US inflation rises to highest level in nearly 3 years The consumer price index increased 4.2% in the 12 months through May, boosted by surging prices for energy products amid the West Asia conflict, and giving more ammunition for the Federal Reserve to keep interest rates unchanged into 2027. This was the largest gain since…

India’s cooking gas consumption saw a sharp decline in March, with LPG usage falling 13 per cent year-on-year due to supply disruptions linked to the ongoing Middle East conflict, according to official data.LPG consumption stood at 2.379 million tonnes in March, down from 2.729 million tonnes in the same month last year. The decline comes…

Precious metals gold and silver could remain under pressure in a holiday-shortened trading week as markets react to developments around US-Iran peace talks, movements in crude oil prices and key global central bank policy decisions, analysts said. According to analysts, sentiment in precious metals is expected to be shaped largely by geopolitical and macroeconomic triggers…