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Economic News

Govt hikes DA by 4% under 7th Pay Commission; details here

The Union Cabinet has hiked the  Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the…

Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook

Oil prices held near eight-month lows on Monday after falling sharply last week as markets feared that slowing global economic…

Asian Stocks Slammed by Fed Rate Hike Risks

Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and…

10-year yields highest since 2011 before expected Fed rate hike

Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood…

Dow Futures Tick Higher After Indices Post Their Worst Week Since June

U.S. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses…

Will Mining Die With Ethereum 2.0?

The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, Ether…

Will Mining Die With Ethereum 2.0?

The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, Ether…

Oil prices and financial markets brace for recession

U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year…

Japan set to waive some visa requirements in October to boost tourism

Japan is expected to waive visa requirements for certain tourists and remove a limit on daily arrivals in October as it aims…

Foreign investors snap up Indian bonds set for inclusion in global indexes

Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on foreign investments ahead of…