India – Canada ties hit next level of escalation, 6 Canadian diplomats expelled in response

India – Canada ties hit next level of escalation, 6 Canadian diplomats expelled in response

In a quick response to Canada’s move, India expelled six Canadian diplomats on Monday, just hours after announcing the withdrawal of its High Commissioner and other key officials from Canada. The move comes as relations between the two nations deteriorate, with India citing Canadian Prime Minister Justin Trudeau’s ongoing “hostility” towards New Delhi. The Ministry […]

World Bank Lowers Bangladesh’s Growth Forecast Citing Political Instability

World Bank Lowers Bangladesh’s Growth Forecast Citing Political Instability

The World Bank has revised Bangladesh’s economic growth projection for the fiscal year 2024-25, lowering it to 4%, down from an earlier estimate of 5.2%. This adjustment comes in response to the political unrest that has shaken the country, creating significant economic and political uncertainty. In its South Asia Development Update for October 2024, the […]

Sensex Drops 230 Points as Auto and Finance Stocks Weigh on Markets

Sensex Drops 230 Points as Auto and Finance Stocks Weigh on Markets

Indian equity markets closed lower on Friday, with the Sensex falling by 230 points, or 0.28%, to 81,381, and the Nifty slipping by 34 points, or 0.14%, to 24,964. The decline was primarily driven by a sell-off in financial and auto stocks, alongside weakness in shares of Tata Consultancy Services (TCS). The banking sector bore […]