Usa Financial News

precious metals such as gold? If yes, then you do not necessarily have to invest in the physical gold only. You may even invest in their digital avatar as well. These include sovereign gold bonds (SGBs) and gold ETFs (exchange traded funds).

US lauds India's policy of ‘forcing’ Russia to sell oil at bigger discounts "Agreed that the US and China will hold intensive exchanges on balanced growth in the domestic and global economies. These exchanges will facilitate a discussion around macroeconomic imbalances, including their connection to overcapacity, and I intend to use this opportunity to advocate for a level playing field for American workers and firms," Yellen said. On Friday, Yellen chided China for “unfair" treatment of American and other foreign companies.

global capability centres (GCCs) set up in India during the December quarter of last year were in the semiconductor space, signaling a growing interest in leveraging the local talent pool in areas spanning front-end design, performance testing, and post-silicon validation, according to a Nasscom-Zinnov report. Among the recent additions to the semiconductor sector is Signature IP, a company established in 2021 with a focus on advancing network-on-chip (NoC) technology. EdgeCortix designs AI-specific processor architecture from the ground up, and M31 Technology Corporation is a silicon IP provider. M31, with a centre in Bengaluru, is involved in IP development, IC design, and electronic design automation fields, including memory compilers and standard cell library solutions.

China -U.S. Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier Hi Lifeng agreed to launch exchanges on balanced growth in domestic and global economies, an effort she said partly aimed at addressing U.S. concerns about China's excess manufacturing capacity. After two days of economic talks in China's southern export hub of Guangzhou, Yellen said she and He also agreed to start a forum to cooperate on anti-money laundering efforts in their respective financial systems.

Indian stock market vs US stock market: On account of a strong rally in the small-cap and mid-cap indices during the January to March 2024 quarter, small-cap and micro-cap indices on Dalal Street have outperformed their counterparts in the global market, which includes Wall Street. The Nifty 500 index has risen to the tune of 6.40 percent in YTD time whereas the Nifty Next 50 index skyrocketed to the tune of 17.50 percent in CY24.

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today and stay updated with the latest financial insights! Click here!) The majority of experts expect crude oil prices to move higher in the short term due to supply-related factors and escalating geopolitical tensions.

As blue-chip cryptocurrencies nurse losses on a Friday that saw a further hawkish repricing of Fed rate cut expectations, investors looking for top crypto gainers today are turning to the highly illiquid and volatile on-chain markets for quick returns.

UNHRC adopts resolution over Gaza war, India among 13 countries to abstain The US is on high alert and is preparing for a “significant" response from Iran against Israeli or American targets in the region. Earlier this week, an Israeli airstrike hit the Iranian consulate in Damascus, killing at least seven Iranians, including two generals. While Israel has repeatedly targeted Iran-linked assets in Syria over the past few months, this was the first time an attack struck an Iranian diplomatic building.

Stocks to buy or sell: The Indian stock markets registered gains for the week gone by as they remained well supported by strong macroeconomic data in the form of PMI numbers. After record GST collection, Q4 results 2024 of the listed companies are eagerly awaited as the market is expecting satisfactory growth in the quarter ended March 2024. The growth story to continue further in FY25 was seconded by the Reserve Bank of India (RBI) when it left key rates unchanged in the RBI monetary policy meeting last week.

Qassem Suleimani with a drone strike in 2020. Israeli officials did not publicly claim responsibility for the strike (though in private they leave little doubt about their role). But they did argue that whoever bombed the embassy compound had a right to do so.

Stocks on Wall Street rallied and the dollar rose on Friday, as bond prices fell, after another blowout U.S. jobs report suggested the Federal Reserve may delay cutting interest rates while it awaits further inflation data. Gold prices hit record highs and the Mexican peso, which tends to benefit from strong U.S. consumer demand, appreciated the most since late 2015.

₹915.00. In the past 1 day, the Mentha oil rate on MCX has decline 0.6% from ₹925.70 to ₹915.00.Mentha oil is an essential oil obtained from a mint plant and India is one of the leading producers and exporters of mentha oil. Mentha oil is used in food, pharma, soaps, and other skincare/personal care products.

earthquake on April 5, measuring 4.8 magnitude on the Richter scale, followed by an aftershock, as per a Reuters report. "If there is an aftershock, people are encouraged to drop and cover and to hold, drop to the floor, cover your neck, and hold onto something that is sturdy," New York Governor Kathy Hochul stated, as quoted by CNN. Hochul further advised residents to exercise caution, especially around buildings, particularly high rises.

Gold and silver rates today: Despite the rise in the US dollar rates, gold and silver prices continue flirting with record highs throughout the week on US Fed rate cut buzz. Gold futures contract on the Multi Commodity Exchange (MCX) for June 2024 expiry climbed to a new peak of ₹70,699 per 10 gm on Friday. Silver rates too climbed to a new peak of ₹81,030 per kg on the last session of the week gone by.

In another demonstration of real-world unintended consequences, a new academic study makes a strong case that when it comes to state-level income taxes, too much can be a bad thing.

More Indian students than American took GRE test in 2022-23 for first-time ever Since 2024, there have been several cases of deaths of Indian and Indian-origin students in the US. The death of Uma Satya Sai Gadde is the latest in a string of tragedies to shock the Indian community in America. In March this year, a 34-year-old trained classical dancer from India, Amarnath Ghosh, was shot dead in St Louis, Missouri.

New Jersey at 17.59 local time on Friday. The quake was at a depth of 9 kilometres, according to the European Mediterranean Seismological Centre (EMSC). In a post on X (formerly Twitter), Governor of New Jersey, Phil Murphy wrote, “New Jersey just experienced an aftershock.

A legal ruling regarding the fate of crypto mogul Do Kwon’s extradition from Montenegro was returned to a lower court on April 5.

IPL team Royal Challengers Bengaluru (RCB), as per reports. According to the notice by the National Green Tribunal, it is based upon a media report that mentioned the Stadium getting treated water supply amid water crisis in the city. The NGT bench is headed by Justice Prakash Shrivastava, which, on April 1 this year, passed the direction to the Bangalore Water Supply and Sewerage Board to file a detailed report about the amount of and source of water being supplied to the cricket stadium.

Thomas Siebel tells Maria Bartiromo artificial intelligence is the most rapidly growing segment of the information technology industry that people have seen in four decades at the World Economic Forums annual meeting in Davos, Switzerland.

As major crypto prices chop within weekly ranges as traders contend with more strong US economic data and fresh hawkish commentary from Fed policymakers which has had the combined effect of pushing markets to downsize bets on Fed rate cuts in 2024, investors looking for fast returns continue to comb the altcoins markets for the best crypto to buy today.