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09.01 / 05:45
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Japan's Ishiba heads to Malaysia and Indonesia to strengthen defense and economic ties
Japanese Prime Minister Shigeru Ishiba has begun a tour of Malaysia and Indonesia as part of his effort to further strengthen defense and economic ties with Southeast Asia as threats from China rise in the region
09.01 / 05:45
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Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes
09.01 / 04:49
Hollywood
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LA fire updates: Priyanka Chopra shares video of burning houses as Ben Affleck, Steven Spielberg and other stars forced to leave their homes
Los Angeles has caused widespread devastation, destroying multi-million dollar homes belonging to Hollywood's elite and forcing numerous residents to evacuate as flames engulfed upscale neighbourhoods and historic landmarks. Priyanka Chopra, who lives in Los Angeles, shared a distressing video of the wildfire on social media, offering her thoughts and concerns for those in the affected areas. In the video posted to her Instagram stories, the rapidly spreading flames were visible in the distance. She captioned the clip, expressing hope for safety in the midst of the crisis: «My thoughts are with everyone affected. Hope we are all able to be safe tonight.»
09.01 / 02:41
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Buoyant dollar keeps pound, euro and yen under pressure
The focus for markets in 2025 has been on U.S. President-elect Donald Trump's policies as he steps back into the White House on Jan. 20, with analysts expecting his policies to both bolster growth and add to price pressures.
09.01 / 02:41
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Stocks to buy today: Delta Corp, Waaree Energies and Tata Technologies on investors' radar
investors stayed on the sidelines ahead of the earnings season amid lower economic growth projections. Stocks that were in focus include names like Delta Corp, which rose 3% and Waaree Energies, which declined 3% and Tata Technologies, whose shares gained 0.37% on Tuesday.
09.01 / 01:43
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Seeing big bucks in nanocaps, investors have risked billions
high-risk-high-return bets in the recent bull run drove investor frenzy in nanocap stocks-those with a market capitalisation of less than ₹2,100 crore as of Wednesday. As per a study by Aditya Birla Sun Life Mutual Fund, the value of individual investors' direct holdings in nanocap stocks has moved up eightfold from ₹40,000 crore in June 2021 to ₹3.3 lakh crore in September 2024. Nanocap companies-among the lowest in heap-are ranked 1,041 and below in terms of market capitalization. They come after the micro-cap companies with a market value ranking between 521 and 1,040. Small-cap companies are ranked between 261 and 520 by market capitalisation, while large- and mid-cap are ranked form the top 260 companies. Currently, TCC Concept with a market capitalisation of ₹2,137 crore is the 1,041st biggest company on the NSE.
09.01 / 00:39
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Well-known Canadian retail names seek creditor protection, close stores
Canada’s retail industry is starting the year with several brands seeking creditor protection and closing stores.
09.01 / 00:09
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China factor delaying private investments: Sanjiv Puri
Subscribe to enjoy similar stories. New Delhi: China’s surplus capacity is dampening Indian business’ spirit for adding further production capacity, according to Sanjiv Puri, president of Confederation of Indian Industry (CII).
08.01 / 20:57
markets
Strategy
Remark
PAM
show
reports
Nikki Glaser made some great amount of money for hosting the Golden Globes; here's the whopping amount she got
Nikki Glaser reportedly received a huge amount of money for hosting the Golden Globes. While Demi Moore, the cast of Shōgun, and fans of pop culture trivia were among the notable winners at Sunday's Golden Globes, comedian Nikki Glaser, who hosted the event, emerged as the clear winner.
08.01 / 19:29
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wellness
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Features
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump's policies could have, indicating that they would be moving more slowly on interest rate cuts because of the uncertainty, minutes released Wednesday showed. Without calling out Trump by name, the meeting summary featured at least four mentions about the impact that changes in immigration and trade policy could have on the U.S. economy. Since Trump's November election victory, he has signaled plans for aggressive, punitive tariffs on China, Mexico and Canada as well as the other U.S. trading partners. In addition, he intends to pursue more deregulation and mass deportations. However, the extent of what Trump's actions will be and specifically how they will be directed creates a band of ambiguity about what is ahead, which Federal Open Market Committee members said would require caution. «Almost all participants judged that upside risks to the inflation outlook had increased,» the minutes said. «As reasons for this judgment, participants cited recent stronger-than-expected readings on inflation and the likely effects of potential changes in trade and immigration policy.» FOMC members voted to lower the central bank's benchmark borrowing rate to a target range of 4.25%-4.5%. However, they also reduced their outlook for expected cuts in 2025 to two from four in the previous estimate at September's meeting, assuming quarter-point increments. The Fed cut a full point off the funds rate since September, and current market pricing is indicating just one or two more moves lower this year.
