Beyond Financial News

Moody’s Investor Service, reaffirming its 6.7% growth forecast for the Indian economy for 2023. “With exports remaining weak amid an unfavourable global economic backdrop, strong domestic demand will likely sustain growth in the near-term,” the research firm said Thursday, predicting the Indian economy to grow 6.1% in 2024 and 6.3% in the subsequent year. India’s economy grew 7.8% in the April-June quarter; Moody’s expects growth momentum to have continued in subsequent quarters. “High-frequency indicators show that the economy's strong Q2 momentum carried into Q3.

Air Quality Index (AQI) in Uttar Pradesh deteriorated from the 'poor' category to the 'very poor' category on Thursday, as per the data from the Central Pollution Control Board (CPCB). In view of the worsening air quality index, the Noida and Ghaziabad district administrations on Tuesday decided to discontinue all physical classes in schools apart from those for students of Class X and XII until Friday, in view of the worsening air quality conditions. The administration suggested that schools conduct classes in online mode. Meanwhile, the neighbouring Delhi government on Monday decided to reintroduce the odd-even rule from November 13 to 20 in view of concerns about deterioration in air quality. A decision on further extending the odd-even rule would be taken later. According to the 8-point action plan, there will be a ban on entry of truck traffic into Delhi (except for trucks carrying essential commodities/ providing essential services and all LNG/ CNG/ electric trucks). The Supreme Court on Tuesday expressed grave concern over the hazardous air quality in the national capital and directed that farmers should stop stubble burning forthwith in Punjab, Haryana, and western Uttar Pradesh, saying it was one of the major contributors to air pollution. Air pollution levels can be high during the winter months for a number of reasons, including dust and vehicular pollution, dry-cold weather, stubble burning, burning crop residues after the harvest season, and commuting.

general elections in India would be one of the key triggers for the markets. Also Read: Diwali 2023 Stock Picks: Reliance, GAIL, Dr Reddy’s among top 10 buys from HDFC Securities However, analysts are bullish on the domestic markets given the resilient macros of the Indian economy. “The market is likely to witness a major rally before the next Samvat.

PM Modi slams Bihar's Nitish Kumar, BJP seeks his resignation over ‘porn story Yesterday also PM went all guns blazing against the Congress in poll-bound Madhya Pradesh, saying that the grand old party followed a "Laapata" model, in which development was missing when it ruled the state. PM Modi, Amit Shah greet LK Advani on his 96th birthday On Wednesday, PM Modi addressed election rallies in Guna, Damoh, and Morena. PM Modi accused Congress of playing with national security and said that it did its first scam of independence India in defence.

Plenty of action at Origin Energy, even beyond the stoush between the energy giant and its largest shareholder AustralianSuper.

National Australia Bank lifted cash profit by 8.8 per cent to $7.7 billion for the 2023 financial year and boosted its final dividend to 84¢ a share, but pointed to a “more challenging environment” in its second half and for 2024.

Beyond Meat’s revenue fell nearly 9% in the third quarter as higher sales of its plant-based meat in Europe failed to make up for plummeting demand in the U.S. Beyond Meat on Wednesday reported revenue of $75.3 million for the July-September period

Also Read: Amazon eliminates jobs in music division in new round of cuts In a call with investors, Chief Executive Officer Bob Iger said the added cost cutting will move Disney from “an era of fixing to an era of building." The company also plans to ask its board to reinstate a dividend payment to shareholders by the end of 2023, interim Chief Financial Officer Kevin Lansberry said. Walt Disney said it added nearly 7 million Disney streaming subscribers in the quarter, with the inclusion of “Guardians of the Galaxy Vol.

Top 10 polluted cities in India In view of the deteriorating air quality in Mumbai, several new initiatives have been taken by authorities to reduce air pollution. Maharashtra Minister Deepak Kesarkar said initiatives like, 'cleaning up the roads with water', ' sprinkling water on construction sites', and 'fogging guns are being used to clean air'. Beyond stubble burning: Why is dealing with other 'consistent' sources of Delhi air pollution important He appealed to citizens not to burst firecrackers during Diwali and extended cooperation in improving Mumbai's poor air quality index.

2008 financial crisis. His unconventional investment strategy and steadfast confidence in his convictions have established his reputation as a savvy and non-traditional investor. Burry’s current net worth is estimated to be somewhere near $300 million.

general elections loom, the question is whether it can evoke a rush of fervour that could spell an upset at the 2024 hustings. In the view of some analysts, just as the ascent of the Bharatiya Janata Party (BJP) took a revolutionary path at first, with Hindu nationalism its rallying cry, so must the opposition find a heady issue, an arouser of passion, if it expects to shake today’s status quo. After all, expectations are rife of a third BJP victory.

Adoption can be a way to build a loving family, particularly for same-sex couples, who are more likely to adopt than opposite-sex couples, according to census data

Young Americans are switched on about the importance of good financial management and want to talk about it earlier than previous generations.

LeBron James' side are currently winless on the road.

Netflix several huge hits. Having earned multiple slots on the list of the most-watched films ever, Lupin is arguably their most hit release. Series and movies coming in 2024 and beyond: 1.

Yesterday was a bizarre day; maybe it was election day, and the kids were home, or maybe it was because I slept in until 6:45 AM. I couldn’t seem to get a feel for things, and that seemed mostly because there were a few big disconnects in the market.

By Carolyn Cohn

physiotherapist, Nick Jones, played a crucial role in Glenn Maxwell's remarkable World Cup knock against Afghanistan on Tuesday night. Despite suffering from multiple cramps, Maxwell pushed through and delivered an unbeaten 201 runs, propelling Australia into the semifinals. Jones, who has been working with the Australian team for the past two years, knew that the key to Maxwell's success was to minimize his running and focus on his shots.

Rohit Srivastava, Founder, Indiacharts.com, says “there is room for more upside but not a runaway move. 44,800 may be the best case for Bank Nifty, for example, on the upside right now. We are not looking beyond that. That could happen post-Diwali, looking at the way the market is pausing at this level right now.” Given that Nifty is range-bound and Nifty Bank again continues to appear to be weak, how are you looking at both the indices? Where can we find some breakout coming in both these indices? I think above 19,450 is going to be the first hurdle that Nifty is facing. We are pretty close to that and once we get past that, we should head towards 19,700. Even in the Bank Nifty, we are very close to the 40-day average, which is at around 43,680. And above that, we can go towards maybe 43,800 or slightly higher than that also.

ET 30 Future Unicorns of Delhi-NCR report. Eminent keynote speakers Jeet Vijay, CEO of MEITY Startup Hub and Geetika Dayal, Executive Director of TIE Delhi-NCR, were joined by ET Editors Samidha Sharma, Editor — ET Startups and Tech and Miloni Bhatt, Editor — Digital Broadcast, Economictimes.com, as they took the stage to unveil the report.

RBI’s target band in July and August on account of higher food prices, which raised investor concern about whether RBI would have to hike rate again to bring inflation back under control. However, the vegetable prices that spiked and led to this acceleration in inflation were of a short-duration nature and their prices have since reversed. Over the coming quarters, MS India economist, Upasana Chachra, expects that headline inflation will remain within the target range.