Economic

Africa Set to Launch Own Credit Rating Agency

The African Union is poised to launch the Africa Credit Rating Agency (AfCRA) in June 2025, a move aimed at providing fair and transparent...

US-China Trade Talks Show Promise Amid Ongoing Tariff Negotiations

The US and China have made significant progress in recent trade talks, with both sides expressing optimism about reaching a mutually beneficial agreement. The...

Huawei CEO Ren Zhengfei Addresses Chip Gap and Innovation Strategies

In a recent interview with Chinese state media, Huawei CEO Ren Zhengfei acknowledged that Huawei's processor chips lag behind those of US companies by...

Oil Prices Stabilize as Market Awaits Key Developments

The oil market has shown signs of stability, with Brent crude oil prices currently trading at $67.27 per barrel and West Texas Intermediate (WTI)...

Gold and Copper Markets Show Divergent Trends

The gold and copper markets have presented a mixed picture, with gold futures prices trending flat at $3,318 per ounce, while copper prices are...

Platinum Prices Reach Four-Year High Amid Surging Demand and Supply Constraints

Platinum prices have surged to a four-year high, driven by a perfect storm of increased demand and tightening supply. The precious metal, often overshadowed...

Reliance Industries Chairman Mukesh Ambani Announces Landmark Grant to ICT Mumbai

In a significant boost to academic research and development in India, Mukesh Ambani, Chairman of Reliance Industries, announced an unconditional grant of Rs 151...

RBI Announces New Guidelines to Boost Gold Loan Market

LTV Ratio on Gold Loans Increased to 85%In a significant move aimed at boosting liquidity and providing relief to borrowers, the Reserve Bank of...

India’s GDP Growth Forecast Upgraded to 6.4% by UBS

Global financial services firm UBS has revised its forecast for India's real gross domestic product (GDP) growth for FY26, raising it to 6.4% from...

Indian Companies Deliver Satisfactory Q4 Performance Amidst Global Challenges

Despite a tough global economic environment, Indian companies have reported satisfactory performance in the fourth quarter of financial year 2025, according to a recent...

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