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McDonald's franchise owner Scott Rodrick says his business has experienced cost pressure since California's minimum wage increase targeting fast-food franchises on Maria Bartiromo's Wall Street.

Indian-Americans were largely seen as a model minority in the US: successful, talented and law-abiding. Dozens of Sunder Pichais and Satya Nadellas helming tech companies made Indian-Americans not only highly visible but also respectable. Until MAGA base of President-elect Donald Trump triggered a racist campaign against Indian techies after he appointed Sriram Krishnan as the White House policy advisor on Artificial Intelligence. Indian-Americans are facing nativist ire on social media due to their perceived exploitation of work visas at the expense of American workers.

Gold delivered one of its best performances in a decade in 2024 recording an annual growth of 26%, fuelled by central bank purchases, geopolitical tensions, and expectations of accommodative monetary policies by global central banks, including the Reserve Bank of India (RBI). The yellow metal breached the Rs 80,000 per 10 gm mark this year, witnessing a strong rally before hitting a Fed wall. The last reported price was Rs 76,469 on Tuesday around 2 pm, nearly 5% lower from its lifetime peak of Rs 80,282 on the MCX.

Subscribe to enjoy similar stories. MUMBAI : The advertising industry navigated a turbulent 2024, grappling with economic challenges that impacted consumer spending and marketing budgets. Navin Khemka, CEO, South Asia at EssenceMediacom, described the year as “extremely tough," attributing the slowdown to high food inflation, subdued rural demand, and cautious startup spending.

«Our X account was briefly compromised and the previous three posts were not authorised or posted by Ford. We are investigating the issue, and apologise for any confusion caused,» said Ford in a statement on X after the company recovered its account on the platform.

Subscribe to enjoy similar stories. The US Federal Reserve has begun one of its reviews of “monetary policy strategy, tools and communications." December’s cut in interest rates and investors’ reaction to it underline just why such a review is needed. Consider how the latest policy announcement unfolded.

InCred Equities has a reduce call on SBI Cards and Payment Services with a target price of Rs 500. The current market price of SBI Cards is Rs 673.7. SBI Cards, incorporated in 1998, is a Small Cap company with a market cap of Rs 64039.35 crore, operating in Financial Services sector. SBI Cards and Payment Services' key products/revenue Segments include Fees & Commission Income, Interest, Other Services, Sale of services and Commission for the year ending 31-Mar-2024.

Indian markets are likely to trade lower on Tuesday tracking muted global cues. Benchmark indices closed lower in the previous trading session. Sectorally, buying was seen in FMCG, IT, telecom and healthcare stocks while selling was seen in auto, capital goods, metal and realty stocks on Monday.

Rail Vikas Nigam (RVNL) are expected to remain in focus on Tuesday as the company informed that it emerged as the lowest (L1) bidder for a project worth Rs 137.16 crore for the Bhusaval-Khandwa Sections of Central Railway. “In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Central Railway for Design, Supply, Erection, Testing & Commissioning of 132/55 KV Traction Substation, Sectioning post (SPs) and Sub sectioning post (SSPs) in 2 x 25 KV Traction System (Scott Connected Transformer) of Bhusaval — Khandwa Sections of Central Railway, to meet 3000 MT loading target on EPC mode,” said the company in an exchange filing.

buy call on JSW Infrastructure with a target price of Rs 375. The current market price of JSW Infrastructure is Rs 322.2. JSW Infra, incorporated in 2006, is a Small Cap company with a market cap of Rs 67830.05 crore operating in Shipping sector. JSW Infrastructure's key products/revenue segments include Cargo Income for the year ending 31-Mar-2024.

Subscribe to enjoy similar stories. Out of the Nifty-50 constituents, an alarming 19 companies are yet to publicly state a target year for becoming net-zero emitters or carbon neutral. Another 20 companies have publicly announced a net-zero target and 11 have committed to a carbon neutral target year.

Subscribe to enjoy similar stories. New Delhi: The government has asked states to ease land availability for renewable energy projects with a focus on wind power, two people in the know of the developments said, citing industry concerns over the pace of progress. States are now looking at consolidating unutilized government land for wind power projects as the ministry of new and renewable energy pushes for completion of 500 GW of non-fossil power capacity by 2030.

Most economists a month ago likely would have told you that Canadian interest rates would steadily decline during the first half of 2025 before stabilizing in the third quarter.

Subscribe to enjoy similar stories. Nifty and Bank Nifty: The Indian stock market closed with gains, led by the auto and financial sectors. The Nifty 50 index rose by 0.27%, adding approximately 63 points to close at 23,813.40.

Subscribe to enjoy similar stories. With trading volumes in futures and options (F&O) shrinking dramatically, a pressing question emerges: where did these volumes go? Some experts speculate the volumes might have shifted to small-cap stocks in the cash market. To protect investors and rein in speculative trading, India’s markets regulator took decisive measures targeting the derivatives segment (F&O), including reducing weekly option products that dominated trading volumes.

Subscribe to enjoy similar stories. The Indian real estate sector is witnessing a bullish phase, fuelled by strong demand in key cities like Bangalore, Hyderabad, and Mumbai. However, the broader market has recently undergone a correction, with the Nifty index retreating.

priority sector lending targets, including sub-targets for major heads in 2023-24, particularly in agriculture, according to central bank data. Although all bank groups managed to achieve their stipulated overall targets and sub-targets, private sector banks did better than their public sector peers.

Indian Space Research Organisation (ISRO) is set to launch its year-end mission, "Space Docking Experiment" (SpaDeX), on Monday at 9:58 pm from the Satish Dhawan Space Centre (SDSC) SHAR in Sriharikota. The mission will use PSLV-C60.

Pakistan paramilitary soldier has been killed and 11 others injured in firing by the Afghan Taliban forces at the border posts of Pakistan troops, days after strikes by Pakistan targeted the banned Tehreek-e-Taliban (TTP) militants. According to defence sources, the Afghan troops resorted to «unprovoked fire on multiple Pakistani border posts» in the Upper Kurram district on Saturday morning.