US mortgage rates hit over six-month high at 6.38% as borrowing costs rise in peak homebuying season

Borrowing costs for homebuyers in the US rose further this week, with the average long-term mortgage rate reaching its highest level in more than six months and adding pressure during the peak spring housing season.Mortgage buyer Freddie Mac said the benchmark 30-year fixed mortgage rate increased to 6.38% from 6.22% a week earlier. The rate…

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WTO reform push: India flags dysfunctional dispute system at MC14, seeks review of e-commerce duty moratorium

India on Thursday urged members of the World Trade Organisation (WTO) to restore a fully functional dispute settlement system, saying the current mechanism has deprived countries of effective redressal, PTI reported.Speaking on the opening day of the WTO’s 14th ministerial conference (MC14) in Yaounde, Cameroon, commerce and industry minister Piyush Goyal stressed the need to…

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Hardik Pandya wins hearts with promise kept, rewards Wankhede groundstaff | Cricket News

Hardik Pandya with MCA groundsmen NEW DELHI: Team India all-rounder and Mumbai Indians Hardik Pandya once again showed that his impact goes beyond cricket, winning hearts with a thoughtful gesture off the field. During his preparation for the T20 World Cup, Pandya spent long nights training at Mumbai’s Wankhede Stadium, often practising till almost midnight….

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Watch: Mohammed Shami’s latest act triggers big reaction from Justin Langer | Cricket News

Mohammed Shami’s earns plaudits from Justin Langer NEW DELHI: India’s veteran bowler Mohammed Shami is gearing up for IPL 2026 with strong determination, using the tournament as a chance to get back into India’s national team. Despite being 35 and currently out of selection, the fast bowler has regained fitness and is working hard in…

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BCCI unveils India’s 2026-27 home fixtures: 22 matches across 17 cities | Cricket News

Gautam Gambhir, Ajit Agarkar and Shubman Gill (Getty Images) NEW DELHI: The Board of Control for Cricket in India (BCCI) on Thursday announced the complete schedule for Team India’s international home season for 2026-27, unveiling a packed calendar featuring 22 matches across 17 cities.The upcoming season promises a wide-ranging contest with four visiting teams —…

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Energy shock from Middle East war may lift US inflation to 4.2% this year; OECD warns of weaker global growth

The escalation of the Middle East conflict could push US inflation to 4.2% this year–the highest among G7 economies– while also slowing global growth, the Organisation for Economic Cooperation and Development (OECD) has said, underlining the widening economic costs of the US-Israel war with Iran, the Financial Times reported.In its interim economic outlook, the Paris-based…

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