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INFLATIONARY MARKET
Airtel Africa net profit jumps 27% to $198 million as revenue growth acceleratesBharti Airtel’s Africa business reported a 27% year-on-year increase in Q1FY27 net profit to $198 million, supported by higher operating pr...- India’s real estate sentiment shows signs of stabilising despite global headwindsIndia's real estate sector shows early stabilization signs after a sharp deterioration earlier this year. Global uncertainties continue to ...
- Global Market: ECB seen holding rates steady while keeping September hike option openThe European Central Bank is expected to maintain current interest rates at its upcoming policy meeting. Policymakers will likely signal th...
- Kospi jumps 9% in 3 days after big crash. Is South Korea's stock market heading for another rally?South Korea's Kospi surged 4% on Thursday, extending gains for a third straight session, as stronger-than-expected economic growth and robu...
- RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: BulletinThe Reserve Bank of India sold six point one billion dollars in May. This intervention occurred amid global market volatility and geopoliti...
- Global Market: UK inflation drops to 2.6%; markets eye Bank of England's next rate decisionBritain's annual consumer price inflation eased to 2.6% in June from 2.8% in May, coming in below expectations as energy prices moderated. ...
- India bonds slip on oil spike, bargain hunters curb lossesIndian government bonds weakened in early trade as oil prices extended gains. Rising crude prices could widen India's trade deficit and sto...
- Nestle India Q1 Results: Net profit surges 48% YoY to Rs 975 crore; revenue rises 25%Nestle India Q1 Results: The company’s revenue from operations for the quarter under review stood at Rs 6,378 crore, marking a 25% year-on-...
- Global Market Today: Asian stocks advance on tech rally, yen weakensAsian stocks climbed for a second day, led by chipmakers. The Kospi Index saw a significant jump, reflecting AI investment optimism. Crude ...
- Shorter-dated US Treasury yields ease in line with lower oil priceTreasury yields decreased as optimism about diplomacy led to a decline in oil prices, reducing inflation expectations that dropped below th...
- Maruti Suzuki to hike car prices by up to Rs 30,000 from AugustMaruti Suzuki will increase prices across its entire model range. This price adjustment will take effect starting in August 2026. The compa...
- Global Market: German bond yields hit two-year high as oil surge fuels ECB rate hike betsGerman bond yields rose as oil prices increased amid U.S.-Iran tensions. This surge strengthened expectations for the European Central Bank...
- Foreign inflows in Asian bonds surge to seven-month high in JuneAsian bonds saw their largest foreign inflows in seven months during June. Lower oil prices and strong technology demand improved the regio...
- US Stock Market: Fed's Jefferson signals openness to rate hike if inflation stays elevatedFederal Reserve Vice Chair Philip Jefferson indicated potential interest rate hikes if inflation fails to improve. Current policy remains a...
- Fed's Lorie Logan sees no current inflationary pressure from wagesAccording to Dallas Federal Reserve President Lorie Logan, the labor market is not a contributing factor to current inflation. She highligh...
- Global Market: European shares edge lower as earnings, M&A activity offset by Middle East tensionsEuropean shares traded slightly lower as investors assessed corporate earnings and merger news. Geopolitical tensions in the Middle East ke...
- Global Market: Japanese bond yields climb as oil surge and fiscal concerns weigh on marketJapanese government bond yields climbed on Thursday due to rising oil prices. Higher energy costs fueled inflation expectations and investo...
- 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...
- Gold price prediction: Will gold rate go up in August even if Strait of Hormuz remains closed, Iran war continues? Details hereGold rate today: Gold price has been heavily impacted by the latest developments surrounding the Strait of Hormuz and U.S.-Iran war.
- Fuel price hike triggers surge in public transport fares across PakistanPublic transport fares have risen across Pakistan following a significant petroleum price increase. Transport operators cited higher fuel c...
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