According to the RBI’s weekly statistical supplement, the biggest component of the reserves—foreign currency assets (FCA)—fell by $2.629 billion to $591.287 billion during the week. FCA values reflect ...

What a street vendor in an Indian village does with ease and safety remains a dream for many developed nations of the world.

On July 9, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Kiribati, and considered and endorsed the staff appraisal without a meeting.

India leads global fast payments with the Unified Payments Interface (UPI), which has grown rapidly since its 2016 launch.

This week, the world watched as Rio de Janeiro became the epicenter of multipolar ambition. The XVII BRICS Summit,  the first ...

The Ukraine Fund at $540 billion is destined for Ukraine reconstruction, while the $460 billion European Structural Fund to ...

Oxfam has said African countries like Malawi face the risk of long-term social and economic reversal due to an escalating ...

Unified Payments Interface is an instant and real-time payment system developed by NPCI to facilitate inter-bank transactions through mobile phones.

In Maniche, a commune in southern Haiti, rice production is rebounding after years of decline linked to trade policies ...

Over a century after Pareto’s observation, the Global South remains trapped in a cycle of concentrated wealth and entrenched ...

Discover the 15 strongest currencies in Africa for 2025, ranked by value against the US dollar. Learn what drives their ...

Nigeria will enjoy full economic benefits from its partnership status with the BRICS alliance despite not being a full member ...