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Economy

May 14, 2026 1:03 PM

WPI Inflation Surges to 8.3% on Higher Fuel, Crude Oil Prices

India’s wholesale price inflation rose sharply to 8.3 per cent in April 2026 on an annual basis, driven mainly by higher prices of mineral oils, crude petroleum and natural gas, basic metals and manufactured products, according to data released by ...

May 14, 2026 11:42 AM

Fed may have to hike to defend its credibility: Mike Dolan

Sitting out the oil shock may not be enough. The Federal Reserve may now have to prove it will act to meet its inflation target, much as its counterparts in Europe seem determined to do. Given what Wall Street forecasters currently think, that could ...

May 14, 2026 10:49 AM

Sensex, Nifty trade higher amid buying in pharma, banking stocks

Domestic equity markets traded higher on Thursday despite elevated oil prices and geopolitical tensions, with benchmark indices rising up to 0.7 per cent amid buying in pharma and banking shares in early trade. Sensex rose as much as 462 points or 0...

May 14, 2026 8:54 AM

Asian stocks rise on AI enthusiasm, focus on Trump-Xi summit

Stocks rose on Thursday, powered by AI fervour that pushed South Korea’s SK Hynix to the brink of joining the trillion-dollar club, while the spotlight was firmly on a high-stakes summit between U.S. President Donald Trump and China’s Xi Jinping....

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