multilateral banks

FM Nirmala Sitharaman calls for Global South unity to tackle uncertainties

July 5, 2025

Finance Minister Nirmala Sitharaman urged decisive collective action from the Global South to address uncertainties stemming from fiscal constraints and geopolitical shifts. Speaking at the ...

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Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased

August 1, 2025

Amazon shares experienced a significant drop following the release of its Q2 earnings report, primarily due to the slower-than-expected growth of Amazon Web Services (AWS). ...

Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased

August 1, 2025

Amazon shares experienced a significant drop following the release of its Q2 earnings report, primarily due to the slower-than-expected growth of Amazon Web Services (AWS). ...

Oil earnings slip: Exxon and Chevron Q2 profit hits 4-year low; revenue dips as crude prices stay weak despite output rise

August 1, 2025

Exxon Mobil and Chevron saw profits decline. This was their lowest in four years. Lower energy prices and increased OPEC+ oil supply impacted revenue. However, ...

India’s forex kitty rise by $2.7 billion to $698.1 billion; gold and SDR holdings also increase

August 1, 2025

India’s foreign exchange reserves saw a significant boost, climbing by $2.703 billion to reach $698.192 billion as of July 25, according to recent RBI data. ...

GST collections: July gross mop-up at Rs 1.96 lakh crore; rises 7.5% year-on-year

August 1, 2025

India’s Tax Treasure Chest: Decoding the Latest GST Surge India’s Goods and Services Tax (GST) continues to be a fascinating economic barometer, and the latest ...