News
Bank of Japan lifts rates to highest level since 1995
18+ hour, 40+ min ago (402+ words) RT. com 17 Jun 2026, 00: 20 GMT+10 The benchmark interest rate was hiked to 1%, despite US-Iran peace agreement, as higher energy costs spread through the economy The Bank of Japan raised its key interest rate by a quarter percentage point to 1% on Tuesday,…...
Bank of Japan raises rates to 1. 0 per cent, cites oil price pass-through and inflation risks
21+ hour, 1+ min ago (721+ words) The Bank of Japan raised its short-term policy rate on Tuesday to 1% from 0. 75%, The Policy Board approved the move by a 7-1 majority vote. The new guideline for money market operations will take effect from Wednesday. The interest rate applied to…...
CEA defends India's GDP data, says country does not use methodology changes to inflate growth numbers
2+ day, 23+ hour ago (465+ words) ANI 14 Jun 2026, 19: 01 GMT+10 New Delhi [India], June 14 (ANI): Chief Economic Advisor (CEA) Dr V Anantha Nageswaran has defended the credibility of India's GDP statistics, saying the country does not use revisions in methodology or base years to artificially boost economic…...
Oil at $92-95/bbl puts CAD and fiscal math under pressure in FY27, Prabhudas Lilladher warns
3+ day, 6+ hour ago (404+ words) ANI 14 Jun 2026, 12: 33 GMT+10 New Delhi [India], June 14 (ANI): Crude prices are unlikely to revert to pre-Gulf war levels of $65/barrel, Prabhudas Lilladher has said, as geopolitical uncertainty and supply-chain disruptions keep oil near $92-95/bbl in FY27. The brokerage expects the shock…...
World Bank cuts global growth forecast to 2. 5% as Middle East conflict triggers energy shock
4+ day, 6+ hour ago (461+ words) ANI 13 Jun 2026, 12: 02 GMT+10 New Delhi [India], June 13 (ANI): The World Bank has lowered its global growth forecast for 2026 to 2. 5 per cent, warning that the conflict in the Middle East has triggered a fresh shock to the global economy by disrupting…...
Experts warn of further pressure as India's retail inflation rises to 3. 93 per cent in May
4+ day, 14+ hour ago (322+ words) ANI 13 Jun 2026, 04: 28 GMT+10 New Delhi [India], June 13 (ANI): India's retail inflation rose to 3. 93 per cent in May from 3. 48 per cent in April, according to data released by the National Statistics Office (NSO) on Friday with experts attributing the rise to…...
Fed faces crucial test as US inflation accelerates and bond yields rise: Jefferies
5+ day, 3+ hour ago (458+ words) ANI 12 Jun 2026, 15: 03 GMT+10 New Delhi [India], June 12 (ANI): Rising inflationary pressures in the United States and concerns over bond yields could pose a significant test for the new Federal Reserve leadership, according to a report by global brokerage Jefferies. In…...
European countries ramp up defense spending amid mounting security concerns
5+ day, 20+ hour ago (507+ words) Xinhua 11 Jun 2026, 22: 15 GMT+10 BRUSSELS, June 11 (Xinhua) -- The recent announcement by the United States that it will reduce military presence in Europe, alongside the European Union's (EU's) persistently tense relations with Russia, has heightened security concerns across the bloc and accelerated…...
US: CPI inflation accelerates to 4. 2% in May on high energy prices
6+ day, 20+ hour ago (379+ words) ANI 10 Jun 2026, 22: 05 GMT+10 New York [US], June 10, (ANI): The US consumer inflation rose 4. 2 per cent annually in May as higher energy prices led to the CPI index increasing at its fastest pace in three years. The CPI had advanced 3. 8 per…...
RBI Maintains Repo Rate at 5. 25%; Developers See Positive Signals for Housing and Commercial Growth
1+ week, 21+ hour ago (1347+ words) The RBI's latest monetary policy decision arrives at a crucial phase for India's real estate sector, where both residential demand and commercial expansion have remained resilient despite an increasingly uncertain global environment. By maintaining the repo rate at 5. 25%, the central…...