In a major boost to global confidence in the Indian economy, the National Statistics Office (NSO) on Friday, November 28, 2025, released data showing that India's Real Gross Domestic Product (GDP) grew at a robust 8.2% year-on-year in the second quarter (July'September) of…...
India Rising: IMF Hikes FY26 Growth Forecast to 7.3%; Nation Retains
1+ mon, 3+ week ago (285+ words) The IMF's decision to increase the growth forecast is driven by a number of "hot" economic indicators that topped forecasts in the latter half of 2025: Inflation is expected to be coming under strain closer to the RBI's target band of…...