News
US Fed Battles Inflation Risks As Uncertainty Over Iran War Has Oil On Fire
9+ hour ago (501+ words) Newly appointed US Federal Reserve Chair Kevin Warsh has a tough job at hand. The next Federal Open Market Committee (FOMC) meeting will be held on June 16-17 to decide the future course of action on the monetary policy front." The…...
India's 4-Day Strategic Oil Buffer Risks Huge Inflation Shock Amid Escalating West Asia War: Report
5+ hour, 52+ min ago (457+ words) Amid rising geopolitical tensions and volatile global commodity prices, consultancy firm EY has said India needs to build larger strategic reserves of crude oil, fertilizers, rare earth materials and essential medicines to protect the economy and consumers from future global…...
Gold Prices Fall as US Attacks in Iran Fuel Oil Surge and Fears of Another Fed Rate Hike
2+ day, 10+ hour ago (336+ words) Gold fell on Tuesday as fresh U. S. attacks in Iran "pushed oil prices higher, fuelling concerns around inflation and higher-for-longer interest rates. Spot gold was down 0. 6% at $4, 542. 20 per ounce as of 0401 GMT. U. S. gold futures for June delivery gained 0. 4% "to $4, 542. 80. Iran's top…...
Inflation to Guide Borrowing Costs Over Falling Rupee as Rate Hikes Unlikely, Say Sources
6+ day, 10+ hour ago (276+ words) RBI does not view interest rate hikes as the ideal tool to defend the sliding rupee, according to central bank sources. Despite market expectations for policy tightening, policymakers will focus on inflation and growth, keeping alternative currency tools on the…...
New Era at the Fed: Donald Trump to Swear in Kevin Warsh as Central Bank Chief on Friday
6+ day, 6+ hour ago (432+ words) U. S. President Donald Trump will swear in Kevin Warsh as the chair of the Federal Reserve on Friday at the White House, the Trump administration said on Thursday. Warsh was confirmed to the role in a near party-line vote on May…...
INR Vs USD: Rupee Jumps Sharply On Likely Strong RBI Intervention
1+ week, 11+ hour ago (135+ words) Republic World - INR Vs USD: Rupee Jumps Sharply On Likely Strong RBI Intervention The rupee jumped sharply before the local spot market opened on Thursday, shored up by likely dollar selling intervention by the Reserve Bank of India. The rupee…...
Rupee Depreciation Can Wipe Out Gains From Fuel Price Hike: SBI Research
1+ week, 5+ day ago (458+ words) The rupee has reached a critical level where any further depreciation could wipe out the gains from the recent Rs 3 per litre increase in petrol and diesel prices, according to an SBI Research Ecowrap report. The report warned that "even…...
S&P Global Cuts 2026 Global Growth Forecast To 2. 4% - Check India-Specific Updates
1+ week, 5+ day ago (20+ words) Growth projections for 2027 stand at ~2. 7%, indicating only a modest recovery as inflation gradually eases and policy support normalises....
Can India Lift Nominal Growth To 12% Amid West Asia Crisis? - Morgan Stanley Weighs In
1+ week, 6+ day ago (275+ words) Amid the ongoing global crude oil crisis, earnings growth has turned after a six-quarter mid-cycle slowdown and is expected to grow further, according to a Morgan Stanley report. This growth would be aided by reflationary policies of the RBI and…...
Who Is Kevin Warsh? Trump's Youngest Fed Pick, Former Crisis-Era Banker and Powell Critic Becomes New Face Of America's Central Bank
2+ week, 11+ hour ago (824+ words) The US Senate on Wednesday confirmed Kevin Warsh to lead the Federal Reserve. President Donald Trump had picked the former Fed governor to replace Jerome Powell, believing that Warsh can deliver the booming economy the president had promised voters. Warsh…...