Economy Financial News
13.07 / 09:34
UPS
Manufacturing
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Universities
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social
Schools
Women in India face a jobs crisis. Are factories the solution?
But with her husband gone, eliminating his wages as a server, she was forced to earn money. She took a job at a nearby factory run by a company called All Time Plastics in Silvassa, a city about 100 miles north of Mumbai. A dozen years later, she is still there, plucking newly molded food storage containers and other household implements off a conveyor belt, labeling them and placing them in cartons bound for kitchens as far away as Los Angeles and London. Pawar earns about 12,000 rupees per month (about $150), a meager sum by global standards. Yet those wages have allowed her to keep her daughter in high school while transforming their everyday lives.
13.07 / 09:33
MET
Cooper
economy
Myanmar
country
reports
China and Bangladesh reaffirm their ties as territorial and economic issues rise in the region
China and Bangladesh are reaffirming their ties during a visit by Bangladesh Prime Minister Sheikh Hasina to Beijing as tensions rise in the region over territorial disputes and resources
13.07 / 09:14
economy
Election
show
country
blues
2020
Updates
Capex blues: New project announcements plunge to multi-year low in Q1
₹59,931 crore worth of new projects across the country during the quarter, the lowest in over a decade and down 92% year-on-year, showed the latest data from the project-tracking database of the Centre for Monitoring Indian Economy (CMIE). The data is provisional and can be updated later. Private companies continued to lead new investments in the June quarter, but they, too, fell below ₹1 trillion for the first time since the June quarter of 2020, which saw a hit due to the covid-led nationwide lockdown.
13.07 / 09:13
markets
UPS
economy
Election
show
performer
High-priced S&P 500 powers ahead untroubled by political stress
Investor resilience was on display again in a week in which high election drama couldn’t keep the S&P 500 from doing what it’s done in nine of the last 11 weeks: go up, this time in all sessions. Even markets that initially lurched on President Joe Biden’s debate travails, such as Treasuries, calmed appreciably as economic data bolstered the case for rate cuts.
13.07 / 09:11
Provident
Booking
Strategy
economy
Sustainability
innovations
reports
India Inc. leverages ESG push to gain a competitive edge and attract investments: Jatinder Cheema
India Inc. has responded favourably to the government's initiative, acknowledging that adopting ESG principles is beneficial for compliance but also enhances long-term business sustainability. Numerous Indian companies are now prioritising initiatives to decrease their carbon footprint, promote social equity, and strengthen governance frameworks. However, these companies must now actively develop capabilities for adjusting to new reporting norms and occasionally realigning their business strategies says advocate Jatinder (Jay) Cheema who serves on the US-India Gas Task Force constituted by the Department of Energy, United States, along with the Ministry of Petroleum and Natural Gas, Government of India. How do you see the Indian government’s push for the ESG and India Inc.’s response to the same?
13.07 / 08:56
economy
Election
community
Bill
politician
mountaineering
New UK PM Keir Starmer seeks 'reset' after victory
British Prime Minister Keir Starmer is heading off Sunday to the four corners of the UK as part of an «immediate reset» with governments in Scotland, Northern Ireland and Wales. Starmer, who said he has a «mandate to do politics differently» after his party's landslide victory, will meet Scottish First Minister John Swinney in Edinburgh in an effort to «turn disagreement into cooperation». «That begins today with an immediate reset of my government's approach to working with the first and deputy first ministers,» he said. «Meaningful co-operation centered on respect will be key to delivering change across our United Kingdom.»
13.07 / 08:20
Racing
economy
Election
President
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reports
American historian who rightly called 9 out 10 Presidential elections backs Joe Biden against Donald Trump
Joe Biden has received much needed backing from an eminent American presidential historian who managed to accurately foretell outcome of nine of the past 10 American Presidential elections, as per a New York Post report. American University history professor Allan Lichtman has also advised Democratic Party leadership not to think about dropping Biden out of the Presidential election race. Lichtman also allayed fears over 81-year-old Biden's psychological fitness. While talking to CNN News Central, Lichtman cited Hillary Clinton's example as many pundits in 2016 claimed that Democratic nominee won three out of three debates and Trump's chances were thought to be diminishing. However, results of Presidential election showed that America didn't get its first women President and Trump mania roared on the ballot.
13.07 / 08:19
13.07 / 08:10
COST
FIVE
economy
Election
politician
The Latest | The UK goes to the polls in a national election with results expected early Friday
Voters in the U.K. are casting their ballots in a national election to choose the 650 lawmakers who will sit in Parliament for the next five years
13.07 / 07:54
markets
Digital
economy
Enterprise
Bill
Experts
testing
Digital Competition Bill: Gatekeeper tag likely for top digital startups
₹4,000 crore or global sales of $30 billion or gross merchandise value of ₹16,000 crore or global market capitalization or fair value of $75 billion and also meet the criterion of 10 million end users or 10,000 business users will be designated as SSDE. In addition, any enterprise which does not meet these criteria but has significant presence in the market for specified services including internet search, advertising services and operating system, in CCI’s view, will get the tag of an SSDE.
