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RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…

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6 mins read

All eyes are on Jackson Hole for clues about the size of September's rate cut

Rate cuts are a lock for the Fed's next meeting in September. But instead of wondering if they'll c…

Dan DeFrancesco   


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2 mins read

Power, energy sector in India sees 9% growth in hiring in H1FY25, notes report

TeamLease Services 'Employment Outlook Report, showcases changes in employment for the period betwe…

PTI   


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2 mins read

Some Russians are spending like no tomorrow with 'considerable' overheating in the economy

Russia's central bank hiked interest rates from 16% to 18% to cool its overheated wartime economy.

Huileng Tan   


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3 mins read

Apple iPhone 16 to launch on September 9 – design, specs and everything we know so far

Cupertino tech giant Apple is all set to launch the iPhone 16, the company’s latest iPhone series o…

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2 mins read

RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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1 min read

Wipro shares tank nearly 9% after earnings announcement

At the NSE, it tumbled 8.79 per cent to Rs 508.20 apiece. Wipro on Friday posted a 4.6 p…

PTI   


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FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

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2 mins read

Moody's raises India's 2024 growth forecast to 6.8%

Capital spending by the government and strong manufacturing activity have meaningfully contribu…

PTI   


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1 min read

India's GDP grows 7.6% in July-September quarter

T​he Indian economy grew 7.6% during the July-September quarter of the current financial year 2023-…

ANI   


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OPEC+ extends major oil production cuts until 2025 to stabilise market

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …

ANI   


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1 min read

Growth in Asia Pacific emerging markets to remain strong in 2024: Fitch

The economic growth in Asia Pacific will remain strong in 2024 and GDP is expected to grow by abou…

PTI   


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4 mins read

Hindi Diwas 2024: What PM Modi, Amit Shah, Mamata Banerjee, and other leaders said about the importance of Hindi

Indian leaders highlight Hindi's role in uniting the nation and promoting linguistic diversity on H…

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2 mins read

Reliance AGM 2024: Company aims to double retail business, Mukesh Ambani says not pursuing short-term profit

Reliance Industries, led by Mukesh Ambani, has laid out ambitious plans during its Annual General M…

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2 mins read

Google to make Pixel smartphones at Foxconn, Dixon facilities from September

"As a result of the negotiations, Google will partner with Foxconn in Tamil Nadu to produce the…

PTI   


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1 min read

Foreign investors continue to remain net buyers in India stocks for third month

Foreign portfolio investors (FPIs) continue to remain net buyers for the third month in April in In…

ANI   


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The 'coveted soft landing' is here, Biden's top labor official says — and it could set Americans up for an interest rate cut in September

The jobs market is moderating, but Americans are not facing a recession. It's a signal the Fed migh…

Ayelet Sheffey,Juliana Kaplan   


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4 mins read

Budget 2024: How will budget affect India’s position in the global space race?

As per the interim budget announcement, India’s space budget for 2024-25 will stand at around Rs 13…

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6 mins read

Three wheelers see record sales as auto sector posts 9% growth between April-September

Three wheeler sales in the first half of the current financial year (FY24) have hit a record and be…

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2 mins read

The Fed is only going to cut rates once in 2024 as shelter inflation is too high and the job market is hot, Vanguard says

The Fed is most likely cutting rates once in September, Vanguard predicted. Markets are still antic…

Jennifer Sor