The US Federal Reserve has slashed interest rates by 25 basis points amid cooling inflation and a weakening labour market, marking the second rate cut in this easing cycle. “Since earlier in the year, labour market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward […]
New Delhi, Aug 12 Slamming the latest Hindenburg allegations as not merely frivolous but cheap antics, market experts on Monday said the US short-seller has nothing substantial to talk about even 18 months later. Sushil Kedia, Founder and CEO, Kedianomics, said that the short-selling firm Hindenburg was exposed 18 months ago when they made big […]
Mumbai, Aug 11 The Association of Mutual Funds in India (AMFI) on Sunday slammed the latest Hindenburg report against SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch, saying the US short-seller is trying to create a trust deficit in market ecosystem. In a statement, the AMFI said that external comments on the markets […]
While the Centre and Opposition may spar over the country’s growth trajectory in the past few decades, there is no denying the fact that the economy logged a significant uptrend during the Modi government, starting from 2014 to 2024. The economy, in the past ten years, not only just made into the top five economies […]
New Delhi, March 24 The Indian startups continued to raise funds at a normal pace, and last week, 22 startups secured over $447 million in the country. This included nine growth-stage deals and 11 early-stage deals, reports Entrackr. “Two startups kept their transaction details undisclosed,” the report mentioned. About 30 startups had raised around $287 […]
India’s goal to become a $7 trillion economy is only possible when participation of women in the workforce increases by 50 per cent. While millions of Indian women are working in the country, the majority are employed in unorganised sectors as daily wage labourers and women’s participation in the organised sector is below 30 per […]
Mumbai, Feb 25 (IANS) Markets were on a roll last week and even though there was extreme volatility, they continued their upward march. NIFTY has made a new high this week effectively on every trading session. However, the BSESENSEX has yet to cross the high of 73,427.59 points which was made on 16th January. The […]
Rajahmundry (Andhra Pradesh), Dec 10 India’s air passenger traffic will triple to 42 crore by 2030, Civil Aviation Minister Jyotiraditya Scindia said here on Sunday. “The air passenger traffic, which is 14.5 crore today, will grow to 42 crores by 2030 and civil aviation will become a foundation for transportation in the country,” he said […]
New York, Oct 24 Bitcoin is rocketing higher, topping $35,000 for the first time since May 2022. It’s up 20 per cent over the past five days, a media report said. The famously volatile cryptocurrency has more than doubled in value this year as investors grow excited about the prospect of being able to buy […]
The water regulator of the US state of California has said that the beverage corporate giant Nestle had illegally diverted and bottled water from mountain springs for over 100 years, the media reported. The bottled water is sold under Arrowhead, a household brand whose label reads “Since 1894.” Nestle sold the bottled water business in […]