Economy Financial News

29.08 / 11:48

markets COST UPS economy blues darts How Blue Dart is navigating challenges in a slowing economy

MUMBAI : Blue Dart Express Ltd’s revenue and profitability trajectory is struggling to take off, squeezed by rising competition, sluggish market demand and the additional burden of increased costs from recent aircraft additions. Its FY24 consolidated revenue growth stood at just about 2%, with volume remaining lacklustre. This is a stark contrast to the 17% growth seen in FY23.

29.08 / 09:37

UPS SUN economy Election BAY Far-right party aims for wins in 2 state elections as Germany's government flounders

The far-right Alternative for Germany could become the strongest party for the first time in two state elections Sunday in eastern Germany

29.08 / 08:59

markets UPS economy NVIDIA Trade show reports Asian shares mostly slip as market focus turns from Nvidia to US economy

Asian shares are mostly lower as market attention turns to upcoming data on the U.S. economy after Nvidia reported its financial results

29.08 / 08:29

Waves Apple economy Interface Browser voice The magnificent seven ways in which AI can transform human life

Over the course of human history, some technologies have had a more profound impact than others. Arguably, fire was the first ‘technology’ tamed by humans, which then led to agriculture, the printing press, electricity, computing, the internet and so on.

29.08 / 07:44

markets economy wellness Cycling Indus show reports Should investors expect big bang announcements in Reliance AGM? Sushil Choksey answers

«So, the cash cow of the company has always been the O2C division, along with gas currently, and they have well supported the retail and telecom to the growth path where we stand today on both the businesses,» says Sushil Choksey, Director, Indus Equity Advisors. How many Reliance AGMs have you tracked so far? Sushil Choksey: I am familiar with the company since listing. But how many AGMs you could have attended, that I do not recall. But initial years when there were physical AGMs, I would have attended most of them.

29.08 / 04:31

MET security economy President travelers International Biden and Xi to speak after rare U.S. security adviser trip to China

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping are set to speak over the phone in «coming weeks,» the White House said Wednesday.

29.08 / 02:35

UPS economy CME President Gold climbs on Fed rate-cut optimism, eyes on US data

interest rate cut in September and a weaker dollar, as traders awaited jobs data and a key inflation print from the world's top economy for signals on the Federal Reserve's policy path.

29.08 / 01:53

markets Blockchain UPS Digital security economy innovations South Korean Central Bank, Regulators Call for Tokenized Securities Regulations

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

29.08 / 01:27

Provident Target economy Research stage Department International India puts space station on priority eyeing geopolitical gains

New Delhi: The Bharatiya Antariksha Station (BAS), India’s own space station currently at its final approval and engineering stages, is now a top priority for the Department of Space (DoS), according to two senior officials. With a launch date of 2028 and operational target of 2035 set by the government, the space station can give India global leverage as the International Space Station seems set to be decommissioned by the end of 2030.

28.08 / 23:01

UPS Mobile economy Election Trade reports Germany and the UK seek a new bilateral treaty as Starmer pursues a 'reset' with the European Union

The leaders of Germany and the United Kingdom have announced plans to draw up a treaty meant to deepen the two nations’ trade, defense and other relations

28.08 / 18:33

Manufacturing economy Food Research Trade reports Headlines Indian economy remains resilient amid global uncertainties: NCAER

Indian economy has remained resilient but the outlook seems softer due to moderation in a couple of high-frequency indicators, according to the Monthly Economic Review for August. The review was released by the National Council of Applied Economic Research (NCAER). The report said bank credit growth of scheduled commercial banks (both food and non-food) moderated in June 2024. Personal loan credit growth and bank credit for the services sector has decelerated, it added.

28.08 / 14:37

markets UPS Apple economy NVIDIA Buffett's Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

In this article

28.08 / 12:57

UPS economy Research country voice social inclusion IT sector has survived many tech transitions: Kris Gopalakrishnan on AI's impact

MUMBAI : Senapathy ‘Kris’ Gopalakrishnan, co-founder of India’s second-largest IT services firm, Infosys, advises Indian companies and employees to learn artificial intelligence (AI) to stay relevant. Gopalakrishnan, who has become a philanthropist with his own family office and its investment arm, Pratithi Investments, told Mint in an interview on the sidelines of Global Fintech Fest 2024 on Wednesday that the IT sector is cash-rich and has capable leaders, but companies have their own growth rates, and “some may not make it." Edited excerpts: AI is the new tool that's available for us, just like it completes our sentence for us. If you want to use AI, start training yourself.

28.08 / 12:34

UPS Ethereum Citi Provident economy community innovations Why OMERTA is The Biggest Crypto Airdrop of 2024?

The OMERTA airdrop offers a rare chance to get in early on the first AAA Mafia Open-World game in Web3. As participants help to grow the game’s online presence, they earn free OMERTA tokens, gaining an early stake in a one-of-its-kind project.

28.08 / 12:16

markets COST security Strategy economy reports More than half of Gen Z, Millennial workers plan to ask for a raise

Young workers are planning to ask for more bucks as the cost of living remains a key financial concern.

28.08 / 11:58

markets ETH Provident BTC economy Trade Bitcoin PrimeXBT: Was Bitcoin’s rejection of $70,000 and Black Monday’s market shake out a coincidence?

By Matthew Hayward, Senior Market Analyst at PrimeXBT

28.08 / 11:32

Fox Manufacturing CEO economy Food President reports What sausage sales tell us about the economy: Dallas Fed

Storch Advisors CEO Gerald Storch reacts to Target’s decision to cut prices on 5,000 common items during an appearance on ‘Varney & Co.’

28.08 / 10:48

markets UPS Target Reuters economy trends reports Consumer confidence reaches six-month high, but labor market worries rise

The Claman Countdown panelists Scott Redler and Michael Landsberg give their take on the possibility of a recession.

28.08 / 10:26

markets security economy Enterprise Trade country rights China accuses Canada of protectionism over 100% tariffs on electric vehicles

China says said the tariffs would disrupt global industrial and supply chains.

28.08 / 08:49

FIVE Waters economy Sustainability abrdn calls time on Sterling Bond and China A Share Equity funds

Both funds closed on 8 August, and had become too small to be commercially viable, the firm told shareholders in two respective letters. Regarding the China A Share Equity fund, abrdn said the vehicle had experienced outflows and a «gradual decline» in its net asset value down to around £8.2m as of 29 February. This had fallen further to £5.7m as at 31 July, according to the fund's factsheet. Fidelity closes UK-domiciled Sustainable Water & Waste fund after less than five years «Small funds face a number of operating difficulties as they are unable to benefit from economies of ...

28.08 / 07:47

Citi economy Election President country Courts Nepotism in politics: A South Asian bug has bitten Southeast Asian nations

Indonesia last week was rocked by large demonstrations attended by tens of thousands in several cities against a move in parliament aimed at relaxing electoral laws. The amendment, aborted in the face of the protests, would have allowed President Jokowi’s 29-year-old son, Kaesang Pangarep, to contest regional elections in central Java.

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