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1 min read

The world's largest chipmaker just issued a warning that the industry's red-hot growth could slow

TSMC's trimmed forecast shows that the chip industry is still in recovery mode, and that demand is …

Filip De Mott   


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1 min read

The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales

"Another reason sales are ticking up is buyers and sellers are finally living in the same reality,"…

Filip De Mott   


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4 mins read

New property launches dip in major Indian cities, sales growth tepid in Delhi-NCR, Bengaluru

The country is in the midst of a real estate upcycle, yet the pace of new project launches has slow…

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2 mins read

Prepare for house price growth to slow, says First American chief economist

Mortgage rates are expected to drop this year, bringing sellers back to the market and slowing the …

Chris Johnston   


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1 min read

Stock market today: US futures drop ahead of key economic growth figures

S&P 500, Nasdaq 100, and Dow Jones Industrial Average futures fell as Wall Street worried that stro…

Theron Mohamed   


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5 mins read

Poco, OnePlus top Indian smartphone shipment growth but overall reading flat

The Indian smartphone market has remained flat in 2023, reporting a growth of just 1% year-on-year.…

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3 mins read

Retail auto sales up 13% MoM in October, but high inventory levels in PV a concern

Retail auto sales in October grew by a healthy 13% month-on-month but declined 12.6% year-on-year, …

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4 mins read

Unveiling the impact of Flipkart on innovation and growth in seller success stories

Let’s dive into the captivating world of these entrepreneurs who have achieved soaring success, pro…

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3 mins read

Tech guru Cathie Wood says Nvidia is the Cisco of the AI boom and warns its growth may falter

Nvidia is powering the AI revolution, but investor Cathie Wood warns there's a clear risk its custo…

Theron Mohamed   


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2 mins read

Housing market affordability will improve in 2024 as home prices fall amid more inventory, Morgan Stanley's chief US economist says

Home sales will pick up in the second half of 2024 and continue into 2025, as prices see "modest" d…

Aruni Soni   


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3 mins read

Housing market inventory keeps declining and that's bad news for homebuyers

Insider's Phil Rosen breaks down the historically-tight housing market and what's keeping inventory…

Phil Rosen   


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2 mins read

Global smartphone market to witness modest growth in cautious-looking 2024

According to a Canalys report, Regional performance is expected to diverge due to regional confl…

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2 mins read

IndianOil posts multifold growth in Q1, net profit at ₹14,735 crore beats estimates

India’s largest oil marketing company Indian Oil posted a multifold rise in consolidated net profit…

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2 mins read

Dollar General's messy stores are haunting the retailer as it takes a $95 million hit on inventory markdowns and deploys 'smart teams' to clean up

Dollar General implements strategy to reduce overstock and organize messy stores with markdowns and…

Alex Bitter,Mary Hanbury   


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2 mins read

Indian pharma industry to log in 8-10% revenue growth this fiscal: Crisil

In addition, sale of existing drugs and new launches will drive 3-4 per cent volume growth, h…

PTI   


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2 mins read

'Big Short' investor Michael Burry rang the alarm on bloated inventories last year. Maersk's shipping slump suggests he was right to worry.

Michael Burry predicted a "disinflationary overstock consumer recession" last year. Maersk's earnin…

Theron Mohamed   


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2 mins read

Walmart just issued a major profit warning. 'Big Short' investor Michael Burry predicted the mega-retailer's problems

Burry said inflation would hit consumer demand, and retailers would cut prices to shift inventory, …

Theron Mohamed   


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2 mins read

India’s May manufacturing reading shows quickest expansion rate in 12 years

The Indian economy is showing resilience despite global headwinds. After the positive surprise in e…

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3 mins read

More jobs added in manufacturing sector as July PMI shows healthy growth

India’s manufacturing sector bucked the global trend by reporting strong growth in July, as demand …

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2 mins read

Dominick Reuter