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SOARING FUEL RATES
Why is US stock market down today? Dow Jones, S&P 500 and Nasdaq fall as inflation hits three-year high and Iran tensions shake Wall Street - Nvidia, Amazon and technology stocks leading today's declineUS stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflat...- Silicon Valley's AI millionaires are paying up to $23,000 per hour for escorts who can talk GPUs, crypto and the futureThe AI boom is fueling a new luxury service where escorts, dubbed 'nerd-first,' command high rates by offering intellectual companionship a...
- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
- India’s economy faces threats that currency band-aid can’t fixIndia's government and central bank have launched new measures to attract foreign investment. These steps aim to boost the rupee and bring ...
- Livestock industry demands 1.5 million tonnes soymeal imports amid price surgeIndia's livestock sector faces rising feed costs. Farmers are urging the government to permit soybean meal imports. Domestic prices have su...
- Global Market Today: Asian stocks ease from record highs, oil steadiesAsian markets dipped from record highs as peace talks with Iran faltered. Oil prices remained elevated amid geopolitical tensions. US stock...
- West Asia heat may soon scorch banks' booksIndian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer...
- Shot of hike as painkiller: India’s economic storm calls for decisive MPC actionIndia's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital o...
- US stocks today: US stocks hold near records even as crude oil prices rise againU.S. stocks hover near record highs despite economic pressures from the conflict with Iran. While oil prices rebound, strong corporate prof...
- Bitcoin falls to 5-week low amid war jitters, ETF outflowsBitcoin has seen its sharpest fall in over five weeks. Concerns about the global economic outlook and money leaving US Bitcoin exchange-tra...
- Heatwave drives surge in cold drink sales, AC and fridge demand stays weakIndia's scorching heatwave has boosted sales of soft drinks, ice-creams and dairy beverages, while higher prices and weak consumer sentimen...
- Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisisSri Lanka's central bank enacted a significant 100 basis point policy rate hike, its largest in four years, to combat rising inflation and ...
- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- Debt funds: Is it time to exit long-duration bond funds as rate hike risks rise?The RBI’s rate-cut cycle is behind us. Experts foresee 50–75 bps of hikes. Your bond portfolio needs to reflect that.
- Leadership crisis, 'loot' in BJP govt: Kharge attacks after 3rd fuel price hikeFuel prices have surged for the third time in eight days. Congress leader Mallikarjun Kharge criticizes the government, accusing it of "loo...
- Gold on track for second weekly loss as rising oil prices drive up rate hike betsGold prices are falling, heading for a second weekly loss. Higher oil prices are fueling inflation worries and boosting chances of a U.S. i...
- Canadian billionaire Kevin O'Leary calls Gen Z 'idiots' for wasting money on coffee and sandwichesCanadian billionaire Kevin O'Leary urges young people to stop spending on daily coffee and sandwiches. He advises investing this money to b...
- 'Am I out?' Drought and rising costs from Iran war deepen pain for US farmersAmerican farmers in Texas, Kansas, Oklahoma, South Dakota, and Nebraska face immense challenges. Rising fuel and fertilizer prices, linked ...
- India's inflation puzzle: How will fuel price play outIndia's inflation debate intensifies as wholesale prices surge, driven by fuel costs, while retail inflation remains subdued. A recent fuel...
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