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Economic Buzz: World Bank cuts global growth forecast for 2026 to 2.5%

Mumbai, June 12 -- The World Bank has cut its global growth forecast for 2026 to 2.5%, saying that the slowdown is the worst hit to the global economy since the COVID-19 pandemic as soaring energy pri... Read More


Oil slides below $87 on hopes of US-Iran peace deal

Mumbai, June 12 -- Crude oil prices tumbled to their lowest level in nearly two months on Friday as optimism over a potential US-Iran peace agreement eased fears of supply disruptions in the Middle Ea... Read More


India's growth forecast for fiscal 2027 seen at 6.6%, says World Bank

Mumbai, June 12 -- The World Bank expects India's growth to moderate in fiscal year 2026-27, citing the impact of higher energy prices and rising input costs stemming from the ongoing conflict in the ... Read More


Procter & Gamble Hygiene announces change in senior management

Mumbai, June 12 -- Procter & Gamble Hygiene and Health Care announced that Mohit Pradhan will be appointed as Vice President and Category Leader for Feminine Hygiene Business, effective 01 August 2026... Read More


Economic Buzz: German inflation down to 2.6% in May

Mumbai, June 12 -- The annual inflation rate in Germany reached 2.6% in May, the Federal Statistical Office (Destatis) confirmed in its final report released on Friday. The figure came in lower compar... Read More


MCX Morning Wrap: Base metals gain modestly

Mumbai, June 12 -- Base metals edged up modestly today. MCX Copper futures for June are trading at Rs 1334.40 per kg, up 0.71% on the day after hitting highs around Rs 1340 per kg. MCX Aluminum future... Read More


Benchmarks trade higher; consumer durables shares jump

Mumbai, June 12 -- The domestic equity indices traded with strong gains in early afternoon trade supported by easing geopolitical tensions in West Asia, which boosted investor sentiment and risk appet... Read More


Economic Buzz: UK trade deficit at 9.9B in three months to April

Mumbai, June 12 -- The United Kingdom's trade deficit in goods and services widened by £7.7 billion on a quarterly basis to reach £9.9 billion in the three months to April, the Office for Na... Read More


Tata Motors Passenger Vehicles to hike prices by up to 1.5% from July 1 2026

Mumbai, June 12 -- The company said the price revision has been necessitated due to rising input costs and continued inflationary pressures. It added that while a significant portion of the cost incre... Read More


Economic Buzz: UK industrial production growth remain flat in April

Mumbai, June 12 -- Production output in the United Kingdom was unchanged in April compared to the previous month, the Office for National Statistics revealed in its report on Friday. According to the... Read More