New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pcDuring May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contra...
US stocks: Dow hits record high on Iran deal optimism, lower oil pricesMajor Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middl...
WPI inflation surges to all-time high of 9.7% under new seriesIndia's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power...
Gold rises 2% after US, Iran reach peace dealGold prices surged 2% as U.S. and Iran officials announced a preliminary deal to end their conflict, leading to lower oil prices and easing...
U. S Stock Market Prediction: S&P 500, Dow Jones, Nasdaq, Russell 2000 to trade big on Monday? Factors that will boost Wall StreetU.S. Stock Market on Monday: Nasdaq, Dow Jones, S&P 500, Russell 2000 will have a big day as investors may finally get details about the re...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...
Inflation seen at 5% in FY27, 50-75 bps rate hikes likely as food and fuel risks build: ReportInflation is set to climb to 5.0 percent in FY27. Upside risks persist due to the West Asia conflict and a potential below-normal monsoon. ...
Why your summer tomatoes cost so muchTomato prices have surged due to severe weather in Florida and Mexico. Consumers face higher costs for this summer staple.
Falling crude oil price sends tyre, paint, oil marketing and airline companies soaring in relief rallyOn Friday, a significant drop in oil prices caused a ripple effect in the stock market, with companies linked to crude oil benefiting the m...
Peaccemeal cheers bulls as Dalal Street logs biggest gains in over 2 monthsIn a remarkable turnaround, Indian stock markets soared on Friday, with major indices climbing over two percent, their highest gains in the...
US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...
US stocks slump after fresh sell-off in tech stocks; Nasdaq down over 1%Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met ...
India bonds snap four-day rally on US-Iran war risksIndian government bonds witnessed a dip on Wednesday, breaking a four-day winning streak. The decline was largely attributed to soaring oil...
China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
Gold drops as oil climbs on renewed US-Iran hostilitiesGold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate hike conc...