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US inflation picked up as gas prices marched higher due to conflict in the Middle EastUS inflation held at 3.4% in August from a year earlier, while monthly consumer prices accelerated 0.4% as renewed Middle East fighting pus...- Global Market | ECB may need further rate hikes if energy prices stay high: NagelECB policymaker Joachim Nagel said the central bank may need to raise interest rates further if elevated energy prices persist, potentially...
- Global Market: European stocks gain ahead of key US inflation dataEuropean stocks edged higher on Friday but remained headed for their worst weekly performance since April as rising bond yields and inflati...
- Global Market: European stocks gain ahead of key US inflation dataEuropean stocks edged higher on Friday, but the STOXX 600 remained on track for its worst weekly performance since April as elevated bond y...
- Global Market: Japan's Nikkei falls 3% as oil surge, US rate hike fears weighJapan’s Nikkei fell over 3% in early trade as surging oil prices and rising US Treasury yields revived inflation and rate-hike concerns. Ja...
- US 10-year yield flirts with 5% as higher oil, rate hike worries swirlU.S. Treasury yields saw an upswing on Friday, nearing the 5% milestone, driven by escalating oil prices. This development has prompted tra...
- US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
- ECB raises interest rates as Iran war fans inflation fearsThe European Central Bank has taken another bold action by raising interest rates for the second occasion within the year. This effort is d...
- US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climbWholesale inflation increased in August after cooling earlier this summer. Higher oil and gas prices, driven by Middle East conflict, are k...
- ECB raises interest rates as Iran war fuels inflation fearsThe European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and confl...
- US Treasury yields hit highest level since 2023 as buyback disappointsU.S. 10-year Treasury yields touched their highest level since November 2023 before easing after strong auction demand. Rising oil prices a...
- Global Market | BOJ may speed up rate hikes amid inflation, weak yen risks: MasuBOJ board member Kazuyuki Masu has signalled that the central bank may need to raise rates quickly if inflation accelerates, strengthening ...
- Nifty IT index plunges 3.2%, posts biggest single-day fall in 3 monthsThe Nifty IT index experienced its largest single-day drop in three months on Wednesday. Several IT stocks saw significant declines, revers...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- Iran's government to raises price of petrol as US applies economic pressureIran will raise gasoline prices for users exceeding 110 liters monthly starting Tuesday. The price for the third quota will increase to 100...
- US Market: J.P. Morgan, BNP Paribas expect ECB rate hike in December as inflation risks persistJ.P. Morgan and BNP Paribas now expect the European Central Bank to deliver another 25-basis-point rate hike in December, reversing their e...
- Automakers likely to implement price hikes in coming months to counter soaring costs: Ashok Leyland MDAutomakers anticipate implementing calibrated price increases in upcoming months. High commodity costs are exerting pressure on manufacture...
- Construction cost for housing projects increases by 34%Indian housing prices have risen significantly faster than construction expenses. This trend creates affordability issues for buyers and ma...
- Gas, milk, rickshaw ride: Mumbai's cost of living goes up a notch this SeptemberMumbai and its metropolitan region face higher expenses starting Tuesday. CNG and piped cooking gas prices have risen due to increased inte...
- ATF price up 5.46%, commercial LPG rate rises Rs 9.50ATF prices rose 5.46% to ₹121.28 per litre, adding to airlines’ costs, while commercial LPG prices increased by ₹9.50 to ₹2,747.50 per 19-k...
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