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The conclusion of the Federal Reserve’s recent two-day policy meeting brought with it a decision to keep interest rates steady. This came as somewhat of a surprise, given the central bank’s aggressive approach over the past year and a half, during which
As the US grappled with the aftermath of the COVID-19 pandemic, new data paints a bleak picture. Inflation-adjusted income witnessed a decline, while the child poverty rate more than doubled from 2021, according to the recent U.S. Census Bureau report. The U.S. economy’s
At the Bharat Mandapam in New Delhi, the curtains have come down on the 18th G20 Summit. With the close of the event, the responsibility of G20 leadership has transitioned from India to Brazil. In a significant gesture, India’s Prime Minister, Narendra Modi,
In a groundbreaking move, the African Union was inducted as a permanent member of the G20 today. The induction took place in New Delhi at the opening session of the G20 Summit. Prime Minister Narendra Modi, leading the session, formally invited Azali Assoumani,
Yesterday, US President Joe Biden and Indian Prime Minister Narendra Modi convened at Modi’s official residence in New Delhi. In an atmosphere thick with camaraderie, they delved deep into avenues to intensify the economic and societal bonds between their nations. Following their discourse, Modi
A recent World Bank report has revealed that the ‘gig economy‘ comprises an unexpected 12% of the global labor market, surpassing previous estimates. This sector offers substantial opportunities, especially for women and young individuals in developing nations. While online gig work continues
Prime Minister Narendra Modi marked his presence at the ASEAN-India Summit held in Jakarta, Indonesia, reflecting the deepening ties between India and the Southeast Asian nations. In his address at the 20th edition of the Summit, PM Modi emphasized that the ASEAN-India partnership,
A former Goldman Sachs International employee, Ian Dodd, who served as the global head of recruiting from 2018 to 2021, has lodged a £1 million lawsuit in London, accusing the esteemed investment bank of fostering a “culture of bullying.” Dodd’s allegations paint
Amidst a backdrop of economic fragility and reliance on foreign aid, Pakistan’s currency, the rupee (PKR), has once again fallen dramatically against the US dollar, marking a distressing record low, the country’s central bank reported. From Islamabad, the State Bank of Pakistan
In a historic move, Belgium has successfully raised a staggering €21.9 billion ($23.65 billion) from retail investors through a bond sale, eclipsing previous records and signaling the public’s growing dissatisfaction with stagnant bank deposit rates. Launched on August 24, this