Inflation figures show consumer prices rose less than economists feared

Inflation figures show consumer prices rose less than economists feared

A lower-than-expected rise in consumer prices takes further pressure off the Reserve Bank to raise interest rates before 2024, but commercial lenders are sensing a shift in the economy and starting to raise longer-term fixed mortgage rates.
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Deutsche Bank Raises Outlook on Best Quarter in Seven Years

Deutsche Bank AG raised its outlook after traders outperformed most Wall Street peers and it dodged losses from the collapse of Archegos Capital Management, handing Chief Executive Officer Christian Sewing the strongest quarter in seven years.
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RPT-High prices nibble at corn's sway as Asian feed buyers switch to wheat

(Repeats earlier story for wider readership with no changes to text). * Chicago corn futures up 37% in 2021, wheat prices rise 16%. * Animal feed makers seen using more wheat for chickens, pigs. * China, Vietnam, S. Korea among importers seen buying …
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Indian food delivery startup Zomato files for $1.1 billion IPO

Indian food delivery startup Zomato on Wednesday filed for an initial public offering, becoming the first tech unicorn startup from the world’s second largest internet market to do so. The 12-year-old Gurgaon-headquartered Indian startup, which counts Info …
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COVID-19: Second wave could delay 4 GW of solar, wind projects under 3-4 months extension

Solar developers have already asked for a three to four month blanket extension from the Ministry of New and Renewable Energy (MNRE) owing to disruptions in labour and supply chain as a result of the ongoing wave of COVID-19 infections.
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