ED seizes Rs 5.84 crore in cash, gold and silver in Ahmedabad raids under FEMA

Feb 25, 2026

The seized currency comprises Indian currency to the tune of Rs 1.01 crore, foreign currency having INR equivalent of 33.34 lakh, 16 gold bars,...

Global GDP projected to increase 2.5 pc in 2023: S&P Global Market Intelligence

Aug 23, 2023

S&P Global Market Intelligence has revised the global real GDP growth forecast for 2023 to 2.5 per cent, primarily owing to upward revisions in...

Moody's downgrades India's ratings to Baa3, maintains negative outlook

Jun 02, 2020

New York, June 2 : Moody's Investors Service has downgraded India's foreign-currency and local-currency long-term issuer ratings to Baa3 from Baa2 and local-currency senior...

ADB raises India's growth forecast

Apr 12, 2024

The Asian Development Bank (ADB) has upgraded India's gross domestic product (GDP) growth forecast for financial year 2024 from 6.7 per cent to 7...

Moody's raises India's 2020 GDP growth forecast to -8.9 pc from -9.6 pc earlier

Nov 12, 2020

New Delhi [India], November 12 : Moody's on Thursday raised India's GDP forecast for the calendar year 2020 upwards to -8.9 per cent contraction...

Ghalibaf pushes for trade in local currency to bypass "cruel sanctions" as US threatens "toughest" economic action on Iran

Aug 21, 2026

To bypass foreign financial blockades, Ghalibaf pointed to local currency mechanisms as an immediate solution, stating that "today, it is possible to conduct commercial...