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Fed Governor Christopher Waller Warns Interest Rates May Stay Higher for Longer Amid Stubborn Inflation
Posted inBusiness Insights

Fed Governor Christopher Waller Warns Interest Rates May Stay Higher for Longer Amid Stubborn Inflation

Federal Reserve Governor Christopher Waller warned on Wednesday that the central bank may need to hold interest rates at their current high levels for longer than expected, or potentially raise…
Posted by Prasenjit Bhowmik July 14, 2026
Elevation Capital Launches $500 Million Fund Dedicated to AI Startups
Posted inBusiness Insights

Elevation Capital Launches $500 Million Fund Dedicated to AI Startups

On Tuesday, prominent venture capital firm Elevation Capital officially launched a new $500 million investment fund dedicated entirely to early-stage artificial intelligence (AI) startups. Operating out of its key financial…
Posted by Prasenjit Bhowmik July 14, 2026
Proposed Strait of Hormuz Transit Fee Threatens to Double Global Shipping Costs
Posted inBusiness Insights

Proposed Strait of Hormuz Transit Fee Threatens to Double Global Shipping Costs

A proposed US transit fee on the Strait of Hormuz could double ocean freight rates and trigger a massive wave of global inflation.
Posted by Prasenjit Bhowmik July 14, 2026
From Streetside Treat to Premium Spirits: How Jamun is Redefining India's Craft Liquor Market
Posted inBusiness Insights

From Streetside Treat to Premium Spirits: How Jamun is Redefining India’s Craft Liquor Market

Discover how Indian craft distillers are transforming the humble jamun fruit into premium spirits to satisfy a demand for nostalgic local flavors.
Posted by Prasenjit Bhowmik July 14, 2026
Supreme Court Upholds India's Mining Royalty Formula, Rejecting Corporate Challenge
Posted inBusiness Insights

Supreme Court Upholds India’s Mining Royalty Formula, Rejecting Corporate Challenge

The Supreme Court of India on Tuesday upheld the Central Government's established formula for calculating mining royalties, dismissing a major legal challenge mounted by industrial conglomerate Kirloskar. The landmark ruling,…
Posted by Prasenjit Bhowmik July 13, 2026
Supreme Court Upholds PMC Bank Merger with Unity Small Finance Bank, Validating RBI Reconstruction Plan
Posted inBusiness Insights

Supreme Court Upholds PMC Bank Merger with Unity Small Finance Bank, Validating RBI Reconstruction Plan

The Supreme Court has cleared the merger of troubled PMC Bank with Unity Small Finance Bank to protect depositors and restore banking stability.
Posted by Prasenjit Bhowmik July 13, 2026
Global Oil Prices Surge as U.S. and Iran Trade Strikes Threaten Strait of Hormuz Shipping
Posted inBusiness Insights

Global Oil Prices Surge as U.S. and Iran Trade Strikes Threaten Strait of Hormuz Shipping

Global oil prices surged more than four percent on Tuesday after military forces from the United States and Iran traded retaliatory airstrikes in the Middle East. The sudden escalation of…
Posted by Prasenjit Bhowmik July 13, 2026
UAW President Shawn Fain Faces Federal Grand Jury Probe Over Retaliation Allegations
Posted inBusiness Insights

UAW President Shawn Fain Faces Federal Grand Jury Probe Over Retaliation Allegations

Get the latest details on the federal grand jury investigation into UAW leader Shawn Fain over allegations of retaliation and abuse of office.
Posted by Prasenjit Bhowmik July 13, 2026
Leadership Churn at Jindal Steel: CEO Gautam Malhotra Resigns, Rajiv Kumar Appointed Successor
Posted inBusiness Insights

Leadership Churn at Jindal Steel: CEO Gautam Malhotra Resigns, Rajiv Kumar Appointed Successor

Find out what lies ahead for Jindal Steel as CEO Gautam Malhotra resigns and Rajiv Kumar is appointed to lead the company through major restructuring.
Posted by Prasenjit Bhowmik July 13, 2026
Beyond the Fizz: FMCG Giants Race to Dominate India's Evolving Beverage Market
Posted inBusiness Insights

Beyond the Fizz: FMCG Giants Race to Dominate India’s Evolving Beverage Market

Discover how major FMCG brands in India are swapping sugary sodas for healthy and functional beverages to capture a rapidly growing wellness market.
Posted by Prasenjit Bhowmik July 12, 2026

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