News that keep you updated
Wall Street closed on a split note on Thursday as the Dow Jones Industrial Average and S&P 500 seized spotlight with their new record highs while Nasdaq traded in red. The Dow Jones Industrial Average and the S&P 500 climbed to fresh milestones on Thursday, buoyed by investors still riding the momentum set off by…
White House press secretary Karoline Leavitt Americans, you can rejoice as your wallet just got good news, even before the world gets its hands on GTA 6. On Thursday, White House Press Secretary Karoline Leavitt said that Americans can expect an extra amount in their bank accounts in the months ahead, all because of Donald…
MUMBAI: A day after US Trade Representative Jamieson Greer’s comments on India giving its best offer for a trade deal, commerce & industry minister Piyush Goyal Thursday said Washington should move ahead and sign an agreement. “His happiness is very much welcome. And, I do believe that if they are very happy, they should be…
NEW YORK: After three consecutive interest rate cuts, investors now confront an uncertain US monetary policy outlook for the year ahead, clouded by persistent inflation, data gaps, and an impending leadership change at Federal Reserve.The US Federal Reserve cut interest rates by a quarter-percentage point on Wednesday in an uncommonly divided vote, but signaled it…
MUMBAI: Relentless rally in silver continued in global markets on Thursday that in turn, combined with the rupee’s recent weakness, pushed up domestic prices on the MCX to an all-time high level of over Rs 1.9 lakh/kg. In the international market, in mid-day trades, silver prices touched a new life-peak at $63.25/ounce. In the spot…
Rural India’s economic health is booming, with 80% of households reporting increased consumption and 67.3% of income now dedicated to spending. A significant 42.2% saw income growth, and optimism for the next year is at its highest since September. Capital investment has also surged, driven by strong consumer demand and income gains, not credit issues….
Businesses can now open current and overdraft accounts with more banks as the RBI has raised the loan threshold for restrictions to Rs 10 crore. This move offers greater flexibility, allowing companies to manage payments and collections across a wider banking network. The revised framework, effective April 1, 2026, aims to reduce dependence on single…
NEW DELHI: India needs to overcome bottlenecks to increase both quality and quantity of workforce participation and labour productivity, an NCAER report released on Thursday said. The report underlines the role of skilling and small enterprises as key drivers of job creation in the country, an NCAER statement on the study said. The study titled…
The Reserve Bank on Thursday injected Rs 50,000 crore liquidity through Open Market Operation (OMO) purchases of government securities.Against the notified amount of Rs 50,000 crore, the total amount offered is Rs 1,11,615 crore, the RBI said in a statement.Earlier this month, the Reserve Bank announced OMO purchases of government securities of Rs 1,00,000 crore…
India’s long-term economic outlook could fundamentally reshape the corporate landscape over the next two decades, Motilal Oswal Financial Services has said in a new report, identifying 30 companies it believes are best placed to benefit from what it calls the country’s “next multi-decade growth era”, ET reported.The brokerage expects India’s GDP to rise from $4…
