Economy Financial News
20.10 / 10:59
markets
UPS
Adobe
Software
economy
wellness
Photos
Mint Primer: How can Photoshop survive AI onslaught?
Subscribe to enjoy similar stories. NEW DELHI : Since the 1990s, Photoshop, an image-editing software, has become a colloquial verb for photo retouching. However, over the past two years, generative artificial intelligence (AI) has changed the way photo editing has worked so far, automating most of the steps into one-click commands.
20.10 / 10:59
markets
Progressive
Platform
economy
Trade
International
India needs to watch out for a remodelled EU that’s taking shape
Subscribe to enjoy similar stories. India should be wary of a remodelled European Union (EU) coming down the turnpike. The 27-member bloc, in addition to its internal contradictions, is fraying at the edges with multiple members expressing displeasure openly.
20.10 / 10:59
markets
UPS
security
economy
pandemic
2020
Sorry, Powell can’t be called the greatest Fed chair ever
Subscribe to enjoy similar stories. Even if he does oversee a soft landing for the US economy, Federal Reserve chair Jerome Powell will not deserve a place in the annals of history as the greatest central banker of all time. Not because bringing down inflation without causing a recession is as much a matter of luck as of skill—and economists will spend years debating how much of each Powell had—but because the mistakes the Fed made in 2021 will haunt the US economy for years to come.
20.10 / 04:31
20.10 / 00:51
19.10 / 16:25
19.10 / 05:49
markets
Digital
economy
Deloitte
show
social
Features
Surprising truth behind 'Shark Tank' and its impact on US economy
This was the Los Angeles set of "Shark Tank," the ABC show that for 15 years has turned business negotiation into entertainment. Aspiring entrepreneurs use hustle, gross margins and cringeworthy pitches to pry money from the so-called Sharks in exchange for a stake in their companies. On one level, «Shark Tank» is your basic reality TV show. The pitches, which last about 45 minutes, are edited to snappy 12- to 15-minute segments with music scored for suspense over tight shots of bug-eyed, sweaty supplicants. Some founders leave the tank defeated, humiliated or in tears. Others leave triumphant with handshake deals.
19.10 / 00:47
markets
Strategy
economy
wellness
Experts
reports
Entry-level sales ride on two wheels this festive season
Executives at two-wheeler companies and dealers predict the momentum to continue in the coming weeks, making this festive season ending with Bhai Dooj on November 3 to be among the best for the industry. They also project sales for the fiscal year to be close to the pre-pandemic record of 21 million units hit in fiscal 2019, boosted by an expected pickup in rural economy on the back of favourable monsoons and good farm output, as well as an increase in minimum support prices for several key crops. Also, the recent government decision raising the dearness allowance is expected to put more money in the hands of 10 million central government employees and pensioners, and a part of this is likely to be spent on buying discretionary items like two-wheelers. Sales of two-wheelers rose 15.4% in the 10-day period of Dussehra ending October 12 compared with the festival days of October 15-24 last year, shows vehicle registration data from the government’s Vahan portal, collated by Goldman Sachs. Other segments of the vehicle industry too posted growth, with sales of cars increasing by 6.6%, three-wheelers 12.3%, light goods vehicles 9.1% and heavy goods vehicles 5.8%.
19.10 / 00:01
Digital
Platform
economy
Trade
President
International
Russian President Putin Announces BRICS Crypto Adoption for Investment
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
18.10 / 18:17
markets
UPS
economy
reports
Updates
International
Next week: IMF global economic outlook, General Motors earnings, US existing home sales
On Tuesday, the International Monetary Fund issues its semi-annual World Economic Outlook and General Motors reports its third-quarter financial results
18.10 / 18:17
markets
Target
economy
President
War
country
US laments 'disappointing' Swiss decision not to fully adopt latest EU sanctions against Russia
The United States says it is disappointed with a decision by the Swiss government not to adopt all measures in the latest round of European Union sanctions against Russia over its war in Ukraine
18.10 / 17:59
markets
UPS
economy
Exodus
show
rowing
FIIs exodus sparks Nifty's longest weekly fall
Subscribe to enjoy similar stories. Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world's second -biggest economy. Analysts expect the intense battle between bulls and bears to continue amid tepid earnings and muted sentiment among direct retail investors.
18.10 / 13:23
Progressive
Action
economy
WhatsApp
trends
innovations
International
India’s self-confidence and courage of conviction are vital for asserting its global position: Piyush Goyal
Piyush Goyal said on Friday that India’s self-confidence and courage of conviction are vital for asserting its global position. «This belief empowers the nation to take bold actions, enabling it to tackle challenges and seize opportunities on the international stage,» Goyal said at the 13th SHRM India Annual Conference 2024. «India is emerging as a powerful and rapidly growing economy and this transformation showcases the nation's resilience and innovation, positioning it as a leader in global economic growth,» Goyal added.
18.10 / 13:05
markets
UPS
Target
economy
wellness
Look to bond yields after next week's Bank of Canada announcement. They're like a GPS for fixed-rate mortgages
With Canada’s official inflation measure now well below the two per cent target, two-thirds of economists think the Bank of Canada will slash its rate by 50 basis points on Wednesday. (A basis point is one-hundredth of a percentage point.)
18.10 / 13:05
markets
UPS
economy
pandemic
country
gatherings
Posthaste: There's now a bigger risk to Canada's economy than the mortgage renewal cliff
The mortgage renewal cliff has loomed like a dark cloud over Canada’s economy ever since its central bank began aggressively hiking interest rates back in 2022.
18.10 / 13:05
18.10 / 13:03
UPS
Target
Progressive
Waters
economy
Healthcare
country
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficit
18.10 / 10:39
18.10 / 10:01
18.10 / 10:01
security
economy
Election
Trade
President
country
International
US presidential election looms over IMF and World Bank annual meetings
Global finance leaders are facing a major uncertainty as they meet in Washington next week: Who will win the U.S. presidential election and shape the policies of the world’s biggest economy
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