The Government of India unveils a roadmap to shift fertilizer production toward greener processes reducing dependence on conventional high-emission chemical manufacturing.
Category: Business
RBI Monetary Policy Stance Likely to Stay on Hold as Inflation Hits Near 3.9% Close to Target
Goldman Sachs economists say limited space exists for further policy easing as India’s headline inflation approaches the Reserve Bank’s 4% target after 125bps of cuts.
India’s IIP Index Rises to 173.2 in March 2026 — Basic Metals Motor Vehicles Lead Manufacturing Growth
India’s Index of Industrial Production shows broad-based growth with 14 of 23 manufacturing industry groups recording expansion in the latest monthly reading.
UK Prime Minister Starmer Resignation Opens Policy Uncertainty for Sterling and Bond Markets
Andy Burnham’s expected succession to No. 10 Downing Street creates short-term political uncertainty though markets are reassured by his commitment to existing fiscal rules.
SpaceX’s AI Revenue From Colossus Data Center Begins Showing Up in Financial Disclosures
The merged SpaceX-xAI entity’s 220,000+ Nvidia GPU Colossus data center is generating AI compute revenue that now appears in the company’s post-IPO financial reporting.
OpenAI Targets $852 Billion to $1 Trillion Valuation for Its September IPO After Confidential Filing
OpenAI’s confidential S-1 filing with the SEC marks the formal start of what could be the largest technology public offering in history exceeding even SpaceX.
ECB Rate Now at 2% After Four Cuts in 2026 — Monetary Policy Significantly Less Restrictive in Eurozone
The European Central Bank has lowered its deposit rate to 2% through four consecutive cuts this year supporting consumption and business investment across the eurozone.
Anthropic Targets $900 Billion Valuation for October IPO — First Quarterly Operating Profit Expected Before Listing
Anthropic plans to list at a meaningful discount to OpenAI on forward revenue multiples positioning Claude’s enterprise strength as its key investor pitch.
China’s Fixed-Asset Investment Falls 4.1% in First Five Months of 2026 — Steepest Drop Since May 2020
Beijing’s fixed asset investment data shows broad-based weakness especially in property where investment collapsed 16.2% year-on-year underlining structural headwinds.
US PCE Inflation Accelerates to 4.1% Year-on-Year in May — Highest Since April 2023
Personal consumption expenditure data shows inflation still uncomfortably above target as energy costs from the Iran conflict filter through to household spending.