India’s headline inflation softened to 5.48% in November from a 14-month high, below expectations and the RBI’s projection of 5.7% for the third fiscal quarter. Despite a surprise economic slowdown, the RBI held rates at 6.5%, citing expectations of easing food inflation in the fourth quarter due to favorable agricultural conditions and harvest arrivals. Businesses anticipate continued pressure from elevated input costs and an acceleration in selling prices in the coming months.
Full Article
Syrians watch Iran-Israel crossfire as government stays silent
Syrians are watching Iranian missile strikes and Israeli interceptions unfold in their skies, yet the new Syrian government has chosen to remain silent, potentially indicating a shift in its regional stance. While both Iran and Israel have historically influenced Syria, the war-weary populace seeks to distance itself from the conflict, preferring to observe rather than engage. Explain It To Me Like I'm 5: Syrians see missiles flying above them from Iran and Israel, but their...
Read more