Topic
global economy
Crude Oil Prices Stabilize Below $100 Amid Geopolitical Tensions
Crude oil prices on the NYMEX have stabilized below $100 per barrel, despite significant disruptions in the Strait of Hormuz. Alternative supply routes and reduced Chinese demand have helped prevent a spike to $200.
India Eyes Economic Resilience Amid Global Trade Challenges
Prime Minister Narendra Modi chaired a meeting with the Economic Advisory Council to discuss strategies for bolstering India's economic growth amid global uncertainties. Key discussions included trade reforms and measures to attract foreign investment.
India's GDP Growth at 7.7% in FY26 Amid Global Tensions
India's GDP growth reached 7.7% in FY26, surpassing expectations despite global tensions. Key drivers included strong consumer spending and investment activity. However, the US-Iran conflict poses potential risks for future growth.
India to Surpass China in Global GDP Share by 2060
India is expected to surpass China in global GDP share by 2060, according to a report by the World Inequality Lab. The report highlights demographic shifts and economic trends that will reshape the global economic landscape.