Piyush Pandey died on Friday at age 70 after battling a severe infection, according to the Ogilvy advertising agency, where he served as Executive Chairman and Chief Creative Officer Worldwide. The Padma Shri recipient transformed Indian advertising through memorable campaigns that became part of popular culture. His work spanned political messaging and commercial brands such…
Gold declined on Friday morning as traders anticipated the release of American inflation figures later that day. Futures contracts for December delivery fell 0.44 percent to 1,23,552 rupees per 10 grams on the Multi Commodity Exchange, while silver dropped 0.98 percent to 1,47,052 rupees per kilogram. The precious metal posted its first weekly loss in…
The International Monetary Fund raised its India growth forecast to 6.6 percent for the current fiscal year, up from an earlier estimate of 6.5 percent. Strong second-quarter performance and goods and services tax reforms will offset the negative impact of American trade tariffs, according to the fund’s Asia-Pacific economic outlook released on Friday. The projection…
Indian stock indices declined at the market open on Friday as concerns emerged about potential United States trade actions against China regarding their 2020 agreement. The Sensex fell 113 points to 84,443 while the Nifty dropped 27 points to 25,866. Rising crude oil costs from fresh American sanctions on Russia added pressure to trading activity….
India’s Commerce and Industry Minister Piyush Goyal conducted business meetings with German corporate executives and Luxembourg officials to strengthen economic partnerships. The minister engaged with leaders from Mercedes-Benz, Infineon Technologies, and Schaeffler AG to discuss investment prospects in automotive manufacturing, semiconductor production, and artificial intelligence. Conversations with RENK GmbH and Herrenknecht AG addressed defense sector…
Ghana joined the 2012 Cape Town Agreement by submitting its accession document to the International Maritime Organisation. Director General Kamal-Deen Ali from the Ghana Maritime Authority delivered the instrument at the Marine Environment Protection Committee session in London. President Mahama signed the legal papers before Ali presented them to Secretary General Arsenio Dominguez. The treaty…
Africa loses approximately $ 5 billion each year due to foreign exchange costs associated with trading in external currencies. Dr. Tsotetsi Makong from the African Continental Free Trade Area said this dependence weakens economic independence and trade development across the region. He addressed the International Conference on ESG and Sustainable Development of Africa in Accra…
AfroPitch is expanding from a startup competition into a regional accelerator ahead of AfroTalks Kigali 2026. The program will link founders, investors, and officials across East and West Africa through funding support and guidance. The shift reflects AfroTalks’ broader goal of building integrated economic systems across the continent through entrepreneurship and capital flows. AfroTalks Lagos…
The cedi weakened against the dollar on Thursday, October 23, 2025, with banks buying at 10.61 cedis and selling at 11.36 cedis. Exchange bureaus purchased dollars at 12.10 cedis and sold them at 12.60 cedis, according to data from Cedirates.com. The Bank of Ghana interbank market set the buying rate at 10.71 cedis and the…
Ghana’s pension sector could mobilize more than 1 billion dollars for private investment opportunities. The African Private Capital Association released findings showing pension assets reached 86.4 billion cedis by late 2024, but allocated just 4.4 percent to alternative investments against a 25 percent regulatory limit. Nigeria uses 34 percent of its 5 percent cap, while…
