Economy Financial News
15.03 / 09:17
Digital
Citizens
economy
Interface
Experts
inclusion
innovations
From Cash to UPI: How evolution of digital India fueled online payments?
The rise of digital payments in India has been revolutionary, fueled by technological progress and government efforts to promote cashless transactions and financial inclusion. Government initiatives like the 2016 demonetisation, aimed at reducing black money and encouraging cashless transactions, gave a significant boost to digital payments. Moreover, the introduction of the Unified Payments Interface (UPI) by the National Payments Corporation of India (NPCI) transformed the digital payment scene. Today, India boasts one of the world's most advanced digital payment systems.
15.03 / 06:59
markets
Target
economy
trends
show
country
Updates
Will the BOJ hike interest rates in March? Analysts weigh in
Investing.com-- The Bank of Japan is set to conclude a two-day meeting this coming Tuesday, with markets focused squarely on whether the central bank will mark an end to its ultra-dovish policies by raising interest rates.
15.03 / 05:34
markets
UPS
JPMorgan
economy
Remark
Food
pandemic
View: India has made it to the launchpad. It still needs a spark
This year, Indian debt will begin to be included in global bond indexes, starting with JPMorgan Chase & Co.’s products in June, followed by the Bloomberg Emerging Market Local Currency Government Index from January 2025. (Disclaimer: Bloomberg LP, the parent company of Bloomberg News, offers index products for various asset classes through Bloomberg Index Services Ltd.) And, when last quarter’s growth numbers were announced in the past fortnight, analysts were startled to see that the Indian economy had apparently grown at an annualized rate of 8.4%. There are certainly solid grounds for optimism. India’s macroeconomic stability is impressive compared to many of its peers. Pandemic spending wasn’t excessive. The fiscal deficit has been steadily shrinking as a proportion of gross domestic product. The rupee has been remarkably stable. And “core” inflation, which excludes food and fuel prices, has eased to 3.3% year-on-year, according to data released this week.
15.03 / 05:34
IPO
Digital
Platform
economy
band
AVP
Enfuse Solutions IPO: Check issue size, price band, GMP and other details
Enfuse Solutions opened for subscription earlier today and will close on March 19. The company aims to raise about Rs 22.2 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.
15.03 / 05:33
markets
UPS
Citi
economy
Trade
show
Gold and silver prices Today on 15-03-2024 : Check latest rates in your city
silver stands at Rs.77100.0 per kg, showing an increase of Rs.2000.0 per kg. Gold and Silver prices in different cities are as follows: Chennai - Gold: Rs.67030.0/10g, Silver: Rs.80100.0/1kg.
15.03 / 05:33
markets
UPS
Reuters
Manufacturing
economy
song
reports
Chinese automakers open factories abroad as export clout causes friction
Chinese automakers seeking global growth are building more car factories in overseas markets, as foreign regulators mull imposing measures against imports of China-made electric cars. Chery Auto is holding talks with the Italian government to manufacture there, Reuters reported on Wednesday. Should the talks succeed, Chery would be among the first Chinese automakers with a European manufacturing presence. The growing clout of China car exports has been causing friction with the U.S. and Europe. Here's what Chinese automakers are planning:
15.03 / 02:57
Gap
Software
economy
NVIDIA
show
Interviews
Relationships
We must learn to be more human in the age of artificial intelligence
It was an interview of Nvidia founder Jensen Huang (bit.ly/3PcQSHB) that brought home to me the most profound effect that artificial intelligence (AI) will have: It will teach us how to be human in the age of AI. Omar Al-Olama, AI minister of the UAE, asked Huang what people should learn themselves and educate their kids in this age of AI. Huang gave a counterintuitive answer.
14.03 / 22:45
UPS
Provident
Adobe
Software
economy
reports
Smartsheet revenue outlook misses estimates, stock sinks
(Reuters) — Smartsheet (NYSE:SMAR) on Thursday provided a revenue outlook that missed analyst estimates, sending its stock down 10%, even after the cloud software seller's quarterly revenue exceeded estimates.
14.03 / 20:15
markets
Progressive
economy
Trade
War
inequality
International
Free trade has two faces and the one offering harmony must prevail
Few terms in economics are as ideologically loaded as ‘free trade.’ Advocate it nowadays, and you are likely to be regarded as an apologist for plutocrats, financiers and footloose corporations. Defend open economic borders, and you will be labelled naive or, worse, a stooge of the Communist Party of China who cares little about human rights or the fate of ordinary workers at home. As with all caricatures, there is a grain of truth in the anti-trade stance.
