Pandemic Financial News

For currency traders, it’s hard to be a bull of anything except the dollar, it seems.

The real estate market in India is booming, with a myriad of growth prospects for the years to come. In the current year, the market stands at a whopping USD 265.18 billion and is anticipated to reach USD 828.75 billion by 2028, growing at a CAGR of 25.6%, according to a study by Mordor Intelligence. Despite this current growth after the pandemic, real estate has always been a safe haven for investors to earn a long-term profit. Similarly, for developers, it is a lucrative avenue as it provides several opportunities to not only showcase modern architecture but also earn a hefty ROI (return on investment).

The International Monetary Fund warns that the world economy has lost momentum from the impact of higher interest rates, the invasion in Ukraine and widening geopolitical rifts

Maruti Suzuki unveiled its major investment plans of investing as much as $1.25 trillion to develop around 10-11 new models which will also include six electric vehicles and growing its production capacity by 2030-31. In a presentation to investors, analysts and proxy advisors, it said that with the challenges of the last 4 years behind, it is projecting a requirement of 4 million production capacity by 2030-31.

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American babies and toddlers with disabilities are entitled to publicly funded therapies known as Early Intervention, since all U.S. states and territories accept federal funding for this program

An infusion of federal pandemic relief to America's schools sparked a boom in the education technology sector, an industry where research and evidence are scarce

The International Monetary Fund and World Bank are holding their annual meetings in Morocco, one month after an earthquake killed nearly 3,000 people in the North African country

Britain’s main opposition Labour Party says it will focus on economic growth rather than higher taxes to “rebuild” the country after more than a decade of Conservative rule

Mint for the Guru Portfolio series. In this series, leaders in the financial services industry share how they manage their own money. “I have no plans to retire.

By Andrea Shalal and David Lawder

Organizers of live experiences expect an eventful festive season with a lineup of music concerts, artiste tours, food and beverage festivals, theatre, comedy, and sports. Events, including NH7 Weekender and performances by Ronan Keating and Kerala Dust, are set to woo audiences through New Year’s.

GuideStone Capital Management President and CIO David Spika discusses the markets, inflation, and how the latest jobs report reflects the current state of the economy.

₹100 crore of the ₹397 crore it owes him. According to the high court's 24 August order, the airline was instructed to pay ₹100 crore to Maran by 10 September. In the arbitration award execution case, Maran had claimed SpiceJet forfeited its right to be heard in court by wilfully disobeying orders.

Unsold housing stocks in Tier 1 cities in India dropped to 5,08,464 units in Q3 2023 from 5,26,497 units in Q3 2022, representing an 11% decrease.

The unwavering demand for luxury housing since the pandemic has kicked off a spate of new launches in this category. Latest ANAROCK data shows that out of 1,16,220 units launched in Q3 2023 in the top 7 cities across various budget categories, approx. 27% (approx. 31,180 units) were in the luxury category. This is the highest quarterly luxury supply entering the market in the last five years.

By Howard Schneider

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«We already have one conflict in Europe, adding another conflict to that in the Middle East does not really create anything good, so nothing good is going to come out of it is the way we would look at it,» says Vetri Subramaniam, CIO, UTI AMC. It seems like in the conversations as well in the past with a lot of market experts, they were alluding to the fact that if at all there were to be a sort of change in the undertone of the market that would largely be led by global events or global developments. Do you think what we are seeing play out right now warrants a sort of a decisive change in the market sentiment? I am not sure everybody has managed to figure out the geopolitical implications of whatever has happened over the last three days in the Middle East and what that could actually mean for markets, but I think the bigger sort of trend is obviously that this is something which could create a fresh round of instability.

Israel’s national paramedic service chief of staff Uri Shacham says the team had to pivot from healing rocket wounds to gunshot wounds after the Hamas attack.

NEW DELHI : Several small-time producers who had created independent web series for streaming services are struggling to find buyers as subscriptions plateau and platforms spend less on content. Unlike feature films, web shows cannot be released in theatres either. Streaming platforms typically commission long-format web series and subsequently spend on production; however, the explosive demand for web content during the pandemic attracted many newcomers, who planned and produced web shows that they could pitch to streaming platforms later.