Headlines Financial News

While the headlines are occupied with the wedding of Bollywood superstar Aamir Khan’s daughter Ira Khan to her beau Nupur Shikhare, another high-profile couple is also preparing for their big day! The wedding bells are ringing for Anant Ambani( the youngest son of Reliance Industries Chairman Mukesh Ambani and his wife Nita) and his fiance Radhika Merchant. While not many details are known about their upcoming wedding, details about their wedding invitation card have gone viral on the Internet. The card which includes a handwritten note by the Ambanis, reads, “We are thrilled to invite you to Radhika and Anant’s pre-wedding festivities at the Reliance Greens in Jamnagar, from March 1-3 2024. With the blessings of Smt Kokilaben & Shri Dhirubhai Ambani, Smt. Purnimaben & Shri Ravindrabhai Dalal we are delighted to invite you to the pre-wedding celebrations of our son." The note also added a detailed history of Jamnagar. Established in 1997, it soon developed into the world’s largest grassroot refining complex. The proud parents also wrote about how their son Anant had transformed the complex into a haven for rescued animals. The couple then invited the guests to attend the wedding and shower blessings on the couple. Radhika and Anant have known each other for quite a few years. The pair got engaged in 2022 at the Ambani residence in Antilia in Mumbai in a traditional Gujarati ceremony, that consisted of rituals such as Gol Dhana, Chunari Vidhi etc.

₹116 crore, according to IndexTap.com, a real estate data analytics firm. She recently acquired a lavish apartment in Mumbai's “Three Sixty West" high-rise for a staggering ₹116.42 crore, the report said. The 39-year-old designer purchased the apartment on the 49th floor, including eight parking spaces, and paid a stamp duty of ₹5.82 crore.

recovered its pre-pandemic output levels. But after revisions to the 2020 and 2021 figures, in September GDP was found to be 0.6% above its pre-covid size rather than 1.2% below it. The Office for National Statistics added almost 2% to its estimate of national income and transformed Britain’s economic performance from that of a global laggard to something more respectable.

Meet Vratika Gupta, the CEO behind the acquisition of a Mumbai flat worth a staggering Rs 116.42 crore. Vratika, known for her role as a fashion designer and the founder of Maison Sia, a luxury home décor company, recently made headlines with her purchase in the renowned “Three Sixty West” high-rise, as reported by real estate data analytics firm IndexTap.com.

Analysts at Wolfe Research said in a note Friday that the Boeing (NYSE:BA) and Spirit AeroSystems (NYSE:SPR) «lows should be set prior» to the return to service of the MAX 9.

The December Consumer Price Index (CPI) report came in stronger than expected on Thursday, with inflation coming in above economists' expectations, prompting some doubts regarding the Federal Reserve's potential rate cuts.

Investing.com -- Headline U.S. inflation accelerated in December, while an annual underlying reading slowed marginally, as Federal Reserve officials search for signs of easing price gains before rolling out possible interest rate cuts this year.

Karnataka Chief Minister Siddaramaiah will launch the last of five Congress party’s guarantees on Friday: the Yuva Nidhi scheme offering a monthly dole to unemployed graduates and diploma holders. That is not news, though. It is the choice of the day and location for the launch that stand out. The Congress regime has chosen to launch the ambitious scheme on the birth anniversary of great Hindu monk Swami Vivekananda, celebrated across India as National Youth Day. And the place is Shivamogga, the city that hogged headlines in recent years for clashes between the two religious groups. Karnataka’s ruling party is clearly targeting two birds at a shot: the Congress leaders are out to prove they are no less Hindus as the party leaders have put forth Vivekananda’s portraits in all their social media campaigns, seeking to project the programme as a mark of respect to the Hindu religious scholar and philosopher.

Investing.com -- Headline U.S. inflation is expected to have accelerated slightly in December, while an annual underlying reading is seen slowing, as Federal Reserve officials search for signs of easing price gains before rolling out possible interest rate cuts this year.

With investors now firmly expecting the Federal Reserve to start cutting interest rates at some point this spring, Thursday’s CPI inflation report will likely be key in determining the U.S. central bank’s policy moves in the first half of 2024.

All eyes are turned on the upcoming release of the US inflation report scheduled for 13:30 GMT, with the potential to ignite much-needed volatility for the US dollar index and FX markets in general after a rather subdued period so far this week.

rupee ended little changed against the dollar on Thursday, ahead of the key U.S. inflation data that could potentially help investors reassess the outlook for interest rates in the world's largest economy. The rupee was at 83.0275 to the dollar compared with 83.0250 in the previous session. The rupee had, in intraday trades, risen to a near one-month high of 82.9350 on dollar sales by certain foreign banks pertaining to custodial and positional flows, traders said. «Despite the dollar inflows, the rupee needs to close convincingly above 83 to confirm a change in trend,» said Jigar Trivedi, senior research analyst — currencies and commodities at Reliance Securities. The role of the Reserve Bank of India (RBI) will be important in terms of how these flows are managed, Trivedi added. U.S.

Jerry Yu, a 23-year-old student at New York University, has made headlines not for his academic pursuits but for his extravagant ventures in the world of cryptocurrency and Bitcoin mining. Living in a lavish $8 million Manhattan condominium previously owned by Jeffrey R. Immelt, former CEO of General Electric, Yu symbolizes what is often referred to as the «second-generation rich» in China​​.

Rajnath Singh on Wednesday said Beijing's perspective has altered drastically with the emergence of New Delhi as a 'strategic power'. «A columnist for the Global Times, which, in a way, is a mouthpiece for China, published an article with the headline 'What I see about Bharat narrative in India'. This article is a ringing affirmation of the changing Chinese perspective on India.

Selena Gomez, renowned singer and actor, is in the headlines for her announcement about stepping away from social media once again. She has very recently stirred speculations due to her presence at the Golden Globes awards.

A lot is riding on tomorrow’s US consumer inflation report for December for markets, which are pricing in relatively upbeat news.

EaseMyTrip.com on Wednesday announced venturing into the insurance sector with the launch of its subsidiary EaseMyTrip Insurance Broker Pvt Ltd. The company termed it a «strategic move» to diversify its service portfolio and tap into the insurance market by creating a specialised product to solve customer needs.

Investing.com — The U.S. dollar edged lower Wednesday, trading in a tight range with traders on edge before key U.S. inflation data that could influence the future path of interest rates.

amrit kaal’, or golden era, is eliminating hunger in India. That is why the government decided to extend the Pradhin Mantri Garib Kalyan Anna Yojana, or PMGKAY, scheme, which aims to provide free foodgrains to the poor for another five years beginning this month.

(Corrects to outlook, not expectations, in headline, paragraph 1 and 4)

The US dollar is continuing to consolidate after Friday’s mixed data left the probability of a March rate cut above 50%, keeping yields steady around the 4% mark on the 10-year debt.