Mumbai: Federal Reserve Chairman Jerome Powell on Friday hinted that interest rates will be cut at the next September meeting as risks in the US are now shifting from inflation to employment. It has become necessary to support the job market by lowering interest rates. Speaking at the Jackson Hole …
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Goldman cuts GDP forecast due to weak consumer demand | News India
Mumbai: In view of the reduction in capital expenditure by the central government, Goldman Sachs has marginally reduced its estimate of India's economic growth rate for the current and next year. The growth rate is estimated to be below seven percent. This reduction has come in view of the elections …
Read More »Sebi to soon release 'stress test' report on equity funds | News India
New Delhi: The Securities and Exchange Board of India will soon publish the report of the industry-wide stress test conducted on equity mutual funds. The test estimates the number of days required to complete redemptions of a large amount in a short period of time. Anant Narayan, whole-time member of …
Read More »Sensex will close above 82333 at 81888 in the new week | News India
Mumbai: As a result of last week's projections that the US economy was heading towards a recession, the US Federal Reserve was now forced to cut interest rates as experts began to suggest that the Federal Reserve would now be forced to cut interest rates. Global markets rallied last week …
Read More »Big investors earned Rs 20,000 crore by selling shares in a single week | News India
Ahmedabad: Global uncertainties and fears of high domestic valuations have created a lot of confusion in the Indian stock market for some time now. However, amid all this, after the figure of selling shares worth Rs 1 lakh crore by promoters in the current year, this week also saw tremendous …
Read More »Business: Some large-cap stocks fall up to 25% as Sensex hits record high | News India
The Indian stock market is currently close to a record high. Meanwhile, there are some large-cap stocks in the market that have fallen by up to 25 percent. According to available data, there are ten such stocks in the BSE 100 index. Which is trading 25 percent below its 52-week …
Read More »Business: Four slabs of GST likely to remain | News India
A panel of state ministers set up to suggest changes in the Goods and Services Tax (GST) regime has indicated that the existing four-tier tax structure should be retained. The group's convenor and Bihar's deputy chief minister said in a statement, “Some members of the Group of Ministers (GoM) have …
Read More »Now your favorite song will play on your Instagram profile, set the music like this | News India
20 mins ago Business New Delhi: If you use Meta's popular photo sharing app Instagram, then this article is going to make your day. Yes, the company has introduced a new update for Instagram users. Instagram users can now set their favorite song …
Read More »Skoda Kailak spotted during testing, features and design information revealed | News India
New Delhi: Czech Republic's automaker Skoda has recently announced the name of its new SUV. According to media reports, this SUV named Skoda Kilak has been seen recently during testing. What kind of features can be given in the SUV, when can it be launched? We are telling you in …
Read More »This Indian whisky is number one in the world, from taste to price it is also good | News India
6 mins ago Business If you're not an alcoholic, you can't describe the taste of alcohol, but alcoholics will tell you instantly what it tastes like. Do you know that the liquor made in India has become the number 1 whiskey by beating …
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