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10 results for “August”

RBI Rate Hike Debate: Inflation and crude fuel calls for October move; but what about growth costs?
Business · Finance

RBI Rate Hike Debate: Inflation and crude fuel calls for October move; but what about growth costs?

To begin with, the inflation trajectory, at least until now, has largely tracked the RBI's own projected path. Unless crude prices durably reset the RBI's forward expected inflation trajectory, it is difficult to justify a hike now that the RBI itself did not deem necessary when it published its August projections…

Source: The Times of India
Nifty Target Slashed To 24,000 As India-US Yield Spread Hits 22-Year Low: Nomura Bets On IT, Banks
Business · Markets

Nifty Target Slashed To 24,000 As India-US Yield Spread Hits 22-Year Low: Nomura Bets On IT, Banks

The benchmark Nifty has weathered persistent volatility since crude oil surged past $100 per barrel in early August 2026. However, Nomura highlighted that the nature of market weakness has shifted fundamentally across two distinct sell-off phases.

Source: NDTV
SGX Loses $4.2 Billion in Value as Analysts Balk at Valuation
Business · Markets

SGX Loses $4.2 Billion in Value as Analysts Balk at Valuation

Shares of Singapore Exchange Ltd. slipped on Monday, extending a slump that’s erased about $4.2 billion in market value since an August peak on rising concern over lofty valuations.

Source: Mint
Iran’s Oil Minister resigns, no reason given
World · Middle East

Iran’s Oil Minister resigns, no reason given

Mohsen Paknejad has been the Oil Minister of the ​OPEC member country ‌since August 2024

Source: The Hindu
FPIs turn net sellers, pull out ₹35,860 crore in September
Business

FPIs turn net sellers, pull out ₹35,860 crore in September

The outflows came after FPIs invested ₹20,200 crore in Indian equities in July and ₹29,630 crore in August

Source: The Hindu
Brydon Carse charged by Cricket Regulator following Derby nightclub incident
Sports · Cricket

Brydon Carse charged by Cricket Regulator following Derby nightclub incident

England and Durham seamer faces sanction in wake of incident in August

Source: ESPNcricinfo
Fed's Lisa Cook sees AI inflationary push as a top 2027 risk
Technology · AI

Fed's Lisa Cook sees AI inflationary push as a top 2027 risk

Cook joined a unanimous vote last month at the Fed to raise the policy rate by a quarter of a point to support a "timelier" return of inflation to the Fed's 2% goal. Inflation by the Fed's targeted measure was 3.4% in August and has been above the goal for more than 5-1/2 years.

Source: The Economic Times
The U.S. added only 29,000 jobs in September as job market lacks spark
Business

The U.S. added only 29,000 jobs in September as job market lacks spark

U.S. employers added 29,000 jobs in September as the unemployment rate inched up to 4.2%. Job gains for July and August were revised down by a total of 60,000 jobs, extending a lackluster run for the job market.

Source: NPR
Power demand overshoots government’s projection by 3.3% in April-August
Business

Power demand overshoots government’s projection by 3.3% in April-August

Source: The Indian Express
Eye on festive demand as manufacturing drives August industrial output 8% higher
Business

Eye on festive demand as manufacturing drives August industrial output 8% higher

Source: The Indian Express