In its latest policy statement, MAS announced a reduction in the rate of appreciation of the Singapore dollar nominal effective exchange rate policy band, though it will maintain a path of gradual appreciation.
Russia and Indonesia are currently working to establish direct settlement mechanisms between their respective banking institutions.
India is poised to significantly reshape the global trade landscape by expanding partnerships with trusted allies such as the US, Indian Commerce and Industry Minister Piyush Goyal said at the Carnegie India Global Technology Summit in New Delhi
Even as the world reacts to a 90-day pause on tariffs for most countries, the impact of possible future US tariffs on Indian exports varies significantly across sectors.
When the US administration under President Donald Trump announced sweeping import tariffs on ASEAN nations, it triggered an immediate ripple across Southeast Asia’s export-dependent economies.
India is expected to become an important player in global energy markets, following a distinct growth path marked by lower energy intensity, a diverse energy mix and expanding commodity imports, according to Wood Mackenzie's latest Horizons report.
India’s plans to modernise its military and strengthen domestic defence production are facing mounting challenges due to financial constraints, despite a net boost in the country’s defence budget.
Toyota to establish a wholly-owned EV and battery facility in Shanghai, expand US operations
Pakistan’s Power Minister Awais Leghari has sought financial backing from the World Bank to install smart meters at distribution-level transformers.
India’s Noida-based clean energy company REnergy Dynamics expects to develop compressed bio-gas (CBG) projects with a combined capacity of 175 tonnes per day (tpd) in the near future
The China-Pakistan Economic Corridor (CPEC), once hailed as a transformative initiative for Pakistan’s economy, has left the nation grappling with substantial debt and soaring electricity costs.