Economy

In a significant shift that balances prudential regulation with growth imperatives, the Reserve Bank of India (RBI) has finalized its “Project Finance Directions, 2025,” effective from October 1. The revised …

Indian-origin New York State Assemblymember and Democratic socialist Zohran Kwame Mamdani was declared the Democratic nominee for Mayor of New York City on June 24, 2025. Born in Uganda and …

Democratic candidate Amy Roma, running in the special election for Virginia’s 11th Congressional District to fill the vacancy left by the late Congressman Gerry Connolly, underscored the importance of deepening …

Slated to open in July 2025, Layered., a new brunch and café concept from the owners of Chateau de Chantilly, represents a “significant step in the revitalization of a long-vacant …

India is considering changes to local content rules in its telecom procurement policy that could ease market access for multinational corporations (MNCs) such as Cisco, Ericsson and Nokia, government and …

The Ministry of Statistics and Programme Implementation (MoSPI) will launch India’s first comprehensive Household Income Survey in 2026, aiming to fill a critical data gap in the country’s statistical system. …

The in-person meeting between Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi at the G7 Summit represents a significant gesture that marks the beginning of a crucial …

The escalating geopolitical standoff between Israel and Iran is rattling global commodity markets and reigniting fears of economic volatility, particularly in energy-importing nations like India. While India’s trade exposure to …

Nepal’s economy is showcasing a notable degree of resilience, characterized by moderating inflation and a strengthening external sector, according to the latest “Nepal Economy Update” report by CareEdge, a subsidiary …