Economy Financial News

07.03 / 10:51

markets Provident Gap economy inclusion information International Financial International Women's Day 2024: This is how fintech enables financial inclusion of women

Also Read: International Women's Day 2024: 7 financial habits to help you boost your finances Financial inclusion plays a pivotal role in empowering women in India. Providing women with access to essential financial services such as banking and credit can foster their financial independence and bolster the nation's economy.

07.03 / 10:51

markets UPS Manufacturing Strategy economy country Can India, Indonesia and Saudi Arabia be the next great economies?

developing countries’ ideas for growth are staggeringly ambitious. India and Indonesia hope to become high-income countries within 25 years. Muhammad bin Salman, Saudi Arabia’s crown prince, wants to diversify and develop its economy just as rapidly.

07.03 / 10:13

economy Election President show country audience rights In State of the Union, Biden to sharpen contrast with Trump

By Steve Holland

07.03 / 10:13

markets economy Trade show track patient Rate Cut Dollar retreats on rate cut hints; euro awaits ECB meeting

Investing.com — The U.S. dollar traded on the backfoot Thursday as potential Federal Reserve’s rate cuts appeared to draw nearer, while the euro slipped lower ahead of the latest European Central Bank meeting.

07.03 / 10:01

markets Google Platform economy President students track HP plans retail expansion, affordable subscription models in India

Las Vegas: HP aims to expand its retail and partner presence in tier-2 and tier-3 towns in India to cater to small businesses, first-time personal computer users, students and people who have not had access to laptops, the company’s India managing director Ipsita Dasgupta said. Speaking at the HP Amplify Partner Conference 2024 in Las Vegas, Dasgupta said that the company is also working on subscription models for small towns and rural India users, keeping in mind the affordability of devices.

07.03 / 10:01

markets ETF economy Cycling DSP Mutual Fund launches US treasury fund of fund

DSP Mutual Fund on Thursday announced the launch ofDSP US Treasury Fund of Fund, an open-ended fund-of-funds scheme investing in units of ETFs and/or funds focused on US Treasury Bonds. The new fund offer or NFO of the scheme is open for subscription and will close on March 13. The scheme will offer investors an opportunity to benefit from Fed interest rate policies by investing in US Treasuries. More than 95% of the fund's assets will be invested in the money market, floating rate, short, medium and long-duration funds.

07.03 / 10:01

UPS Manufacturing Analysis economy show India's fuel demand rises 5.7% YoY in February on strong factory output

fuel consumption rose 5.7% year-on-year in February, government data showed on Thursday, helped by strong factory activity in the world's third-biggest oil importer and consumer. Total consumption, a proxy for oil demand, totalled 19.72 million metric tons (4.98 million barrels per day) in February, up from 18.66 million tons last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Demand was up about 5.1% on a daily basis from the 4.74 mbpd (20.04 million metric tons) consumed in January.

07.03 / 08:27

markets Airlines economy Trade show travelers European stocks fall ahead of ECB meeting; German factory orders slump

Investing.com — European stock markets slipped lower Thursday, amid caution ahead of the latest European Central Bank rate-setting meeting.

07.03 / 08:27

markets Progressive economy wellness Trade show performer Japanese yen surges on BOJ pivot talk; Dollar steadies as rate cheer cools

Investing.com-- The Japanese yen rose to a one-month high on Thursday amid growing conviction that the Bank of Japan was close to raising interest rates, while the dollar curbed recent losses as Federal Reserve officials presented mixed cues on interest rates.

07.03 / 07:20

markets UPS economy wellness pandemic reports Sensex at 74,000! A look at its journey from 1,000 in 1990 to current level

Read here: Tata Steel, Bharti Airtel & others hit 52 week high today ; Do you own any? Meanwhile, Nifty50 also hit its new record high of 22,523.65, up 49.6 points, in intra-day deals. It also hit new highs in the previous as well as today's session. The rise comes after data showing India’s GDP during the three months ending in December grew at 8.4 percent.

07.03 / 05:05

markets Manufacturing economy Tesla country Investigations Tesla quits Australia auto lobby over claims on car emission standards

SYDNEY (Reuters) — Tesla (NASDAQ:TSLA) said on Thursday it is quitting Australia's major auto lobby and resigning from its board, accusing the group of misleading consumers over the government's proposed fuel efficiency standards and the potential impact on car prices.

07.03 / 05:05

Provident economy Yellow wellness Trade Cycling Gold surges to record highs above $2,160 as Powell touts rate cuts

Investing.com-- Gold prices rose to a record high in Asian trade on Thursday, buoyed chiefly by comments from Federal Reserve Chair Jerome Powell that the central bank will cut interest rates in 2024.

07.03 / 05:05

UPS Reuters economy Trade show electronic China's Jan-Feb imports and exports beat forecasts, signals global trade rebound

BEIJING (Reuters) -China's export and import growth in the January-February period beat forecasts, suggesting global trade is turning a corner in an encouraging signal for policymakers as they try to shore up a stuttering economic recovery.

07.03 / 03:55

markets economy Sustainability trends Trade show China exports, imports rise more than expected in Jan-Feb

Investing.com-- China’s trade surplus grew more than expected in the first two months of 2024, boosted in part by some resilience in export demand, while imports were also buoyed by increased holiday spending.

07.03 / 03:55

markets Provident Target Assurant economy Trade show Oil prices inch lower as mixed US rate cues weigh; China data in focus

Investing.com-- Oil prices fell slightly in Asian trade on Thursday, cutting short a recent rally as markets awaited more cues on demand from top importer China.

07.03 / 03:11

Platform Fighting economy consequences information Courts 'Be afraid of God': Arvind Kejriwal hits out at PM Modi after TMC leader under ED scrutiny joins BJP

Arvind Kejriwal asks ED for virtual hearing after March 12 "How people are included in BJP by getting harassed by ED. After getting the ED raid done, the question is asked - where will you go - BJP or jail? Those who refuse to go to BJP, they send them to jail," wrote the Delhi Chief Minister on the X platform. Yesterday, TMC MLA Tapas Roy joined the BJP.

07.03 / 03:01

markets economy MSCI Nikkei show reports Asian shares rally on US rate relief, yen jumps on BOJ chatter

By Stella Qiu

07.03 / 03:01

Target Progressive economy Sustainability Remark wellness Cycling BOJ board member Nakagawa signals conviction over price goal

By Leika Kihara

07.03 / 02:07

markets economy Remark CME Trade Bitcoin Dollar falls with Treasury yields on views of looming US rate cuts

By Rae Wee

07.03 / 01:39

markets Target JPMorgan Gap economy Trade President Emerging markets retreat from three days of wins

Developing-world currencies were mixed on Tuesday as traders awaited key speeches and data that could shed light on the outlook for US interest rates while losses in Hong Kong-listed tech stocks drove emerging-market equities lower.

07.03 / 01:39

markets COST Target Progressive economy Remark Fed can’t cut until it’s sure of inflation win, Powell says

Federal Reserve Chair Jerome Powell reiterated to lawmakers that the US central bank is in no rush to cut interest rates until policymakers are convinced they have won their battle over inflation.

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