08.01 / 19:19
08.01 / 18:59
08.01 / 18:55
08.01 / 17:05
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'Some men just like to watch the world burn:' Donald Trump's 'economic force' threats spark worry, disbelief in Canada
TORONTO — Incoming U.S. president Donald Trump‘s threats to use “economic force” against Canada and its industries are sparking worry and disbelief.
08.01 / 16:45
markets
UPS
economy
show
Department
US applications for jobless claims fall to 201,000, lowest level in nearly a year
U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs
08.01 / 12:17
markets
Platform
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Aman Gupta storms out as Shark Tank India pitcher’s ‘air ho jayega’ remark sparks tensions; Clashes with Kunal Bahl in fiery bidding war
A fiery bidding war unfolded on the second episode of Shark Tank India Season 4, delivering high drama and culminating in a blockbuster deal. Young entrepreneurs Devansh and Ackshay pitched their online peer-to-peer platform, Culture Circle, to the panel of sharks: Vineeta Singh, Namita Thapar, Aman Gupta, Ritesh Agarwal, and the newest addition, Kunal Bahl. The duo sought Rs 1.2 crore for 0.5% equity, valuing their company at a staggering Rs 240 crore.
08.01 / 11:53
markets
Digital
Strategy
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PAM
show
Department
Big relief for GST taxpayers with multiple GST show cause notices running in multiple districts in Kerala
GST department has announced a big relief for taxpayers who are struggling with show cause notices across multiple districts in the state. Now if multiple GST notices are issued to the taxpayer on the same issue even if it's for different periods, then the hearings for these multiple GST notices will be held by a single adjudicating authority instead of multiple authorities.
08.01 / 10:53
markets
Analysis
Sustainability
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Experts
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Rupee plunges 13 paise to settle at new record low of 85.87 against US dollar
crude oil prices and stronger American currency. Lacklustre sentiment in domestic equity markets and sustained outflow of foreign funds also played spoilsport even as investors stayed cautious over lower economic growth projection by the government, forex analysts said. At the interbank foreign exchange, the rupee opened at 85.82 and touched the lowest-ever level of 85.89 against the greenback during intra-day. The unit settled at 85.87 (provisional) against the dollar, 13 paise lower than its previous close.
08.01 / 10:01
markets
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Universities
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reports
diving
Squid Game creator hints at the end of the web series, but not the show. What are his future plans?
Hwang Dong-hyuk, the mastermind behind Squid Game, recently shared insights into his vision for the show’s future and his thoughts on its expansion beyond the upcoming third season. The filmmaker reflected on his creative journey and teased what fans might expect from the global phenomenon moving forward.
08.01 / 07:17
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Daughter of woman who Edmonton police say was victim of intimate partner homicide calls for change
in connection with the death of 43-year-old Ashley Burke, Robson’s mother.“Burke’s death is considered an intimate partner homicide,” police said in a news release.Robson said people have misinterpreted what the characterization of the homicide means, even though she understands why police used the term.“(I believe) it was domestic violence, … or intimate partner homicide, … (but) it wasn’t a relationship by any means,” Robson said of the fact that her mother and the man accused of killing her knew one another.“You never think it’s going to happen to your family member. Never.
08.01 / 02:21
UPS
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Food
band
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Revise India’s inflation gauge but handle the revision with care
Subscribe to enjoy similar stories. The remarkable insights into the changing pattern of household consumption thrown up by the latest Household Consumption Expenditure Survey (HCES) 2023-24 are of special relevance for a wide range of policy decisions. Take, for instance, an issue that seemed to have become a bone of contention between the government and the Reserve Bank of India (RBI): the role and relevance of food inflation in computing consumer-price inflation and hence in formulating monetary policy.
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