BAY Financial News
07.07 / 01:27
Extreme
Yellow
BAY
Orange
Odisha Monsoon rain: Light to moderate rainfall in next 24 hours, says IMD
Also read: Monsoon Rain LIVE Updates: Light to moderate rainfall likely in parts of Odisha today: IMD Dr Biswas further mentioned that there is a possibility of heavy rainfall in certain areas, and Bhubaneswar can expect cloudy skies in the next 24 hours. The IMD had previously issued a yellow warning for 18 districts in Odisha from July 3 to 7.
06.07 / 15:43
COST
Provident
Strategy
BAY
CIBC
Posthaste: Bank of Canada rate hike 'at best unnecessary — at worst a mistake,' says CIBC
A Big Six bank economist is calling on central bankers to stop hiking interest rates, labelling the last increase and any others to come as “unnecessary at best” because policymakers are misreading the tea leaves on consumer spending.
06.07 / 00:47
UPS
Provident
Target
BAY
Future
Almost all Fed officials favour future hikes
«Almost all participants judged it appropriate or acceptable to maintain the target range for the federal funds rate at 5% to 5.25%,» minutes from the June 13-14 meeting said. «Some participants indicated that they favoured raising the target range for the federal funds rate 25 basis points at this meeting or that they could have supported such a proposal.» Officials supporting a hike cited tight labour markets and relatively few signs that inflation was slowing toward the 2% goal.
05.07 / 02:47
Lowe's
Yellow
BAY
Orange
week
Mumbai
Mumbai rainfall: IMD issues yellow and orange alerts for this week. Check IMD prediction
Colaba: This region is expected to receive rainfall till Friday with a generally cloudy sky Santacruz: Cloudy sky with heavy rain likely in Santacruz till Thursday. The IMD predicted moderate rainfall on Friday and Saturday and light showers on Sunday and Monday.
04.07 / 17:31
BAY
Southern
Rajasthan records highest rainfall in June in 123 years
Rajasthan recorded the highest rainfall in the month of June in 123 years, an official said on Tuesday. The state received a total rainfall of 156.9 mm in June, which was 185 per cent more than the average, and the highest rainfall recorded in the month since 1901, Radheshyam Sharma, Director of Jaipur Meteorological Department, said. In 1996, the maximum rainfall recorded in June was at 122.8 mm, he added.
04.07 / 09:41
MET
FIVE
Extreme
BAY
Delhi may get moderate to heavy rains in next 2 hours
New Delhi: Several parts of the national capital are likely to see moderate to heavy showers in the next couple of hours, the India Meteorological Department (IMD) said on Tuesday. “Intense cloud patch entering into Northwest Delhi likely to cause moderate to heavy spell over Northwest, Central and Southwest Delhi during next 1-2 hours," the weather office said.
03.07 / 19:15
03.07 / 02:47
Yellow
BAY
IMD issues yellow alert for 18 districts of Odisha from July 3-7
IMD) in Bhubaneswar, Odisha, has issued a yellow warning for 18 districts of Odisha from July 3 to 7. According to the IMD forecast, light to moderate rain or thundershowers are very likely to occur in a few places in the districts of Odisha.
01.07 / 21:05
MET
BAY
Bobby Bonilla Day: Why does New York Mets star Bobby Bonilla gets $1.2 million on July 1?
Bobby Bonilla, a former New York Mets star who retired in 2001, receives a check worth $1,193,248.20 from the Mets. This arrangement will continue until 2035 when Bonilla turns 72. The ongoing payments stem from a deferred contract buyout agreement made between Bonilla and the team in 2000, ensuring he receives a significant sum for a period of 25 years.
30.06 / 14:29
30.06 / 13:05
COST
Digital
BAY
Morningstar
Banking headwinds just getting started, so hold off buying the Big Six
Canada is still in the early innings of a credit cycle that could weigh on the Big Six banks for the remainder of the year, according to analysts at the Bank of Nova Scotia.
27.06 / 08:59
Blockchain
Citi
Digital
Manufacturing
Action
Strategy
BAY
China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan
Shanghai, a front-runner in the deployment of emerging technologies in China, has recently announced its ambitious «Three-Year Action Plan for Promoting High-Quality Development of Manufacturing (2023-2025).» This strategic initiative was revealed by the Shanghai Municipal Government Office, highlighting the city's commitment to accelerating the development of its digital economy with a focus on Blockchain, Web3.0, and the Metaverse.
10.06 / 06:41
UPS
Provident
Digital
Enterprise
PwC
BAY
Future
Standard
Shaping the Future of Banking: Standard Chartered and PwC China Release White Paper on Central Bank Digital Currency"
Standard Chartered, in collaboration with PwC China, have co-published a comprehensive white paper detailing the potential advancements in the future of banking, courtesy of Central Bank Digital Currency (CBDC). This report highlights the benefits that CBDCs could offer in retail sectors, international trade, and supply chain finance, as well as their potential to enhance customer loyalty programs and provide innovative supply chain financial solutions.
03.03 / 07:57
UPS
ETH
BAY
Can Shanghai upgrade anticipation keep ETH selling pressure at bay?
After the Ethereum merge, the prices of ETH declined massively and addresses were left holding their ETH at a loss.
01.03 / 01:47
UPS
BTC
Lowe's
BLOCK
BAY
Bitcoin
bitcoin volatility
fall
Bitcoin Volatility Expectations Fall Sharply After BTC Price Failure to Break $25K
This time last week, Bitcoin looked like it might be on the verge of mustering a key short-term bullish breakout. The world’s largest cryptocurrency by market capitalization had formed a bullish short-term ascending triangle pattern and looked like it was about to break above the key $25,200-400 area, opening the door for a quick run higher towards the next major area of resistance around $28,000.
22.02 / 05:39
Provident
BAY
APE meanders despite BAYC and MAYC’s growth, here’s why
Over the last few days, the number of Non-fungible Tokens [NFT] transactions in the crypto space witnessed a massive surge. NFT collections on various networks observed higher interest from the crypto community. Yuga Labs, which has one of the largest NFT collections in the crypto space, also capitalized on this opportunity.
14.02 / 11:29
BAY
world economy
Don’t Count on China to Save the World Economy
The world is counting on an economic bounceback from China to power global growth and help keep recession at bay. Don’t bank on it.
13.02 / 17:23
BAY
world economy
Don’t Count on China to Save the World Economy
The world is counting on an economic bounceback from China to power global growth and help keep recession at bay. Don’t bank on it.
15.12 / 19:29
13.12 / 20:45
BAY
NOT
China’s Zero-Covid Policy Is Ending, but Not Everyone Is Celebrating
HONG KONG—After three years of trying to keep Covid-19 at bay, China is finally loosening its draconian zero-Covid rules. But instead of celebrating, many people are hunkering down, cutting spending and avoiding public areas as they prepare for more Covid cases.
02.12 / 18:07
UPS
BAY
Scientists find COVID pandemic-related stress has actually aged teenagers' brains
The COVID-19 pandemic has not only led to poorer mental health among teens - but it has also physically aged their brains.
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