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JPMorgan Chase & Co. is on track to include India in its emerging market debt index from June with most of its clients ready to trade, according to the firm’s global head of index research. “Based on the annual Index Governance Consultation process, market feedback so far has been largely positive, with the majority of our index clients already set up to trade in the IGB market,” managing director Gloria Kim said in an emailed reply to questions.

Retiring early is becoming the norm as the share of US workers planning to work beyond age 62 continues to retreat, extending a downshift that started with the pandemic.

Equity markets buckled under relentless selling pressure on Thursday as investors turned risk averse in the ongoing poll season and further lightened their equity exposure to avoid being caught off guard. «We expect this volatility to continue in the near term in the absence of any major positive trigger. Now till Nifty holds below 22000 zones, weakness could be seen towards 21700,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

study conducted in the US, it has been found that 90 per cent of the adults over the age of 20 are at a high risk of developing a heart disease. This does not mean that 90 per cent of the US Population has full blown heart disease but it only means that they are susceptible to developing conditions which quicken the onset of heart diseases, as per a report on NBC News. Researchers used a model which identified high risk population using the strong links between the heart and those who had obesity, diabetes, cardiovascular issues and Kidney diseases. While it is well known in the medical circles that those who suffer from any of the above mentioned conditions, do develop a susceptibility towards a heart disease, research has only confirmed this.

Indian smartphone market registered 8-10% year-on-year growth in shipment volumes in the first quarter of 2024 and is set to grow in high single-digits this calendar year, driven by premiumisation trend and 5G adoption, market trackers Counterpoint Research and Cybermedia Research said. As per Counterpoint, volume shipments grew 8% in the quarter ended March while revenue jumped 18%. However, sales were less than expected due to a drop in retail footfalls and a section of consumers cutting down on discretionary spending even as better inventory levels allowed brands to fill channels with multiple new launches, it said. Cybermedia Research (CMR) said the market recorded 10% year-on-year growth in Q1 2024, with 5G shipments surging 70%, driven by budget 5G handsets (₹10,000-15,000 price band) that grew 400% on year.

purchase restrictions on Thursday to lure buyers and shore up their sagging real estate markets, raising the prospect of other megacities following suit. As of May 9, Hangzhou and Xian will no longer vet the eligibility of potential buyers, the cities' housing authorities said in separate notices, shedding requirements previously imposed to deter speculators and block buyers who are not legal residents of the cities or local tax payers.

Shares of Arm Holdings fell 6% on Thursday as the chip designer's downbeat annual revenue forecast cooled some of the enthusiasm around the stock following its AI-powered jump in recent months. The slide was set to wipe out more than $8 billion in market value at the current level of $99.51.

In a research note detailing its response to the government's consultation, Hall argued that it should include not just all companies which are incorporated or listed on a UK stock exchange, but also overseas incorporated companies. Hall said that one of the key considerations in building the ISA should be simplicity in order to ensure that more people sign up to the ISA and «ensure „optimum eligibility“ for assets included. Managers sceptical GB ISA will provide 'catalyst' for fresh UK investment „We recommend that this should not be dependent on location or incorporation, to ensu...

India is considering offering incentives to encourage private companies to set up lithium processing facilities, as New Delhi tries to develop its nascent lithium mining and boost supplies of the EV battery metal, three government sources said. It would offer incentives to companies to set up lithium processing plants under a new critical minerals policy that was being worked out by the mines ministry, the sources said. «The critical minerals policy will be comprehensive and will cover all aspects from exploration to mining to value addition,» one of the sources said. «It will also cover incentives for beneficiation and refining within the country,» the source said. The sources, however, said it was a little early to know the exact form of incentives the government would offer, but New Delhi would try to take a cue from countries such as Australia and Canada. Responding to Reuters queries, the Ministry of Mines said the government was taking various steps to ensure the availability of critical minerals for the downstream industry. It did not elaborate.

As Bitcoin price predictions become increasingly cautious, the cryptocurrency continues to face substantial headwinds. Recently trading around $61,540, Bitcoin dipped to an intra-day low of $60,910, influenced by escalating regulatory scrutiny in the U.S. and a hawkish Federal Reserve stance on interest rates.

