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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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2 mins read

Indian manufacturers see softer increases in new business, output in August: PMI

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …

PTI   


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2 mins read

Mumbai clocks 12% growth in property registration at 11, 575 units in Jun: Knight Frank

However, the number of registrations in June was lower than in May, when 12,000 units were regis…

PTI   


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4 mins read

India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate

India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…

PTI   


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3 mins read

Election fuelled misinformation is serious global risk in 2024, says WEF

It’s a year of many elections across the world. This, on top of two ongoing wars, could make it the…

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2 mins read

Dow jumps 348 points as US stocks climb amid fresh economic data

The S&P 500 closed at a record high and the Dow regained losses from earlier in the week as investo…

Phil Rosen   


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3 mins read

Number of road accidents in India rose 12 pc to 4.6 lakh last year; 19 deaths every hour : MoRTH report

"This marks an increase of 11.9% in accidents, 9.4% in fatalities, and 15.3% in injuries comp…

PTI   


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2 mins read

After Germany enters recession, fears in Singapore of 'technical recession'

Singapore fears slipping into a 'technical recession' in the second quarter as the challenges in th…

ANI   


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2 mins read

Biden visit to South Carolina underlines how his push to rewrite the Democratic presidential calendar is far from finished

Biden wants the Palmetto State to lead off the 2024 primary race, but implementing his plan has bee…

Brent D. Griffiths   


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3 mins read

India's GDP growth forecast continues to see cuts

India’s GDP growth will slow down in the next calendar year of 2023, says a note released by …

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1 min read

Software firm Salesforce lays off hundreds of employees

Protocol first reported that Salesforce was preparing for a major round of layoffs that could af…

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2 mins read

House lawmakers could have as few as 12 working days to raise the debt ceiling before Americans experience an economically catastrophic default

The US could hit the debt ceiling as soon as June 1. But Congress's truncated work schedule makes a…

Juliana Kaplan,Ayelet Sheffey   


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4 mins read

Rating agencies revise GDP growth estimates yet again, most now peg it below 7%

The GDP growth rate for the April-June quarter which came in at 13.5%, fell short of expectations. …

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4 mins read

World Bank downgrades India's economic growth forecast to 6.5% for FY23

The Indian economy grew by 8.7 per cent in the previous year. "The Indian economy has done …

PTI   


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2 mins read

Inflation unlikely to fall below 6% before Feb 2023: Kotak report

The report also said that some early signs relief in inflation are visible in the near term du…

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4 mins read

'India's recovery is on a solid path', is world's top economic performer: UN report

The UN's annual World Economic Situation and Prospects (WESP) report estimated the growth rate o…

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3 mins read

India leaves borrowing calendar unchanged — sticks to its ₹12 lakh crore target for the year

"We have decided to continue with the same figure of ₹12 trillion for the total year. Which mean…

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2 mins read

The US economy will grow 7.9% in 2021 as stimulus juices consumer spending, UBS says

Growth will remain strong throughout 2022 as the government passes yet another relief bill to aid t…

Ben Winck   


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6 mins read

Bank holiday calendar for april 2020

During the lockdown period, banks have reduced their staff and the branches work only on minimal…

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1 min read

US stocks drop as the economic reopening trade takes a hit

US stocks dropped at the open Tuesday as the economic reopening trade lost steam and major airline …

Emily Graffeo