China Manufacturing PMI Falls to 49.3 in July
Key takeaways China’s official factory reading slipped to 49.3 in July. A score below 50 means factory activity is shrinking.…
Section
Category: Economy & Policy
Indian economy, trade, commodities and government policy.
Russia extends fuel export ban until January 31, 2027
Russia extended its gasoline export ban until January 31, 2027, to stabilize domestic fuel supplies and prices.
Foreign Student Work Fee: Trump Weighs $100,000 Charge
Key takeaways President Donald Trump is weighing a possible $100,000 charge tied to overseas graduates working in the US. No…
GST fraud crackdown finds ₹74,782 crore in fake tax credits
Key takeaways Officials detected ₹74,782 crore in suspected fake input tax credit claims in FY26. Data tools help tax teams…
Food Corporation Sold Rice to Ethanol Plants at Lower Price Than It Paid for the Grain
FCI sold rice to ethanol plants at ₹2,250-₹2,320 per quintal, well below its average procurement cost of about ₹3,720 per…
U.S. Economic Growth Weaker Than Expected at 1.5% in Q2
US GDP growth slowed to 1.5% in Q2 2026, missing forecasts as business investment softened while consumer spending held up.
Bank of England Rate Holds at 3.75% Amid Inflation Risk
Key takeaways The Bank of England kept its main interest rate at 3.75%. Officials still see a risk that UK…
RBI Rupee Defence: Report Says $7 Billion Was Sold
Key takeaways A report said the RBI sold about $7 billion in one Friday trading session. The move likely aimed…
India Gold Demand Falls 6% as Price Swings Deter Buyers
Key takeaways India gold demand fell 6% from a year earlier as fast price moves made many buyers wait. Jewellery…
Federal Reserve Keeps Interest Rate Unchanged at 4.25%–4.50%
The U.S. Federal Reserve kept its benchmark interest rate unchanged, maintaining the federal funds target range at 4.25%–4.50%, as policymakers…