With forecasts pointing to a below-normal monsoon and a likely moderation in economic activity, overall consumption demand may face headwinds in the coming months, and the near-term outlook for the Indian economy is one of cautious resilience, the Finance Ministry said in a report on Saturday (May 30, 2026). However, domestic fundamentals remain broadly intact, […]
India’s economic story is expected to remain on a path of “cautious resilience” in the near term, even as global uncertainties continue to grow, the department of economic affairs (DEA) said in its Monthly Economic Review for May.However, it cautioned that the ongoing conflict in the Middle East, rising crude oil prices and the possibility […]
Southern Syria’s Sweida province witnessed a fragile calm on Sunday after a week of intense sectarian violence that claimed over 1,100 lives. The silence came after a ceasefire, announced on Saturday, began to take hold, succeeding where earlier attempts had failed. The fighting, largely between Druze factions and Sunni Bedouin rivals, quickly escalated into a […]
Officials at the Federal Reserve on Friday showed little sign of deviating from their message that there is no urgency to lower interest rates, despite a claim by President Trump that there is “no inflation.” A solid economy affords the central bank the flexibility to wait and see what the economic impact of Mr. Trump’s […]
