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Knowledge Nugget: CPI vs WPI and Inflation basics for UPSC preparation
At 3.4%, the March inflation rate, as measured by the Consumer Price Index (CPI), is only slightly higher than February’s 3.21%. How does the CPI differ from the Wholesale Price Index (WPI)? In Beyond the Nugget, learn about the Index of Eight Core Sector Industries.
Vietnam Ready to Act to Stabilize Dong, Will Boost Liquidity
Vietnam’s central bank said it’s prepared to intervene to ensure stability in the foreign exchange market, vowing to also contain inflation and improve liquidity issues facing the banking system.
OPEC+ countries’ output down by 8.14 mbd in March, behind target — IEA
Production by all OPEC+ countries fell to 35.24 mbd in March
Chinese Tire Venture Service Long Files for Record Pakistan IPO
Service Long March Tyres Ltd., Pakistan’s largest manufacturer of all-steel radial tires, has filed for an initial public offering next month that could be the largest private-sector listing in the nation’s history.
Treasuries Climb as Oil Prices Drop on Iran Peace Deal Optimism
Treasuries advanced and oil prices retreated, fueled by optimism that progress is being made toward a US-Iran peace deal.
Nepal’s trekking trade looks east as Iran war disrupts Western tourist flow
Nepal’s tourism industry is scrambling to offset a sharp fall in Western visitors during the peak spring trekking season, with operators and officials turning their attention to Asia-Pacific markets as conflict-linked travel disruptions ripple through the Middle East. Arrivals from the Americas and Europe, which account for a sizeable share of Nepal’s higher-spending long-haul tourism business, dropped by nearly 25 per cent and 19 per cent, respectively, during March compared with the same...
Private Jet Company Bond Ups Bombardier Commitment to $5 Billion
Private jet company Bond is expanding its commitment with Bombardier Inc. to about $5 billion, betting ultra-wealthy travelers will pay a premium for a club-style experience in the sky.
One of the most prominent investors in the Trump family's crypto company is now criticizing it
Business NewsOne of the most prominent investors in the Trump family's crypto company is now criticizing itJustin Sun, who said he has pledged $75 million to World Liberty Financial, accused the company of building a "trap door." World Liberty has denied any wrongdoing.Listen to this article with a free account00:0000:00Eric Trump, executive vice president of the Trump Organization, at the Bitcoin Asia conference in Hong Kong in August.Chan Long Hei / Bloomberg via Getty Images fi...
China Evergrande’s billionaire boss pleads guilty to fraud
Hui Ka Yan expresses remorse in trial proceedings after collapse of world’s most indebted property developerBusiness live – latest updatesA former steelworker who rose to become one of China’s richest people has pleaded guilty to charges including fundraising fraud after the collapse of Evergrande, the world’s most indebted property developer.The property group’s founder, Hui Ka Yan, “pleaded guilty and expressed remorse” in trial proceedings at a court in China’s southern city of Shenzhen again...
Russia’s oil exports up to 7.13 mbd in March, revenues nearly double — IEA
Oil deliveries increased by 270,000 barrels per day in March, while supplies of petroleum products added 50,000 bpd
IMF lowers Pakistan's economic growth forecast to 3.5%, inflation to 8.4% for next fiscal year
The International Monetary Fund (IMF) on Tuesday lowered Pakistan’s economic growth forecast to 3.5% and increased inflation projection to 8.4% for the next fiscal year due to the Middle East conflict, as it does not see any major adverse impact of the war this year. In its flagship World Economic Outlook (WEO) report, the IMF also cut the global growth forecast for two years, basing its projections on $100 per barrel to $120 per barrel oil prices in adverse and severe war case scenarios....
Fuel costs push Spanish inflation to 21-month high
InternationalFuel costs push Spanish inflation to 21-month highBy AFP -Apr 14, 2026Spanish inflation jumped to a 21-month high of 3.4 percent in March as the Middle East war caused fuel prices to spike, revised data showed on Tuesday. Transport costs increased 5.3 percent year-on-year due to higher prices for fuel and lubricants for personal vehicles, statistics office INE said in a statement, revising upwards a preliminary March inflation estimate of 3.3 percent. Read Also: Spain’s Sanchez call...
Petrol, diesel losses: What oil firms are losing amid Hormuz supply squeeze
India's state-run oil companies are incurring significant losses, estimated at Rs 18 per litre on petrol and Rs 35 on diesel, due to unchanged retail prices amidst volatile global crude oil prices. Despite a government excise duty cut, these firms continue to face mounting financial strain, with potential price hikes anticipated post-state elections.
What to Expect From JPMorgan, Citi After Goldman's Bond-Trading Miss
Bloomberg's Charlie Wells looks ahead to today's reports from JPMorgan Chase & Co. and Citigroup Inc. after Goldman Sachs Group Inc. reported a surprise drop in bond-trading revenue on Monday. (Source: Bloomberg)
IEA Says Gulf Can Resume Half of Shut Oil Fields Weeks After War
Top Arab Gulf oil producers can return half of shut fields to prewar levels of production within two weeks once transits through the Strait of Hormuz resumes, the International Energy Agency said.
German Solar Boom Saves Nine LNG Cargoes to Ease Iran War Shock
German solar power generation is set to surge this summer, helping to shield Europe from some Iran war fallout as it curbs demand for liquefied natural gas imports.
IEA slashes oil demand and supply view as Iran war rattles markets: Report
IEA slashes oil demand and supply view as Iran war rattles markets Report
Housing purchased under Far Eastern Mortgage program hits record in 2025
Over the program's term, more than 198,000 families and professionals have purchased or built their own homes in the Far East and the Arctic using preferential loans
Aluminum Market Faces Two Million Tons Deficit, ING Says
Aluminum jumped to a four-year high in London as US President Donald Trump’s blockade of Iranian ports thr eatened more disruptions to shipments from the Persian Gulf. The supply issues are "here to stay," ING strategist Ewa Manthey tells Bloomberg Television. "Even if the conflict ends tomorrow, bringing that capacity back to the market can take six and up to 12 months," she adds. (Source: Bloomberg)
Barents Sea ice period almost one month shorter over recent 40 years — scientist
Alexey Tolstikov added that warming processes in the Arctic are faster than elsewhere