Sophia Patel — Business & Finance Editor 
New York stock indices plummeted on July 29, 2026, as the Dow Jones Industrial Average fell 2.19% following a Federal Reserve interest rate freeze. Despite the hold, surging long-term Treasury yields and spiking oil prices fueled inflation fears, triggering a broad sell-off in technology and semiconductor stocks. The market didn’t care that the Federal Reserve … Read more
MINI India has launched the MINI Convertible Stardust Edition, a limited-run open-top luxury car priced at INR 62.90 lakh (ex-showroom). Imported as a Completely Built-up Unit (CBU), the vehicle features unique twilight-inspired aesthetics and a signature Union Jack soft top, with deliveries commencing immediately following the launch. The luxury segment in India just got a … Read more
The electric SUV is available with ex-showroom prices ranging from ₹13.49 lakh to ₹19.99 lakh for the top-spec X-Line ER variant. To lower the entry cost, Kia is offering the vehicle under a Battery-as-a-Service (BaaS) programme with prices starting at ₹7.99 lakh, with the battery financed separately via an EMI of ₹3.3 per km. Deliveries … Read more
Airbus completed a marathon 24-hour and 24-minute test flight on July 28, 2026, landing an A350-1000ULR in Toulouse, France, after a nonstop journey from Melbourne, Australia. The milestone marks a pivotal advancement for Project Sunrise, bringing ultra-long-haul commercial service closer to reality. Commercial aviation reached a new threshold of endurance when an ultra-long-range widebody touched … Read more
The second-generation Kia Seltos made its official debut in Indonesia on Wednesday, July 29, 2026, at the Gaikindo Indonesia International Auto Show in Tangerang. Offered in three variants starting at 359 million rupiah, the redesigned SUV features a 1.5-litre naturally-aspirated engine and advanced driver assistance systems. Gaikindo Indonesia International Auto Show Launch and Pricing Kia … Read more
U.S. stocks tumbled on Wednesday, July 29, as the Dow Jones Industrial Average dropped 555 points in early trading. Markets faced mounting pressure from surging oil prices following escalating Middle East tensions and heightened investor caution ahead of the Federal Reserve’s upcoming interest rate decision. Wall Street opened sharply lower as a convergence of geopolitical … Read more
The sudden disappearance of critical credit metrics from popular financial tools has intensified anxiety among retail traders already grappling with sharp declines in the broader equity market. As UDN reports, the investment platform CMoney announced that it would halt the provision of margin purchase maintenance ratios, short sale maintenance ratios, and overall maintenance ratios, while … Read more
Bitcoin held steady near $64,500 on Wednesday as markets weighed a potential Federal Reserve interest rate hike and escalating Middle East tensions. Federal Reserve Chair Kevin Warsh faces a critical rate decision amid stubborn inflation, while institutional spot Bitcoin outflows extended to four straight sessions. Cryptocurrency markets navigated a tense macroeconomic landscape on Wednesday, with … Read more
U.S. Federal Reserve officials held interest rates steady at 3.5% to 3.75% for the fourth meeting as inflation pressures intensified. Markets are now pricing in potential policy tightening for September amid surging energy costs and escalating geopolitical tensions across the Middle East, according to recent financial market reports. Federal Reserve Holds Rates Steady Amid Rising … Read more
Gold prices declined during trading on Wednesday, pressured by a stronger U.S. dollar and rising Treasury yields as markets awaited the Federal Reserve’s interest rate decision. Federal Reserve Rate Decision and Market Pressures on Gold Gold prices moved lower during Wednesday’s trading sessions, weighed down by a firm U.S. dollar and rising yields on U.S. … Read more