Friday, May 15, 2026

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April 16, 2024 9:00 PM

IMF boosts India’s 2024 growth forecast

The International Monetary Fund (IMF) in its latest outlook raised India's growth projections for 2024 from 6.5 per cent to 6.8 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies.   For t...

April 16, 2024 8:35 PM

UAE Grapples with Heavy Rains, Oman Floods Claim Lives

The United Arab Emirates  is in the grip of a severe weather crisis as heavy rains batter the region, resulting in widespread flooding and travel chaos. Meanwhile, neighboring Oman mourns the loss of several lives following devastating flash floods....

April 16, 2024 6:14 PM

Dollar rises to five-month high, puts heat on yen

The dollar touched five-month highs against the pound and euro on Tuesday, a day after hotter-than-expected U.S. retail sales sent Treasury yields higher, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990. ...

April 16, 2024 3:37 PM

Paris 2024 Olympics torch lit in ancient Olympia

The torch for the Paris 2024 Olympic Games was lit in ancient Olympia in a traditional ceremony on Tuesday, marking the final stretch of the seven-year preparations for the Games' start on July 26.   Greek actress Mary Mina, playing the role of hi...

April 16, 2024 3:08 PM

At least 17 killed in Oman flash floods that cause chaos

At least 17 people were killed after flash floods swept through various parts of Oman on Sunday and Monday, the country's National Committee for Emergency Management reported. Amid the ongoing situation, the government of Oman suspended the work of ...

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