By LiveMint-India
Move follows $80 billion selloff triggered by MSCI’s transparency concerns; Jakarta unveils reforms to restore investor confidence and avert downgrade risk
Donald Trump is set to announce the next US Federal Reserve chair as Jerome Powell’s term nears its end. Former Fed governor Kevin Warsh has emerged as the leading contender amid tensions over interest rates, inflation, and the central bank’s independence from the White House
The new 2023–24 base lowers food weight and raises transport and housing share, aligning India’s inflation gauge closer to global consumption trends
After six years of sustained double-digit growth in iPhone sales, analysts said Apple is now reaping the benefits of a large base of existing customers who are now looking at other products of its ecosystem.
