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07.11 / 12:31
markets COST Election track Equality Updates US Fed Meeting Live Updates: Powell-led FOMC to unveil interest rate decision today after US election verdict
US Fed Meeting Live Updates: The US Federal Reserve is set to announce its seventh policy decision for 2024 on Thursday, November 7, after a two-day Federal Open Market Committee (FOMC) meeting and is widely expected to slash the benchmark interest rate by 25 basis points (bps) or (1/4) quarter a percentage point, broadly in line with Wall Street estimates.In the September meeting, the US Fed slashed the benchmark interest rate by 50 basis points (bps) or (½) half a percentage point to 4.75 per cent-5 per cent for the first time in four years after policymakers expressed confidence that inflation was consistently on track to come near the four per cent target.US Fed policymakers see the benchmark interest rate falling by another half-point (50 bps) by the end of this year, another full percentage point in 2025, and a final half-point reduction in 2026 to end in a 2.75 per cent-3.00 per cent range. One bps is equal to one hundredth (1/100) of a percentage point.A rate cut could lower borrowing costs, including for mortgages and business loans, giving individuals and companies the incentive to spend and invest.
07.11 / 12:31
UPS Digital Waters Whirlpool performer stars Features Amazon Sale extended on best washing machines: Up to 40% off on top 10 picks that come with advanced features
1. Whirlpool 7 Kg 5 Star Royal Fully-Automatic Top Loading Washing Machine The Whirlpool 7 Kg washing machine combines top performance with energy efficiency. Ideal for small to medium-sized families, it features Hard Water Wash to handle tough water conditions while delivering effective cleaning.
07.11 / 11:45
Election WhatsApp Political equations may change in Maharashtra after elections: Dilip Walse Patil
NCP leader and Maharashtra minister Dilip Walse Patil said on Thursday that political equations may change in the state after the November 20 assembly elections. More than which alliance wins, what is important is the number of seats bagged by individual parties, he said.
07.11 / 11:45
markets Strategy Enterprise Food wellness Trade Updates Stock market update: FMCG stocks down as market falls
Parag Milk Foods Ltd.(up 7.53%), Umang Dairies Ltd.(up 4.16%), Zydus Wellness Ltd.(up 2.91%), Euro India Fresh Foods Ltd.(up 2.18%), Jyothy Labs Ltd.(up 1.70%), Sheetal Cool Products Ltd.(up 1.34%), Tasty Bite Eatables Ltd.(up 0.70%), Adani Wilmar Ltd.(up 0.62%), Patanjali Foods Ltd.(up 0.57%) and Bikaji Foods International Ltd.(up 0.52%) stood among the top gainers.
07.11 / 11:45
markets Digital Boeing Election wellness Israel signs $5.2 billion deal to acquire 25 F-15 fighter jets from Boeing
defence ministry said on Thursday it had signed an agreement to acquire 25 next generation F-15 fighter jets from Boeing Co.
07.11 / 11:45
markets UPS Strategy WhatsApp trends Trade Brookfield India REIT plans to raise up to Rs 3,500 cr via issue of unitholders
The board of directors of Brookprop Management Services Pvt Ltd, the manager of Brookfield India Real Estate Trust, approved the issuance of units of Brookfield India REIT through an institutional placement of units not exceeding Rs 3500 crore in one or more placement, according to a regulatory filing on Thursday.
07.11 / 11:45
markets Art Strategy Analysis Trade Experts stars Sensex falls! But these stocks rallied over 15% on BSE in today's trade
stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Adhata Global Ltd.(57.45%), Avalon Technologies(19.99%), Lokesh Machines(19.99%), Tera Software(19.99%), Hercules Hoists(19.97%), Star Delta Transformers(19.51%), VCU Data Mgmt(18.35%), Gala Precision Engin(17.66%) and JSW Holdings(16.77%).
07.11 / 11:45
Airlines Strategy trends Trade Justice performer Courts Liquidation of Jet Airways: Are 1.43 lakh retail investors staring at complete losses?
Supreme Court of India has ordered liquidation of the crisis-hit airline Jet Airways as the successful bidder Jalan Kalrock Consortium failed to meet financial obligations. The liquidation order from the apex court meant that the shareholders of Jet Airways, including about 1.43 lakh retail investors, are staring at a bleak future.
07.11 / 11:13
markets Target CME Election Freedom shock What’s at stake with the Fed, now that Trump has won?
Subscribe to enjoy similar stories. When Federal Reserve officials decide this week on the path for interest rates, they will have a new factor to consider: the re-election of Donald Trump. Not only could Trump’s policies affect the path for inflation and growth, his return to the White House also poses questions about the Fed’s freedom to set rates without political interference.
07.11 / 11:13
UPS Booking Manufacturing economy Death Trade reports Bibek Debroy and the unbearable lightness of being an economist
Subscribe to enjoy similar stories. Seeing that I prefer fountain pens, Bibek Debroy suggested that I should write an economic history of India, telling the story through the decline of fountain pens manufacturing post-Independence. Interesting idea, but it doesn’t excite me, I replied politely, grateful for the encouragement.
07.11 / 11:13
UPS economy Bill pandemic President show 2020 How Trump won the economy-is-everything election
Subscribe to enjoy similar stories. The experts said the economy was doing great. Everyday Americans disagreed.
07.11 / 11:05
Provident Target economy Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decade
07.11 / 11:05
economy Election President country social reports Germany's coalition collapses dramatically. Scholz plans to lead with a minority government
Germany’s leader is expected to lead the country with a minority government after the collapse of the coalition
07.11 / 11:05
Fallout Election President War stage rights 50 European leaders assess how Trump will affect their fortunes. German crisis adds to challenges
Around 50 European leaders will be reassessing their trans-Atlantic relations in the hope that Donald Trump's second U.S. presidency will avoid the strife and political pitfalls of his first administration
07.11 / 11:05
markets COST UPS wellness reports Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned
07.11 / 11:05
UPS Citi Target President War reports An 8-hour Russian drone barrage keeps Kyiv on edge as the war in Ukraine nears 1,000 days
Dozens of Russian drones have targeted the Ukrainian capital Kyiv in a nighttime attack that lasted eight hours
07.11 / 10:25
Digital Entertainment Election Boxing film love performer Fantasy thriller KA Telegu OTT release soon? Producers clarify on Kiran Abbavaram movie
Kiran Abbavaram’s latest Telugu fantasy thriller, KA has been winning over the viewers. The film has been a hit since its release and is being lauded for its captivating storyline and impressive performances which have contributed to its strong box office performance. Amid its successful run in the theatres, rumors about its OTT release have surfaced on the internet. The makers of the film addressed the speculations and cleared the air about KA’s digital debut on OTT.

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