The persistence and sustainability of high oil prices will play a key role in shaping the scale of the economic impact on countries. (AI image) Inflation at a benign 2.2% and growth at 8.0% in the first half of 2025-26 present a rare goldilocks period – that’s what RBI governor Sanjay Malhotra said in the…
NEW DELHI: India and Pakistan on Thursday exchanged, through diplomatic channels, the list of nuclear installations and facilities covered under the Agreement on the Prohibition of Attack against Nuclear Installations and Facilities, the ministry of external affairs said.The exchange took place simultaneously in New Delhi and Islamabad, in keeping with the provisions of the bilateral…
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Domestic flight ticket prices showed some relief on Monday after the government imposed temporary caps, bringing a breather to passengers who were hit by unprecedented fare hikes following IndiGo’s mass flight disruptions.Airfares had surged to never-seen-before levels on Friday when IndiGo cancelled more than 1,000 flights. A one-way one-stop economy-class SpiceJet Kolkata–Mumbai ticket for 6…
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NEW DELHI: The Supreme Court on Thursday put on hold the University Grants Commission’s (UGC) Promotion of Equity in Higher Education Institutions Regulations, 2026, restoring the older 2012 framework for the time being. The court said the new rules suffer from vagueness, particularly in how caste-based discrimination is defined, and warned they could be misused.With…
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Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, offered a blunt take on digital assets, arguing that cryptocurrencies, including bitcoin BTC$67,255.75 and stablecoins, have yet to prove real utility. Speaking at the 2026 Midwest Economic Outlook Summit in Fargo, North Dakota on Thursday, he contrasted the everyday utility of artificial intelligence (AI) tools…
The momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks. Source link
People watch performances to welcome the ‘God of Wealth’ during Lunar New Year festivities at Qianmen Street in Beijing, China, on February 21, 2026. Nurphoto | Nurphoto | Getty Images BEIJING — China’s consumer market is recovering — just enough that policymakers likely won’t need to roll out the large-scale stimulus that investors have long…
