Karen Petrou, Influential Fiscal Policy Analyst and Critic, Dies at 72
Her insights on financial regulations and monetary policy guided big banks and Washington policymakers. Source link
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Rupee hits all-time low: Currency falls 53 paise to close at 92.35 against US dollar
The rupee slumped to a record closing low of 92.35 (provisional) against the US dollar on Monday, losing 53 paise during the session amid a sharp spike in global crude oil prices and a strengthening US currency as tensions escalated in the Middle East, reported new agency PTI.Forex traders said heavy foreign fund outflows and…
How the Iran War Could Hit Americans’ Wallets
Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned. Source link
‘Will remove some oil sanctions’: Donald Trump as crude prices soar amid Iran war
US President Donald Trump on Tuesday said that he would remove “some oil sanctions” to reduce the soaring prices as the crude cost hit $100 a barrel amid Iran war.“We’re also waiving certain oil-related sanctions to reduce prices,” he said addressing reporters. “We’re going to take those sanctions off till this straightens out,” he added.Moreover,…
Fashionable Wall Street Bros Set Off a Social Media Storm
They said yes to an Interview magazine fashion shoot. Then came the haters. Source link
Middle East crisis: Oil tops $100, nears 4-year high as Saudis cut production
Oil prices surged to $120 a barrel before retreating to $102 Monday as Saudi Arabia was reported to be cutting output, adding to the supply squeeze due to disruption in the Strait of Hormuz.Finance ministers of developed G7 nations, who met Monday evening, deferred plans to tap their strategic reserves to cool down the global…
U.S. Reaches Tentative Deal Ending Prosecution of Turkish Bank
Court papers submitted as part of the agreement with Halkbank, which was accused of doing business with Iranian entities, said Turkey’s assistance “was instrumental” in the Israel-Hamas cease-fire. Source link
Outdated job rules on women could slow India’s growth as it ages
Mumbai: India must increase women’s labour force participation to sustain high growth over the next decade as labour availability could become a key constraint, according to a report by Axis Bank.According to the report `The Missing Half, India is likely to age much faster before it becomes wealthy because of a sharp decline in fertility…
An Amish Avatar and an A.I. Monk Are Pitching Supplements on Social Media
Influencers have long hawked supplements on platforms like Instagram and TikTok. Increasingly, the influencers are fake. Source link
Karnataka suspends online sale of Mysore silk saris as orders surge
BENGALURU: Karnataka govt has suspended online sales of Mysore silk saris after surging orders outstripped supply of the GI-tagged weave made with pure mulberry silk, gold zari and silver threads. State-owned Karnataka Silk Industries Corporation will prioritise limited stocks for buyers visiting its exclusive outlets.Sericulture minister K Venkatesh made the announcement in the assembly on…