Onam demand pushes coconut oil prices to Rs 260/kg
Coconut oil wholesale prices have risen to Rs 260 a kg in Kerala, driven by Onam festival demand after months of subdued rates. Copra prices also climbed to Rs 168 per kg…
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US 10-year bond auction yields hit highest since 2007
The US Treasury sold $42 billion in 10-year notes at a yield of 4.683% on Wednesday, the highest since the 2007-08 global financial crisis. The auction drew decent demand, with the yield…
US accuses India of helping China evade tariffs, weighs penalties
The White House is considering anti-transhipment penalties against India, accusing New Delhi of helping Chinese goods bypass US tariffs. Washington claims it is losing $19 billion to $26 billion annually through this…
Congress, AAP slam Modi govt over third fuel price hike
Petrol and diesel prices were hiked by 87 to 91 paise per litre on Saturday, the third increase in nine days. The cumulative rise now stands at nearly Rs 5 per litre…
Social Security 2027 COLA forecast between 3.4% and 3.6%
New US inflation data suggests the 2027 Social Security cost-of-living adjustment (COLA) will be between 3.4% and 3.6%. Analysts tracking the figures have issued varying estimates: Mary Johnson projects 3.4%, the Senior…
Consumer durable makers pass higher input costs to buyers
TTK Prestige, Stove Kraft and Hawkins Cookers have passed higher input costs to consumers, raising prices on kitchen appliances and cookware. The Hindu Businessline reports that aluminium, metals, plastics and packaging costs…
Edible oil prices rise 12-15% on West Asia crisis, imports steady
Edible oil prices in India have risen 12-15% over the past year due to the West Asia conflict, higher freight costs and a weaker rupee, according to industry data. The government told…
Sensex sinks 650 points, Nifty near 24,250; investors lose Rs 3 lakh crore
The Sensex crashed 650 points to 77,498 and the Nifty fell 200 points to 24,266 in intraday trade on Wednesday, August 12, before recovering slightly to close at 77,966 and 24,435 respectively.…
India retail inflation hits 19-month high of 4.45% in July
India's retail inflation rose to 4.45% in July, a 19-month high, driven by higher food and fuel prices, according to official data released on 12 August. The reading breached the Reserve Bank…
McDonald’s stumbles as rivals win fast-food value war in India
McDonald's is losing ground in India as rivals such as Burger King, KFC, and local chains win the value war, ndtvprofit.com reports. For two years, value meals and promotions have been the…
