Iran war risk: JPMorgan CEO Jamie Dimon warns of oil shocks, sticky inflation and higher interest rates

JPMorgan Chase CEO Jamie Dimon has warned that the ongoing war in Iran could trigger oil and commodity price shocks, keeping inflation elevated and pushing interest rates higher than current market expectations, Reuters reported.The warning came in his annual letter to shareholders, a day after US President Donald Trump escalated pressure on Iran by threatening…

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How India’s LPG shortage & fuel export restrictions are raising gasoline prices in California

US-Iran conflict impact: The global energy shock triggered by the US-Israeli conflict with Iran is now rippling through economies far beyond the Middle East, exposing how deeply interconnected fuel supply chains have become. For example, in India, shortages of cooking gas are emerging, while in California, gasoline prices have surged to nearly $6 per gallon….

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Cabinet okays 2 semiconductor units worth Rs 3,936 crore; total approved projects under ISM rise to 12

The Union Cabinet has approved two new semiconductor manufacturing units with a combined investment of over Rs 3,936 crore under the India Semiconductor Mission (ISM).The projects include the country’s first commercial mini/micro-LED display facility based on Gallium Nitride (GaN) technology and a semiconductor packaging unit, Information and Broadcasting Minister Ashwini Vaishnaw said.The facilities will be…

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Continue with human touch amid digital push, banks told

PUNE: Union Finance Minister Nirmala Sitharaman on Friday said that banks should continue to have a human interface while serving the customers despite the massive continuing thrust on digitisation.“Digitisation should happen. It brings in greater inclusivity. But as this digitisation is happening we should ask ourselves whether we are getting distant from our customer base,”…

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IPL 2026: KKR beat MI by four wickets to stay alive as playoff race heads into final round | Cricket News

Kolkata Knight Riders kept their IPL 2026 playoff hopes alive with a hard-fought four-wicket victory over Mumbai Indians in a rain-interrupted clash at Eden Gardens on Wednesday.After winning the toss and opting to bowl first, KKR bowlers quickly put Mumbai under pressure. MI’s batting lineup once again struggled badly, slipping to 41/4 inside the powerplay…

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