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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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Punjab's capital expenditure lowest in FY25 at 6.2% vs highest of Gujarat at 36.2%: NSE

In FY25, Punjab is set to experience financial challenges as its capital-to-revenue expenditure rat…

ANI   


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Karwa Chauth festivities to boost economy by ₹22,000 crore

Deeply rooted in Indian culture and spirituality, the festival of Karwa Chauth has grown into a sig…

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Fitch raises India's growth estimates for FY 25 to 7.2%

Investment will continue to rise but more slowly than in recent quarters, while consumer sp…

PTI   


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India will spend ₹4.25 lakh crore on 35 lakh planned weddings in Nov-Dec: PL Capital report

India will spend Rs 4.25 lakh crore on projected 35 lakh weddings planned between November to mid-D…

ANI   


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CHART: Big Tech is going wild on AI spending next year and beyond

Capex by Amazon, Google, Meta, and Microsoft is rising to eye-watering levels next year and beyond,…

Eugene Kim   


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Microsoft reports stronger-than-expected earnings as it ramps up capital spending

Microsoft reported better-than-expected first-quarter results and continued to ramp up its capital …

Tim Paradis   


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US economic growth came in slightly under expectations but consumer spending remains strong

While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …

Madison Hoff   


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India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030

India's power generation and transmission sectors are poised for substantial growth. Also, India's …

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Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending

Tech shares dropped on Thursday, led by mega-cap titans Microsoft and Meta. Investors were bracing …

Kelly Cloonan   


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Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs

Wall Street analysts are mostly bullish heading into Amazon's earnings report. AWS is a bright spot…

Filip De Mott   


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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

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Russia would need to spend 6% of its entire 2024 budget to pay wounded soldiers and families of dead troops, 2 researchers estimate

Thomas Lattanzio and Harry Stevens used open-source information on casualties to estimate that Russ…

Matthew Loh   


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Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says

Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…

PTI   


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The job market is about to rebound as widespread spending boosts the economy, Apollo chief economist says

The US could add as many as 300,000 jobs in September, according to an estimate from Apollo's chief…

Jennifer Sor   


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Israel's central bank estimates spending to fight Hamas will be about 10% of GDP

The war with Hamas will cost Israel about $58 billion between 2023 and 2025, the central bank proje…

Aruni Soni   


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Nvidia drops to extend post-earning decline to 13% as questions linger around AI spending

JPMorgan said Nvidia's earnings results are the "antithesis of the dot-com era," but that its custo…

Matthew Fox   


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Stock market today: Indexes rise as traders assess earnings and retail sales beat estimates

Consumer spending remained strong in June, reducing fears of a pullback that could trigger economic…

Filip De Mott   


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Nvidia's stellar earnings streak will continue with AI spending still booming, Wedbush says

"I think that we get another quarter from Nvidia that, again, is another beat and raise," Wedbush's…

Jennifer Sor   


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'Shark Tank' star Kevin O'Leary revamped his spending habits after learning about his mother's Chanel jackets

Kevin O'Leary began spending more prudently after learning his mother would save up for a year to b…

Theron Mohamed