Economy Financial News

31.12 / 01:59

markets Analysis economy Trade Experts show track Asian stocks under pressure on last trading day of 2024

technology sector extended losses on Wall Street for a third session. Australian stocks fell about 0.7% in early trade Tuesday, with futures also pointing to a downbeat open in Hong Kong. A gauge of regional equities is set for its first quarterly loss this year. US contracts edged lower in Asia, following declines for both the S&P 500 and the Nasdaq 100.

31.12 / 01:11

Target Strategy economy Healthcare performer 2020 Pharmaceuticals Mint Primer: Climate targets: How do Nifty-50 companies fare?

Subscribe to enjoy similar stories. Out of the Nifty-50 constituents, an alarming 19 companies are yet to publicly state a target year for becoming net-zero emitters or carbon neutral. Another 20 companies have publicly announced a net-zero target and 11 have committed to a carbon neutral target year.

30.12 / 22:47

markets UPS FIVE economy wellness reports Scandals A by-the-numbers look back at Canadian finance in 2024

TORONTO — The big questions in Canadian finance heading into 2024 were whether the economy could avoid a recession and what would happen with interest rates.

30.12 / 13:59

markets Target economy wellness Trade shock Trump tariff threat looms over interest rate path in 2025

Most economists a month ago likely would have told you that Canadian interest rates would steadily decline during the first half of 2025 before stabilizing in the third quarter.

30.12 / 08:51

UPS Extreme economy War poverty country International Syria looks to pick up the pieces of its shattered economy

Subscribe to enjoy similar stories. DAMASCUS, Syria—More than a decade of civil war left Syria’s economy in shambles. The country lost billions of dollars in oil exports.

30.12 / 08:51

Digital Manufacturing economy Research Trade show country Services offer a fast and reliable path to economic development

Subscribe to enjoy similar stories. For developing countries around the world, especially the poorest, the economic terrain has seldom been so slippery. Low-income countries have already suffered a lost decade, with virtually zero per capita income growth since 2010.

30.12 / 05:17

markets Manufacturing security economy performer country prevention India retains second spot among emerging markets in November, trails China: Mint tracker

Subscribe to enjoy similar stories. India retained its second rank among emerging market peers in November, driven by a modest depreciation in the rupee, robust manufacturing activity, and steady GDP growth, according to Mint's Emerging Markets Tracker. However, a weaker stock market performance, a decline in exports, and an unfavourable inflation reading prevented India from clinching the top spot.

30.12 / 03:59

Man economy President students country consequences The misunderstood consequences of Jimmy Carter’s presidency

Subscribe to enjoy similar stories. Jimmy Carter was a good man who was president at a bad time. The question for the history books to decide is whether he made the problems worse through indecision and vacillation, or whether his tumultuous presidency was simply trapped in a period of inescapable turmoil, the seeds of which had been sown years earlier.

30.12 / 03:59

UPS Progressive economy Experts performer stage International Montek Singh Ahluwalia on Manmohan Singh: A wise, gentle and persuasive leader who made a huge difference

Subscribe to enjoy similar stories. I sat down to write this piece on Dr. Manmohan Singh immediately after attending the cremation ceremony at Nigambodh Ghat.

30.12 / 00:05

markets UPS Action economy innovations International Deregulation to be a budget priority as growth cools

Subscribe to enjoy similar stories. New Delhi: The central government is assessing regulations across sectors to identify the ones that can be relaxed in the upcoming budget and beyond to cut red tape and help revive growth in a slowing economy, according to three people familiar with internal deliberations. Preliminary discussions are underway to identify the sectors where regulatory easing could stimulate growth, the people said on the condition of anonymity as details have not been finalized yet.

30.12 / 00:05

markets UPS Strategy economy trends show social 2025 will be a crucial year for Indian creator economy

Subscribe to enjoy similar stories. 2025 will be a crucial year for Indian creator economy as the industry is expecting to see some stark trends. While some of these trends will be inspired by the current waves in western social media, the others would address the critical challenges in the Indian creator ecosystem.

29.12 / 19:55

markets Digital Strategy economy Election PAM show Rupee's backloaded retreat against the dollar mars year of rare stability

US dollar adds, at least theoretically, imports-fed inflation risks, and another layer of complexity to a decision on the cost of funds in an economy that logged its most circumspect pace of growth in seven quarters in the three months to September.

29.12 / 16:57

markets Gap economy President students Celebrity country Mint Primer: How H-1B visas got caught in the MAGA debate

Subscribe to enjoy similar stories. It allows companies to hire foreign workers for specialized roles in the US. America’s tech industry heavily relies on engineers and professionals from countries like India, with over 70% of H-1B visa holders being Indian, highlighting their role in the US tech economy.

29.12 / 15:31

UPS economy Discover Research performer inequality International Will AI help or hurt workers? One 26-year-old found an unexpected answer.

Subscribe to enjoy similar stories. Daron Acemoglu, the Massachusetts Institute of Technology professor who recently won the Nobel Prize in economics, worries that artificial intelligence will worsen income inequality and not do all that much for productivity. His friend and colleague David Autor is more hopeful, believing that AI could do just the opposite.

29.12 / 13:23

markets Digital Strategy economy Experts PAM "Go for growth", "shun protectionism": Uday Kotak lists out musings ahead of New Year

Uday Kotak, Founder and Director of Kotak Mahindra Bank, has listed ten-point priority areas for the overall growth of the Indian economy in the year that knocks our doors.

29.12 / 08:33

economy Sustainability Southern War rights peace Manu Joseph: Why we’re lucky to be Indians in such a terrible world

Subscribe to enjoy similar stories. Of late, I am hearing Indians say an un-Indian thing. When they think about a world in turmoil—the devastating wars in the Levant and Ukraine, the cruelty of militias in Africa, the upheavals in Bangladesh, the recent collapse of Sri Lanka’s economy, and of Afghanistan and Pakistan, which do not require descriptors—I hear them say, “Actually, we are quite lucky to be Indians." This sentiment is new.

29.12 / 07:23

markets security Analysis economy Research trends Trade Rupee tumbles 3% in 2024; turbulence to ebb in slow motion in 2025

Rupee settled at new lows as the year closed as dollar's resurgence weighed on emerging-market currencies.

29.12 / 01:05

markets COST Platform Strategy economy social Tech’s future is in the cloud

Generative AI, being able to pick from a variety of models is a key requirement for enterprise customers and startups looking to optimise each use case to drive business outcomes, according to executives from cloud computing giant AWS. “There is no one LLM (large language model) that will meet the needs of all customers,” said Kumara Raghavan, head, startups at AWS India and South Asia.

28.12 / 13:01

markets UPS Strategy economy social Department Donald Trump to be welcomed by new debt limit? Treasury Secretary Janet Yellen drops new bombshell

US Treasury Department has sounded a new alarm bell in the form of a new debt limit that could come into picture on January 14 next year, according to Secretary Janet Yellen. This would mean that as soon as Donald Trump comes to power at the White House after taking over the reigns from Joe Biden, his administration would witness the United States could come up against its debt ceiling, according to The Jakarta Post's latest report.

28.12 / 04:03

markets economy Nov Trade Bitcoin Department Updates Next Week in Business: jobless claims, mortgage rates and Wall Street's first trading day of 2025

The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday

27.12 / 21:21

Citi economy Food Department gatherings rights Investigations One dead, several injured after fire at Tyson Foods plant

Tyson Foods said Friday that one person is dead and several others are injured after an overnight fire at its plant in Camilla, Georgia

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