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SHOCKING: 54 - You Need To See This

Which European economies are growing the fastest in 2026?

The eurozone has slowed sharply, expanding just 0.8% year-on-year in the first quarter of 2026. Yet three economies are growing several times faster than the bloc as a whole.

Euronews

Indian rupee hits record low as outflows, oil strain worsen rout

The energy shock from the prolonged U.S.-Iran war ‌that has effectively ⁠shut ⁠the Strait of Hormuz has hurt India's macroeconomic outlook and strained its current account balance. Economists have lowered their growth forecasts, raised inflation projections and warned of sustained pressure on the rupee.

The Economic Times

Stock Index Futures Gain as Tech Stocks Rebound, U.S. PPI Data and Trump-Xi Summit in Focus

June S&P 500 E-Mini futures (ESM26) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.79% this morning, buoyed by gains in technology stocks, while investors gear up for crucial U.S. producer inflation data and the highly anticipated Trump-Xi summit.

Barchart

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CPI Report Shows Inflation Surge Spreading Beyond Energy: Food, Rent and Services Climbing Too

Energy costs remain a major driver of inflation, but the April report showed increases across housing, groceries, household goods, jewelry, footwear, and services as well.

International Business Times

What should you do with your gold investments as gold import duty increases to 15%?

Gold prices surged after the government raised gold import duty from 6% to 15%, impacting MCX, IBJA rates, ETFs, and jewellery retailer prices. Experts advise existing investors to hold gold as a hedge against inflation and global uncertainty, avoiding panic selling. New investors should opt for staggered buying instead of…

The Economic Times

Silver rate today: Silver prices surge across IBJA, MCX, MMTC-PAMP after import duty on white metal increased

Silver prices saw a significant jump on May 13, 2026. This surge followed the government's decision to increase customs duty on silver imports. Global geopolitical tensions and inflation worries also contributed to the price rise. Experts predict higher domestic prices and potential impact on consumer demand. The duty hike aims…

The Economic Times

Tax cuts collide with inflation as voters weigh Trump's economy in the midterms

Voters in North Carolina face a tough economic choice. While tax cuts aim to boost incomes, rising prices for rent, food, and fuel are a major concern. This financial tug-of-war is shaping how people view the upcoming midterm elections. Candidates Roy Cooper and Michael Whatley offer contrasting economic visions.

The Economic Times

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Trump shrugs off rising inflation as war deepens economic spiral

The bottom is falling out on Trump's signature issue.

Axios

'You're a Stupid Person': Trump's 'Grandpa' Meltdown With Female Reporters Goes Viral

President Trump clashed with female reporters over White House spending and inflation, sparking viral memes and criticism of his combative style.

International Business Times UK

Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra

India faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility due to rising energy import costs and inflation risks. The government has already reduced duties and state refiners are absorbing losses. Prime Minister Modi urged citizens to conserve fuel. Oil…

The Economic Times

Bitcoin holds above $80K despite hot US inflation data, signalling strong buyer confidence

Bitcoin held above the $80,000 mark despite hotter-than-expected U.S. inflation data, reflecting resilient investor sentiment in the crypto market. While Ethereum and select altcoins traded lower, analysts highlighted improving on-chain activity, institutional inflows and active buyer support, even as macroeconomic uncertainty and interest rate concerns kept broader market sentiment cautious.

The Economic Times

Rising duties may cut India’s gold imports sharply: Mohammed Imran

India's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will cool demand, reduce imports, and push domestic gold prices higher, potentially impacting jewellery and ETF investments. Meanwhile, silver is poised to benefit from global supply deficits and disruptions.

The Economic Times

Fuel price pass-through needs monitoring as weather risks also posing pressure on inflation: BoB report

Rising fuel prices and weather uncertainties could push India's inflation higher in FY27, despite current low CPI levels. Bank of Baroda warns that global energy costs impacting food prices, coupled with domestic weather challenges like heatwaves and El Nino, necessitate close monitoring of food inflation. Core inflation remains stable, but…

The Economic Times

Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

MyLifeXP

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The Economic Times

West Asia crisis yet to impact inflation, but fuel prices pass-through to shape outlook: Report

India's retail inflation remains stable despite global tensions. Future price trends will depend on fuel price pass-through and summer crop coverage. Imported inflation has slightly eased. Restaurants and accommodation saw price rises due to LPG shortages. Softening gold and silver prices helped ease personal care inflation. Retail inflation is under…

The Economic Times

Harvard University may limit number of A grades awarded to students

Harvard University faculty are voting on a proposal to limit A grades to 20% of students, aiming to curb grade inflation. This move, driven by concerns over declining academic standards and political attention, could influence other elite institutions. While supporters cite a devaluation of academic achievement, students strongly oppose the…

The Independent UK

Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockade

The struggles of Iran's economy are testing its ability to withstand the war and defy Washington’s demands

The Economic Times

US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April data

Chicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving in an unfavourable direction. He noted inflation remains sticky despite a stable labour market, reinforcing caution among policymakers as the Federal Reserve continues to assess its rate path amid mixed economic…

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The Economic Times

Global Market: OECD sees Bank of Japan raising rates to 2% by 2027 amid inflation shift

Japan's central bank might increase interest rates to two percent by late 2027. This move signals confidence in Japan's economy moving past decades of low inflation. Stronger wages and consumer demand allow for gradual borrowing cost hikes. The Bank of Japan is also expected to reduce bond purchases. This shift…

The Economic Times

Silver jumps Rs 17,000/kg, gold soars to Rs 1.62 lakh/10g after centre hikes import duty. What should investors do?

Gold and silver prices surged on MCX after the government hiked customs duty on precious metal imports to 15%. This led to significant jumps in July 2026 silver futures and June 2026 gold futures. The move follows a rise in U.S. consumer inflation, impacting global market sentiment and reducing expectations…

The Economic Times

How can you make Rs 1 crore retirement corpus from PPF investment?

The PPF maturity period is 15 years, after which, you can continue your PPF account with or without contributions. PPF provides a 7.1% interest rate, which is reviewed quarterly. But if we assume that the interest rate won’t change, your PPF investment can help you build a Rs 1.03 crore…

The Economic Times

Dollar near one-week high as hot U.S. inflation fans Fed hike bets, peace talks stall

Global markets felt the heat as a surprising U.S. inflation surge boosted Treasury yields, weakening the euro and sterling. Rising oil prices, fueled by Middle East tensions, further dampened investor sentiment. The U.S. dollar index held firm, reflecting a cautious risk appetite as equity markets lacked upward momentum. Meanwhile, the…

The Economic Times

Gold steady with US-China summit, MidEast developments in focus

Gold prices remained stable in early Asian trade. Investors are awaiting a key U.S.-China summit in Beijing. Developments in the Middle East conflict are also being closely watched. U.S. President Donald Trump commented on the Iran war. Oil prices saw a dip. U.S. consumer inflation increased. India has raised import…

The Economic Times

Trump says stopping Iran's nuclear program outweighs Americans' economic pain

President Trump stated that Americans' financial struggles are not a factor in his decision-making regarding Iran, emphasizing that preventing Tehran from acquiring a nuclear weapon is his sole priority. This stance comes as rising energy costs linked to the conflict contribute to inflation and voter concerns ahead of the midterm…

The Economic Times

Global Market Today: Asian stocks track Wall Street lower on US CPI

Asian stocks declined as US inflation accelerated, influenced by rising oil prices following the conflict in Iran. This prompted an increase in Treasury yields and boosted bets on a Federal Reserve rate hike in 2027. Elevated oil prices and inflation risks now threaten the recent equity rebound, particularly impacting chipmakers.

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