May 26, 2025May 26, 2025 On 24th May, NITI Aayog CEO BVR Subrahmanyam said India had overtaken Japan to become the world’s fourth-largest economy, citing IMF data. He added that India has a $4 trillion economy, behind only the US, China, and Germany. However, IMF…
Indian benchmark indices Sensex and Nifty50 opened higher on Monday, supported by gains in banking and auto stocks, after U.S. President Donald Trump extended the deadline for trade talks with the European Union, easing near-term trade tensions. The BSE Sensex was trading 617 points, or 0.76%, higher at 82,338. The Nifty50 was up 154 points,…
A currency crisis can devastate an economy in weeks. It leads to the rapid devaluation of a nation’s currency, hurting trade, eroding savings, and crippling public trust. Understanding what triggers a currency crisis is essential for traders, investors, and policymakers. From 2020 to 2025, several countries have faced dramatic monetary collapses. Each episode revealed specific…
HONG KONG (AP) — Shares were mixed Friday in Asia after Wall Street drifted higher as reports suggested the Federal Reserve may have more leeway to cut interest rates later this year to support the U.S. economy if it weakens under the weight of President Donald Trump’s high tariffs. Get stock market news alerts: Sign…
SAN JUAN, Puerto Rico (AP) — A global trade war is offering Puerto Rico hope as the U.S. territory, attempts to strengthen its fragile economy. Government officials are jumping on planes to try and convince international companies to relocate their manufacturing plants to the island, where they would be exempt from tariffs. Get analyst upgrade…
India and Chile have signed the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA), ahead of the first round of negotiations set for 26th to 30th May in New Delhi. The ToR was signed by Chile’s Ambassador Juan Angulo and India’s Chief Negotiator Vimal Anand, Joint Secretary in the Department of Commerce….
Global debt levels have reached historic highs, triggering major concerns about currency stability and economic resilience. As governments continue borrowing to finance infrastructure, social spending, and deficits, traders and investors are watching closely. Global debt levels are now deeply intertwined with currency stability risks, affecting forex markets daily. Understanding the impact of national debt on…
May 6, 2025May 6, 2025 Spain’s biggest blackout caused an estimated €400 million ($454 million) loss to the economy, according to CaixaBank. Consumer spending dropped 34% on April 28, the day of the power outage, but partially recovered in the following days, leading to a…
BUENOS AIRES, Argentina (AP) — The International Monetary Fund on Tuesday said it has reached a preliminary, staff-level agreement with cash-strapped Argentina on a $20 billion bailout package, providing a welcome reprieve to libertarian President Javier Milei as he seeks to overturn the country’s old economic order. As a staff-level agreement, the deal still requires…
NEW YORK (AP) — The huge swings rocking Wall Street and the global economy may feel far from normal. But, for investing at least, drops of this size have happened throughout history. Get earnings alerts: Sign Up Stomaching them is the price investors have had to pay in order to get the bigger returns that…