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AI INFLATION IMPACT
Global growth set to slow to 2.5% and India 'will lose a step too': Moody's AnalyticsMoody's Analytics expects global growth to slow to 2.5% in 2026, saying India too "will lose a step" amid a broader moderation in activity....
US Stock Market: Fed Chair Warsh keeps rate path unclear as policymakers differ on inflation outlookFederal Reserve Chairman Kevin Warsh prefers less market signaling on monetary policy. He emphasizes evaluating economic data before adjust...
Fed's Cook says she is prepared to act soon if inflation does not begin to slowFederal Reserve Governor Lisa Cook signalled readiness to act if inflation fails to ease, while allowing more time to assess trends. She fl...
Fed's Warsh says AI investment won't be inflationary, will boost jobsFederal Reserve Chairman Kevin Warsh addressed AI's influence on investment prices. He stated that AI-driven investment will not be inflati...
Global Market: European shares slip as AI chip rally fails to offset Middle East concernsEuropean shares dipped slightly as Middle East tensions grew. Technology stocks advanced, boosted by ASML's positive financial forecasts. L...
Groww shares gain 8% on strong Q1 earnings, net profit jumps 94% to Rs 735 croreBillionbrains Garage Ventures shares surged after reporting strong Q1 FY27 earnings. The company posted a consolidated net profit of Rs 735...
Global Market: BoE governor calls for balanced banking rules, rejects deregulation pushBank of England Governor Andrew Bailey pushed back against broad calls for deregulation, arguing that effective financial rules are essenti...
Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensionsSouth Korea's benchmark Kospi surged 7% on Wednesday, extending its rally for a second session as softer-than-expected US inflation data an...
Ericsson to raise telecom equipment prices as AI boom drives up component costsAmid rising component costs fueled by the Al surge, Ericsson is adjusting its pricing strategy for new tenders and renegotiating its contra...
Wells Fargo tops profit estimates on interest income boost, trading boomWells Fargo reported a significant profit increase in the second quarter. Strong trading desks and robust loan growth fueled this positive ...
Global Market: South Korea targets AI-led growth, raises 2026 GDP forecast to five-year high; chip stocks in focusSouth Korea has raised its 2026 GDP growth forecast to 3%, the fastest pace in five years, backed by an AI and semiconductor-led investment...
Wall Street Week Ahead: Investors to grapple with packed week of earnings, CPI, Iran headlinesUpcoming economic data and corporate earnings will test the resilient U.S. stock market. Major banks begin second-quarter earnings season, ...
5 world market themes for the week aheadTSMC's earnings will offer insights into AI chip demand this week. Wall Street banks are set to report, with expectations for strong corpor...
Japan's wholesale inflation spikes as fuel costs, weak yen biteJapan's wholesale inflation surged at its fastest pace in over three years. This acceleration was driven by rising fuel and metal prices, a...
Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
Inflation concerns prevailed in Kevin Warsh's first FOMC meeting: Fed minutesDuring its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising in...
TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buyingIndia's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience signific...