Experts on Saturday hailed India’s robust growth in the April-June quarter, saying that the economy has exceeded all expectations. On India’s GDP growing to 7.8 per cent in Q1 FY26, Professor Yashvir Tyagi, an economist, said that “I believe the performance shown by the Indian economy has exceeded expectations. The growth of 7.8 per cent is significantly higher than earlier …
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Fed expected to leave interest rates unchanged as US GDP exceeds forecasts | US interest rates
The US Federal Reserve will announce its latest decision on interest rates today amid intense pressure from Donald Trump to lower rates. Despite an onslaught of attacks from the White House against the Fed, officials at the central bank are expected to leave rates unchanged. Data released on Wednesday underlined the resilience of the US economy, which bounced back faster …
Read More »American Express exceeds profit expectations on robust spending
By Niket Nishant (Reuters) -American Express surpassed Street estimates for second-quarter profit on Friday, fueled by resilient spending from its affluent cardholders. The beat underscores how the credit card giant’s focus on wealthy customers has helped insulate it from the effects of waning consumer confidence, which is more pronounced among lower-income households. While not representative of the broader economy, AmEx’s …
Read More »Largest Mars Rock Exceeds Auction Expectations : ScienceAlert
The largest individual Martian rock ever found on Earth has sold at a Sotheby’s auction for almost US$5.3 million, to an anonymous bidder. This massive chunk of Mars is a meteorite named NWA-16788, and at 24.67 kilograms (54.39 pounds), it towers over the previous record-holder, Taoudenni 002, a meteorite weighing 14.51 kg found in Mali back in 2021. The Sotheby’s …
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