US-Iran war impact: Retail inflation rises marginally to 3.93% in May, food inflation edges up to 4.78%

Retail inflation, measured by the Consumer Price Index (CPI), rose to 3.93% in May 2026 from 3.48% in April, according to data released by the government on Friday.Food inflation also increased during the month, with the Consumer Food Price Index (CFPI)-based inflation rate rising to 4.78% from 4.20% in April, the government data showed.The CPI…

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‘To stake claim as real TMC’: Rebel MPs to meet Lok Sabha Speaker on Monday | India News

NEW DELHI: The Trinamool Congress crisis deepened on Friday as dissident MPs prepared to approach Lok Sabha Speaker Om Birla seeking recognition as the party’s “real TMC” parliamentary group.According to PTI, rebel MP Jagadish Chandra Barma Basunia said the dissident faction had already submitted a representation to the Speaker and would formally stake its claim…

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Metaplanet acquires Siiibo Securities in $13.1m deal to advance Bitcoin strategy

Metaplanet (3350) acquired Siiibo Securities, a Tokyo-based Type I Financial Instruments Business Operator, in a deal valued at approximately 2.1 billion yen ($13.1 million), the Japanese bitcoin treasury company announced on Friday. Following the completion of the transaction, Siiibo Securities will become a wholly owned subsidiary, renamed Metaplanet Securities. The acquisition marks the first major…

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Pakistan eyes higher donkey meat, other related products export to China

Pakistan is looking to expand exports of donkey meat and other donkey-derived products to China, where demand is being driven by the perceived “nutritional and medicinal properties” of such products, according to the Pakistan Economic Survey 2025-26 as reported news agency PTI.The survey, released on Thursday by finance minister Muhammad Aurangzeb, identified donkey meat exports…

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SpaceX share listing: Analysts predict $2 trillion evaluation for Elon Musk led space firm

SpaceX’s Wall Street debut is just hours away, and investors are betting that Elon Musk‘s aerospace empire could be worth more than $2 trillion once it starts trading publicly. According to shadow and prediction markets, there is strong excitement surrounding the aerospace giant ahead of one of the most closely watched stock market listings in…

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US diplomat summoned again: MEA lodges protest against attacks on ships in Hormuz with Indians on board | India News

US navy’s footage of attack on MT Jalveer NEW DELHI: The ministry of external affairs (MEA) summoned the US Chargé d’Affaires Jason Meeks for the 2nd time in a week to lodge a protest against repeated attacks on commercial ships off the Oman coast with Indians on board.This comes a day after Guinea-Bissau-flagged oil tanker…

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Why is stock market rallying today? BSE Sensex rises over 1,500 points, Nifty50 back above 23,500 – top reasons for rise

Stock market rally today (AI image) Stock market today: Nifty50 and BSE Sensex rallied strongly in trade on Friday on hopes that the US and Iran will be able strike a peace deal. The Sensex soared more than 1,500 points, while the Nifty50 reclaimed the 23,500 mark. The sharp rally boosted the cumulative market capitalisation…

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