Economic News, Economy, Forex, Stock Market
July 12, 2023
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650% Surge: Multibagger Stock Declares 1:1 Bonus.

Extra offers 2023: Thangamayil Gems shares are one of the multibagger stocks that Indian financial exchange has delivered in ongoing year. The little cap stock has areas of strength for given in post-Coronavirus bounce back. In most recent three years, this little cap gems stock has ascended from around ₹225 to ₹1655 each levels, conveying […]

Economy
February 02, 2023
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Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook (NASDAQ:META), which has fallen on hard times amid a broad post-pandemic slump in digital ads, is focused on improving […]

Economy
January 13, 2023
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Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ

The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve to ease the pace of its interest rate hikes. At 03:05 ET (08:05 GMT), the US Dollar Index, which tracks the greenback against a basket of six other currencies, […]

Economy
January 12, 2023
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Chinese Fret Over Infecting Elderly As Holidays Prompt COVID Warnings

People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns for holidays that the World Health Organization warns could inflame a raging outbreak. The Lunar New Year holiday, which officially starts from Jan. 21, comes after China last month abandoned a strict anti-virus regime of […]

Economy
November 30, 2022
20 views 6 mins 0

jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone

Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead of their Dec. 13-14 gathering. Chair Jerome Powell is expected to this […]

Economy
September 09, 2022
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India inflation likely rose in August, snapping 3-month downtrend

India’s retail inflation likely snapped a three-month downward trend in August as food prices surged, a Reuters poll of economists found, which may add pressure on the Reserve Bank of India to hike interest rates more aggressively in coming months. Food inflation, which accounts for nearly half the consumer price index (CPI) basket, is expected to have soared as prices of […]

Economy
May 17, 2022
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According to CII president Sanjiv Bajaj, India’s GDP may expand 7.4-8.2% in FY23

According to Sanjiv Bajaj, the incoming president of the Confederation of Indian Industries and chairman of Bajaj Finserv, India’s FY23 gross domestic product is predicted to expand between 7.4 and 8.2% under three scenarios of world crude oil prices. Bajaj also stated during a press conference that the government needs to significantly expand its spending […]

Economy
May 12, 2022
23 views 2 mins 0

To address the fuel crisis, environmental permissions for coal mine expansions were eased

In response to fuel shortages that have resulted in hours-long blackouts, India has eased environmental licences for coal mine expansions. According to a government notice, certain existing facilities will be able to increase production by 10% without requiring fresh impact assessments, while requirements on contacting local communities have been relaxed. The revisions follow the coal […]