A RATING
Is Wall Street factoring in a rate cut by year-end? Geoff Dennis answers
I think July is a tough call now, although the payroll numbers on Friday will give us another clue on that. But I think they will cut twice before the end of the year, probably in September and December.
Billionaire Goenka slams US restaurant charging Rs 1400 for a piece of dosa
The 'All Day Breakfast' menu at the unnamed restaurant offers whimsically named dishes such as the "naked crepe" for dosa, "dunked doughnut delight" for vada, and "dunked rice cake delight" for idli. Although these playful names might amuse you, the prices are likely to be quite surprising.
TRADERS’ CORNER: A luggage stock ready for 7% upmove & a rating agency for positional 6% trade
Mid cap and small cap stocks getting back momentum .
From Bumrah's economy rate to record-low run-rate, a look at numbers that define T20 WC 2024
The ICC T20 World Cup 2024 was a memorable event, with record-breaking figures in six-hitting, run-rate, and bowling economy rate. The tournament saw the lowest overall run rate at 7.09, the first time 500+ sixes were smashed in the competition. India secured eight wins in a row, making them the first team to win the T20 WC without a loss. Only the second ICC T20 WC without a single century was scored, with Nicholas Pooran's 98 against Afghanistan.
Budget 2024: A look at how India’s inflation panned out within a year before Sitharaman’s key announcements
Budget 2024 India Inflation Rate | Finance Minister Nirmala Sitharaman is set to unveil Budget 2024 amid a focus on India's inflation, a pivotal concern. With inflation easing to a 12-month low of 4.75% in May, the RBI aims for a sustainable 4% target. The budget will navigate challenges like food prices and global uncertainties, shaping economic policies for stability and growth.
Tech boom leads global markets through first half of 2024
The first half of 2024 was marked by soaring mega caps, political uncertainties, and remarkable movements in commodities and emerging markets. From Nvidia's market value surge to Japan's weakening yen and the rise of cryptocurrencies, the period reflected a mix of challenges and opportunities shaping the global economy.
- Go To Page 1
Airtel hikes tariffs by 11-21%, a day after Jio
Bharti Airtel announced on Friday that it will raise tariffs for all its prepaid and postpaid users starting July 3. This move follows a similar hike by rival Reliance Jio, which increased its rates by 12-15%. The primary objective of these changes is to improve the average revenue per user (ARPU).
Traders like a 'volatile & unpredictable' Trump
With he and President Joe Biden running neck-and-neck ahead of their first debate Thursday night, investors have already been trying to game out how the Republican's return to the White House could affect everything from the electric-vehicle industry to the direction of long-term interest rates.
A matter of interest. When rates don’t deliver
repo rate has remained well above the recorded inflation rate for most parts of the last two years, so If high interest rates could tame the present inflation, logically it should have been tamed by now. What if a recalcitrant inflation is signaling to us that we are using the wrong tool?
Dow closes at a one-month high as investors broaden portfolios
The Dow reached a one-month high, but the Nasdaq fell over 1% as investors shifted from AI-linked stocks. Federal Reserve rate cuts were anticipated, impacting market movements.
IndiGo partners with Garuda Aviation Academy to train fresh pilots as junior first officers
IndiGo partners with Garuda Aviation Academy for Cadet Pilot Program, offering a 21-month course including training at 43 Air School in South Africa.
Banking return on assets to dip 10-20 bps: Crisil
Return on assets (RoA) of banks, after hitting a 20-year high in the previous year, is forecasted to ease to 1.1-1.2% in the current fiscal year, according to Crisil Ratings. The moderation is attributed to higher deposit costs impacting net interest margins. Credit costs are expected to stabilize, supporting overall profitability as non-performing assets decrease.
Personal loan interest rates June 2024:Which bank is offering the lowest interest rate on personal loans
Personal loan interest rates June 2024: The interest rate on a personal loan varies across lenders and is determined by several criteria, such as the borrower's credit score, loan amount, and loan duration. Here is a list of banks' personal loan interest rates on different amounts.
Flesh-eating bacteria that can kill in two days spreads faster than ever in Japan
Flesh-eating bacteria in Japan: A deadly outbreak of Streptococcal toxic shock syndrome (STSS), caused by a "flesh-eating" bacteria, is rapidly spreading across Japan, with Tokyo experiencing a significant surge. STSS can lead to death within 48 hours of infection.
PwC India expects upswing in small, mid-size M&A transactions
PwC India anticipates an upswing in India markets, especially in small to mid-size M&A transactions and growth fundings. Sanjeev Krishan highlights diverse M&A strategies, PE investment trends, and top deals. The firm aligns with India's 'Viksit Bharat' agenda and emphasizes emerging technologies and ESG integration.
