Economy Financial News

25.01 / 20:21
Digital economy performer country reports ASER and India’s demographic dividend: Is a new generation ready for the future?
The seventy-fifth Republic Day is a good occasion on which to reflect on our future outlook as a nation. The 21st century is India’s century, some say. There are aspirations that by 2050, when India celebrates its 100th Republic Day, it will be one of the largest economies in the world and a developed country in per- capita income terms.
25.01 / 20:21
markets economy wellness War country prevention The geopolitical risks we face today stem from solutions to earlier excesses
The International Monetary Fund recently raised a note of caution about India’s rising public debt-to-gross domestic product (GDP) ratio as part of a standard process of assessing country risks. Today, there is a burgeoning cottage industry of storied institutions that are compiling lists of risks arising not for specific countries, but at a global level across the domains of economics, politics, geopolitics and society.
25.01 / 19:55
markets UPS economy track cover China expands access to loans for property developers
China's central bank has announced new rules meant to expand access to commercial bank loans for property developers
25.01 / 19:55
COST UPS economy Election pandemic show reports US economy grew at a surprisingly strong 3.3% pace last quarter
The nation’s economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households
25.01 / 19:55
markets COST Target economy War country NOT Financial Financial markets are jonesing for interest rate cuts. Not so fast, says the European Central Bank
The European Central Bank has kept its key interest rate unchanged at a record high
25.01 / 19:55
markets UPS economy reports Stock market today: Wall Street rises after data on the economy stomps expectations
U.S. stocks are rising following signals that the economy is growing much more powerfully than economists expected
25.01 / 19:55
UPS EBAY economy reports Department Videos US applications for jobless benefits rise, but layoffs remain at historically low levels
More Americans filed jobless benefits last week but layoffs remain at historically low levels despite elevated interest rates and a flurry of job cuts in the media and technology sectors
25.01 / 19:39
markets COST UPS economy students CIBC reports Posthaste: Bank of Canada signals interest rate relief is coming, but brace for a wait
The Bank of Canada threw in a few surprises into what most thought would be a predictable interest rate hold yesterday.
25.01 / 19:13
markets UPS IPO economy CG Oncology valued at $1.75 billion in strong market debut
(Reuters) -Cancer drug developer CG Oncology notched up a valuation of $1.75 billion in its market debut on Thursday, after its shares jumped 52.6% at the open, as demand for new listings pick up after a two-year dry spell.
25.01 / 18:39
Aware economy pandemic country Can Centre’s capex frenzy continue unabated?
Mint explores the Centre’s options to keep infra investment going. In the 2016-17 budget, the Centre allocated just ₹2.47 trillion for infrastructure. In 2023-24, this had quadrupled to ₹10 trillion.
25.01 / 18:38
Cooper Progressive Manufacturing economy Sustainability community Diversity Navigating Growth: Maharashtra’s Ascent at the world economic forum
₹3.53 trillion, signify a collective step towards economic stability backed by trust and collaboration. It was encouraging to see the state receive interest for an additional ₹1 trillion investment, signifying opportunities in various sectors. The MoUs with diverse sectors are not merely financial commitments.
25.01 / 18:36
markets UPS Target economy information Oil prices rise 2% driven by Red Sea tensions, US crude stock draw; Brent reaches $81/bbl
₹6,359 per bbl, having swung between ₹6,208 and ₹6,378 per bbl during the session, against a previous close of ₹6,253 per barrel. Also Read:India's crude oil output down 1.03% to 2.5 MMT in December, imports rise 1.1% YoY: PPAC -The US crude stockpiles tumbled by 9.2 million barrels last week, said the Energy Information Administration (EIA). The draw was driven by a stark drop in US crude imports as winter weather shut in refineries and kept motorists off the road.
25.01 / 18:35
markets UPS economy Election Food show reports NOT Inflation or not, Indians see brighter days ahead
Optimism sweeps across India’s urban-rural divide as consumers turn more confident about their prospects in the days ahead, multiple surveys showed, despite inflation remaining a niggling concern. The positive sentiment portends good news for businesses, as they look to tap rising spending in an election year. At a time confidence fell in key Asian markets, Indian consumers turned upbeat in the December quarter, a McKinsey & Co.
25.01 / 17:44
markets Citi Provident CEO Fighting economy Department US economy grew faster than expected during the 4th quarter
Blackstone Chairman, CEO and co-founder Stephen Schwarzman provides his 2024 economic outlook, his thoughts on commercial real estate, capital market activity and downside risks to A.I.
25.01 / 17:37
markets COST security Strategy economy CME Gold gains as US Treasury yields drop after US GDP data
Gold edged higher on Thursday as Treasury yields fell after US GDP data highlighted that pace of inflation fell, while focus shifted to PCE data for further hints on the Federal Reserve's interest rate cut strategy. Spot gold rose 0.5% to $2,022.84 per ounce by 10:14 a.m. ET (1514 GMT).
25.01 / 16:58
markets COST UPS economy President show US dollar up slightly after GDP data; euro falls after ECB, Lagarde comments
dollar edged higher on Thursday after data showed the world's largest economy grew at a faster pace than expected in the fourth quarter, suggesting the Federal Reserve would be in no rush to cut interest rates amid a generally stable economy. The dollar index, a gauge of the greenback's value versus six major currencies, was last up 0.1% at 103.37. The euro, on the other hand, fell against the dollar, after mixed comments from European Central Bank President Christine Lagarde.
25.01 / 14:26
COST UPS Platform economy show social Department U.S. economy grew by 3.3% in fourth quarter
Investing.com — The U.S. economy grew at a faster than anticipated rate in the fourth quarter, as activity remained robust even as it shows signs of slowing back down to a pre-pandemic pace.
25.01 / 14:09
markets COST economy President country ECB leaves key interest rates steady at record 4% for third straight meeting
FRANKFURT, GERMANY : The European Central Bank left its key interest rate untouched at a record-high 4% on Thursday, keeping credit expensive for businesses and consumers as it tries to make sure inflation is firmly under control before cutting borrowing costs — a move expected later this year. The question is, how much later this year. Financial markets are expecting a rate cut as early as April, while ECB President Christine Lagarde has indicated it likely would happen this summer.

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