13.07 / 07:37
markets
UPS
economy
Food
Universities
show
Gold ends with gains for third straight week as US inflation falls, economic concerns grow
gold corrected lower on Friday following three straight days of gains which had pushed it to the highest level since May 22. The metal closed with a slight loss of 0.11% at $2411 on Friday as it rose for the third straight week. It was up 0.83% on the weekly closing basis. The US bond yields/Dollar Index
13.07 / 07:24
Progressive
Manufacturing
security
economy
Align
recommendations
Coal recorded 10.2 pc growth among eight key infra sectors in May
coal sector has registered a growth of 10.2 per cent among all eight core industries of the economy in May, the government said on Thursday. The index of coal industry has reached 184.7 points during May as compared to 167.6 points during the same month last year. «The coal sector has demonstrated highest growth of 10.2 per cent (provisional), following the electricity industry among the eight core industries for the month of May, 2024 as per the Index of Eight Core Industries (ICI)) (Base Year 2011-12) released by Ministry of Commerce & Industries,» the coal ministry said in a statement. The driving force behind growth can be attributed to a considerable rise in coal production during May. This increase in production underscores the sector's capacity to meet growing demand of energy and manufacturing industries.
13.07 / 07:15
UPS
FIVE
economy
stars
Sporting
4th T20I: India eye series win; Zimbabwe hope to spoil the party
India looking to win the T20I series, Zimbabwe would hope to dig deep into their experience and keep it alive as both teams gear up to square off against each other in the 4th T20I on Saturday. It will be a T20I fest on Saturday and Sunday, with India and Zimbabwe competing at the Harare Sports Club for the final two T20Is of the five-match series. The Shubman Gill-led side stepped into the first T20I, banking on youth and talent rather than experience.
13.07 / 07:08
COST
UPS
economy
Food
Healthcare
pandemic
reports
US wholesale inflation picked up in June in sign that some price pressures remain elevated
Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain elevated
13.07 / 06:40
Provident
Manufacturing
economy
Sustainability
President
country
concert
Plastic industry among leading contributors to economy, provides huge job opportunities: Govt
Plastic industry is one of the leading contributors to the economy and provides a lot of employment opportunities, Chemicals & Petrochemicals Secretary Nivedita Shukla Verma said on Thursday. She inaugurated a four-day Global Conclave on Plastic Recycling and Sustainability (GCPRS) organised by industry bodies All India Plastics Manufacturers' Association (AIPMA) and the Chemicals and Petrochemicals Manufacturers' Association (CPMA) at Pragati Maidan in the national capital. The event focuses on the rising use of plastic, its impact on the environment and also on the steps needed for solutions. According to an official statement, Verma in her address commended the efforts of the AIPMA and the CPMA for organising a conclave on a topic of paramount relevance, at a time when only ten per cent of the total plastic waste generated globally was recycled.
13.07 / 06:34
13.07 / 06:31
UPS
DOW
economy
reports
How major US stock indexes fared Wednesday, 7/3/2024
Wall Street’s record-breaking rally kept going after weak reports on the economy kept the door open for possible cuts to interest rates
13.07 / 06:30
markets
UPS
economy
Trade
show
reports
Asian markets down as traders await US jobs report
Hong Kong, Jul 05, 2024 -Asian markets were largely down on Friday, a day after Tokyo's indexes hit record highs as traders prepared for a key US jobs report while European exchanges edged up on calming electoral news from the United Kingdom and France. Japan's Nikkei 225 ended flat while the broader Topix index, which a day earlier surpassed its previous peak set in 1989, also shed some of its gains.
13.07 / 06:28
Target
Man
Action
economy
Election
country
Can the Labour Party bring back Britain’s green groove?
Britain, the birthplace of the Industrial Revolution, erstwhile coal-burning imperial behemoth, wants to be a “clean energy superpower.” At least that’s the promise of the man poised to be the next prime minister, Keir Starmer. His Labour Party was projected to win the parliamentary elections Thursday, ending 14 years of Conservative Party rule. Labour made big campaign promises on climate. How that actually plays out will be felt not only in the daily lives of people in Britain, but also on the nation’s standing in the world.
13.07 / 06:25
13.07 / 06:08
Ethereum
economy
community
President
audience
social
Ethereum Community Conference, EthCC[7], Kicks Off In Brussels
EthCC[7] the annual Ethereum Community Conference began in Brussels, Belgium. Having moved from Paris this year, the Ethereum community was out in full force to attend at an all new venue.
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