Economy Financial News
08.03 / 09:11
security
economy
Election
peace
IMF says it will support new programme for Pakistan if government asks for one
IMF) will support formulating a new economic programme for Pakistan if its new government asks for one, a spokesperson said on Friday, and added that the fund encourages fair resolution of all electoral disputes. Pakistan's cash-strapped economy is struggling to stabilise after securing a $3 billion standby arrangement from the IMF last summer, with record inflation, rupee devaluation and shrinking foreign reserves.
08.03 / 08:27
markets
UPS
Career
economy
Research
Trade
Diversity
From Odisha to Dalal Street: Shilpa Rout's journey from MBA to becoming F&O trader & mentor to women investors
In a recent conversation with ETMarkets, Shilpa Rout, AVP — Research, Prabhudas Lilladher, shared her remarkable journeyand insights into women's participation in the financial sector. Hailing from Odisha, Shilpa embarked on a career path in capital markets, driven by her fascination with stock trading. Despite initial aspirations in marketing, she found her true calling in derivatives trading, leveraging internships to build expertise and confidence in the field.
08.03 / 08:09
UPS
Aware
security
economy
Align
stage
information
Financial
Women's Day: How can women ensure optimum financial health?
«Women need to financially empower themselves through financial independence, literacy and planning. Wealth is not solely measured by what you earn but also by what you do with those earnings — prudently planning your savings and creating a portfolio of assets — financial and physical. To achieve true financial empowerment, I encourage women to invest in learning and understanding the nuances of personal finance and eventually take informed decisions that align with their goals and aspirations. Holistic financial independence is not merely about earning or delegating decisions to others; it's about being actively involved and knowledgeable about your investments in depth. By doing so, you not only gain a sense of accomplishment but also set the stage for a secure and empowered future.” Pursue Financial Literacy: Neha Sampat. Founder, Contentstack “Growing up in the U.S., I was for
08.03 / 08:09
security
economy
Election
Food
Trade
social
rights
FTA ‘possible' before India elections, says UK trade minister Kemi Badenoch
UK Secretary of State for Business and Trade Kemi Badenoch has said. The minister in charge of signing off on the free trade agreement (FTA), now in its 14th round of negotiations, pointed to India's «protectionist economy» in comparison with the UK's liberalised regime as one of the factors behind the long-drawn discussions. Badenoch, who was speaking during a Global Trade conference at the think tank Chatham House on Thursday, stressed that she wanted to ensure a “commercially meaningful” pact as opposed to just a pre-election picture opportunity.
08.03 / 06:17
08.03 / 06:17
08.03 / 05:17
COST
economy
President
2020
medicines
Joe Biden pushes higher corporate tax, touts strong economy in key speech
Joe Biden called for higher taxes on corporations Thursday in his State of the Union address, while pushing for lower medicine costs and improved housing affordability, as he sought to allay concerns over the economy. The 81-year-old outlined his agenda in the annual speech, in an effort to speak to voters' worries while taking credit for the recovery of the world's biggest economy as he seeks reelection this year.
08.03 / 05:17
UPS
economy
Election
President
country
peace
US to revitalise partnership with nations like India amidst China's rise: Biden
China's unfair economic practice, standing up for peace and stability across the Taiwan Strait and revitalising its partnership with nations like India, US President Joe Biden has said. In his last State of the Union address before the November election, Biden said the US wants competition with China, but not conflict. Biden on Thursday told Americans that the country is in a stronger position to win the competition for the 21st Century against Beijing.
08.03 / 05:17
COST
Provident
Manufacturing
economy
Trade
President
country
How China came to dominate the world in solar energy
China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38% while its exports of key components almost doubled. Get ready for an even bigger display of China's solar energy dominance. While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing far ahead.
