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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Stock market today (April 15, 2026): Nifty50 opens above 24,200; BSE Sensex rallies over 1,200 points as oil prices drop on US-Iran peace talks optimism

Stock market today (AI image) Stock market today: Sensex and Nifty50 rallied strongly in opening trade on Wednesday after optimism surrounding renewed US-Iran peace talks led oil prices to drop. While Nifty50 went above 24,200, BSE Sensex rose over 1,200 points. At 9:17 AM, Nifty50 was at around 24,223.45, up 381 points or 1.60%. BSE…

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US oil tops $100 a barrel as Iran war rages; Donald Trump gives a ‘crude’ response: ‘very small price to pay’

Oil prices have climbed above $100 a barrel for the first time in more than three and a half years as the escalating war involving Iran disrupts energy production and shipping routes across the Middle East. US President Donald Trump called it a “very small price to pay for world peace”.“Short term oil prices, which…

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Cabinet nod for Rs 9,072 crore railway multitracking plan to add 307 km network capacity

The Union cabinet has approved three railway multitracking projects worth Rs 9,072 crore aimed at expanding network capacity and easing congestion across Maharashtra, Madhya Pradesh, Bihar and Jharkhand, according to an official statement.The projects includes, Gondia–Jabalpur doubling, Punarakh–Kiul third and fourth line, and Gamharia–Chandil third and fourth line, will together add about 307 km to…

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4 golds! India women boxers dominate Asian Boxing Championships 2026 with 10 medals | Boxing News

India’s women’s boxing team delivered a standout performance (Photo by BFI) NEW DELHI: India’s women’s boxing team delivered a standout performance at the Asian Boxing Championships 2026, finishing at the top of the medal table with 10 medals, including four golds. It was a dominant showing, with every member of the squad returning home with…

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