Daily Republic News
- Business
- May 28, 2026
Crumbling Infrastructure Threatens Indian Tourism as Extreme Heat Drives Early Summer Rush
India’s booming domestic travel market is facing a bottleneck. While premium hotel rooms command record prices this season, the local municipal infrastructure supporting major holiday destinations is failing to keep pace. Travelers are paying premium rates for luxury accommodatio Read More
- Business
- May 28, 2026
US Fed Battles Inflation Risks As Uncertainty Over Iran War Has Oil On Fire
Newly appointed US Federal Reserve Chair Kevin Warsh has a tough job at hand. The next Federal Open Market Committee (FOMC) meeting will be held on June 16-17 to decide the future course of action on the monetary policy front. The latest round of US strikes on Iran pushed oil pri Read More
- Business
- May 28, 2026
Reliance Industries Shares In Focus On May 29 After AGM Date, Dividend Announcement
The shares of Mukesh Ambani-led Reliance Industries Ltd (RIL) are expected to garner investor attention on Friday, May 29, after the Indian conglomerate announced the date for its 49th Annual General Meeting (AGM) and also fixed record date for its final dividend for FY26.In an Read More
- Business
- May 28, 2026
Bitcoin Slumps to Five-Week Low Following US Airstrikes on Iran; $1 Billion Liquidated
Bitcoin faced heavy selling pressure on Thursday, tumbling to a five-week low of $72,800. The sharp decline followed news of fresh U.S. airstrikes in Iran, which spooked global investors and prompted a rapid exit from risk assets.The sudden downward spiral triggered cascading liq Read More
- Business
- May 28, 2026
JPMorgan CEO Jamie Dimon Targets Organic Growth but Keeps JPMorgan Open to a $20 Billion Deal
JP Morgan Chase CEO Jamie Dimon said that the bank could go for an acquisition worth up to $20 billion in coming years. He was speaking at an investor conference.The bank is sitting on a pile of cash and is scouting the right opportunities for acquisition. Dimon said that the ban Read More
- Business
- May 28, 2026
Fed Governor Cook Warns AI Surge and Iran War Put Upward Pressure on US Inflation
Federal Reserve Governor Lisa Cook on Wednesday said she feels the U.S. central bank should hold short-term interest rates steady for now but, with tariffs, the Iran war and a surge in AI-related investment pushing prices higher, she is prepared to hike rates if needed.”I see ele Read More
- Business
- May 28, 2026
Gold Hits Two-Month Low As US-Iran Tension Stokes Inflation Fears
Gold prices fell to a two-month low on Thursday as fresh US attacks on Iran boosted the dollar and pushed oil prices higher, stoking concerns about rising inflation and clouding the interest rate outlook.Spot gold was down 1.7% at $4,380.62 per ounce, as of 0409 GMT, earlier fall Read More
- Business
- May 28, 2026
India’s Privatisation Push: Tata Advanced Systems & 2 Others In Race To Build 5th Gen Stealth Jet
The Defence Ministry has issued the Request for Proposal (RPF) for the indigenous fifth generation Advanced Medium Combat Aircraft (ACMA) project to three shortlisted private bidders including Tata Advanced Systems.This also marks the first time in India when the state-led Hindus Read More
- Business
- May 28, 2026
Oil Prices Jump 2% As US-Iran Tensions Escalate After Fresh American Strikes On Bandar Abbas Military Site Near Strait Of Hormuz
Oil prices jumped about 2% in early Thursday trading after Reuters reported fresh U.S. strikes overnight on an Iranian military site, escalating tensions even as Washington and Tehran negotiate to end their three-month conflict.Brent crude futures rose $1.90, or 2.02%, to $96.19 Read More
- Business
- May 27, 2026
US Delegation Heading to India for High-Stakes Bilateral Trade Agreement Talks
New Delhi: A United States delegation led by the Chief Negotiator will visit India from June 1 to 4, 2026, to carry forward discussions on the proposed India-US Bilateral Trade Agreement (BTA), according to the Ministry of Commerce and Industry.The Ministry, in an official statem Read More