08.03 / 05:15
08.03 / 04:37
MET
Waters
Volkswagen
economy
Tesla
country
Commentary
Tesla, Australia auto lobby split widens as Volkswagen backs government emissions rules
By Lewis Jackson and Stella Qiu
08.03 / 03:53
markets
DOW
economy
track
reports
Stock market today: Wall Street sets another record as traders look ahead to easier rates
interest rates beckoning on the horizon. The S&P 500 rallied 1% to set its 16th all-time high so far this year. It's been on a terrific run and is on track for its 17th winning week in the last 19 after erasing the last of its losses from Monday and Tuesday.
08.03 / 03:53
markets
UPS
Action
economy
wellness
Cycling
country
What will lead and gain the most in auto sector now? Manish Gunwani answers
Manish Gunwani, Head — Equities, Bandhan AMC, says “there seems to be a fairly significant shift of sourcing from China and other countries to India. The good part is that in a lot of these segments, India has a big domestic market. So the expertise gets built and a lot of the companies are part domestic part exports. So one is just not playing only the domestic capex cycle, especially for the product makers. One is also playing this optionality that in a very big global market, they may become fairly large companies.” You have been talking about capex and infrastructure, stepping into elections. What is your narrative on the entire capex theme? And what happens post that if the government continues, which seems to be likely and the market also seems to be pricing it as of now? In that case, focus would be on private capex picking up because up until now, we have been running on government capex push. Manish Gunwani: This is not a very broad based capex theme like during 2002-2008, both in India and globally. For example, if commodity prices are soft, you cannot expect too much of capex from the steel guys, from the upstream oil and gas guys etc. But there are segments, obviously, like energy transition and power which are doing well.
08.03 / 03:25
security
economy
Remark
Election
President
Asif Ali Zardari is set to be elected as Pakistan President, says PM Shehbaz Sharif
Asif Ali Zardari is set to be elected as the next President of Pakistan, Prime Minister Shehbaz Sharif said that there will be strong coordination between them, according to ARY News. Pakistan People's Party (PPP) Co-chairman and former Pakistan President Asif Zardari will be the candidate of the allied parties in the presidential election on March 9, Sharif said while speaking at a dinner hosted in honour of the allied parties' leaders.
08.03 / 02:01
08.03 / 00:07
markets
COST
Progressive
Fighting
economy
Remark
reports
Bank of Canada says it’s ‘too early’ to cut rates. Here’s what to expect
The Bank of Canada left its benchmark interest rate unchanged on Wednesday and signalled it’s still too soon to ease monetary policy despite recent cooling in inflation.
08.03 / 00:07
Provident
Waters
economy
Sustainability
community
stage
Relationships
Fort McKay First Nation and Suncor sign MOU on future oilsands development
Fort McKay First Nation and Suncor Energy announced Thursday they’re partnering on a prospective oilsands lease development on the northeast corner of reserve lands.
07.03 / 23:15
Manufacturing
Strategy
economy
Moodys
Trade
country
reports
Moody's upgrades India's FY24 GDP growth forecast to 8%
NEW DELHI : Rating agency Moody's on Thursday raised its forecast for India's GDP growth in FY24 to 8% from 6.6% on the back of strong government expenditure and domestic consumption. The upgrade comes a week after the rating agency raised its forecast for India's GDP growth in calendar 2024 to 6.8% from 6.1%.
07.03 / 23:15
Booking
Progressive
Gap
economy
reports
Equality
rights
The world will win only when women win
In May 1988, Alejandra Arévalo became the first female geologist to enter an underground mine in Chile. In doing so, she defied a popular myth: that a woman brings bad luck by venturing into a mine. She also broke the law.
07.03 / 22:09
07.03 / 22:09
Fighting
economy
Remark
President
gatherings
Yellen says US Congress inaction on Ukraine aid is "gift" to Putin, Iran
WASHINGTON (Reuters) — U.S. Treasury Secretary Janet Yellen said on Thursday that Congress' inaction in approving new U.S. aid to Ukraine is «nothing short of a gift» to Russian President Vladimir Putin, Iran and other adversaries as Ukrainian forces run short of ammunition to fight Russia's invasion.
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