Economy Financial News
31.12 / 15:37
31.12 / 14:47
COST
UPS
security
economy
President
Universities
Will the second Trump boom go bust?
Subscribe to enjoy similar stories. What could Donald Trump’s victory in the US presidential election mean for the American and global economies? In a December 2016 commentary titled The Trump Boom?, I argued that despite concerns about Trump’s personality and economic policies, it was entirely plausible that the United States could experience robust GDP growth during his presidency—albeit with a risk of higher inflation. For the “crime" of trying to be objective and suggesting that the US economy might perform well under Trump, I was condemned by fellow economists and commentators, especially progressives.
31.12 / 14:05
COST
Manufacturing
security
economy
Trade
President
An economic requiem for the Biden administration
Subscribe to enjoy similar stories. The New York Times famously prepares obituaries for notable individuals well in advance of their death. Now that President Joe Biden’s administration is about to expire, an elegy is in order for its economic achievements, failures, and missed opportunities.
31.12 / 13:15
IPO
CEO
economy
War
stage
Videos
boating
Namita Thapar calls out new sharks with ‘bohot uchhal rahe hai’ comment amid investment war. Check Shark Tank India Season 4 teaser
Shark Tank India Season 4 has reached new heights with the release of its latest promo, teasing what promises to be one of the most intense seasons yet. With new sharks joining the panel and a noticeable shift in the dynamic, the upcoming season is poised to offer more drama, fierce competition, and high-stakes investment decisions than ever before.
31.12 / 12:57
Provident
economy
Sustainability
Experts
reports
Schools
MGNREGA work demand hits a four-month high in December
Subscribe to enjoy similar stories. The number of people demanding work every month on average under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) rose to a four-month high of 25.73 million in December, according to the latest data from the government. This occurred despite a recovery in rural consumption during the first two quarters of the ongoing fiscal, driven by improved rainfall and the government's reliance on increased rural spending to offset declining urban consumption.
31.12 / 12:57
markets
UPS
Manufacturing
economy
Fallout
Trade
President
Why the dollar’s epic rally could have a little further to run
Subscribe to enjoy similar stories. The U.S. dollar is entering the new year on a high—and most signs point to more strength ahead.
31.12 / 12:57
Digital
Progressive
economy
performer
Inside
social
information
The world needs a pro-human AI agenda
Subscribe to enjoy similar stories. These are uncertain and confusing times. Not only are we contending with pandemics, climate change, societal ageing in major economies, and rising geopolitical tensions, but artificial intelligence is poised to change the world as we know it.
31.12 / 12:37
Citi
IPO
Provident
economy
trends
Celebrity
Skye Air completes 1.5 lakh deliveries in Gurugram in Dec
Skye Air, a drone delivery logistics solution provider, on Tuesday announced completion of 1.5 lakh deliveries in Gurugram during the month of December. The company attributed this record to its technology infrastructure, partnerships with leading brands, and Gurugram's openness to modern solutions.
31.12 / 12:23
markets
COST
economy
Election
Death
consequences
Headlines
What a weakening rupee means for India – and your portfolio
For the past nine months or so we’ve been seeing headlines almost every day that the Indian rupee has touched a new low. While the fall in the value of our currency can be psychologically unsettling, it’s important to put it into perspective and gauge its impact on your investment portfolio.
31.12 / 12:17
security
economy
Sustainability
wellness
country
innovations
We need energy for AI, and AI for energy
Subscribe to enjoy similar stories. In 1903, Mark Twain wrote that “It takes a thousand men to invent a telegraph, or a steam engine, or a phonograph, or a photograph, or a telephone or any other important thing." This observation still mostly holds true. The invention of artificial intelligence required decades of work by thousands of scientists, engineers, and industry leaders.
31.12 / 09:41
markets
Provident
Strategy
economy
Experts
PAM
India Budget: As we enter 2025, a lot is riding on Sitharaman's Feb 1 budget
Budget 2025: Entering the year 2025, India's economy will be riding on budgetary hopes. Finance Minister Nirmala Sitharaman will present the Union Budget on February 1 for the 2025-26 financial year which is being expected as a strong trigger for India's economy in 2025. Prime Minister Narendra Modi last week met eminent economists and sectoral experts to get their views and suggestions for the upcoming budget. Sitharaman has already concluded her pre-budget consultations with the key stakeholders, including economists, industry and trade unions.
