'This was all avoidable': Iran on US facing 'rocketing costs of war of choice'

Iran on US facing ‘rocketing costs of war of choice’

Iranian foreign minister Abbas Araghchi warned that Americans would soon face the economic fallout of the escalating US-Iran conflict, arguing that rising debt costs, mortgage rates and consumer financial stress were the “real pain” of what he described as a “war of choice” against Iran.In a post shared on X on Saturday, Araghchi wrote, “Americans…

Read More
Brace for price rise after fuel hike; inflation may increase 10-25 bps, RBI likely to reassess projections for yr

Brace for price rise after fuel hike; inflation may increase 10-25 bps, RBI likely to reassess projections for yr

NEW DELHI: The increase in retail prices of petrol and diesel is expected to drive headline inflation print by 10-25 basis points (bps) in the coming months, with analysts cautioning that cascading impact of higher fuel costs could force RBI to reassess its inflation projections for the year.Several companies, which were holding on to price…

Read More