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FMCG companies face sustained margin pressure in the second half of the current fiscal year as rising input costs squeeze profitability, with firms weighing post-Diwali price hikes against the risk of hurting consumer demand, particularly in price-sensitive mass-market and rural…
Fixed-income investments are often preferred by investors seeking predictable returns and relatively lower risk. RBI Floating Rate Savings Bonds and SBI’s 7-year fixed deposit are two options that offer a seven-year investment period. However, they differ in interest rates, payout…
Economists expect the Bank of Korea to hold its benchmark interest rate at 3% this week, while persistent inflation and strong semiconductor exports could prompt a rate hike in November. Analysts forecast BOK to hold benchmark rate unchanged at upcoming meet…
If you're a retiree who watched guaranteed investment certificate (GIC) rates slide from their 2023 highs, the past few months have brought a welcome surprise: rates are climbing again. But there's a catch. The same forces lifting GIC rates are also…
TOLEDO, Ohio — Toledo ranks 13th nationwide among U.S. housing markets experiencing the largest declines in homeownership affordability, according to a new report from the National Housing Conference. Among states, Ohio saw the nation’s largest drop in affordability, as rising housing costs…
A spike in Australia's jobless figures will loom over Australia's economy, as the Reserve Bank prepares to offer its first clues on how it perceives the increase. Unemployment rose to a five-year high of 4.7 per cent in September, according to…
Sunday October 18, 2026 4:22 pm ECONOMYNEXT – The expansion in new active credit cards in Sri Lanka continued in July and August, following a slowdown in June, official data showed. New active credit cards in July recorded an increase of 11,408 and 17,663 in August,…
JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon warned that prolonged high interest rates could strain U.S. consumers and credit markets. Dimon highlighted risks from persistent inflation, elevated asset prices and geopolitical instability in his latest public comments. He also pointed to…
Jamie Dimon, the leader of the largest bank in the United States, has been vocal about how rising borrowing costs are affecting corporate America in 2026. In a recent interview with Bloomberg's Tom Mackenzie, Dimon reiterated the warning (1) he's been making…
Ever feel like big life expenses arrive at the most inconvenient times? The furnace quits late at night during a hard freeze when the forecast calls for colder temperatures tomorrow. The air conditioner waits for the hottest week of July.