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Tuesday, 11 August 2026

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Economy

Infantino sorry for errors but stays Fifa president

Gianni Infantino has apologised for "errors" he made in controversial plans to sell off stakes in competitions to private investors, but will remain Fifa president after receiving the backing of senior executives in a m…

Euro advances as US labor data disappoints

EUR/USD trades on the front foot near 1.1560 on Wednesday, adding around 0.2% as a weak United States (US) labor market report undermines the US Dollar (USD). The US Dollar Index (DXY) slips 0.22% toward 99.70, remainin…

US Construction Spending Exposes a Deepening Investment Divide

New Delhi: “We’ve become used to it – the constant headaches, the breathing problems,” says Mohammad Irfan, an e-rickshaw driver in Rohini, Delhi, summing up the fatigue many feel as the Air Quality Index (AQI) oscillat…

US Service Sector Remains Robust, but Hiring Weakness Persists

As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…

Gold rallies as Iran-US deal seems closer ahead of NFP

Gold (XAU/USD) price surges to its highest level in nearly seven weeks, gaining nearly 3.80% on Wednesday as the Greenback loses ground and US Treasury yields fail to gain traction. The XAU/USD pair trades at $4,232, it…

Indian Rupee: RBI stance and inflows support Rupee – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad reports USD/INR is firmer after recently testing a one‑month low, following the Reserve Bank of India’s (RBI) unanimous decision to keep its policy rate at 5.25% and maintain…

U.S. services sector growth edges higher in July - ISM

August 4, 2026, 3:46 AM EDT. LIC shares dropped almost 9% after the government launched an offer for sale (OFS) of up to a 6.5% stake, setting a floor price of Rs 382, representing an 11% discount from the prior closing…