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Gold prices climb to record high on US rate-cut optimism

Data last week offered the U.S. Federal Reserve good news on two fronts, but policymakers haven't openly shifted views yet about the timing of rate cuts investors are convinced will start this year.

Boom in e-commerce opens door for multiple jobs at all levels

The e-commerce industry is booming due to increased smartphone and internet access, offering a plethora of job opportunities. Evolving consumer behavior and technology advancements are driving this growth, with a projected surge in India's online consumer base. The sector demands a wide range of skills, from tech-related roles to digital marketing and content creation.

Elon Musk's X Corp loses lawsuit against Israeli data-scraping company

X Corp's legal battles over copyright violations against data-scraping companies were dismissed by Judge Alsup, raising concerns about monopolistic information control and copyright ownership in public data use.

Transforming India's Infrastructure: The Belden Smart Buildings Solutions Summit

Tech View: Nifty forms Inside Bar candle. What should traders do on Tuesday

Nifty on Monday ended 33 points lower to form an Inside Bar pattern on the daily chart with the India VIX recording a surge of over 13%.

Dow jumps 226 points on bright earnings, megacaps' support

The S&P 500 was up 53.38 points, or 1.07%, at 5,063.98, and the Nasdaq Composite was up 221.35 points, or 1.43%, at 15,672.66. GE Aerospace rose 6.2% after the aerospace giant raised its full-year profit forecast. Danaher gained 7% after the life sciences firm beat quarterly profit and sales expectations.

Mahavir Jayanti 2024: Data, significance, wishes, and quotes

Mahavir Jayanti honors Lord Mahavir, the 24th Tirthankara of Jainism, with prayers, processions, and charitable acts. Celebrated in March or April, devotees engage in rituals, anointments, and community service to commemorate his teachings of non-violence and kindness. The day typically begins with devotees waking up early for a holy bath before commencing their prayers. A procession called rath yatra sees the idol of Lord Mahavir carried out on a chariot, with religious rhymes recited along the way.

Young, bright, dead: Why Indian students' deaths in US aren't probed

While some deaths of Indian and Indian-origin students in the US are explainable, quite a few are not. The police often don’t investigate properly, some Indian-American parents say, because the community doesn’t get ‘enough’ media coverage

S&P 500 ends slightly higher as markets brace for inflation data, earnings

Wednesday's hotly anticipated Consumer Price Index (CPI) is at the top of most investors' minds as they tweak expectations on the timing and extent of the Federal Reserve's rate-cutting phase, following robust economic data such as last Friday's blockbuster employment report.

India a bright spot in the Asia-Pacific region in 2023: UN’s Economic and Social Survey of Asia and the Pacific 2024

According to the Survey, released on Thursday, India’s performance in 2023 has been helped by its lack of external exposure, both to the developed world and to China. Instead, the growth drivers for the country are primarily domestic, it said.

China stocks see biggest jump in 1-month on strong PMI data

China stocks jumped on Monday, logging their biggest daily gain in a month, after the latest manufacturing activity data signalled that the economy's recovery is gaining traction, while the Hong Kong market was closed for a holiday.

Ujjwala burning bright?

On the face of it, the scheme reflects an incomprehension of rural India's political economy. The countryside is littered with unused LPG stoves and empty gas cylinders distributed free under the scheme. More than 58% of rural households don't use LPG, even though data shows they have a connection. For these households, the money could have been better spent. We will need more than a subsidy of ₹300, covering about 27% of the cost of a gas cylinder, to incentivise rural households to move to an expensive, even though cleaner, cooking fuel.

China stocks primed for bullish reopening after upbeat data

With trading in mainland China shut from February 9-16, investors will likely take cues from gains seen for the country's shares listed offshore. A gauge of stocks in Hong Kong rallied nearly 5% since it reopened on Wednesday while the Nasdaq Golden Dragon China Index jumped 4.3% for the week, underscoring room for onshore shares to play catch-up.

8 Best Speedometers providing essential data to empower cycling enthusiasts (2024)

Embark on your cycling journey equipped with the best speedometers tailored to meet the needs of avid cyclists. These speedometers offer a comprehensive range of features, including precise tracking of speed, distance, riding time, and more. Whether you are a professional cyclist seeking data analytics or a casual rider looking for essential metrics, there's a speedometer to suit every preference. Dive into this curated selection to discover the perfect companion for your adventures, ensuring you stay informed and motivated with every pedal stroke.

India is a global bright spot, but some neighbours are ahead on indicators

On Republic Day, it is opportune to assess India's economic strength, particularly noteworthy in times of global uncertainty, and evaluate its performance in terms of income and health outcomes in comparison to neighboring South Asian countries. In brief, India has outperformed certain neighbors but not all of them.

Gold ETFs shine bright in 2023; log Rs 2,920 crore inflow amid geopolitical uncertainty

"Higher inflation and subsequent hike in interest rates augured well for gold. Moreover, heightened geopolitical tension triggered due to the war between Israel and Hamas made it an attractive and safe investment destination for investors," Himanshu Srivastava, Associate Director - Manager Research at Morningstar Investment Research India, said.

India's economy burns bright, but watch out for these 4 risks in 2024

India recorded a GDP expansion of 6.1 per cent in the March quarter. The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter. For the first six months of this fiscal, the growth was 7.7 per cent. Yet, there are risks to the economic growth and stability in 2024.

IPO Street shines bright in 2023 on robust local demand, equity rally

Indian companies collectively raised $7.1 billion (around ₹54,000 crore) through the IPO route. Its share in the total money raised globally through IPOs expanded to 5.6%, up from 4.1% in the previous year. China raised $60.5 billion, accounting for nearly 48% of the global funds raised compared with 56% a year ago.

Bright lights of a global bright spot

The Indian economy has demonstrated strong resilience, exceeding expectations by achieving a 7.6% year-on-year growth in real terms for the July-September quarter of FY2024, following a 7.8% expansion in the first quarter. Notably, this growth is notable given the challenging global environment.

Ecommerce festive sales off to a bright start on deep discounts

Brands and ecommerce platform executives said they have seen a better-than-expected start to festive season sales at the end of the first week, with deep discounts, shaking off concerns around an impact from the ‘Shradh’ period, which lasted till October 15.

Ecomm festive sales off to a bright start on deep discounts

The first week of flagship sales in India's ecommerce sector has seen a strong start, with brands and ecommerce platforms reporting better-than-expected sales. Despite concerns over the impact of the 'Shradh' period, which is traditionally a time when Hindus refrain from making purchases, the industry has seen a more than 30% growth in order volume terms between October 7 and 13. Ecommerce platforms have seen gross sales of over $4 billion between October 7 and 14, an increase of 18% from last year. Brands have also experienced significant growth compared to the same period last year.

Consumer fintech startup Bright Money raises $12 million in funding from existing investors

Founded in 2019 by Petko Plachkov, Avi Patchava and Varun Modi, Bright Money offers financial tools that help consumers manage debt and get out of it, by leveraging data science.

41 multibaggers, 80% win rate! SME IPOs spreading FOMO among bluechip warriors

Out of the 105 SME IPOs that got listed on Dalal Street so far in the calendar year 2023, a majority 84 have given positive returns. This translates into a win rate of 80%, which means four out of every five SME IPOs made money.