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NEW DELHI: The conflict in West Asia, along with disruption in supply chains and higher oil prices may result in India’s growth being hit by 15-40 basis points (bps) next financial year (2026-27), with inflation too expected to accelerate if the tension persists for a few more weeks, economists said.Rajani Sinha, chief economist, CARE Ratings…
NEW DELHI: : WPI inflation inched up in Feb, led by rise in food and mineral product prices. Experts said elevated energy prices triggered by West Asia conflict could exert upward pressure. Inflation, as measured by wholesale price index rose annual 2.1% in Feb, higher than previous month’s 1.8%. Source link
Stablecoins have moved from crypto niche to an institutional priority, but the next phase of adoption will depend on infrastructure, privacy and real-world usability, executives from MoonPay, Ripple and Paxos said at Consensus Miami 2026. Richard Harrison, MoonPay’s vice president of banking and payment partnerships, said traditional finance firms are entering stablecoins faster because regulation…
NEW DELHI: Things are heating up in Delhi with TMC on Tuesday fielding its senior leaders Kalyan Banerjee and Kirti Azad to take on dissident MPs and questioning the claim made by rebel MP Kakoli Ghosh Dastidar of having support of 20 MPs and to have written to Lok Sabha Speaker Om Birla seeking recognition…
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SAN FRANCISCO: In a move to “democratise” artificial intelligence (AI) and making it accessible to everyone, Microsoft has teamed up with OpenAI, a non-profit AI research organisation co-founded by Elon Musk. OpenAI is the $1 billion project co-founded by Tesla CEO Musk, US-based startup incubator “Y Combinator” President Sam Altman and others. …
Saudi Aramco Achieves 70% Local Content Milestone in Supply Chain, Boosting Saudi Vision 2030 Saudi Aramco, the world’s largest integrated energy and chemicals company, has announced a major breakthrough in its In-Kingdom Total Value Add (iktva) programme by achieving a 70% local content benchmark in its supply chain, a milestone that underscores the Kingdom’s push…
The Personal Consumption Expenditures (PCE) price index, the US Federal Reserve’s preferred inflation gauge, rose 4.1% in the 12 months through May, up from 3.8% in April, data released by the Commerce Department’s Bureau of Economic Analysis showed on Thursday. US inflation accelerated above the 4% mark for the first time in three years in…
