Beyond Financial News

Investing.com-- Oil prices fell slightly in Asian trade on Friday, extending losses from the prior session as the OPEC+ cut supply by a smaller-than-expected margin, while weak data from China added to concerns over worsening demand. 

Economists had, in an ET poll, estimated a median 6.7% rise in gross domestic product (GDP) in the quarter. The second-quarter GDP growth is just shy of 7.8% clocked in the June quarter and significantly higher than the 6.2% recorded in the September quarter last year. Growth in the first half of FY24 was 7.7% compared with 9.5% a year earlier. «Manufacturing sustained expansion, endorsed by IIP (Index of Industrial Production) and core infra sector growth,» said chief economic advisor V Anantha Nageswaran. The higher-than-expected growth triggered a raft of upgrades in full FY24 growth estimates. «The latest numbers indicate that the economic recovery is on track despite the adverse geopolitical situation,» said Sunil Kumar Sinha, principal economist, India Ratings.

Bank of India (RBI). Economists now say that with the Q2 GDP growth rate coming in well beyond expectations, the RBI may opt for a hawkish stance in its coming monetary policy committee (MPC) announcement on December 8. The economic growth would give space to the central bank, which held its rates for the fourth consecutive time in October, to focus on food inflation, which it believes is ‘uncomfortably high’.

Europeans are again seeing some relief as inflation dropped to 2.4% in November, the lowest in more than two years

It's back to work for construction crews that are clearing land and building access roads for a $10 billion project that the Biden administration describes as an important part of the nation's transition to renewable energy

Canada’s economy contracted in the third quarter of the year, but Statistics Canada’s revised data shows the country is still managing to avoid a technical recession.

Hogwarts Legacy, the expansive game by Avalanche Software, has left players craving additional content. Despite the rich world filled with spells, magical creatures, and iconic locations, the future of downloadable content (DLC) remains uncertain. Game director Alan Tew, during IGN Fan Fest, confirmed the absence of current DLC plans, stating, «We’ve been really heads down bringing [Hogwarts Legacy] to life, so at the moment there are no current plans for DLC.» This declaration might disappoint those who have completed the main story and earned all available Trophies and Achievements, but it doesn't entirely rule out the possibility of future DLC. The absence of Quidditch, a popular sport in the wizarding world, has been a point of contention among players. Although flying on a broomstick is allowed, the lack of Quidditch participation has left fans wanting more. Speculation arises about potential DLC or a sequel introducing this beloved sport, offering a fresh and engaging experience beyond dungeon crawling and exploration. Notably, a leaker suggests that Hogwarts Legacy's map size was reduced by nearly a quarter, with the removal of the Highlands and Swamp areas. This reduction could potentially pave the way for their inclusion in future expansions or continuations of the game. However, it's essential to approach such leaks and rumors with caution, as their accuracy remains uncertain.

Stardew Valley, the popular game, is hitting the road with its first-ever concert tour, "Festival of Seasons," organized by ConcernedApe. With an initial 14 shows in the United States, Canada, the United Kingdom, Australia, and Southeast Asia, the tour expanded to 36 cities across 12 countries. The concert promises an intimate experience with fresh arrangements of the game's beloved soundtrack. Fans eagerly anticipating the tour can now find details on dates, cities, and ticket sales.

Laya Madduri, Secretary, Government of Assam said that financial inclusion is a critical issue that demands our attention. Microfinance institutions play a crucial role in filling the void to provide financial services in rural areas. Madduri at the 2nd National Summit on Financial Inclusion — “Accelerating Tech-Driven Financing to the Unbanked.” The national summit was organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) in Guwahatiunderscored, «Even those with access to financial resources often lack clarity on saving for the future.

Tobey Maguire's triumphant return in «Spider-Man: No Way Home,» fans are left wondering if the iconic actor will once again don the red suit for "Spider-Man 4." Maguire's portrayal of the wall-crawler in Sam Raimi's early 2000s trilogy remains etched in Marvel history, prompting enthusiasts to ponder the possibilities of a sequel.

Robert N. Stavins is the A.J. Meyer Professor of Energy and Economic Development at Harvard Kennedy School.

RSS3 is developing a MetaMask Snap which aggregates, streams, and displays decentralized social information, such as content from Farcaster and Lens Protocol. This Snap aggregates all supported decentralized social graphs and provides close to real-time notifications of Web3 social activities.

NASA's plan to create human settlements on the moon by 2040. To take a significant leap in humanity's quest to explore beyond our home plane and establish sustainable habitats on the moon, the US space agency has made clear plans. It believes that by 2040, Americans will inhabit lunar residences. It has developed the Artemis program, a multifaceted initiative that aims to return humans to the lunar surface and set up a sustainable presence.

A man on Montreal’s south shore claims a vehicle he purchased in September was unlawfully taken from him by the former owner of the car, leaving him out of pocket several thousand dollars.

₹500 crore in domestic box office collections within nine months and make for the top three highest grossers of all time in the Hindi language. Until 2023, the highest Hindi language grosser was Aamir Khan’s Dangal, which had made ₹387.38 crore when released in 2016.

₹20,000-25,000 or less, with the rigors of big-city life thrown in, many don’t think the deal is worthwhile. Attrition rates in customer-facing roles have been observed to go beyond 40% in sectors like retail and banking, financial services and insurance, and employers should be thankful that the country has so many fresh graduates looking for jobs each year. But why do so many quit within months? One probable reason for the lost appeal of customer-centric roles is the fading buzz of sectors that offer most such jobs.

Balrampur Chini Mills share prices that have gained more than 15% in November also scaled 52-week highs on Thursday. Stocks of sugar companies remain in limelight with rising sugar prices amidst favorable demand supply dynamics and rising ethanol production. Triveni Engineering and Industries and Bajaj Hindusthan Sugar Ltd shares are also trading close to 52-week highs seen in October and November respectively.

Ritesh’s journey as an entrepreneur is no secret. ...

all-time high at 268,923 in 2022-23, demonstrating a 35% surge compared to the preceding year. A key element fueling this inclination is the simplified process within the contemporary educational landscape, making the financing of international education more feasible for parents and students through loans. Notably, Section 80E of the Indian Income Tax Act assumes significance in this context.

At a 140% premium over the issue price of Rs 500, Tata Technologies' listing price of Rs 1,200 beat Street's estimates. While the stock was expected to double on the listing, it went far beyond, hitting the day's high of Rs 1,400 on the NSE or a 180% uptick over the upper IPO price band. Reacting on the development, Shivani Nyati, Head of Wealth, Swastika Investmart said that the much-anticipated stock market debut was impressive with a blockbuster premium of 173% over its IPO price.

Investing.com-- Japan’s Nikkei 225 and South Korea’s KOSPI were the best performers in Asia in November as the prospect of a less hawkish Federal Reserve boosted risk assets across the region.