The Indian Express - People in Pakistan woke up Thursday to the shock of a historic price hike in the prices of petrol and gas as the government tried to appease the IMF for unlocking the critical loan tranche for the cash-strapped country. The price of petrol was hiked to Rs 272 per litre after an increase of Rs 22.20, a press release from the Finance Division read Wednesday night, noting that the surge has taken place due to the rupee’s devaluation against the dollar. Read more
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4 days ago WHAT HAPPENED? Indian stock market plunged sharply on Monday as global market faces uncertainty over Donald Trump's tariffs. With today's crash, Indian stock markets have plunged to their lowest levels in approximately 10 months and analysts suggest that they could fall further due to massive volatility in global markets. Today’s crash was so severe that it wiped out Rs 19 lakh crore of the investor’s wealth. Heavy selling pressure was evident across all segments, with banking, technology, and...
April 04 Today, the US dollar (USD) is the most prominent and powerful currency in the world. Not only is it commonly exchanged outside the US, but several nations have tied their currencies to the dollar or adopted it as their official currency. Like Argentina, Ecuador, El Salvador, Panama. But what makes US dollars the most powerful currency in the world? ECONOMIC FACTOR A currency is a reflection of a country’s economic power. The dollar’s value comes from the US’s position as a critical global economic power...
March 15 The GEPU Index tracks how uncertain businesses and investors are about government economic policies. When uncertainty is high, companies may delay investments, hiring, and expansion, affecting market stability. How is the GEPU Index Measured? Instead of surveys, the GEPU Index analyzes thousands of news articles worldwide, scanning for terms related to uncertainty, economy, and policy changes. If uncertainty-related terms appear frequently → Index rises (high uncertainty). If these terms are less frequent → Index...
March 13 It is a mobile application developed by the National Pharmaceutical Pricing Authority (NPPA) of India. It serves as an online tool enabling consumers to instantly check the prices of both scheduled and non-scheduled medicines at the time of purchase. The app indicates the Maximum Retail Price (MRP) of medicines, inclusive of GST, facilitating consumers in verifying whether medicines are being sold within the approved price range and detecting any instances of overpricing by pharmaceutical companies or...
March 13 Trade policy uncertainty (TPU) can have significant economic implications, influencing business investments, stock markets, and global trade relationships. To measure this uncertainty, economists developed the Trade Policy Uncertainty (TPU) Index. This index tracks the frequency of trade policy and uncertainty-related terms in major newspapers to assess shifts in trade-related risks. Historically, the TPU Index has spiked during key events, including the Nixon and Ford trade policy shocks of the 1970s, U.S.-Japan trade tensions in...
March 11 Introduction The Geopolitical Risk Index (GRI) is a measure of geopolitical tensions based on news coverage. It analyzes reports from ten newspapers and tracks the number of articles discussing adverse geopolitical events each month, relative to the total number of articles published. The Geopolitical Risk Index (GPR) is a crucial tool for governments, businesses, and investors to assess and anticipate the effects of political instability. A lower GRI value indicates lower geopolitical risk, while a higher value suggests...
January 24 President Donald Trump has decided to to withdraw the United States from the World Health Organization (WHO) and will leave the United Nations health agency in January 2026 as well as stop all financial contributions to its work. US has been the founding member of the WHO in 1948. He accused the WHO of mishandling the COVID-19 pandemic, and of being partisan towards China, where as WHO obtained most of it's funds from US. Trump says that the US contributes about 18 percent of the organisation’s funding,...
January 14 Indian Stock investors are having a tough time since last few days due to frequent falling of the SENSEX and the NIFTY. Foreign Institutional Investors (FIIs) have been aggressive sellers in Indian shares for the last four months. As per data available from NSE, FIIs have net sold stocks to the tune of Rs 19,000 crore so far in January. Over the last four months, starting October 2024 they have offloaded shares worth Rs 1.97 lakh crore. But the question is why are the selling stocks? There are many reasons to...
December 26 Recently USA new President Donald Trump has shown interest in buying Greenland from it’s present owner Denmark. Trump said ownership and control of this island was an absolute necessity for the purposes of American National Security. Meanwhile, Greenland Prime Minister announced that the nation was not for sale and will never be for sale. Rather Denmark has announced a significant increase in its defence spending for Greenland, aimed at strengthening its military presence in the region. Greenland has...
December 26 The two Japanese automakers Honda Motor and Nissan Motor have agreed for a merger. The transaction could also be expanded to include Mitsubishi Motors as Nissan is the top shareholder in Mitsubishi Motors. But what has forced them to merge? There are many reasons. Nissan and Honda Joining hands would create one of the world's biggest car producers in the world. This group would be the world’s third largest in terms of vehicle units sold, after Toyota and Volkswagen. And in Japan, this merged entity will essentially...
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