Global economy

Gold is creating records, but in whose vaults is all of it going?

China’s total foreign exchange reserves stood at $3.34 trillion at the end of September, an increase of $16.5 billion month-on-month

Absolute dominance once enjoyed by a hegemon is now contested, says FM Sitharaman

Finance Minister Nirmala Sitharaman said the global order is being reshaped by structural imbalances, even as India stands out as a stabilising force

Trump tariffs bring record export business to China, trade on track for $1.2 tn surplus

Despite the steepest US tariffs in decades, China is on course for a record $1.2 trillion trade surplus as its exporters redirect goods to new markets unsettling governments worldwide

Piyush Goyal in US today: India eyes ‘mutually beneficial’ trade deal, early conclusion of talks

Amid the tariff tensions between India and the United States, India's Commerce and Industry Minister Piyush Goyal will visit Washington, DC, on Monday. Here's what to expect from the trip

'Not obvious what to do': Fed cuts rates, not confusion US has about its economy

While the US Federal Reserve cut interest rates for the first time since US President Donald Trump came to the office, it leaves the American economy on a murky path of maintaining a balance between rising unemployment and inflation

When Carney meets Sheinbaum, a worry for Canada and Mexico: How to shake hands without provoking Trump?

Mark Carney’s visit to Claudia Sheinbaum highlights Canada and Mexico’s challenge of deepening ties without provoking Donald Trump

‘Ask any Indian in Oman, they feel at home’: Envoy hails ties with India, cites FTA talks | Interview

In an exclusive conversation with Firstpost, Issa Saleh Abdullah Saleh Alshibani, Oman's Ambassador to India, lauded people-to-people ties between the two nations, insisting that 'Indians in Oman feel at home'

China’s August growth falters amid weak spending, property strains and US trade headwinds

August figures highlighted China’s fragile recovery, with spending and exports both losing momentum

Are Trump, Xi finally meeting in October? A lot depends on what their envoys decide in Spain

Delegation from the United States and China sat down for a six-hour-long meeting in Madrid, where they discussed the TikTok sale, Trump-Xi meeting, trade, and several other economic issues between the two nations.

France, UK, Japan…: What's wrong with G7 economies — and its political leadership?

G7, a group of nations, which was once touted as one of the strongest economic bodies, is facing a host of challenges in an uncertain world. Here's a look at why these economies are struggling