Economy – Blog Category

Gold prices have reached an all-time high, surging past $3,100 per ounce for the first time ever. This remarkable rally has been fueled by growing concerns over U.S. trade tariffs, geopolitical tensions, and increasing economic uncertainty.

India’s economic landscape has undergone a remarkable transformation over the past decade, with its Gross Domestic Product (GDP) soaring from approximately $2.1 trillion in 2015 to an impressive $4.3 trillion in 2025. This 105% increase underscores India’s robust growth trajectory and positions it ahead of the global average GDP growth during the same period.

A Green Shipping Corridor is a designated maritime route where vessels operate using low or zero-emission technologies, supported by digital innovations to enhance efficiency and sustainability. The primary objectives are to reduce greenhouse gas (GHG) emissions, promote the use of alternative fuels, and implement advanced digital systems for optimized maritime operations.

India is poised to contribute 6% to global trade growth over the next five years, positioning itself as the third-largest driver after the United States and China. This projection underscores India's burgeoning role in the global economy and invites a closer examination of its implications from an economic standpoint.​

India is at an energy crossroads. The country must rethink its power generation strategy with a booming economy, rising energy demand, and climate commitments. While coal still dominates (70% of electricity generation), and renewables are scaling up, they come with their limitations.

On March 19, 2025, the Federal Reserve announced its decision to maintain the federal funds rate within the target range of 4.25% to 4.50%. This decision aligns with market expectations and reflects the Fed's cautious approach amid prevailing economic uncertainties. Notably, the Fed's projections indicate two potential quarter-point rate cuts by the end of the year, signaling a shift in monetary policy aimed at sustaining economic growth. Axios

India’s foreign exchange reserves have surged by $15.27 billion to $653.97 billion as of March 7, 2025. This is the largest weekly jump in two years and underscores the country’s growing economic resilience. The sudden spike in reserves comes amid a complex global financial landscape characterized by volatile capital flows, inflationary pressures, and geopolitical uncertainties.

The Indian rupee opened 4 paise higher against the U.S. dollar today, reflecting a complex interplay of global economic factors, including a declining U.S. dollar index and falling crude oil prices. While a 4 paise appreciation may seem insignificant, it holds substantial implications for India's trade balance, inflation trajectory, and capital inflows.

The trade war initiated by former U.S. President Donald Trump significantly altered global trade patterns, affecting multiple economies, including India. The conflict began in 2018 when the Trump administration imposed tariffs on Chinese imports, citing concerns over intellectual property theft, forced technology transfers, and the widening trade deficit. These measures soon expanded to include tariffs on Mexico and Canada, sparking retaliatory actions from affected nations.

Diriyah holds a special place in Saudi history as the birthplace of the Kingdom and the ancestral home of the Al Saud royal family. The development spans 14 square kilometers and is adjacent to the UNESCO World Heritage Site of At-Turaif. The project's vision includes: