‘Inflation coming’: Rahul slams Centre over weak rupee; predicts when govt will hike fuel price

[ad_1] NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi slammed the BJP-ruled central government over falling rupee and called it “clear signs” that inflation was inevitable. He criticised the Centre’s “empty rhetoric” as the country faces economic restrain due to LPG shortage amid West Asia crisis. He claimed that petrol, diesel, and LPG […]

Keynesianism for beginners: Why is Elon Musk calling John Maynard Keynes a ‘demon’? |

[ad_1] Three hours ago, Elon Musk posted five blunt words: “Keynes was a demon.” He was responding to Balaji Srinivasan’s line that the end of Western Keynesianism would be bigger than the collapse of Soviet communism. It was not a viral moment or a market-moving event. It was something more revealing: a small window into […]

After prolonged cloudy spell, sun set to shine on FMCG companies; benign inflation, lower GST rates expected to lift nos

[ad_1] MUMBAI: After months of sluggishness, demand recovery is in sight for consumer goods companies, partly helped by GST cuts which drove down prices of a host of household essentials and left more money in the hands of shoppers. There have been some initial signs of revival on the ground already, firms said in their […]

‘Save your tears’: White House’s response to Ariana Grande’s anti-Trump voter message; credits prez for ending Biden’s inflation crisis

[ad_1] The White House went full pop-culture clapback mode, issued a fiery response to singer Ariana Grande after she reposted an anti-President Donald Trump message that targeted over 77 million voters who supported him. Grande, 32, reshared “A Bit Fruity” podcast host Matt Bernstein’s Instagram post on Sunday, which criticised voters who cast their ballots […]

Kuwait inflation alert: Consumer prices rise 2.39% in July 2025 amid climbing costs of essentials | World News

[ad_1] Consumer Price Index in Kuwait rose 2.39% year-on-year in July 2025/Image: File Kuwait’s consumer price index (CPI) recorded a significant increase of 2.39% in July 2025 compared to the same month the previous year, according to data from the Kuwait Central Statistical Bureau (CSB). The rise reflects inflationary pressure primarily driven by higher prices […]

How Oman kept 2025 inflation at 0.81%: Through subsidies, controlled imports, and stable food supply | World News

[ad_1] Oman’s overall inflation climbed modestly by 0.81% during January–May 2025/Representative Image TL;DR: Oman’s inflation rose by 0.81% in the first five months of 2025, compared to the same period in 2024. Import prices increased by 1.3%, producer prices by 4.1% in Q1. Food inflation declined slightly due to cheaper vegetables and seafood; highest price […]

US president slams Fed chief for not cutting rates

[ad_1] US President Trump renewed his criticism on Thursday of Federal Reserve chair Jerome Powell, complaining the Fed is refusing to lower interest rates. Trumpsaid cutting interest rates would be “like jet fuel” for the economy “but he doesn’t want to do it”. He said Powell is “not in love with me”. Fed this week […]

US Fed pauses rate cuts again says ‘great deal of uncertainty’ over Trump’s tariffs

[ad_1] File photo: US federal reserve chair Jerome Powell (Picture credit: AP) US Federal Reserve Chair Jerome Powell on Wednesday warned that US President Donald Trump’s escalating and uncertain tariff policies could force the central bank into a difficult position where its key objectives, low inflation and maximum employment, might come into conflict. “I think […]

Wall Street week ahead: Big tech results, jobs data, and inflation reports set stage for busy market week

[ad_1] The upcoming week will be a key test for the US stock market’s rebound, as investors watch major earnings reports from Apple and Microsoft, while global trade developments could add to market volatility.According to news agency Reuters, next week’s significant economic indicators include the US jobs data, first-quarter economic growth figures and inflation updates. […]

Trump administration ‘continues to study’ option to fire Fed chair Powell: White House

[ad_1] US President Donald Trump and his administration will “continue to study,” whether it’s possible to remove Federal Reserve chief Jerome Powell, his top White House advisor said on Friday.“The president and his team will continue to study that matter,” National Economic Council director Kevin Hassett told reporters, when questioned about the possibility of Powell’s […]