Why are gasoline prices rising faster than oil prices? Blame it on the ‘crack.’

India cannot rely on bank balance sheets alone to finance the scale and diversity of investment required to become a developed economy by 2047, said Rohit Jain, deputy governor, Reserve Bank of India (RBI), underscoring the need for deeper corporate bond, foreign exchange and derivatives markets.   “India has traditionally relied on a…

Brickflow generated more than £520m in loan offers across bridging, commercial mortgages and development finance in Q2 2026, its MarketWatch report has shown. Demand for decisions in principle (DIPs) strengthened across most product lines, climbing 6% in bridging and 12% in commercial mortgages quarter-on-quarter. Development finance DIPs, by contrast, slipped 4.3%.   Bridging appetite…

The AI sector has experienced unprecedented growth in recent years, lifting the rest of the stock market with it. The catch, though, is that these stocks can also drag the market down if they falter. The top 10 largest AI-related stocks now make up over 40% of the S&P 500 (^GSPC +0.21%), according to research…

Mumbai: India’s key equity indices logged their biggest monthly gains in three months this July, harnessing what analysts described as better-than-expected corporate earnings, which helped negate lingering concerns over elevated oil prices and geopolitical uncertainty. On Friday, the Nifty rose 66.45 points, or 0.3%, to close at 24,383.6. On the BSE, the Sensex rose 166.49…

There were 187 transactions totaling $351 million filed in New York City records in the 24 hours before 4 p.m. on Friday, August 7, 2026. 🏆Residential: The priciest recorded home sale was for a penthouse at 432 Park Avenue on Billionaires’ Row that sold for a 30 percent loss. The trust of late scientist and…