IBT Staff Reporter

6451-6480 (out of 154944)

India's Fuel Demand Jumps 24% Year-on-year In May

India's fuel consumption jumped 23.8% in May from a year earlier, continuing a recovery from a relatively low base in 2021 when the world's third biggest oil consumer was in the grip of a second wave of COVID-19.

Fed Seen Sharpening Rate Hikes To Smother Searing Inflation

Stubbornly hot U.S. inflation is fueling bets that the Federal Reserve will get more aggressive in its bid to cool price pressures, with chances of a jumbo-sized interest rate hike seen rising and the policy rate expected to top 3% by year end.

Soaring Inflation Fuels Bets On Sharper Fed Rate Hikes

Stubbornly hot U.S. inflation is fueling bets that the Federal Reserve will get more aggressive about trying to cool price pressures and even potentially ditch its own forward guidance by delivering a jumbo-sized interest rate hike in coming months.

Trump's Air Force One Paint Scheme Scrapped By Biden

The Biden administration will scrap a paint scheme for Air Force One proposed by former President Donald Trump, after the Air Force determined the design would create too much heat for the presidential aircraft, a U.S.

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