Future outlook for residential market in India remains optimistic: Report
Mumbai, Aug 14 – The future outlook for the real estate market remains in the optimistic territory in India, showcasing the sector’s resilience with notable activity in residential and office demands, a report showed on Wednesday. The Knight Frank–NAREDCO report cited that the
Vinod Khosla slams Musk for his CO2-level tutorial to Trump as ‘dumb’
New Delhi, Aug 14 – Venture capitalist Vinod Khosla on Wednesday slammed billionaire Elon Musk over his climate-talk tutorial to Republican Party Presidential candidate Donald Trump, saying his thoughts about CO2 ppm (parts per million) levels and their consequences were simply “dumb”. In
Tokyo stocks end higher tracking Wall Street gains
Tokyo, Aug 14 – Tokyo stocks closed higher on Wednesday as confidence was bolstered by gains of stocks in the US market overnight. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 209.92 points, or 0.58 per cent, from Tuesday
40 per cent of Biden’s major IRA manufacturing projects delayed: Report
Washington, Aug 14 – About 40 per cent of “the biggest US manufacturing investments” announced in the first year of US President Joe Biden’s acts to strengthen its cleantech and semiconductor supply chain have been delayed or paused, a media report said. The
New Zealand eases level of monetary policy restraint
Wellington, Aug 14 – New Zealand’s central bank eased the level of monetary policy restraint by reducing the official cash rate (OCR) by 25 basis points to 5.25 per cent on Wednesday due to eased inflation. New Zealand’s annual consumer price inflation is
WPI inflation eases to 3-month low of 2.04 pc in July
New Delhi, Aug 14 – India’s wholesale price inflation slowed to a 3-month low of 2.04 per cent in July compared to the same month last year, mainly due to a decline in vegetable prices, according to figures released by the Commerce Ministry
Sensex trades higher, smallcap and midcap stocks under pressure
Mumbai, Aug 14 The Indian equity indices opened higher on Wednesday as smallcap and midcap stocks saw some pressure in the morning trade. At 9:47 a.m., Sensex was up 154 points or 0.20 per cent at 79,110 and Nifty was up 23 points
Is my account safe?
By: YBB Personal Finance SENTIMENTS That depends on the type of accounts & where they are held. FDIC insures bank deposits up to $250K/ownership-category/bank. Deposits can be checking, saving (regular or online), money-market accounts & CDs. Limits apply to different ownership-categories – individual,
Personal finance insights: Market sentiments, investment strategies, and economic trends
By: YBB Personal Finance SENTIMENTSAAII Bull-Bear Spread +11.5% (above average)$NYA50R, NYSE %Above 50-dMA 71.63% (overbought)$SPXA50R, SP500 %Above 50-dMA 69.8% (positive)Delta MSI 65.0% (positive) ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 60.59%, Hybrids 4.53%, Bonds 17.88%, M-Mkt 17.01% INTEREST RATESCME FedWatchFOMC 7/31/24+ hold (cycle
Govt extends deadline for comments on new packaging rule for retail goods
New Delhi, Aug 2 - The Centre's Department of Consumer Affairs has extended the timeline for submission of comments on the proposed amendment in Rule 3 of the Legal Metrology (Packaged Commodities) Rules, by a month, to August 30 from the earlier date
Mideast tensions: Air India suspends flights to and from Tel Aviv till Aug 8
New Delhi, Aug 2 - Amid growing tensions in parts of the Middle East, Air India on Friday announced to suspend flight operations to and from Tel Aviv till August 8 with immediate effect.
Sri Lanka’s economic recovery continues: IMF
Colombo, Aug 2 - Sri Lanka's economic recovery continues with real gross domestic product (GDP) posting three consecutive quarters of expansion, and growth accelerating to 5.3 per cent year-on-year in the first quarter of 2024, the International Monetary Fund (IMF) said on Friday.
Regional conference in Thailand explores digital economy cooperation
Bangkok, Aug 2 - Policymakers, industry executives, representatives of associations and experts gathered in Thailand's capital to share insights on digital economy cooperation and development in Southeast Asia at a regional conference.
Bears growl! Sensex falls 885 points, investors lose over Rs 4 lakh crore
Mumbai, Aug 2 - Indian equity indices closed in the deep red on Friday session following profit booking on higher levels.
Indonesia identifies over 100 new potential nickel reserve sites
Jakarta, Aug 2 - There are at least 100 additional sites in Indonesia with the potential to contain nickel reserves that remain unexplored, according to recent findings by the Geological Agency of the Energy and Mineral Resources Ministry.
Vietnam’s gold demand hits highest level since 2014
Hanoi, Aug 1 - Gold bar and coin demand in Vietnam in the first half of this year reached 26 tonnes, the highest level since 2014, Vietnam News Agency reported Thursday, citing the World Gold Council's Q2 2024 Gold Demand Trends report.
Bank of England cuts interest rate to 5 percent
London, Aug 1 - The Bank of England (BoE) has voted to cut its benchmark interest rate to five per cent, the United Kingdom's (UK) central bank said in a statement on Thursday.
Textile factory resumes operation in Afghanistan
Kabul, Aug 1 - The operation of a textile plant in south Afghanistan's Kandahar province was resumed after more than two decades of suspension, General Director of the plant Mawlawi Mohammad Salim Sabir said on Thursday.
Major Southeast Asia economies to see promising growth in 10 years: Report
Singapore, Aug 1 - The top six economies in Southeast Asia, Vietnam, the Philippines, Indonesia, Malaysia, Thailand, and Singapore, will grow at an annual average rate of 5.1 per cent over the next 10 years, according to a report issued on Thursday.
Historic day for Indian stock market, Nifty closes above 25,000 for first time
Mumbai, Aug 1 - Indian frontline indices closed at a record high on Thursday due to positive sentiment in the market.