Manufacturing powers industrial output growth of 5.1%

Manufacturing powers industrial output growth of 5.1% NEW DELHI: Industrial production grew 5.1% in May 2026, as against 3.4% a year ago, on account of strong expansion recorded in electricity and manufacturing sectors during the month, pointing to a resilient domestic demand in the face of the West Asia conflict. Sequentially too, industrial production fared … Read more

US Supreme Court expands presidential powers, backs Trump’s firing; Fed’s Lisa Cook spared for now

Fed’s Lisa Cook spared for now US Supreme Court on Monday upheld President Donald Trump’s authority to remove the heads of most independent federal agencies, while making a key exception for the Federal Reserve. The landmark ruling, which significantly expands presidential powers, is being seen as one of the most consequential decisions on executive authority … Read more