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IMF forecasts India growth at 6.5% for 2026 and 2027 on strong momentum and lower US tariff rates
IMF forecasts India growth at for and on strong momentum and lower US tariff rates
Trump pick to lead Federal Reserve has assets worth over $100m, disclosures indicate
Kevin Warsh, seeking to replace Fed chair, Jerome Powell, had to file financial disclosures for Senate approvalKevin Warsh, the former Federal Reserve governor chosen by Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100m.The document is required for his nomination to advance through the Senate, beginning with a yet-to-be-scheduled hearing. Continue reading...
Nationwide issues update for customers paying coins into accounts
Nationwide issues update for customers paying coins into accountsThe building society shared an update for people paying into their current account or savings accountCommentsMoneyAmber O'Connor Money and Lifestyle reporter U35s14:08, 14 Apr 2026View 2 ImagesNationwide has posted about its policy on social media (Image: Getty)Nationwide has issued an update for customers who want to use coins to pay into an account. The building society has confirmed that customers can deposit bags of coins...
US Wholesale Prices Rise Less Than Forecast in March
US wholesale prices rose by less than expected in March, as the producer price index increased 0.5% after a revised 0.5% rise in February. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Iran war escalation could trigger global recession, IMF warns
UK suffers sharpest downgrade and is predicted to face joint highest inflation in G7 as growth forecasts are cutBusiness live – latest updatesA further escalation in the Iran war could trigger a global recession, spiralling inflation and a sharp backlash in financial markets, the International Monetary Fund has warned.Against an increasingly volatile backdrop, the Washington-based fund said the economic damage from the Middle East conflict was steadily rising as it cut its growth forecasts for 2...
UK faces biggest hit to growth from Iran war of major economies, IMF says
UK faces biggest hit to growth from Iran war of major economies, IMF saysJust nowShareSaveAdd as preferred on GoogleFaisal IslamEconomics editorGetty ImagesThe energy shock from the Iran war will hit the UK the hardest of the world's advanced economies, the International Monetary Fund (IMF) has forecast.In its latest World Economic Outlook, the IMF cut its estimate for UK growth this year to 0.8%, from the 1.3% prediction made in January before hostilities began.The Fund said the downgrade...
Cars24 Arabia guarantees used car buyers the best price, or matches it
Anyone who has bought a used car in the UAE knows the moment. You find the right car, you're ready to move forward, and then the second-guessing starts. Is this the right price? Is there a better deal somewhere else? Should you wait?Unlike new cars, where prices are standardised and publicly declared, used-car pricing has always carried an element of ambiguity. Buyers have had no reliable way to know whether the number in front of them is fair. That uncertainty has made one of life's bigger purc...
IMF cuts China’s GDP growth forecast to 4.4% as Iran war pressures global economy
The International Monetary Fund (IMF) has lowered its global economic growth forecast, including for China, citing shocks from the US-Israeli war in Iran. In its flagship World Economic Outlook published on Tuesday, the IMF projected worldwide gross domestic product growth at 3.1 per cent this year, down 0.2 percentage points from its January estimate. China – the world’s second-largest economy – is now expected to expand by 4.4 per cent this year. That would miss the IMF’s January estimate by.....
Vermont’s return-to-office blunder is costing the state millions
Gov. Phil Scott’s return-to-office order was sold as a commonsense push for collaboration and better service. It has instead become a case study in how political theater can collide with labor law, management reality and basic fiscal discipline.
UK economic growth forecasts slashed as IMF says Iran war risks global recession
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TCW Private Credit Fund Slashes Red Lobster Equity Value by 98%
TCW Group has marked down its equity stake in Red Lobster by roughly 98% since acquiring it via the restaurant’s 2024 bankruptcy, leaving shares held by a private credit fund it oversees now worth less than $1 million, according to a recent regulatory filing.
IMF Cut Global Growth to 3.1%, Flags Downturn Risk If War Lasts
The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severally damaged.
کپلر: ایران نفتکشها را مشمول عوارض یک دلاری با پرداخت رمزارز میکند
وبسایت اطلاعات انرژی کپلر گزارش داد جمهوری اسلامی در حال ایجاد چارچوبی برای عبور و مرور کشتیها در تنگه هرمز است. جزیره لارک بهعنوان مرکز اداری این روند عمل میکند. کپلر نوشت برای محمولههای مایع، مبلغی معادل یک دلار به ازای هر بشکه تعیین شده که بهصورت رمزارز پرداخت میشود.
Gold-Silver Crash: 'ऐसा हुआ तो सोना-चांदी हो जाएगा क्रैश...' एक्सपर्ट की बड़ी चेतावनी
GoldSilver Crash
Wage hike protests turn violent in India
The police have used tear gas shells to disperse a mob after protesters torched vehicles and pelted stones in a town bordering Delhi Wage hike protests by factory workers in a town bordering New Delhi turned violent on Monday, forcing police to use force to disperse the angry mob. The demonstrations in Noida in the northern Indian state of Uttar Pradesh are against rising living costs in amid the US-Israeli war with Iran. Workers are also demanding a wage hike following the imple...
محمد مخبر: محاصره تنگه هرمز دستاوردی برای آمریکا نخواهد داشت
محمد مخبر، مشاور علی خامنهای در ایکس نوشت: «تخیل محاصره تنگه هرمز نهتنها دستاوردی ندارد، که منجر به غافلگیری دوباره و گشوده شدن جبهههای جدید علیه نظام سلطه و افزایش فشارهای اقتصادی بیشتر روی منطقه، جهان و متحدانشان خواهد شد.» مخبر، ترامپ را «مرد بازنده» خواند.
UAE court rejects claim against bank over ‘unauthorised’ credit card
Abu Dhabi’s Commercial Court of First Instance has rejected a customer’s claim seeking to cancel a credit card and clear outstanding debt, ruling that the bank had followed proper procedures and that the card was issued under a valid contractual relationship.The plaintiff argued that the credit card had been issued in his name without his knowledge or consent while he was abroad, and sought to be absolved of Dh36,419 in outstanding dues, as well as the cancellation of the card and correction of...
Will the West Asia war affect Kharif yields?
Tensions in West Asia have affected supplies of fertilisers, fuels, and agrochemical products like pesticides. How does this situation reinforce the need to diversify fertiliser imports and promote other substitutes such as nano fertilisers to ensure food security?
Alibaba-backed Buy Now Pay Later firm gets SECP licence
The Securities and Exchange Commission of Pakistan (SECP) has granted a licence to Koko Tech Pakistan (Private) Limited (KTPL) to operate a Buy Now Pay Later (BNPL) business in Pakistan, according to an official statement issued on Tuesday. KTPL is owned by Alibaba.com Holdings, one of the world’s leading e-commerce and technology companies. The entry of Alibaba-backed KTPL marks a significant milestone for Pakistan’s digital financial ecosystem, reflecting growi...
Malaysians urged to tighten their belts as Iran war fallout starts to bite
Malaysia’s government has urged the public to be ready to tighten their belts over an extended period, with the full effects of the energy crisis triggered by the Iran war expected to kick in as soon as June after the country’s economic buffers run their course. Domestic gas production and costly fuel subsidies have so far shielded the country’s population of 34 million from most of the fallout from the war, which has choked supply for 25 per cent of global seaborne oil trade and nearly a fifth....