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The Bank of England is expected to maintain interest rates at a 16-year high of 5.25% Thursday, but a cut wouldn’t be a huge surprise as inflation falls from multi-decade highs

The rate of guns stolen from cars in the U.S. has tripled over the last decade, making them the largest source of stolen guns in the country

China reported Thursday that its exports and imports returned to growth in April, suggesting that demand is improving despite an uneven economic recovery

All eyes will be on Canada’s job numbers tomorrow for clues not only on how the economy is faring, but also what the Bank of Canada might do next.

Honda R&D (India), a unit of Honda Motor Co, on Thursday said it has commissioned a new R&D centre in Bengaluru to accelerate electrification in India. Honda has set a global target of achieving carbon neutrality in all its products and corporate activities by 2050. The company is working to make a wide range of its products carbon neutral in terms of their power sources. In the motorcycle business, Honda is aiming to achieve carbon neutrality for all its motorcycle products during the 2040s, Honda R&D (India) said in a statement.

ICRA, India's domestic tyre volume growth is expected to moderate to 4-6 per cent in FY2025 from an estimated 6-8 per cent in FY2024 on the back of elevated base and subdued growth in the commercial vehicle (CV) segment. ICRA anticipates domestic demand from original equipment manufacturers (OEMs) in certain consumer segments like passenger vehicles (PV) and two-wheeler as well as replacement to remain healthy, supporting overall tyre volume expansion in FY2025. While revenues would expand by 5-7 per cent in FY2025, high natural rubber prices and increasing crude prices are likely to moderate the tyre industry’s margins by 200-300 basis points (bps) in FY2025.

Solana’s recent price surge has intrigued the cryptocurrency market, with traders and analysts closely monitoring its movements. Veteran analyst Crypto Tony’s astute observations and predictions have shed light on Solana’s impressive rebound, offering valuable insights into its trajectory and signalling a bullish outlook for the digital asset.However, amidst the buzz surrounding Solana’s resurgence, another groundbreaking development is on the horizon: the launch of a DeFi 2.0 altcoin, Retik Finance (RETIK), on 21st May 2024, set to make waves in the market and is termed ‘the Next SOL’ according to Crypto Tony.

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Jewellers are expecting Akshaya Tritiya sales to pick up as the prices of gold have softened a bit from Rs 73,000 per 10 gm level and are currently hovering around Rs 71,650 per 10 gm. Demand for everyday wear diamond jewellery as well as solitaires is also set to pick up, the trade expects.

In the crypto market today, there’s a growing list of altcoins in circulation, which ultimately confuses most investors as they don’t understand which project to trust. That’s why investors who don’t want to take any chances try their best to observe the performances of altcoins before making any move. Bitgert coin has recently been enjoying an increase in value, which is drawing the interest of strategic investors to the token.

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.

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.

Akshaya Tritiya approaches, several devotees buy gold on the occasion. Also recognized as Akti or Akha Teej in certain regions, Akshaya Tritiya holds significance for Hindu households worldwide. It symbolizes new beginnings and the welcoming of prosperity into one's life and household. The price of gold recently surged to record levels, with 24 karat gold surpassing the Rs 75,000 mark per 10 grams. Several factors contribute to the final amount a buyer must pay for a piece of gold jewelry, including the prevailing gold price, manufacturing charges, and the expenses associated with any diamonds or other gemstones incorporated into the piece. Given India's enduring tradition of buying gold during auspicious occasions like Akshaya Tritiya, it's crucial for individuals to conduct thorough research before making a purchase and understand how the price is determined for the precious metal.

₹8,600 in the month of April. As per the data available on National Securities Depository Ltd (NSDL), FPI selling in Indian equities during April stood at ₹8,671 crore and ₹5,076 crore in May so far. FPIs selling worth ₹14,079 crore in Indian equities was seen between April 16 and 30, as against inflows of ₹5,408 crore in the first half of the month.

NEW DELHI : Rising gold prices and a series of other factors are set to challenge India's gold jewellery market in the first quarter of the current fiscal year. Demand for the precious metal is expected to be subdued due to price volatility, fewer auspicious wedding dates, and the backdrop of elections in the world's largest democracy. Despite these headwinds, Tata-backed Titan Company Ltd, which houses one of India's top jewellery brands, Tanishq, remains optimistic about the latter half of the year.

Also Read: Salman Khan house firing case: Fifth accused arrested from Rajasthan "He shot a video of Salman Khan's house, then sent it to gangster Anmol Bishnoi," newswire ANI reported quoting Mumbai Crime Branch officials. "Further investigation is underway regarding the recce outside the houses of two more actors," said police. Police further added that shooters – Sagar Pal and Vicky Gupta – were apprehensive about carrying out the firing until Bishnoi reassured them that they would gain virtue by completing the task.

NEW DELHI : More than half of Indian retailers (52%) are planning to onboard fresh graduates this year, while two out of five (38%) retailers are seeking to recruit experienced professionals, according to a report by staffing and recruitment firm GI Group. In 2023, the retail industry experienced an 8% rise in job applications, while demand surged by 18%, indicating a strong interest in retail hiring. This was driven by retailers continuing their expansion across tier-1 and tier-2 cities.

Q4 results today on May 9: At least 40 companies will announce their financial results for the fourth quarter of FY24 today, Thursday, May 9. Also Read | Q4 results: L&T, Tata Motors, SBI, TVS Motors among companies to declare earnings this week; check full list here The fourth quarter earnings season for this fiscal year kicked off in the second week of April 2024 and is still underway, with over 260 companies set to declare their Q4 results this week.

Mint analysis, Tata Consultancy Services (TCS), Infosys, Wipro and HCL Technologies saw their combined workforce drop by over 60,000 in FY24, while the overall share of women in these four companies remained unchanged at 35.5% as of 31 March, compared to 35.6% a year ago. While the share of women employees at these four firms remained about the same over the past year, their absolute number fell 22,498.

₹15,863 crores this month, is a significant current trend in the market. Despite their continued buying, DIIs are not as aggressive as they previously were because of some uncertainty over the election results. It's critical to recognise that, in addition to the high US bond yields there is now another driver driving FII selling.