US President Donald Trump called for sharply lower interest rates following a decision by the Federal Reserve to raise its benchmark interest rate by 25 basis points to a target range between 3.75 per cent and 4 per cent, representing the initial rate increase since 2023 despite longstanding ...
The US Federal Reserve has raised its benchmark interest rate by a quarter of a percentage point to 3.75–4 per cent, with Chair Kevin Warsh saying inflation remains too high and a strengthening economy allows policymakers to focus on restoring price stability....
US President Donald Trump has welcomed Prime Minister Narendra Modi’s efforts to tackle illicit opium poppy cultivation and strengthen supply chain security, while identifying India among 23 major drug transit or illicit drug-producing countries for fiscal year 2027....
The death toll from the collapse of a residential building in western Gaza City rose to 21, including 11 children and six women, with more than 25 injured, local officials and residents have said....
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The US Federal Reserve has established a task force to examine how artificial intelligence could shape the economy and future monetary policy, with its findings expected by the end of the year, Chair Kevin Warsh said....
Democratic lawmakers have urged President Donald Trump to raise human rights concerns, including China's treatment of Tibetans and Uyghurs, during Chinese President Xi Jinping's forthcoming White House visit, accusing his administration of sidelining the issue in relations with Beijing....
The US Congress has cleared legislation providing for tariffs of up to 100 per cent on goods from major buyers of Russian energy, sending President Donald Trump a sanctions package that divided Democrats over the scope of his trade powers....
India has the potential to power the next wave of global growth, supported by its strong economic foundations, private-sector dynamism and expanding technolog...
European Commission President Ursula von der Leyen on Wednesday invited Canada to become European Union's (EU) first 'associate member'....
