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World Bank's Ajay ​Banga sees some degree of lower growth, higher inflation due to war

Ajay Banga, World Bank President, forecasts slower global economic growth and higher inflation due to the Middle East conflict. The World Bank is prepared to provide billions in emergency funding to affected nations. The impact's severity and duration depend on energy market disruptions. Banga advised countries against unsustainable subsidies. Finance officials will discuss support measures at upcoming meetings.

from News-Economic Times https://ift.tt/QG9XCL8

Goldman Sachs fund sells Cello World shares worth Rs 55 crore via bulk deals

Goldman Sachs sold over 13.82 lakh shares of Cello World via a Rs 55 crore bulk deal at Rs 401 apiece. The stock remained steady despite the transaction but has underperformed over the past year. The company reported flat revenue and a decline in profit in its December quarter results.

from Stocks-Markets-Economic Times https://ift.tt/wHVtdhO

‘War for California begins’: Trump's ‘total endorsement’ to Steve Hilton in a race thrown wide open



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IPL 2026: I will let my bat do all the talking, says LSG skipper Rishabh Pant

Rishabh Pant led Lucknow Super Giants to a thrilling five-wicket win against Sunrisers Hyderabad. Pant remained unbeaten on 68, anchoring the chase. He emphasized the importance of internal team recognition over external criticism. The bowlers set up the victory with disciplined efforts. The team aims to learn and improve with each match.

from News-Economic Times https://ift.tt/0cqA68f

Recep Tayyip Erdogan, Volodymyr Zelensky discuss energy security, peace efforts

The two leaders had discussed relations between the countries, "peace efforts in the Russia-Ukraine conflict, and regional and international developments", it added. Zelensky said they had discussed "steps to implement joint projects in developing gas infrastructure, as well as opportunities for joint development of gas fields".

from News-Economic Times https://ift.tt/LFbrWwZ

Is US–Iran war heading toward prolonged escalation? Despite bombing, Iran retains massive arsenal: Missile launchers intact, drones ready - intel warns of havoc

US–Iran war: Iran still holds nearly half its missile launchers intact after sustained US-Israel airstrikes. Intelligence reports confirm thousands of attack drones remain fully operational across multiple bases. Underground missile storage and mobile launch platforms continue evading precision targeting efforts. Coastal cruise missiles still threaten vital oil routes in the Strait of Hormuz. IRGC naval forces maintain asymmetric warfare readiness in Gulf waters. Attacks on US forces dropped sharply, signaling strategic restraint, not weakness. Analysts warn destruction timelines are longer than expected. Regional escalation risks remain high. The real question now—what happens if Iran decides to strike back harder?

from News-Economic Times https://ift.tt/SYEubLf

Oil prices surge 56% on U.S.-Iran tensions: Will Brent crude hit $140 or crash below $100 amid global market volatility? Here’s current oil and gas price analysis, latest market movement, and global energy outlook

Oil prices have surged over 56% in just one month, the fastest jump in years. Brent crude hit $109 per barrel, its highest since 2022, as U.S.-Iran tensions escalate. President Trump’s threats against Iranian oil infrastructure and Kharg Island intensified market fears. West Texas Intermediate also jumped above $110, signaling global supply risk. Rising oil prices are pushing petrol and diesel to record highs, fueling inflation and increasing household costs worldwide. Analysts warn markets now price in longer-term disruptions. This sharp climb in oil prices may reshape energy costs, inflation trends, and global economic stability in 2026.

from News-Economic Times https://ift.tt/1kbqvX8