Economy Financial News

16.11 / 19:35

Citi FIVE Waters economy country gatherings prevention Demand for seafood is soaring, but oceans are giving up all they can. Can we farm fish in new ways?

Aquaculture has been the fastest growing food sector in the world for decades, and people now eat more farmed fish than wild fish

16.11 / 19:35

IPO Maxim CEO Platform economy 2020 Alibaba shares plunge as much as 10% after canceling plans to spin off cloud unit

Shares of Chinese e-commerce firm Alibaba Group Holding plunged as much as 10% in New York after it said Thursday it scrapped plans to spin off its cloud business because of uncertainties related to U.S. chip restrictions

16.11 / 19:35

FIVE Action economy Nov show reports Department jobless claims US applications for jobless claims rise in a labor market that remains very healthy

More Americans filed for jobless claims last week, and while the labor market remains broadly healthy, there have been recent signs that it may finally be cooling

16.11 / 19:35

Cooper economy President show country reports Rocky Xi-Biden meeting seen as putting rocky relations back on course, though main differences remain

U.S. President Joe Biden and his Chinese counterpart Xi Jinping haven't resolved any of the vital geopolitical issues dividing the world’s two largest economies

16.11 / 19:35

Target CEO economy show beautiful reports Department end Macy's puts up strong third quarter numbers, raises profit outlook and top end of full-year revenue

Macy’s third-quarter sales declined as consumers remain cautious on their spending, but the results and its adjusted profit both topped Wall Street’s expectations

16.11 / 17:25

Platform economy President country G20 group seeks ₹1 tn fund every year to grow startups

how to formulate it. The platform for this will be ready in the next three-to-four months. However, it will require efforts to make sure all the heterogeneity is addressed," he added.

16.11 / 17:17

Progressive Fighting economy Remark Coronavirus pandemic Fed's Cook says economic risks two-sided, 'soft landing' possible

SAN FRANCISCO (Reuters) — The U.S. central bank must steer between the risk of doing too little and taking the fight against inflation too far, Federal Reserve Governor Lisa Cook said on Thursday, a task made particularly delicate because other global central banks have also tightened monetary policy quickly over the past couple of years.

16.11 / 16:37

economy Immunic track reports Hindalco’s shine relies on aluminium prices

Hindalco Industries Ltd were not immune, rising by 4% and also touching a new 52-week high. Prior to this, the stock was up 3% in 2023 so far. But to keep investor sentiment intact, a significant uptick in demand for aluminium is necessary, which in turn would lift the metal’s prices.

16.11 / 16:17

Provident economy show country information reports Oil prices retreat on US inventory build, global demand woes

Investing.com — Oil prices retreated Thursday, weighed by indications of additional supply from the U.S., the world’s biggest producer, as well as worries of easing demand in China.

16.11 / 14:59

Citi Target Progressive Action economy country innovations India undertaking largest planned urbanisation programme in world: Minister Puri

India is undertaking the largest planned urbanisation programme in the world, Union minister Hardeep Singh Puri said on Thursday. The total investments for urban development since 2014 have risen 10 folds to more than Rs 18 lakh crore in comparison to the previous 10-year period, the Union housing and urban affairs minister said at the launch of CITIIS 2.0 — the City Investments To Innovate, Integrate and Sustain challenge.

16.11 / 14:37

Williams economy Nov Bill President Department Futures slip as peak rate optimism wanes; Cisco drops

By Shristi Achar A and Amruta Khandekar

16.11 / 14:37

Ripple economy Moodys show performer information Gold: Will US Dollar Weakness, Fed Pivot Hopes Push Metal Back Above $2,000?

On Tuesday, inflation data came in only slightly below consensus, garnering a strong response from the financial markets. This not only translated into robust gains in the stock markets but also triggered a depreciation of the U.S. dollar and a decline in Treasury bond yields.

16.11 / 13:51

Provident Target economy Remark Bitcoin Bitcoin Price end Crypto Veteran Expects Bitcoin to Maintain Bullish Momentum, Targets $40,000 by Year-End

Markus Thielen, research head at Matrixport and founder of DeFi Research, expects Bitcoin’s bullish momentum to persist and drive prices toward $40,000 by the end of the year.

16.11 / 13:27

Strategy economy Bill show consequences Department Wall Street Loves Washington’s New Debt Approach—For Now

Swelling deficits and weak investor appetite for long-term U.S. debt are pushing the Treasury Department to get more creative with how it borrows. Markets are thrilled—but the approach comes with risks.

16.11 / 12:37

Waters Apple economy show folk testing 4 behavioural biases that negatively impact one’s ability to invest in and how to avoid them

Once again, India seems to be in a sweet spot. We have just hosted the G-20, the World Cup is in full swing with India coming in strong with back-to-back victories, China seems to be committing eco-political hara-kiri, and most importantly India’s economy and stock market are scaling new heights.

16.11 / 12:37

Provident Digital economy country voice innovations reports tokenisation Digital payment Six digital payment trends that may simplify tokenisation in India. Details here

Visa, the global leader in digital payments, unveiled a comprehensive report detailing how tokenisation is driving India's digital economy. The report, «Enabling the Digital Shift: Tokenisation in India’s Economic Landscape», marks one year since the effective date of the RBI’s mandate on tokenisation for e-commerce transactions.

16.11 / 12:15

Provident Waves FIVE Gap economy Bill 500 S&P 500 Stalls Above 4,500 as Yield Curve Normalization Begins: Is the Rally Over?

Stocks finished flat yesterday, following the slightly stronger-than-expected retail sales and weaker PPI data. Overall, yields and the dollar rose, which helped hold the S&P 500 to a gain of only 16 bps.

16.11 / 11:41

economy Align Browser performer stage country information Investing in India – is it too late to benefit from the rally?

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16.11 / 11:41

Reuters economy Boeing Nov Browser show recommendations UK inflation slows sharply, boosting BoE and PM Sunak

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16.11 / 11:38

Target economy shock RBI Bulletin: Monetary policy disinflationary to bring inflation under target, festive demand remains ebullient

Bank of India (RBI) said in its latest November bulletin that the monetary policy is ‘actively disinflationary’ to bring the headline inflation under target of 4 per cent, while supporting growth at the same time. "We are not out of the woods yet and have miles to go, but (inflation) readings of around 5 per cent and 4.9 per cent in September and October, respectively, are a welcome relief from the average of 6.7 per cent in 2022-23 and 7.1 per cent in July-August 2023," the RBI said in its 'State of the Economy' article in the bulletin.

16.11 / 11:09

BLOCK Racing economy President country innovations reports The global AI race for supremacy is intensifying: India must define its role

In less than a month, leading economies have formally underlined their commitment to the development of responsible artificial intelligence (AI). In the US, President Joe Biden issued an executive order setting out standards for AI safety and security. The UK’s AI Safety Summit saw 28 countries and the EU coming together to release the Bletchley Declaration, promising “to work together in an inclusive manner to ensure human-centric, trustworthy and responsible AI." The G7 leaders released their International Guiding Principles on AI and a voluntary code of conduct for AI Developers under the Hiroshima AI process.

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