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Subscribe to enjoy similar stories. Might this be the year that stagflation returns to the US? It has been half a century: The last time the US economy had both excessively high inflation and unduly high unemployment was in the mid-1970s, with inflation rates reaching 12.2% in 1974 and unemployment at 8.5% in 1975. The new stagflation is unlikely to be as extreme as that.

Subscribe to enjoy similar stories. On August 26th the skies over Ukraine filled with the roar of 230 missiles and Shahed explosive-laden drones. It was Russia’s biggest such attack and it ought to have been devastating, since the largest missiles each carried as much as 700kg of explosives.

Viral Shah, VP, IIFL Securities, says L&T Finance shifted its focus to retail about three to four years ago, targeting profitable yet riskier segments like microfinance and personal loans, along with mortgages. However, this reliance on high-risk areas is causing issues. In contrast, Mahindra Finance struggles due to its limited expansion beyond vehicle finance and its dependence on its parent company, compounded by a tendency to overpromise and underdeliver. I want to understand the entire setup for the NBFC space. We are done with the Q3 earnings and there are a lot of hits and misses in the NBFC space. What is the setup looking like? Viral Shah: I would say now we are in a realm where we need to differentiate between different NBFCs. There are fixed rate NBFCs; floating rate NBFCs, primarily HFCs, and in terms of the broad theme that we are now going ahead looking at it is that there is going to be a continued moderation in growth. In pockets, the asset quality is still worsening. In some pockets, there are signs that it could be peaking or it is closer to peaking in a couple of quarters and in some other segments, we may see that the tailwinds of rate cuts that RBI has done probably will flow through in the numbers, though of course it is built into the expectations already.

India is not a major exporter of metals to the US, but any global price shift would surely impact the domestic pricing also, said Naveen Mathur, Director-Commodities & Currencies, Anand Rathi Share & Stock Brokers. We may see a glut with respect to the oversupply, he opined highlighting that the other countries may start dumping the goods into India. Edited excerpts: Do you see a significant impact on global metal prices once the Trump tariffs come into force and while India is not a major metal exporter to the US, will it have a trickle-down effect on the domestic industry? As we all know, post Mr Trump's inauguration in mid of January, the markets have been pretty volatile largely because of the policies, the global uncertainties with respect to tariffs. The tariffs would definitely push up the metal prices in the US due to restricted imports. While the excess supply in the global markets, particularly China and the EU, may cause price fluctuations, India would definitely have an indirect impact or I should say it is a mix of direct and indirect impact.

Donald Trump threatens to abandon the continent’s existing security arrangements – which it spent the best part of a century leading – and Vladimir Putin presses his advantage in Ukraine ceasefire talks where Europeans have no seat.

Subscribe to enjoy similar stories. Highway tolls are eating into commuters’ budgets, with costs rising year after year. Now, the government is weighing a plan to offer discounted toll passes that could bring relief to regular highway users, according to two people familiar with the matter.

Indian aviation industry is expected to report a net loss of Rs 2,000-3,000 crore in both FY25 and FY26, according to a report by ICRA. This comes after the sector posted a net profit of approximately Rs 1,600 crore in FY24.

Mayuresh Joshi, Head Equity, Marketsmith India, says we are either very close to reaching a market low, or the market expects that earnings downgrades will mostly end as we enter Q4 or Q1. This has been a positive factor for the market in recent years. In the entire Nifty 500 index, only 15 stocks are currently trading above their 200-day moving average. Historically, during similar situations in 2008, 2014, or even during the COVID crash, the market typically finds its bottom in the following weeks, months, or days, depending on the timeframe. What should one make of this market? The market has been a bit range-bound in the last two to three trading sessions. How should one strategize for the future? What should the strategy be, given that a large part of correction is done for the SMIDs? Mayuresh Joshi: We have just recently published a few data points, which are sounding a little bit more optimistic as we speak. So, we have actually done three-four analyses. One, in terms of the bond yield and the Nifty earnings yield, this has largely contracted and this is coming up around 1.8, 1.9, in terms of the spread between the earnings yield and the bond yield.

Airbus, the world's largest commercial airplane maker, said Thursday that it was preparing for the possibility of new U.S. tariffs and would be able to «adapt accordingly,» including passing on higher costs to its American airline customers.

post-retirement life will be depends mainly on your health conditions and the financial support system that you have to get proper treatment if needed. The number of senior citizens who have adequate funds to cover all expenses by themselves is not significant in India. However, a health insurance policy helps you to get a good amount of health insurance protection by paying a much smaller amount as an insurance premium.

NASA still Moonbound, or will the next giant leap mean skipping straight to Mars?

Subscribe to enjoy similar stories. India’s insurance sector is the tenth largest in the world, and is expected to reach $170 billion by 2027. Driven by the increased sensitization to the importance of insurance and the digitization push, the sector has grown by leaps and bounds since the pandemic.

Cost accountants are equipped to conduct tax audits, a senior official of the Institute of Cost Accountants of India (ICMAI) said on Thursday, making a case for treating such professionals as accountants under the provisions of the new Income Tax Bill, amid opposition from the chartered accountants' body.

ChatGPT developer OpenAI's weekly active users surged past 400 million in February, a company spokesperson told Reuters on Thursday, highlighting rapid growth in the adoption of artificial intelligence tools.

DGCA) has urged the Delhi High Court to dismiss the writ petition filed by the Federation of Indian Pilots, arguing that a two-phased timeline has been set for implementing the contested amendments to pilot rest regulations.

When switching jobs, you probably focus on transferring or withdrawing your provident fund (PF), assuming your entire retirement savings are covered. But what if part of your money was stuck in limbo—unclaimed, inaccessible, and potentially lost forever?

Imagine a game in which you roll a six-sided dice and win a number of dollars equal to the score. So a one gets you $1, a two gets $2 and so on. How much should you pay to play?

This was a drop from -34 in January and marked the fifth consecutive monthly fall in the UK's economic expectations, according to BRC and Opinium data. At the same time, consumer confidence was almost 40 points down from the latest read back in July. Buoyant January precedes pressure costs for retailers Respondents' take on their personal financial situation dropped from -4 in January to -11 in February, but consumers' personal spending rose from -9 to -5 over the period. Helen Dickinson, chief executive of BRC, said: «People's expectations of the economy reached a new low, havi...