News
Powell Probed: US Stock Futures Tumble on Criminal Investigation Fears
2+ hour, 47+ min ago (167+ words) Federal Reserve Chair Jerome Powell revealed he is under criminal investigation by the Department of Justice, linking the probe to political pressure from President Trump. The announcement via a video message sent U.S. stock futures sharply lower late Sunday, with Dow…...
India's Forex Reserves Plunge $9.9 Billion, Hitting 14-Month Low
2+ day, 2+ hour ago (187+ words) India's Forex Reserves Plunge $9.9 Billion, Hitting 14-Month Low'Whalesbook India's foreign exchange reserves experienced their sharpest weekly contraction in over a year, falling by $9.9 billion to $552 billion in the week ended January 2 The Reserve Bank of India's significant dollar sales were…...
India's FY27 Fiscal Plan Hinges on RBI Surplus as Taxes Lag
3+ day, 42+ min ago (245+ words) The Indian government's fiscal strategy for the fiscal year 2026-27 appears to be increasingly dependent on surplus transfers from the Reserve Bank of India (RBI). This reliance offers a vital buffer against slower-than-expected tax revenue growth, aiding the government in maintaining…...
Fed's 2026 Tightrope: Sticky Inflation, Cracking Jobs, Political Uncertainty
6+ day, 9+ hour ago (223+ words) Fed's 2026 Tightrope: Sticky Inflation, Cracking Jobs, Political Uncertainty'Whalesbook The 2026 Crossroads The U.S Federal Reserve enters 2026 navigating a precarious economic juncture, caught between stubborn inflation and a rapidly cooling job market This delicate balance is further complicated by the lingering effects…...