Shock Financial News

Every economic crisis tends to also become a crisis in economics—as events throw an unsparing light on the gaps in our knowledge of how an economy works. It is not different this time round either. Christine Lagarde, a former managing director of the International Monetary Fund who is now president of the European Central Bank, did not pull any punches in a speech she delivered at the annual World Economic Forum jamboree at Davos this month.

Bigg Boss 17' is nearing its conclusion, and the spotlight is on Ankita Lokhande and Vicky Jain as they grapple with the aftermath of the show. The couple's relationship has become a hot topic, with accusations of emotional unavailability and control flying from both sides. Vicky Jain's mother, Ranjana Jain, has added fuel to the fire by expressing reservations about their marriage.

Donald Trump's surprise victory in the 2016 presidential election delivered a shock to financial markets. If he manages to secure a second one, traders will — if anything — be far more prepared.

₹330 trillion. In FY24, nominal GDP size was ₹296.6 trillion, as per the first advance estimate released in December. An email sent to a finance ministry spokesperson on Friday seeking comment was unanswered till press time.

confirmed his third marriage to renowned actor Sana Javed. This event took place in Karachi, concluding much speculation about his potential separation from Indian tennis sensation Sania Mirza. This news has generated a buzz in the media landscape of Pakistan, with various outlets covering different aspects of this unfolding story.

Sushant Singh Rajput’s Bollywood career came to a halt due to his sudden shocking demise. Since his death, the ‘Chhichhore’ star has been fondly remembered by his fans and well-wishers. The #JusticeFor Sushant hashtag has become more or less a mainstay on X (formerly Twitter).

Sachin Tendulkar had become victim of deepfakes where he had informed that his deepfake video promoting a mobile application is doing rounds on social media. Several other celebrities too have been affected by the menace of deepfakes including Rashmika Mandanna, Alia Bhatt, Kajol, Katrina Kaif, Priyanka Chopra, Ratan Tata. They have also raised their voice against deepfakes as their various fake videos went viral on social media platforms.

Ashley Park, best known for starring in 'Emily in Paris' and 'Beef', is recovering after experiencing a serious medical scare earlier this month. In an Instagram post on Friday, the 32-year-old actor said she suffered from a critical septic shock, a severe form of sepsis in which the body overreacts to an infection. Park was on vacation in the Maldives when the case of tonsillitis cascaded into a serious health crisis.

₹8.51 trillion, in a freewheeling chat with Mint's Ram Sahgal. Edited excerpts: As of now, the market is supported by strong fundamental, macroeconomic, and supply-demand factors, with any potential headwinds likely stemming from global issues, be it geopolitical or macroeconomic shifts, such as a slowdown in the US. From an earnings perspective, we will see decent growth in fiscal year 2024-25 (FY25), but the pace will be slow when compared FY24, which was a normal year post the pandemic shock .

Interim Budget or Vote-on-account. Industry experts believe the Narendra Modi Government should make favorable policies to promote stock market education and reduce taxes on capital gains to increase stock market participation and encourage economic growth. “In the past decade, the number of stock market participants has increased by nearly 100%.

Bank of Canada governor Mark Carney issued a warning at the World Economic Forum that global supply shocks are becoming more persistent, forcing central bankers to adapt to tame inflation.Carney, who also previously led the Bank of England, spoke on a panel in Davos, Switzerland at the WEF summit Thursday about how central bankers ought to adapt their approaches for the modern economy.He said the current regime has been successful so far in taming the ongoing inflationary period, as some of the supply shocks following the height of the COVID-19 pandemic and Russia’s invasion of Ukraine have unwound and higher interest rates globally have limited demand in the world economy.But he warned that central bankers cannot rest on their laurels amid ongoing geopolitical tensions and a changing economic context.“We are in a world, I would suggest, where we are going to see additional supply shocks with some relatively high degree of certainty with some persistence,” Carney said.“Effectively, the world is being rewired.”Though Carney did not directly reference Houthi attacks in the Red Sea forcing companies to divert cargo away from the key shipping corridor, he said trade routes are being “rewired” to “derisk” global supply chains.Energy systems, too, are being rewired to address climate change concerns, Carney said.

Canadians are grappling with “payment shock” and Americans are not, and that will put the two countries’ economies on diverging paths to start 2024, according to the chief executive of Canada’s largest bank.

teeth for a set of brand new ones — made of shining metal! The controversial rapper shocked his legion of fans by revealing that he had removed all of his teeth and had them replaced by titanium dentures. Taking to Instagram, the ‘Gold Digger’ hitmaker shared pictures of his dazzling new teeth set.

Africa Cup of Nations after facing challenging initial matches. Ghana suffered a setback in their first game as Cape Verde secured a shocking victory with a 92nd-minute winner from Garry Rodrigues. Despite Alexander Djiku's equalizer, Jamiro Monteiro's opener gave Cape Verde the lead. Meanwhile, Egypt managed to salvage a point in their opening game against Mozambique, with Liverpool star Mo Salah converting a 97th-minute penalty after Mozambique took a 2-1 lead.

Jujutsu Kaisen Chapter 248 release date is nearing and fans are eagerly waiting for it. Ahead of the release of Jujutsu Kaisen's latest chapter, spoilers are out. Spoilers for Jujutsu Kaisen Chapter 248 uncover Yuji mastering the most intricate technique in the entire series.

Michelle Obama is most likely to join the Presidential Election 2024 and take on former US President Donald Trump. This speculation has been doing the rounds. But now, it is becoming stronger. In an article written in the New York Post, columnist Cindy Adams said that Obama may be looking to step into the 2024 presidential race and this time it should be Michelle and not Barack. Rejecting incumbent Joe Biden, she writes, «Biden won’t debate. Can’t. Our codger-in-chief can’t even read the prewritten script in front of him fast enough to pronounce the words. So, forget him, which most of us already have.»

Swastika Investmart. The Union Budget has always been one of the major trendsetters for the Indian market. Budget day is usually synonymous with market volatility.

Is Pat Sajak ok?

A Reddit user recently fell victim to an elaborate cryptocurrency phishing scam, losing the equivalent of $250,000 in ether (ETH) after responding to a fake airdrop.

Conservative Supreme Court justices have voiced support for weakening the power of federal regulators, but it's unclear whether a majority would overturn a major 40-year-old decision

Appreciating Apollo’s graph below, comparing recent inflation to multiple bouts of inflation of the late 1960s, 70s, and early 80s is of utmost importance for investors.