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Saturday, 15 August 2026

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Economy

US Construction Spending Exposes a Deepening Investment Divide

New Delhi: “We’ve become used to it – the constant headaches, the breathing problems,” says Mohammad Irfan, an e-rickshaw driver in Rohini, Delhi, summing up the fatigue many feel as the Air Quality Index (AQI) oscillat…

US Service Sector Remains Robust, but Hiring Weakness Persists

As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…

Gold rallies as Iran-US deal seems closer ahead of NFP

Gold (XAU/USD) price surges to its highest level in nearly seven weeks, gaining nearly 3.80% on Wednesday as the Greenback loses ground and US Treasury yields fail to gain traction. The XAU/USD pair trades at $4,232, it…

Indian Rupee: RBI stance and inflows support Rupee – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad reports USD/INR is firmer after recently testing a one‑month low, following the Reserve Bank of India’s (RBI) unanimous decision to keep its policy rate at 5.25% and maintain…

U.S. services sector growth edges higher in July - ISM

August 4, 2026, 3:46 AM EDT. LIC shares dropped almost 9% after the government launched an offer for sale (OFS) of up to a 6.5% stake, setting a floor price of Rs 382, representing an 11% discount from the prior closing…

Oil: Geopolitics test supply routes – BNY

BNY’s Geoff Yu reports Oil prices rose after the Houthis claimed a missile strike on a Saudi tanker near Yanbu, highlighting risks to alternative export routes while Strait of Hormuz disruptions persist. He notes Washin…

Artificial Intelligence Consortium minutes – June 2026

Co-chair David Geale welcomed attendees to the AI Consortium’s (AIC) fourth quarterly meeting, held at the FCA’s offices. Co-chair Sarah Breeden noted that the rapid pace of AI development in financial services undersco…