Consumer Price Index (CPI) inflation at 4% and GDP growth at 6.5%, aided by a good monsoon and soft commodity prices, despite global risks and slowing credit growth.

Asian markets reacted cautiously to these developments. Japan’s Nikkei 225 slipped 0.46%, South Korea’s Kospi declined 0.79%, and Topix remained flat. Australia’s ASX 200 stood out with a 0.54% gain, ...

Wall Street banks did surprisingly well in investment banking last quarter. All five major banks beat analyst forecasts when they reported earnings this week. President Trump’s tariffs had caused a ...

The unemployment rate increased to 4.3% in June, well above forecasting from the major banks as well as the RBA.