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An escalating cold war between US and China would be a blow to global growth, IMF official says
The IMF predicts that the global economy could incur costs equivalent to as much as 7% of the world…
Yuheng Zhan
The US dollar has become so weaponized that central banks are snapping up politically-neutral gold
Gold is seen as a politically neutral, safe asset, insulated from sanctions. China has doubled down…
Huileng Tan
China and the US risk entering a 'new cold war' as trade and investment ties strain, IMF official says
The world's two biggest economies could diverge further in the coming years, but it would be in the…
Phil Rosen
Rupee falls 15 paise to 81.45 against US dollar
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currenci…
PTI
US inflation hasn't 'turned the corner yet' so the Fed should stick with interest-rate hikes, a top IMF official says
Gita Gopinath, a top IMF official, told the FT the Fed should pursue its interest rate hikes until …
Zahra Tayeb
Dollarization is the only way out for Argentina from its deepening debt trap, top economist Steve Hanke says
The top economist's comments as the South American nation struggles with a collapsing currency, tri…
Zahra Tayeb
China locks down major iPhone making city as Covid cases jump to a record high, sparking concerns that lockdowns could stretch beyond 2023
Zhengzhou — home to the world's largest Apple iPhone factory — will be largely locked down from Fri…
Huileng Tan
Stone processing firm Global Surfaces to open its ₹154 crore IPO on March 13
Natural stone processor Global Surfaces is all set to open its IPO on March 13 and will close on Ma…
The US closed out 2022 with another big drop in inflation
The consume-price index was up 6.5% in December from the same time a year ago, well below November'…
Madison Hoff
Sanctions on Russia could eat away at the dollar's global dominance and boost the use of crypto, IMF says
As countries turn to other currencies in international trade, "fragmentation at a smaller level is …
Adam Morgan McCarthy
Longer trading hours, better norms for IPOs among Assocham’s recommendations for equity markets
Retail investor participation in India’s equity markets has increased substantially in the post-pan…
India’s gross savings and investments edge higher in FY22 despite inflation, says SBI Research report
India’s gross savings and investments are edging higher despite elevated inflation eating into the …
The dollar's dominance is shrinking — and it's the krona and the won that are replacing it in reserves, the IMF says
The dollar's dominance is eroding as central bank reserve managers increasingly seek to diversify t…
Zahra Tayeb
Lucknow records 26 new dengue cases in last 24 hours
The new cases have taken the tally of dengue cases to 592. He said that hospitals have be…
Goldman Sachs warns the dollar is at risk of losing its dominance, and could end up a lesser player like the UK pound
A note from Goldman Sachs is the latest sign investors are concerned about risks to the dollar's gl…
Harry Robertson
The last Solar Eclipse of 2021: Date, time and everything you need to know
On Saturday, December 4, 2021, the total solar eclipse will start at 10:59 a.m., India time an…
Bitcoin, Tether, Shiba Inu and Dogecoin were most popular cryptocurrencies on WazirX in 2021
Bitcoin was the most popularly traded cryptocurrency on WazirX in 2021, followed by Tether, Shiba I…
Kavin Bharti Mittal's Hike is offering ETH to anyone who find a 'chief meme officer' or a 'crypto game economist' for the company
The company is offering ETH referrals for 10 roles, and there’s a total of 4 ETH – which is ar…
10 things before the opening bell
Goldman Sachs breaks down risks for the US dollar, and top blockchain experts explain why the Axie …
Phil Rosen
IMF chief economist says June's economic growth projections will be 'very likely worse' than April's
The chief economist also warned of how a revived US-China trade war could add a new set of risks ev…