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ALSO READ: IPL 2024: Jasprit Bumrah reveals secret to success after MI vs RCB clash, ‘don’t be one trick pony, I train for…' However, he was upset with one thing. It was RCB's Dinesh Karthik slamming the last ball of his spell over cover for six. This was only the second six in 120 deliveries Bumrah conceded this IPL season.

The Bank of England will place more stress on developments that could upend its expectations for the U.K. economy and future interest rates as part of an overhaul of forecasting and communications recommended by Ben Bernanke, a former chair of the Federal Reserve. Published Friday, the Bernanke review is one of the first steps taken by a leading central bank to understand why it underestimated a surge in prices that began in early 2021 and dented living standards.

Also read: Donald Trump criticised for insulting Jewish & Black supporters of Biden When asked which president did more to help people like them, roughly one-third say Donald Trump and about one-quarter say Joe Biden. Yet 30% of adults said neither Biden nor Trump benefitted them. It's another data point reflecting an electorate that has been largely disappointed with this year's general election choices, generating little enthusiasm among key parts of the Biden and Trump political coalitions.

Also Read: Chinese Investors Snap Up Copper, Gold Stocks to Drive 10% Gains In the USA, manufacturing grew for the first time in one-and-a-half years in March, with significant increases in production and new orders. Similarly, China's manufacturing activity expanded for the first time in six months in March, signaling a recovery despite ongoing challenges in the property sector. However, analysts are anticipating that China will announce more stimulus measures to revive the challenges in the housing sector, which could further fuel demand for metals.

₹160 trillion, according to data from the Reserve Bank of India (RBI). Credit card debt has risen by 23% to ₹2.5 trillion, which is less than 1% of India’s nominal GDP of about ₹270 trillion for FY23. The numbers for the US paint a worrying picture.

Speaking at the Atlantic Council, Kristalina Georgieva said high inflation across advanced economies was «not fully defeated» and could require a longer wait before reducing borrowing costs. She said major economies have, generally, seen inflation trend downwards in recent months, which she expects to continue in 2024, «creating the conditions for major advanced economy central banks to begin cutting rates in the second half of the year». Invesco and Citigroup tout May BoE cut but central bank consensus eludes economists But she heeded that the «pace and timing of the monetary pivo...

Lok Sabha seat Upendra Kushwaha has voiced concern over farmers of his constituency in particular and Bihar in general not getting minimum support price and being vulnerable to middlemen. The Rashtriya Lok Morcha chief said the economy of my constituency in particular and Bihar in general is agriculture-based. Paddy, wheat and maize are the main crops. This area is called the rice bowl of Bihar. «My top priority is to ensure a better price for the produce of the farmers and also free them from the clutches of middlemen,» Kushwaha told PTI in an interview. «The NDA government at the Centre, led by Prime Minister Narendra Modi, has taken several steps to ensure the elimination of middlemen and to guarantee better prices for produce of the farmers. Steps have been taken to empower farmers and provide them with the benefit of modern technology. The NDA government gives 100 per cent guarantee for protection of the farmers' interests,» he said.

Britain's economic output grew by 0.1% in monthly terms in February and January's reading was revised higher, pointing to an exit from recession in early 2024, figures from the Office for National Statistics showed on Friday. Economists polled by Reuters had forecast a 0.1% month-on-month expansion of gross domestic product.

Savills India data. Despite occasional disruptions and sporadic inflation, India has demonstrated resilience, outpacing comparable economies with a growth rate of 7.2% in FY23 and promising projections for the future. The real estate sector, constituting about 7.3% of India's GDP, has undergone notable transformations, especially in its financing landscape post-pandemic, with renewed confidence from private equity funds. “To drive further growth, we must expand our asset pool and enhance the investor-friendly environment. Simplifying regulations and addressing sector-specific challenges are crucial for boosting investor confidence and unlocking new opportunities. With a promising economic outlook and conducive policies, India's real estate is sure to tread the growth path,” said Arvind Nandan, Managing Director, Research & Consulting, Savills India.

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High demand for ₹1 crore homes; Over 10,000 units sold in Delhi-NCR in Q1 2024 In December 2023, the Uttar Pradesh government asked Noida development authorities to register within 90 days all flats that are mire in legal cases. Under the UP government policy, registration of stalled flats can start after the builder pays 25% of dues and the remaining 75% to be paid in the next one to three years.

ANI reported. In its latest assessment, Moody's noted that India's stable outlook reflects the likelihood of gradual improvement in the country's fiscal metrics, supported by its robust growth prospects, compared to its peers, as per the report.

cutting interest rates in the second half of this year. The RBI is also expected to follow the US Fed by cutting interest rates. Let us understand whether this is a good time to invest in debt funds.

‘Looking forward to meeting with PM Modi’: Elon Musk confirms visit to India Tesla share price has jumped nearly 6 per cent this week so far on NASDAQ ahead of CEO Elon Musk's meeting with Prime Minister Narendra Modi. Musk has confirmed that he will be visiting India and meeting PM Modi amid buzz that EV (electric vehicles) maker Tesla is finally scouting for land to set up a factory in the country. Tesla share price closed 1.65 per cent higher at $174.60 in the previous session.

Interest rate outlook worries hang over the first-quarter earnings season, with the expected timeline for Federal Reserve rate cuts being pushed back as the economy remains robust.

Suzuki said authorities were analysing not just recent yen declines but factors that are driving the moves, and repeated that Tokyo stood ready to respond to any excessive currency swings. Suzuki said finance leaders from the Group of 20 major economies, who will meet in Washington D.C. next week on the sidelines of the spring International Monetary Fund (IMF) gatherings, may discuss currency moves as part of topics for debate.

The euro was eyeing its sharpest weekly fall in about four months, pressured in part by a resurgent greenback and expectations that the European Central Bank (ECB) could begin easing rates in June, likely ahead of the Federal Reserve.

A new survey of registered investment advisors shows a climate of tempered confidence in the sector, with more than two-thirds expecting at least a marginal rise in financial markets over the next year.

Canada’s productivity problem has gone from bad to worse, a panel of economists told a conference in Toronto Thursday.

Varun Berry, executive vice-chairman and managing director of Britannia Industries, India's largest biscuits maker. «We are closely monitoring input costs and competitive pricing activities to take appropriate actions,» said Berry in an interview. On Tuesday, private forecaster Skymet predicted a normal monsoon for the year, lifting optimism for farm output and rural demand, crucial for sustained revival of the FMCG sector. Last year saw irregular monsoons with either below normal or erratic rains. India's villages contribute nearly 40% of annual FMCG sales. «A normal monsoon will be a blessing for the rural economy, which has been trailing urban growth for over a year,» Berry said. He cautioned that rainfall variability across regions could impact crop output. Britannia's overall portfolio is urban-centric and 1.3 times that of its rural-focused products. In addition to Good Day, Jim Jam and NutriChoice biscuits, the Nusli Wadia-promoted company also makes cheese, croissants, cakes and breads.

India's economy is poised to achieve 8-9% growth, Confederation of Indian Industry (CII) president R Dinesh told ET in an interview, highlighting land, labour and manufacturing reforms as the key focus areas for the new government, which he said will also spur private investment. «We should consider establishing a fund to support new-age manufacturing, similar to the Innovation Fund that the government has already announced. This will play a crucial role in scaling up capacity and capability to create larger large-scale Indian manufacturing businesses,» said Dinesh, who is also the executive vice chairman of TVS Supply Chain Solutions. He further advocated a fund to assist micro, small and medium enterprises with operational expenditures, capital spending and green transitions.