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Gold and silver were looking to bounce back following the CPI-related drop on Tuesday, in a relatively quieter day for data and with the Fed in the blackout period ahead of next week’s FOMC meeting.

Don’t expect the Federal Reserve to cut interest rates anytime soon as sticky inflation seems to be very much intact at this point.

The US 10-year Treasury yield continues to trade well above a ‘fair value’ estimate, based on the average of three models maintained by CapitalSpectator.com.

Headline dividend growth stood at 5.6% for the year, the report found. The fourth quarter of 2024 was «particularly encouraging», Janus Henderson said, as dividends rose by 7.2% in the three-month period on an underlying basis. IWD 24: Is Meta's dividend a sign the FAANGs are becoming mature companies? Globally, 86% of companies either increased or, kept them level last year. However, large cuts from five companies — BHP, Petrobras, Rio Tinto, Intel and AT&T — shaved off two percentage points from global underlying growth, the report found. Overall, 22 countries experienced reco...

I must say that I didn’t see this one coming. Credit where credit is due, though: while Street economists were just a little low (consensus was +0.40% headline, +0.30% core), the CPI swap market at least got headline right (there being no market for core inflation CPI swaps) by pricing in +0.47%, seasonally adjusted.

Adani Group stocks plunged up to 13% on Wednesday, erasing nearly Rs 90,000 crore from the combined market capitalisation of the 10 listed stocks. The top loser in the day's trade was Adani Green Energy, which lost 13% to hit the day's low of Rs 1,650 on the NSE. It was followed by Adani Total Gas and Adani Energy Solutions which cracked nearly 8% each. Nifty constituents Adani Enterprises and Adani Ports & Special Economic Zone dropped around 7%. Others including Adani Power, Adani Wilmar, ACC, Ambuja Cements, and New Delhi Television (NDTV) fell up to 5%.

By Harry Robertson

Read here: February inflation remains steady at 5.1% but food inflation up The marginal fall in India’s headline retail inflation last month was in line with the expectations of most economists and they expect the RBI’s Monetary Policy Committee (MPC) to stay put in the next meeting but may look to cut the repo rate in the second half of calendar year 2024. Madhavi Arora, Lead Economist at Emkay Global Financial Services expects higher food prices to pull headline inflation upwards in March, however, core inflation to ease further, and continue to significantly undershoot headline inflation in FY25 as well. “We see FY25E inflation at 4.8% (FY24: 5.4%), with core at 4.0% (FY24: 4.4%).

Last year and in 2024, the media has mainly focused on big companies that grab most of the headlines. But there's more to the stock market than just these giants.

Investing.com — Headline U.S. consumer price growth accelerated in February, while the underlying measure was faster than anticipated, in a sign of sticky inflationary pressures that could complicate the timing of potential Federal Reserve interest rate cuts this year.

Check out the companies making headlines after the bell.

LONDON (Reuters) — Britain has a long way to go for inflation pressures to be consistent with the Bank of England's 2% target, one of the central bank's policymakers, Catherine Mann, said on Monday.

Bullish sentiments and not bottom-up structural fundamentals are driving the rally in PSU stocks, Kotak Institutional Equities said in its latest note, as it highlighted problems in the «euphoric sentiment» surrounding PSU stocks. Even as the headline S&P BSE Sensex gained an impressive 27% over the past 12 months, its peer S&P BSE PSU index (95%) delivered over three-fold returns during the same period.

NEW DELHI : New Delhi: India's economic performance is better than what the headline numbers reveal, with the sharp GDP growth coming amid challenging global macroeconomic conditions, Sanjeev Sanyal, member of Prime Minister Narendra Modi’s Economic Advisory Council, told Mint in an interview. India's higher-than-expected growth of 8.4% during the third quarter of fiscal 2023-24 came without accompanying macroeconomic stresses, he added. Edited excerpts: The latest reading of an 8%-plus growth rate exceeds even the government's expectations.

technical recession, revised government GDP data showed on Monday, even though the upward change in the fourth quarter was weaker than expected and highlighted concerns about the sluggish economic recovery. Japan's revised gross domestic product (GDP) expanded at an annualised clip of 0.4% in the October-December period from the previous quarter, better than the initial estimate for a 0.4% contraction, according to the Cabinet Office.

Ariana Grande's latest album, released on Friday, delves into the complexities of personal relationships and the journey of individual growth, marking her seventh studio album in a career marked by musical evolution. This release arrives amid a significant period in Grande's personal life, following her divorce from Dalton Gomez, which made headlines in September 2023.

Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Shake Shack, G-III Apparel, Sea and Textron; downgrade for Old Dominion.

India's retail inflation is expected to come in at 5.08% in February, broadly unchanged from 5.10% recorded in the previous month, a median estimate of 20 economists polled by Mint showed. While prices of food items saw an uptick on a sequential basis, a favourable base effect is seen as offsetting the impact.

RIL’s Viacom18 and Walt Disney’s Star India is set to redefine media, entertainment and sports in India. With over 750 million viewers, 200,000-plus hours of content and all the key cricket properties under its belt, the new entity could very well change the rules of the game even globally. Javed Farooqui & Vinod Mahanta take a look at the reasons behind the merger, the opportunity at hand and the key players who could make it all happen. Nita Ambani, Chairperson, Viacom18-Disney: Nita Ambani’s foray into the world of entertainment biz In a video played at Anant Ambani and Radhika Merchant’s pre-wedding bash in Jamnagar last week, Reliance head honcho Mukesh Ambani, portraying Amitabh Bachchan’s iconic character in the 1978 hit Don, delivers a popular dialogue in a filmi way—“Hamari zindagi mein asli don ek hi thi, ek hi hain aur ek hi rahegi” — and walks away from the throne. Nita Ambani coolly takes over the throne, dons the black shades and effortlessly embodies the look of a boss. Well, the boss is now going to take over a new throne — at Star India-Viacom merged entity. Months after relinquishing her position on the board of Reliance Industries (RIL), Nita Ambani has taken on her first business role as the chairperson of the proposed Star IndiaViacom18 merged entity.

Elvish Yadav can’t quite keep himself (or rather his hands) away from pulling in the punches! The YouTuber has been involved in quite a few slap gates recently — he has hit headlines for slapping quite a few people! The controversial YouTuber landed in trouble as Sagar Thakur, a fellow YouTuber accused him of slapping him in Gurugram. Thakur, also known by the name ‘Maxtern’ took to X (formerly known as Twitter) on March 7 and uploaded a video of himself looking distraught and revealed that the ‘Bigg Boss’ contestant had ganged up on him and slapped him a few times. He also said he would share a video of himself getting attacked by Yadav and his cronies. “8-10 Elvish’s man vs Maxtern! Video shubhah daalta kya ladaee hui h!” The video went viral, gaining 1.8 million views and over 22K likes. While many netizens were skeptical over the veracity of the video, some praised him for standing up to Yadav.

NEW DELHI : Onion prices, which are sharply higher this year, are likely to stay elevated, with scanty rains hurting production of the kitchen staple. Onion output in the 2023-24 crop year may fall 15.6% to 25.4 million tonnes (mt) as key growing regions received weak rains, the agriculture ministry said. Production is expected to be lower by 3.4 mt in Maharashtra, 995,000 tonnes in Karnataka, 354,000 tonnes in Andhra Pradesh and 312,000 tonnes in Rajasthan.