US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....
02 Jul, 2026, 05.50 PM IST
Southwest monsoon reaches Delhi five days behind scheduleDelhi finally welcomed the Southwest Monsoon on Thursday, five days past its usual arrival. This marks the first July monsoon since 2021, w...
02 Jul, 2026, 11.22 AM IST
Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
02 Jul, 2026, 08.37 AM IST
Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
01 Jul, 2026, 09.28 PM IST
India's June power consumption rises 11.6% on heatwave, delayed monsoonIndia's power consumption surged by 11.62% in June, reaching 166.46 billion units, driven by a severe heatwave and delayed monsoon. This pu...
01 Jul, 2026, 03.39 PM IST
India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
01 Jul, 2026, 02.37 PM IST
Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
01 Jul, 2026, 01.09 AM IST
US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
30 Jun, 2026, 08.03 PM IST
US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
30 Jun, 2026, 07.13 AM IST
US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
29 Jun, 2026, 08.48 PM IST
Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
29 Jun, 2026, 12.09 AM IST
Europe heatwave: 191 million people to face 35C+ temperatures on SundayEurope is bracing for a scorching Sunday as an estimated 191 million people are expected to face temperatures of 35C or higher, particularl...
28 Jun, 2026, 03.25 PM IST
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
28 Jun, 2026, 10.36 AM IST
Yen wobbles near 40-year low as dollar pauses for breathThe yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federa...
26 Jun, 2026, 07.07 AM IST
US Stocks | Nasdaq futures surge 2% as chip outlook calms AI jitters; inflation data awaitedIndian markets are set for a positive opening as US futures surged, led by a 2.24% jump in the Nasdaq. Memory chip giants Micron and Qualco...
25 Jun, 2026, 05.18 PM IST
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
25 Jun, 2026, 04.22 PM IST
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
25 Jun, 2026, 12.10 AM IST