Wall Street moves towards all-time high as inflation moderates and oil prices drop

The latest wholesale inflation figures, coming a day after softer consumer inflation data, have reduced expectations of an imminent rate hike. US stock market today: Wall Street benchmarks moved closer to record territory on Thursday after fresh data suggested inflationary pressures continued to ease. Markets also found support from another decline in oil prices, extending…

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‘Scariest, Darkest space, very lonely’

Manisha Koirala was diagnosed with stage IV ovarian cancer in 2012. The actor had travelled to New York for treatment at Memorial Sloan Kettering Cancer Center, where she underwent surgery and chemotherapy. She completed her final chemotherapy session in April 2013 and was subsequently declared cancer-free. But in a recent interview, Koirala has opened up…

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What comes next for Fed, consumers

Wholesale prices in the US cooled in July, offering a welcome sign that inflation may be losing some momentum as lower energy costs helped ease price pressures.Data released by the labor department showed that the producer price index (PPI), which tracks prices received by producers before they reach consumers, increased 4.7% from a year earlier…

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Govt plans processing parks in 4 states; lithium and nickel in focus

Government plans processing parks in 4 states India’s critical mineral roadmap is advancing, with the government set to establish four dedicated critical mineral processing parks in Gujarat, Maharashtra, Andhra Pradesh and Odisha. The initial focus will be on building domestic processing capacity for lithium and nickel, mines secretary Keshav Chandra said on Thursday.The proposed parks…

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Parliament panel questions why rising capex in oil & gas sector is not leading to higher production

NEW DELHI: A parliamentary committee has questioned whether rising capital expenditure in India’s oil and gas sector is translating into higher domestic production, noting that crude oil output has continued to decline despite a sharp increase in investments.It has asked the petroleum ministry to submit a detailed report explaining how recent exploration reforms and newly…

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Delhi HC asks how far a famous family name’s reputation extends across generations, Abhishek Bachchan filed suit to protect her personality rights in 2023

Abhishek Bachchan and Aishwarya Rai Bachchan’s daughter and granddaughter of Amitabh Bachchan’s granddaughter has filed a case in the Delhi High Court seeking to stop the spread of fake and misleading information about her online. The case was filed after several YouTube videos made false claims about her health, including allegations that she was seriously…

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Sunny Deol’s performance holds strong impact, Preity Zinta is a joy to watch onscreen in this story of ‘resilience and human spirit’

Sunny Deol and Preity Zinta’s ‘Batwara 1947’ is set to arrive in cinemas on August 15, coinciding with Independence Day 2026. Directed by Rajkumar Santoshi and backed by Aamir Khan, the Partition-era drama features Shabana Azmi, Ali Fazal, Karan Deol and others in key roles.Ahead of its theatrical release, filmmaker Ramesh Taurani watched the film…

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