Author: kumbhorg

Headline inflation cooled in April, but not enough to give the Federal Reserve much comfort. The Consumer Price Index rose 0.6 percent last month, down from March’s 0.9 percent increase. Yet the year-over-year rate moved in the wrong direction, rising to 3.8 percent from 3.3 percent and extending the reversal of the disinflationary trend that had prevailed earlier this year. Core inflation told a less encouraging story. Excluding volatile food and energy prices, CPI rose 0.4 percent in April, double the 0.2 percent pace recorded in each of the prior two months. The year-over-year core rate also ticked up, rising…

Source: Exchange Filings of Proventus Agrocom Ltd

Royal Challengers Bengaluru (RCB) produced a clinical batting performance to defeat Kolkata Knight Riders (KKR) by six wickets in Match 57 of the Indian Premier League (IPL) 2026 at the Shaheed Veer Narayan Singh International Stadium. Chasing a challenging target of 193, RCB rode on a breathtaking unbeaten century from Virat Kohli to seal victory with five balls remaining and strengthen their position in the points table.After opting to bowl first, RCB had a mixed outing with the ball as KKR posted an imposing 192/4 in their 20 overs. However, Kohli’s masterclass during the chase completely shifted the momentum in…

Could the Toronto Maple Leafs and Vancouver Canucks swap first-round picks? The Sheet with Jeff Marek: David Pagnotta and Jeff Marek, discussing the Toronto Maple Leafs and their first overall pick. Could they trade down, to say, the Vancouver Canucks at No. 3? What do they sell to Auston Matthews to get him to want to stay? Marek: “The Maple Leafs. You know, you can sell wins. You can sell hope. Right now, you’re selling hope for this team. And I really do wonder, like, if Vancouver comes to them with a package for the first overall pick? They want…

Kevin Warsh was confirmed by the narrowest margin since the role required a Senate confirmation vote.

The Senate on Wednesday confirmed Kevin Warsh as the next chair of the Federal Reserve in the most divisive confirmation vote in the central bank’s modern history, handing President Donald Trump a landmark win just as fresh inflation data clouds the path to the interest rate cuts he has loudly demanded. The chamber voted 54–45 to confirm Warsh, 56, making him the 11th Fed chair of the modern banking era and the wealthiest person ever to hold the position. The vote was nearly entirely along party lines, with only Pennsylvania Democratic Senator John Fetterman crossing over in support. Warsh takes…

Mohan Kapur got candid about Bollywood superstars, changing audience expectations and why even stars like Shah Rukh Khan, Salman Khan and Akshay Kumar cannot survive without strong scripts.From comparing repetitive films to “biryani every day” to saying no actor is bigger than a good script, Mohan shared his honest take on the industry.Mohan Kapur reacts to Salman Khan’s recent box office phaseDuring his conversation with Siddharth Kannan, Mohan Kapur was asked whether Salman Khan had become trapped in his own larger-than-life superstar image, especially since some of his recent films have not worked at the box office.Responding to this, Mohan…

Virat Kohli celebrates after scoring his hundred in Raipur. (Pic credit: IPL) NEW DELHI: Defending champions Royal Challengers Bengaluru reclaimed top spot in the IPL 2026 points table on Wednesday with a thumping six-wicket victory over Kolkata Knight Riders in Raipur.RCB talisman Virat Kohli played a match-winning unbeaten 105 off 60 balls to help the team chase down 193 in 19.1 overs for their eighth win of the season. They now top the standings in the business end of the IPL 2026 league stage with 16 points and an impressive net run rate (NRR) of +1.053, overtaking Gujarat Titans (16…

Indian Railways announces RRB ALP CEN 01/2026 recruitment drive for 11,127 vacancies RRB ALP CEN 01/2026 recruitment: Indian Railways has issued the indicative notification for recruitment to the post of Assistant Loco Pilot under Centralised Employment Notification (CEN) No. 01/2026. The recruitment process will be conducted through various Railway Recruitment Boards across the country for a total of 11,127 vacancies.The online application process for RRB ALP Recruitment 2026 will begin on May 15, 2026, and candidates can submit applications until June 14, 2026. Eligible candidates seeking appointment in different railway zones will be required to apply through the official application…

In CLARITY Act news today, the Senate Banking Committee released the final draft text of the Digital Asset Market Clarity Act on May 12, 2026, just two days before a scheduled May 14 committee markup, and for the first time, crypto investors can see precisely what rules Washington wants to impose on the exchanges, stablecoins, and DeFi platforms they use every day. The bill covers everything from how banks can hold digital assets to whether your stablecoin app can pay you interest, and several lawmakers believe it could land on President Donald Trump’s desk before July 4, 2026. Market Cap…