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Results of the recently concluded general election for the Lok Sabha have given the National Democratic Alliance (NDA) a clear mandate to form the government for a third successive term, although there is also a message for it in the sharply reduced seats it now holds. The principal party in this alliance, the Bharatiya Janata Party (BJP), won only 240 seats, lower than the required 272 for a House majority, while the BJP had a majority of its own supporting the past two governments. While it may not hamper the smooth functioning of the government, the decline of BJP MPs in the Lok Sabha was unexpected, given that pollsters as well as the party had claimed a likely increase in its tally.

Also Read: Top Stock Recommendations: Osho Krishan suggests buying these two stocks todayHDFC Life Insurance, LTI Mindtree, Divi’s Laboratories, Shriram Finance and Wipro were the top gainers on the Nifty 50 constituents, while Tata Consumer Products, Britannia Industries, Hindustan Unilever, Cipla and Eicher Motors were the top losers.Positive global cues and favourable domestic economic data led the rally in the Indian stock market. The domestic equities followed an upmove in Asian markets and US stock market after softer than expected US inflation data and the US Federal Reserve policy decision.Read here: US Fed holds key rates elevated at 23-year high, expects single 0.25% reduction in 2024; 5 key takeaways from Fed PolicyThe US consumer price index (CPI) came in at 3.3% in May, down 0.1 percentage point from April’s 3.4%.Meanwhile, the US Federal Reserve kept its benchmark interest rate unchanged for the seventh straight meeting on Wednesday and said that “modest" progress had been made toward its long-term inflation target of 2%.

The British economy failed to grow in April in a blow to Prime Minister Rishi Sunak who has made the return of growth a central pillar of the Conservative Party’s election campaign

Nirmala Sitharaman on Wednesday said the reforms momentum will continue, which will spur growth and ensure macro-economic stability, presenting an “optimistic economic outlook” for the coming years.

Federal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep borrowing costs high for longer to suppress inflation.

The announcement comes after a Labor Department report showed that inflation slowed more than expected in May, even as prices remained high for millions of Americans.

The announcement comes after a Labor Department report showed that inflation slowed more than expected in May, even as prices remained high for millions of Americans.

Jack Otter and ‘Barron’s Roundtable’ senior writer Nicholas Jasinski discuss how rate cuts are looking unlikely for 2024.

Canadians who are self-employed must file their 2023 income tax and benefit returns by Monday, June 17.

redistribution, or dial up its focus on boosting infrastructure investment and maintaining tax incentives to encourage private investment.

PMAY) is expected to boost the supply of much-needed affordable housing and move closer to the vision of housing for all.

Harry Dent has predicted a massive stock market crash in the US next year. He stated that the markets could see some corrections resulting in a crash which will be worse than what the investors saw during the sub-prime crisis in 2008. He further stated that this will not result in an economic recession but will be worse in the form of depression in the economy. He made these comments during an interview given to Fox Business Network. Previously, the economist had been predicting this sort of doomsday scenarios for many years. Presently, after the COVID-19 pandemic, the US has been recovering with a slow and steady GDP growth and an increase in the number of jobs that have been created.

After much angst over inflation, the weaker economy in this country finally prompted the Bank of Canada to cut its interest rate by 0.25 per cent, but what now? What should investors do next now that a cut is finally official?

This was lower than the flatline growth economists had predicted. Meanwhile, core inflation, which excludes volatile prices for food and energy, sat at 3.4%, also slightly below the expected 3.5%. According to the US Bureau of Labor Statistics, food prices rose 2.1% over the last twelve months, while the energy index increased by 3.7% during the same period. Fed rate cut 'off the table' as US economy adds 272,000 jobs Richard Flynn, managing director at Charles Schwab UK, said the drop provides evidence that monetary policy is «having its intended effect», while bringing the econom...

Federal Reserve officials on Wednesday will likely make official what’s been clear for many weeks: With inflation sticking at a level above their two per cent target, they’re downgrading their outlook for interest rate cuts.

Dinesh Kumar Khara has said that deposit rates have peaked and will move southward in the medium term. The country's largest lender also said the RBI may start easing the interest rate cycle from the third quarter of the current financial year.

Inflation in the United States eased last month in a hopeful sign that a pickup in prices that occurred early this year may have passed

CAZ Investments Chief Investment Officer Christopher Zook weighs in on the Fed's handling of the economy as rate cut expectations plummet, Japan's Yen and tech earnings.

global oil demand, the International Energy Agency (IEA) said Wednesday, forecasting rise in consumption by a massive 1.3 million barrels between 2023 and 2030. In its Oil 2024 Report, the Paris-based energy watchdog said India's oil demand is forecast to grow more than any country's other than China between 2023 and 2030.

Indian stock market movements with international geopolitical developments, shifts in the US economy, and fluctuations in commodity prices such as oil and gold. This global perspective is crucial for predicting market trends and preparing for potential impacts.

Neal Mohan took charge YouTube in February 2023, after one of Google's founding employees, Susan Wojcicki, decided to step down from the role.A Stanford graduate, Mohan became part of Google, YouTube's parent company in 2008 and before becoming CEO, was chief product officer of the company.Speaking to Bloomberg about the video streaming platform's vision for the future, outlook on artificial intelligence and creators' economy, Mohan was optimistic that this is “still early days" for YouTube.Track | Markets LIVE Updates here“I want to be a place where we are the best place to create, to share, to watch, a video that you can think of regardless of where you are in the world or what device you're on. That's our that's that's my vision.