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FUEL COSTS IMPACT ON INFLATION
Retail Inflation up to 4.4% on costlier food, transportIndia's retail inflation reached 4.4% in June, surpassing the central bank's target. Higher food and transport costs drove this increase, m...
Global Market: UK bond yields hit one-month high as Middle East tensions boost rate-hike expectationsMiddle East tensions are driving oil prices higher and impacting global energy supplies. This surge in oil prices is fueling inflation conc...
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...
India's June retail inflation quickens to 4.38%, crosses RBI's 4% target after 17 monthsIndia's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to th...
How Europe is keeping planes flying despite jet fuel risksEurope faces significant jet fuel supply risks due to Middle East tensions. The region imports heavily and has limited reserves for disrupt...
Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
Indian business optimism weakens as margin pressures weigh: HSBC surveyIndian private sector firms show reduced optimism for the year ahead. Companies are scaling back hiring plans due to rising costs and compe...
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...
Global Market: Geopolitical risks return to centre stage for ECB as inflation fears resurfaceFresh US-Iran hostilities have pushed the European Central Bank back to its inflation fight. Rising energy prices now threaten to reignite ...
Global Market: Japan wholesale inflation hits over three-year high, reinforcing BOJ rate hike expectationsJapan's wholesale inflation accelerated to its fastest pace in more than three years in June as companies passed on higher input costs driv...
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...
ADB cuts India FY27 growth forecast to 6.6% on higher oil pricesThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher crude oil prices and transportation costs will i...
India consumer inflation likely breached RBI's 4% target in June, poll showsIndia's consumer inflation likely breached the central bank's target in June. Higher food and fuel prices added to cost pressures for consu...
Global Market: Japan's 10-year bond yield hits 30-year high as inflation, fiscal concerns weighJapan's benchmark 10-year government bond yield reached its highest level in nearly three decades. This surge occurred as oil prices climbe...
ADB cuts India FY27 growth forecast to 6.6% on higher energy costsThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impactin...
ADB cuts India's FY27 GDP growth aim to 6.6% on higher energy pricesThe Asian Development Bank has lowered India's FY27 GDP growth forecast to 6.6 percent. Elevated energy prices are impacting household purc...
Thali costs rose by 5% in June on higher tomato, onion, LPG pricesHome-cooked thali costs increased in June due to higher vegetable and fuel prices. Tomato and onion prices saw significant year-on-year inc...