14.03 / 19:51
markets
UPS
CEO
security
economy
country
reports
Why the Liberals' 'dangerous' pursuit of Canada's pension billions keeps falling flat
Shortly after he was elected Canada’s 23rd prime minister, Justin Trudeau gathered the country’s top pension officials in a conference room in downtown Toronto for a roundtable discussion on infrastructure. To most in attendance that day in November 2016, the government’s intention was clear.
14.03 / 19:47
14.03 / 15:55
UPS
economy
Food
exclusive
Department
Wholesale inflation unexpectedly accelerates to highest level since September
In a wide-ranging, exclusive interview with FOX Business, Treasury Secretary Janet Yellen talks about the state of the economy and Biden's new proposed budget.
14.03 / 15:09
markets
COST
UPS
economy
Invesco
pandemic
Here's when the Fed is likely to start cutting interest rates, according to investment strategists
WEST PALM BEACH, Fla. — The U.S. Federal Reserve is likely to start cutting interest rates by the end of the second quarter despite recent «hotter than expected» inflation data, according to Kristina Hooper, chief global market strategist at Invesco.
14.03 / 14:01
markets
UPS
Provident
Target
economy
Research
Traffic
Private Equity Wants Your Credit Card Debt. And Car Loan. And Mortgage.
Private fund managers such as Apollo, Ares, Blackstone and KKR have grown to dominate corporate finance over the past decade. Now they are targeting the biggest prize in the global economy: the U.S. consumer.
14.03 / 12:01
UPS
Fox
economy
Election
President
2020
Department
Maine voters split over inflation ahead of 2024 presidential election
Maine will be a key toss-up state in the 2024 presidential election. Maine is only one of two states that splits its electoral votes and the second congressional district has voted twice for Obama then twice for Trump.
14.03 / 11:25
14.03 / 10:09
markets
UPS
economy
Trade
track
reports
Dollar gains ahead of PPI release; euro seeks ECB clues
Investing.com — The U.S. dollar edged higher in European trade Thursday, retaining recent strength ahead the release of more cues on U.S. interest rates in the form of producer inflation and retail sales data.
14.03 / 08:55
economy
2020
reports
India’s relations with Pakistan to ‘remain strained’; elevated ‘risk of armed confrontation’ with China: US intel
Pakistan has a long history of supporting anti-India militant groups, and under the leadership of Prime Minister Narendra Modi, India is more likely than in the past to respond with military force to perceived or real Pakistani provocations," the report says. “Each side’s perception of heightened tensions raises the risk of conflict, with violent unrest in Kashmir or a militant attack in India being potential flashpoints," it adds.
14.03 / 08:55
economy
Sustainability
Research
Trade
stage
country
reports
Indo-Pacific Economic Framework deal in final stage, signing likely soon
Mint on 28 December 2023 reported that legal scrubbing of both the pillars had started and the deal is expected to be signed in 2024. “Both the pillars are very important for the country. The clean economy (Pillar-III of the IPEF) is aimed at cooperation on research, development and commercialisation of clean energy and climate-friendly technologies," the second person said.
14.03 / 08:43
Citizens
economy
Election
Food
pandemic
information
Updates
economic data
India plans new population census, economic data improvements
population census, according to people familiar with the matter. The Statistics Ministry has made a number of proposals that have been discussed by Prime Minister Narendra Modi’s office in the past month, the people said, asking not to be identified as the discussions are private. These include reviving its survey of businesses, last released in 2014, and publishing the household consumption survey on an annual basis, the people said. It also plans to introduce a uniform base year for key indicators and update the basket of goods for calculating inflation, they said.
14.03 / 07:55
ETF
Extreme
economy
wellness
Trade
2020
Why are gold and silver valuable additions to an investor's portfolio? Explained
Also Read: Gold and silver prices Today on 14-03-2024 : Check latest rates in your city Here is more on why gold and silver can be considered in an investors’ portfolios. Investing in commodities requires an understanding of what drives gold and silver prices over the long term. Gold: The yellow metal is used mainly as jewellery and gold bars, apart from being considered for investment purposes as well.
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