Foreign portfolio investors pulled out over ₹20,000 crore in September, driven by rising crude prices, surging US bond yields, and rupee pressure.
Tag: global economy
US Federal Reserve raises benchmark interest rate by 25 bps to 3.75%-4.00% target range
The Federal Open Market Committee executed its first monetary tightening in three years under Fed Chair Kevin Warsh.
Chinese President Xi Jinping arrives in India for BRICS Summit in first visit in seven years
Xi Jinping landed in New Delhi for the 18th BRICS Leaders’ Summit, opening doors for high-level bilateral economic dialogue with India.
Brent crude surges near $100 per barrel as Persian Gulf tanker strikes disrupt maritime energy transit
International benchmark crude spiked to $99.46 after naval clashes and tanker destruction in the Strait of Hormuz.
BRICS member states accelerate plans for CBDC cross-border payment mechanism ahead of Delhi Summit
Central bankers formalized interoperability frameworks to streamline direct local-currency clearing mechanisms before the 18th summit.
G20 finance ministers conclude talks with statement urging safe navigation through Strait of Hormuz
A joint G20 financial communique emphasized unhindered maritime energy transport, despite procedural objections raised by China.
Next Two Quarters Will Be Tough For Markets
Experts forecast upcoming volatility in the stock market amid global economic pressures.
Global Growth Forecast Cut to 2.5 Percent by UN as Iran War Energy Shock Bites
The United Nations reduced its global growth estimate to 2.5 percent citing higher energy costs and weaker trade flows caused by the Iran war.