31.12 / 09:17
COST
UPS
Analysis
economy
Food
show
New consumption survey reveals the cracks in the economy
Subscribe to enjoy similar stories. The Indian economy has grown steadily, but the lack of momentum in consumption and the impact of high food inflation have not gone unnoticed. The fact sheet of the latest Household Consumption Expenditure Survey (HCES), conducted between August 2023 and July 2024, confirms the lacklustre growth in consumption spending and a marginal shift from non-food items to food items due to high prices.
31.12 / 07:49
31.12 / 07:49
markets
Digital
Strategy
economy
PAM
social
China raises salaries for government workers to boost spending
China has awarded a range of civil servants across the nation their first significant pay rise in years, according to people familiar with the matter, as policymakers try to boost morale and spur spending.
31.12 / 06:43
markets
Strategy
economy
Align
Tesla
PAM
social
Trump re-affirms his stance on immigration as H-1B debate rages on
H-1B visa debate in the Republican party, President-elect Donald Trump has amplified Tesla CEO Elon Musk’s statement on immigration, endorsing a pro-skilled immigration stance. Trump shared Musk’s X post on his own Truth Social, highlighting the Tesla CEO’s call to honor hardworking legal immigrants and safeguard America’s foundational values.
31.12 / 06:43
31.12 / 06:27
IPO
economy
Adventure
love
Pregnancy
Schools
Interviews
Bikes unite Tamil Nadu woman and her husband. But her ride during 7th month of pregnancy sparks debate
Shivaani Mathesh, widely known as Miss Motoaddictto, recently shared her inspiring journey of balancing her love for biking with the challenges of pregnancy. Reflecting on her long-standing passion for motorcycles, she revealed how her fascination began in her school years and evolved into a defining part of her identity. Despite societal expectations in her village in Tamil Nadu, Shivaani pursued her passion, undeterred by comments about how her love for bikes might impact her future.
31.12 / 06:27
markets
Analysis
economy
wellness
Trade
President
Experts
Foreign investors to stay cautious as India’s market valuations remain high: Punita Kumar Sinha
«And if you look at the expectation and the probabilities of further rate cuts in the US, there is only an expectation of another 25 basis points cut in the next six months,» says Punita Kumar Sinha, Pacific Paradigm Advisors. A very interesting point that you made there that a couple of these MNCs now are actually looking to delist in some of the other geographies and make way for the India entry. But this particular year has been quite robust in terms of the new IPOs entering into the markets and the new companies entering into the Indian markets. But what I wanted to know is that what is keeping FIIs back from investing in coming ahead and putting the money in the Indian markets? And what can actually be changed in the overall environment to get these FIIs back into the Indian markets? What is your take on that? Punita Kumar Sinha: Well, as I said, the perception was or has been created across the world is that India is an expensive market and the valuations in India are much higher than the rest of the world, which has kept some of the foreign investors a little bit on the sidelines.
31.12 / 05:31
markets
Digital
Strategy
economy
BABA
PAM
"After Kumbh, don't call Adityanath 'Yogi Baba', but call him 'Arth Prabandhan Baba'": BJP MP Dinesh Sharma
Dinesh Sharma has praised Uttar Pradesh Chief Minister Yogi Adityanath for boosting economic growth through religious tourism ahead of the Mahakumbh 2025 in Prayagraj, calling it an 'unprecedented' effort that deserves recognition.
31.12 / 02:45
markets
UPS
Analysis
economy
Trade
Experts
rights
Muted expectations and slow rural demand suggest earnings downgrade may continue: Ajay Bagga
«So, a bit of a problem on the capex side and maybe these were priced to perfection already, were not cheap and we are seeing a sell-off there that maybe it is a two-quarter catch-up that will happen and it is not going to happen in the next quarter,» says Ajay Bagga, Market Expert. To the point that Vinay was also talking about, the crack in some of the industrial and capital good names. One would assume that around budget, there would be increased expectation of perhaps private capex picking up. First half was bad. Everybody was pinning hope on the second half of the year. What then explains this kind of sharp drops in the prices of capital good companies? Ajay Bagga: I agree with you. Normally, with the budget coming up, we see railways, defence, infra, cap goods, all these stocks going up. So, today's move, I could not really tell you. But overall, the issue has been slow government orders and slow pickup in the private capex, that we have seen because demand has been quite constricted. We have seen private capex getting postponed as well.
31.12 / 02:23
Analysis
economy
Election
War
Cycling
performer
Trillion dollar question: Will the events of 2024 set off a headwind or tailwind?
Subscribe to enjoy similar stories. Another year recedes for a new one to begin, laden with our collective hopes and expectations. The end of any time cycle is a good moment for honest reviews and barebone analysis.
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