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The pole star, also referred to as North Star, has been synonymous with surety or precision and has been relied upon by humans since time immemorial. In essence, there is no effect of the Earth’s rotation on the angle of vision between our planet and the pole star, giving the impression that it does not move as the night passes.

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the end of the year.

Much of America’s two-speed economy is powering ahead, but it’s left a trail of destruction behind it. The laggards are starting to get into serious trouble, with the worst-hit, low-income consumers held back by powerful forces: higher interest rates, inflation and the depletion of pandemic-era support. This is terrible news for those left behind, and bad too for investors in the companies that sell to them.

News18 summit, PM Modi said, “We are making road map for next 25 years and plan for first 100 days of our third term." Criticizing the Opposition, PM Modi said, “The opposition has hurled over 100 abuse at me and called me Aurangzeb. ‘Meri Khopdi Udaane Ka Plan Banaya’." A safe country is the basis of a developed India, PM Modi said adding that the National Democratic Alliance (NDA)-led government works with a 'nation first' approach, and that India has no reason to be behind any country. “Today world is calling 21st century India's century; India's confidence level can be seen in citizens' conversations today," said PM Modi.

India Inc. intends to use domestic arbitration more in future for the resolution of both small and large disputes, a survey conducted with about 110 respondents including general counsels and promoters of companies showed. The survey by law firm Khaitan & Co shared exclusively with ET, showed that companies will use domestic arbitration for both small disputes (75%) and large disputes (85%) over any other dispute resolution mechanism.

The latest measures of U.S. inflation have turned out to be hotter than expected

A report by a European business group says that uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China

On March 20, 2024, Bengaluru hosted this forward-looking event that showcased ideas, information, and insights for investment advisors, mutual fund advisors, equity traders, wealth advisors, and distributors of wealth products, with wealth experts providing actionable insights into diversification, risk management, cryptocurrency prospects, and Gold ETFs. Demystifying bonds as an asset class and shedding light on why it could be the unsung hero in diversifying an investor’s portfolio was Ajinkya Kulkarni, Co-Founder and Chief Executive Officer (CEO) of Wint Wealth. Kulkarni was speaking as part of a Fireside chat titled ‘Risk-averse Investors: Beyond Equities — Bonds’ at the ‘ETMarkets Emerging Investment Opportunities’ on-ground event, presented by Mudrex. Diving into another dimension of non-equity-based investment avenue, that of India’s enduring asset class—fixed deposits (FDs)—was Saurabh Jain, the CEO of Stable Money, who shed light on FDs as an alternative beyond traditional equities.

LONDON — The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists are divided on when the first cut will come.

Price rises in the U.K. eased more than anticipated in February, raising expectations that the Bank of England may start cutting interest rates in the next few months

Looking for a car to inspire adventure on the open road for spring break and beyond

Asian shares have closed mostly higher while European markets opened lower as investors awaited the latest signals from the Federal Reserve on the timing of cuts to interest rates

Laffer Associates founder and Chairman Art Laffer reacts to potentially replacing Jerome Powell as Fed Chair and discusses whether the Fed will cut interest rates in 2024 on 'Making Money.' #foxbusiness #makingmoney

Pradip Kumar Das, Chairman and Managing Director of IREDA, highlighted the significant growth the organization has witnessed in the renewable energy sector over the past three years. He emphasized that while solar energy has been a major focus, with a substantial increase of 28 times, the loan portfolio in this sector has slightly decreased to 30% in the latest audited figures. Das also pointed out that IREDA is actively involved in new and emerging areas such as rooftop solar, excluding residential projects, along with exploring opportunities in alternative sources like CBG and ethanol. Considering India's agricultural economy, there is a promising scope for growth in these sectors. Looking ahead, IREDA is set to delve into areas like pump storage, green hydrogen, offshore wind, aiming to expand its portfolio in sustainable energy solutions. Every time I look at IREDA stock and everyone is like, oh my God, is it real? It went public at less than Rs 40 and then it went to as high as 170, actually Rs 200. So, are you pinching yourself? Pradip Kumar Das: First of all, we are a responsible Government of India organisation which is spearheading the renewable energy development in the country through financing which is the most crucial aspect, not only renewable, new and emerging sector.

Sri Lanka has said it will allow foreign offshore research ships for replenishments at its ports despite a one-year ban on such vessels, a senior official has said after China protested to Colombo for allowing a German survey ship but turning down Beijing's similar request. This is the first time Sri Lanka has officially admitted that foreign research vessels will be allowed for replenishments since President Ranil Wickremesinghe's government imposed a one-year ban on offshore research vessels in December last year after strong security concerns raised by India and the US following the visit of two Chinese high-tech research vessels in 14 months. «The ban on foreign ships is for research purposes, not on replenishment,» the Economy Next portal quoted Niluka Kadurugamuwa, Sri Lanka's Foreign Ministry Spokesman, as saying. «There was a German research vessel recently for replenishment and Sri Lanka allowed it,» he said.

Also Read: Inflation to ease, FY24 GDP growth seen at 6.6%: Kotak Bank chief economist Upasna Bhardwaj “The recent performance in assembly elections suggests that: a) the ‘Modi factor’; b) the perception of the work done; and c) implementation of welfare programmes worked in favor of BJP. The government has refrained from turning populist and remains on the fiscal consolidation path in the run-up to the 2024 election," the UBS report said.

Summer is yet to fully set in, but taps in India’s tech capital Bengaluru are running dry. Coming on the back of Karnataka’s worst drought in over four decades, the current crisis shows us what could be in store for the rest of the country—in the immediate future for some parts, and in the foreseeable future for others—as water remains a precious and scarce commodity. The India Meteorological Department (IMD) has warned of a hotter and drier summer this year due to the El Niño effect.

Motilal Oswal Financial Services. According to market experts, the Indian markets have already priced in the anticipated status quo, with attention now turning towards the Federal Reserve's commentary for insights into the upcoming market trajectory.

int. She expects the headline inflation rate to ease to 4.5% by fiscal year 2025 (FY25) while projecting a GDP growth of 6.6% for FY24, below the government’s optimistic estimate of 7.6%. "The 6.6% itself shows a firm growth, especially in an environment where the global economy could slow down (further)," she said.

By Leika Kihara, Takahiko Wada and Mariko Katsumura

By Ariba Shahid and Asif Shahzad