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 […]
This image provided by ispace, inc. shows the Resilience lander circling the moon (AP photo) A Japanese private lunar lander lost communication during its descent to the moon on Friday, leaving its fate unclear. Tokyo-based ispace confirmed that the lander, named Resilience, successfully departed lunar orbit, but contact was lost during the hour-long descent phase.The […]
ASEAN, Gulf nations, and China convened in Kuala Lumpur to bolster economic cooperation (Image credits: AP) Southeast Asian and Gulf nations are set to hold a three-way summit with China on Tuesday in Malaysia’s Kuala Lumpur, aiming to boost economic ties and strengthen regional cooperation amid growing global uncertainty and rising US trade tension.The summit […]
