emerging markets News

Indian Rupee Plummets 60 Paise to 85.84/$, Marking Its Steepest Decline Since January

The Indian rupee recorded its sharpest single-day fall in nearly three months, closing at 85.84 against the US dollar, influenced by domestic equity selloffs and a stronger dollar ...

Indian Rupee Gains Strength as Dollar Index Hits Six-Month Low Amid Global Economic Shifts

The Indian rupee gained strength against the dollar, closing at 85.43, as global economic pressures and a drop in the dollar index to a six-month low favored emerging market curren...

Air India Express Soars to New Heights: Fleet Expansion to 100 Planes and 500 Daily Flights by March

Air India Express expands its fleet to 100 planes, aiming for 500 daily flights by March. The airline focuses on tier 2 and 3 cities, integrating with AIX Connect to strengthen its...

Eli Lilly Expands Horizons: Launching Revolutionary Weight Loss Drug in China and India

Eli Lilly & Co. plans to introduce Mounjaro, its diabetes and weight-loss medication, in China, India, Brazil, and Mexico, targeting up to 900 million patients. The move comes as d...

South Korea's Export Growth Stumbles to 1% in February Amid Semiconductor Slump

South Korea's export growth slowed to 1% in February, despite a 7.3% increase in working days. Semiconductor exports fell for the first time in 16 months, while sectors like automo...

Indian Auto Exports Surge by 19% Amidst Reviving Demand in Emerging Markets

Indian automobile exports experienced a 19% increase in 2024, driven by higher demand in emerging markets like Latin America and Africa. SIAM reports a significant rise in shipment...

Unprecedented Surge in Gold Prices: What's Driving the Global Demand?

Gold prices have surged globally due to increased demand from emerging markets, political instability, and uncertainty over U.S. policies. Prices have risen significantly, with pro...

Luxury Watches See Unprecedented Demand in India Amid Global Slowdown

Luxury watches are seeing record demand in India, with significant growth in sales across metro and tier-2, tier-3 cities. Brands like Rolex and Omega are benefiting from rising co...

India's Household Debt Climbs: A Comparative Look at Emerging Markets

India's household debt has risen over the past three years but remains low compared to other emerging markets. The increase is driven by more borrowers rather than higher individua...