Wholesale prices in the US cooled in July, offering a welcome sign that inflation may be losing some momentum as lower energy costs helped ease price pressures.Data released by the labor department showed that the producer price index (PPI), which tracks prices received by producers before they reach consumers, increased 4.7% from a year earlier…

Government plans processing parks in 4 states India’s critical mineral roadmap is advancing, with the government set to establish four dedicated critical mineral processing parks in Gujarat, Maharashtra, Andhra Pradesh and Odisha. The initial focus will be on building domestic processing capacity for lithium and nickel, mines secretary Keshav Chandra said on Thursday.The proposed parks…