Should you buy a house now before property prices soar or wait for home loan interest rates to drop?
A favourable wealth effect, driven by a sharp rise in the equity markets, is enticing many first-time homebuy ers to take the plunge, while affluent buyers are looking for second homes. If you are a fence-sitter, still unsure about when to buy a house, this market presents a big dilemma. Is it the right time to buy a house?
CIBIL or credit score drop can cost you Rs 19 lakh more on a Rs 50 lakh home loan; 4 ways to avoid it
Many social media users are reporting sudden credit score dips. Erroneous transactions, lender misreporting, and late credit card or BNPL payments, over-utilisation of credit limits are some culprits. If you have a poor credit score or CIBIL score, you'll have pay to a few lakhs extra for any big-ticket loan such as a home loan. It pays to be aware of why credit scores drop suddenly and how it can impact your life. ET Wealth Online speaks to various experts to decode how to maintain a healthy credit score or CIBIL score.
RBI MPC Meeting 2024 at a glance: Here's a one-stop guide to all key decisions
The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to maintain the current interest rate at 6.5%, following a 4:2 majority decision. The panel projected real GDP growth for FY25 to be 7.2%, up from 7%. The MPC is also maintaining the Standing Deposit Facility rate at 6.25% and the Marginal Standing Facility bank rate at 6.75%.
Container shortage is shipping’s Achilles’ heel
An initial surge in freight prices — prompted by ships taking the much longer route around the Cape of Good Hope — petered out in March, yet prices have now surged even higher.
10 Best Black Teas in India With the Finest Flavors and Aromas
This article reviews the 10 best black teas available online in India, highlighting their unique flavors, quality, and customer feedback. From robust Assams to delicate Darjeelings, it provides a comprehensive guide to help tea enthusiasts find their perfect brew. Each product's key features, pros, and cons are detailed for informed purchasing decisions.
Inox Wind shares dip 18% in last 2 days. What’s wrong?
Following the sale of a 5% stake by the promoter entity, shares of the high-performing stock Inox Wind experienced an 18% decline over the last two days, reaching the day's low of Rs 134 on the BSE on Wednesday.
European shares struggle for direction ahead of ECB's inflation surveys
European shares were subdued as investors awaited inflation surveys for insights on the ECB's monetary policy, with Germany's DAX up 0.2% post a 1.8% fall in April's wholesale prices.
Trade strains boost cargo rates at pace recalling Covid ‘chaos’
Global goods trade is rebounding, boosting shipping rates and triggering memories of past disruptions for supply-chain managers.
Fixed deposit: Best tax-saving FD interest rates in May 2024
Tax-saving fixed deposits (FDs) are those where you get a deduction of up to Rs 1.5 lakh under Section 80C of the Income-tax Act, 1961 for investing in the deposit. You can invest a maximum of Rs 1.5 lakh in a tax-saving FD in a year. Keep in mind that tax-saver FD has a tenure of five years.
Should you buy a second house with a loan?
The key consideration in making this decision is to assess how it will impact their financial plan and goals. Shoaib or his wife might want to pursue alternative career options, take a break, or start their own business. They must ensure that they are not forced to continue with their jobs against their will because they find themselves in debt.
Wall St Week Ahead-Inflation data, presidential debate could sink summer rally
The typical summer slowdown in U.S. stock markets may be more pronounced this year due to inflation jitters and an early presidential debate. The rally that pushed the S&P 500 near record highs may face challenges from Federal Reserve decisions and Treasury bond yield movements.
French shipping giant expects slump in cargo rates
CMA CGM SA anticipates lower ocean freight rates as new vessel deliveries boost capacity impacted by ship diversions to avoid the Red Sea conflict.
Investors 'most bullish' since Nov 2021 - BofA survey
The survey of global fund managers with $562 billion in asset under management found 82% expect the first by the rate cut by the Federal Reserve in the second half, while 78% say a recession is unlikely over the next 12 months.
Number of ghost malls rising in India, Delhi NCR tops the list, followed by Mumbai, Bengaluru: Report
Knight Frank India's recent report reveals a notable rise in ghost shopping malls, with 64 such malls identified in 2023 compared to 57 in 2022. These malls, characterized by a vacancy rate exceeding 40%, saw a 58% increase in area, reaching 13.3 million square feet. The report highlights the challenges faced by Grade C assets and ghost shopping centers, emphasizing the need for landlords to rejuvenate or divest such properties.
Load More
