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WASHINGTON — JPMorgan Chase & Co.‘s net income soared 50 per cent to more than US$14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts. Other major banks reported banner earnings for the year as businesses and consumers continued to spend despite elevated interest rates.

Subscribe to enjoy similar stories. New Delhi: The commerce ministry is preparing the standard operating procedure (SoP) for data collection to address discrepancies in import data, a top government official said, after mismatches in gold import figures reportedly embarrassed the government. Unprecedented gold imports recorded in November contributed to a record goods trade deficit of $37.8 billion.

BlackRock's assets hit a record high $11.6 trillion in the fourth quarter of last year as the world's largest money manager posted a 21% profit jump, with fee income buoyed by stronger equity markets.

According to data from the Office for National Statistics today (15 January), the downward trend was driven by restaurants and hotels, with the latter recording a 1.9% decline in prices over the month, as opposed to a rise of 3.1% in December 2023.  The CPI index was down from 2.6% in the 12 months to November, however it rose by 0.3% on a monthly basis. Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting Core CPI – excluding energy, food, alcohol, and tobacco – was up 3.2% in the 12 months to December 2024, 0.3 percentage points lower than in November (3.5%). ...

Karnataka High Court, on Wenesday allowed the Lokayukta to continue its investigation into the alleged Mysuru Urban Development Authority (MUDA) site allocation irregularities involving Chief Minister Siddaramaiah. The court directed that the probe be overseen by the Inspector General of Police, Lokayukta, and instructed the anti-corruption agency to file detailed records of its investigation so far.

Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2025-2026 in February 2025, marking her eighth budget under the Modi government.

manufacturing inflation, according to a report by ICICI Bank.

CESC and PCBL’s record date set for the interim dividends set as January 16, today makes it the last day for the investors to buy the shares of these companies in order to ensure their shareholding in the company's books for the eligibility to receive the said dividends. With the T+1 settlement system, the record date and ex-date usually fall on the same day. However, if a market holiday occurs immediately after the ex-date, they may differ.

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U.S. food inspectors documented unsanitary conditions at several Boar's Head deli meat plants, not just the Jarratt, Virginia, factory that was shut down last year

Subscribe to enjoy similar stories. China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.

The World Economic Forum’s president says U.S. President Donald Trump will take part virtually in the annual meeting in Davos just days after his inauguration

Subscribe to enjoy similar stories. MUMBAI : The recent equities sell-off, led by aggressive offloading by foreign portfolio investors (FPI), has eroded investor wealth worth nearly ₹60 trillion in the past three and a half months. Market veterans expect the pain to last so long as the FPI selling continues amid an uncertain macro environment.

Elon Musk said a third person has received an implant from his brain-computer interface company Neuralink, one of many groups working to connect the nervous system to machines.

Indian currency found support from positive inflation numbers and some recovery in domestic equity markets even though the outflow of foreign funds continued to play a negative role. At the interbank foreign exchange, the rupee opened at 86.57 and pared further losses to trade at 86.49 against the greenback in initial deals, 21 paise higher from its previous close.

Mahakumbh 2025 Live Updates: Lakhs of devotees arrived at the Triveni Sangam to take a holy dip at the occasion of Makar Sankranti, which marks the first ‘Amrit Snan’ of Mahakumbh in Prayagraj.Makar Sankranti is a Hindu festival which marks the transition of the Sun from the Southern to the Northern Hemisphere.Meanwhile, the Sadhus of the Mahanirvani Panchayati Akhada also started their procession for the Amrit Snan.According to the press release, Shri Panchayati Akhara Mahanirvani and Shri Shambhu Panchayati Atal Akhara will be the first ones to take Amrit Snan.Mahakumbh 2025 Live: A record number of devotees will arrive at Mahakumbh for the first Amrit Snan of the Maha Kumbh Mela on Tuesday.The first Amrit Snan of Maha Kumbh is special in many ways.

Caspian Sea. This "ghost island" formed due to an eruption from the Kumani Bank mud volcano and vanished shortly after. NASA recorded the phenomenon using satellite images.

Tyson Fury said Monday he had retired from boxing just weeks after suffering a second straight defeat at the hands of Oleksandr Usyk.

HCL Technologies (HCL Tech) beat the analyst expectation in terms of rupee denominated net profit and margin improvement though the dollar revenue growth was marginally below the estimates. The country’s third largest software exporter revised the lower end of the FY25 revenue growth guidance to 4.5% from earlier 3.5%, implying that it was on course to report among the best growth in the top tier.