Mon, Sep 02, 2024
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 57.5 in August, below July's reading of 58.1 but above its long-run average of 54.0, signalling a substantial improvement in operating conditions.
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Fri, Aug 30, 2024
India's gross domestic product (GDP) expanded 6.7 per cent in the April-June period, showed official data released on Friday.
Fri, Aug 16, 2024
Strong signals from global markets, great action in US markets in 2 days, Dow jumped 550 points yesterday after jumping 250 points on Wednesday, Nasdaq jumped 2.5% yesterday after remaining flat on Wednesday, better than expected economic data boosted US markets. , July Retail Inflation at 2.9%, 3% was expected, Retail inflation below 3% for the first time since March 2021, July Retail Sales increased by 1%, expected to be 0.3%, Better economic data raises recession concerns Decreased.
Thu, Aug 01, 2024
Strong action in global markets. Preparation to cut interest rates. US Fed hints at reducing rates in September. The first cut in interest rates will not be of 0.5%. Inflation is falling towards the target of 2%. The economic situation and unemployment are being monitored. Further rate cuts depend on economic data. More than 60% of experts expect 2 rate cuts this year. Some experts also expect 3 rate cuts.
Tue, Sep 26, 2023
Congress so far has failed to pass any spending bills to fund federal agency programs in the fiscal year starting on October 1 amid a feud within the Republican Party.
Fri, Sep 15, 2023
The data released on Friday by the National Bureau of Statistics (NBS) beat expectations for a 3.9% increase in a Reuters poll of analysts, and marked the quickest rate since April.
Sun, Dec 16, 2018
Monetary policy of US Federal Reserve, escalation of trading tensions and poor market sentiments could weigh on markets, according to UBS.
Fri, Mar 09, 2018
Jobs in India: Debating Jayant Sinha's claim, former union minister Sachin Pilot said that new industries are not creating as many jobs as they project. He pointed out that at present a vast majority of educated young people are either under-employment or unemployed.
Fri, Dec 29, 2017
The US dollar fell to 0.9781 Swiss franc from 0.9867 Swiss franc, and it edged down to 1.2582 Canadian dollars from 1.2643 Canadian dollars.
Wed, Aug 10, 2016
Most of the world`s main stock markets ran into profit-taking Wednesday prompted by weak data, mixed earnings and a sliding dollar, but London hung on by a thread.
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