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2 mins read

India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months

India's services sector witnessed a robust performance in October, as the Service PMI index surged …

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1 min read

The most accurate forecasts of 2024: Seeking nominations for Business Insider's Oracles of Wall Street list

Business Insider's Oracles of Wall Street list highlights the top forecasters among economists, str…

William Edwards   


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3 mins read

Russia's defense sector is running on overdrive — but firms are warning of bankruptcy

Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…

Thibault Spirlet   


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1 min read

Chip stocks rally after TSMC's strong sales forecast calms growth worries

TSMC soothed chipmaker growth worries by giving its sales forecast a sizable boost.

Filip De Mott   


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2 mins read

Top Wall Street analysts are boosting stock market forecasts as the bull market charges on

Goldman Sachs, UBS, BMO, and Deutsche Bank have raised their S&P 500 price targets in recent weeks …

Kelly Cloonan   


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2 mins read

Trump won't be as positive for stocks as people think, but AI will keep the market soaring, research firm says

Capital Economics said that Donald Trump's policies would likely disappoint the market, but the S&P…

Filip De Mott   


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4 mins read

Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.

Here's a round up of some of the most bullish strategists on Wall Street and their predictions for …

Matthew Fox   


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A warning signal in the economy is telling investors they should load up on defensive stocks, research firm says

A measure of how much money is flowing through the economy has been contracting for more than a yea…

Jennifer Sor   


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3 mins read

Deloitte and EY trim staff amid slowing demand following years of rapid growth for Big Four firms

The consulting sector is facing falling demand and Big Four consultancies including EY and Deloitt…

Polly Thompson   


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2 mins read

Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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1 min read

Delhi AQI remains firmly lodged in the ‘very poor’ category; PM2.5 levels nearly 60 times WHO’s prescribed danger limits

Stubble burning in the neighbouring states has reduced and vehicular emissions, construction dust a…

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2 mins read

Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut

Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to …

Filip De Mott   


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4 mins read

Sensex, Nifty extend gains to scale fresh peaks on firm global cues

Rallying for the ninth straight session, the 30-share BSE Sensex climbed 231.16 points or 0.28 per …

PTI   


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2 mins read

Fed rate cuts are coming too late to fend off a US recession, research firm says

Even if the Fed cuts in September, history shows that recessions can still occur during easing cycl…

Filip De Mott   


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1 min read

Sellers are 'losing their grip' on the housing market as home prices cool, research firm says

Home prices rose just 0.3% in May, a sign that selling power is starting to wane, Capital Economics…

Jennifer Sor   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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1 min read

The real reason for copper's record-shattering rally, according to one trading firm

Copper's supply-demand imbalance isn't enough to justify its record price near $11,000, Trafigura s…

Filip De Mott   


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2 mins read

U.S. Economy Soars: 3 lakh jobs added in 39th consecutive month of growth, boosting confidence and easing inflation concerns

Economists and market investors alike are finding renewed confidence in the resilience of the U.S. …

ANI   


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1 min read

Ether could surge 60% after ETFs are approved, trading firm says

"The market is expecting fireworks," QCP Capital said of the potential spot ethereum ETFs, which co…

Filip De Mott   


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1 min read

Morgan Stanley raises India's GDP growth forecast to 6.8% for FY25

According to Morgan Stanley, the outlook for India's GDP growth remains robust, with the expectatio…

ANI