India's startup ecosystem is flourishing, positioning itself as one of the most vibrant and attractive markets for investors. This surge highlights the country's entrepreneurial spirit, innovative capabilities, and steadfast resolve. Indian startups encompass a wide range of sectors such as technology, healthcare, and green energy, showcasing the nation's adaptability to global trends and its ability to establish a distinctive place in the world of entrepreneurship.

Mistral AI is nearing a deal to raise funds at a $6 billion valuation—nearly tripling its level from six months ago and giving the French startup added fuel to challenge Silicon Valley giants in the artificial-intelligence race. Existing backers General Catalyst and Lightspeed Venture Partners are expected to be among the biggest investors in the new funding round, in which Mistral is set to raise around $600 million, according to people familiar with the situation.

gold as an investment, symbolising perpetual prosperity and abundance. Historically, gold prices have grown steadily, often showing stability or an increase around Akshaya Tritiya due to heightened demand driven by cultural and religious sentiments. “This trend offers investors a potential opportunity for profit from price appreciation.

children in India who are eligible for measles vaccination have received none of the recommended double-dose, signalling a «concerning gap» in immunisation coverage, a new study has found. The findings showed that zero-dose cases were high in the northeastern states, with Nagaland reporting the greatest share at 26 per cent. Tamil Nadu was found to report the lowest at 4.6 per cent. Researchers from the Ministry of Health and Family Welfare and Banaras Hindu University in Varanasi investigated previously overlooked critical aspects of measles vaccination, focusing on zero-doses, partially vaccinated, and those fully immunised. They analysed data of over 43,000 children aged 2-3 years, collected through the National Family Health Survey 2019-21 (NFHS-5). The team found that close to 30 per cent of the eligible children have received only one measles-containing vaccine (MCV1), while about 60 per cent have been fully immunised (MCV2). The findings are published in the journal Vaccine.

National Family Health Survey (NFHS-5) by researchers has found that more than one in nine eligible children nationally did not get any dose of the measles vaccine in the 2019-21 period, and that nearly 30 per cent received just a single dose, ToI reported on May 9. A relook at the survey data was necessitated by instances of repeated measles outbreaks after the COVID-19 pandemic, the report by (by Rema Nagarajan) said. The researchers involved in the relook were from health ministry's immunisation division, Banaras Hindu University and the Bill and Melinda Gates Foundation.

Stock market today: Shares of One 97 Communications Ltd, aka Paytm, witnessed a strong rebound after touching a 52-week low in early morning sessions on Thursday. Paytm share price today opened downside and touched a 52-week low of ₹310 apiece, but the One 97 share price witnessed a strong rebound and touched an intraday high of ₹333.

Marico and Dabur have jumped over 10 per cent each over the last month, while shares of Godrej Consumer Products, Britannia Industries, United Breweries and United Spirits have jumped 5-4 per cent since last month. After three consecutive sessions of gains, the Nifty FMCG index fell over a per cent in the morning trade on Thursday, May 9, on account of profit booking amid prevailing concerns over higher interest rates, sticky inflation and caution ahead of the general election outcome. Experts remain optimistic about the FMCG space as they pin hopes on revival of rural demand.

Stock market today: The Indian stock market continues to remain under the sell-off heat for the fifth straight session on Thursday. The Nifty 50 index opened lower in the early morning session and touched an intraday low of 22,184, logging more than 450 points in the last five sessions. The BSE Sensex opened lower and hit an intraday low of 72,891, recording over 1700 points loss in five days.

I have often written of the ethical and philosophical impact of AI and how it will shape our future. Now I focus on how AI has reshaped a category which touches our daily lives: e-commerce. AI researcher and entrepreneur Andrew Ng termed AI the “new electricity." Like a general purpose technology, it will power society and multiple businesses silently and behind the scenes.

Ultra-processed foods, such as ready-to-eat meat, fizzy drinks, ice cream and sugary cereals are linked to a higher risk of early death, according to a new study.

The Nifty future closed positive with gains of 0.05% at 22392 levels on Wednesday. India VIX was up by 0.41% from 17.05 to 17.08 levels.