New York (TIP)- Oil prices edged up on worries that the escalating conflict in the Middle East could threaten oil supplies from the world’s top producing region, but a large build in U.S. crude inventories […]
To curb speculative trading, markets regulator Sebi on Tuesday put in place a stricter framework for equity index derivatives by increasing the minimum contract size and mandating upfront collection of option premiums. Other measures announced […]
New York (TIP)- Global debt hit a record high of $312 trillion at the end of the second quarter, driven by borrowing in the United States and China, data from a banking trade group showed. […]
New Delhi (TIP)- Benchmark stock market indices continued their upward tick to hit a record high for the sixth session led by a rally in IT stocks. The S&P BSE Sensex added 67.47 points to […]
New Delhi (TIP)- Brookfield Asset Management Ltd. plans to add to the $13 billion it has already invested in Indian infrastructure, describing it as the “brightest spot” in emerging markets.“There’s no reason why we can’t […]
New York (TIP)- The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the pandemic, sharply lowering borrowing costs shortly before November’s presidential election. Policymakers voted […]
New York (TIP)- Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an outsize Federal Reserve interest-rate cut next week. The so-called core consumer price […]
Mumbai (TIP)- Reserve Bank Governor Shaktikanta Das on Thursday, September 5, said the Indian growth story remains intact with consumption and investment demand growing in tandem, and emphasised that past reforms need to be augmented […]
With the global demand for Indian spirits growing at a healthy rate, the government is planning to promote both Indian alcoholic and non-alcoholic beverages in the international markets and is eyeing USD one billion (about […]
Nanda Vrat is dedicated to Shiva and it is believed that Goddess Sati observed this fast to get Shiva as her husband. Sati followed the rituals of Nanda Vrat and made a Shivling of clay […]
The US economy expanded more than initially estimated in the second quarter this year, the Department of Commerce said Thursday, August 29, on stronger consumer spending than originally anticipated. The world’s biggest economy grew at […]
Further tranches of sovereign gold bonds are unlikely, said sources to Business Today TV. SGBs are government securities denominated in grams of gold and are substitutes for physical gold. According to sources, “SGB is a […]
Newport Beach (TIP)- Starbucks, struggling with weak demand and disgruntled investors, said Tuesday that CEO Laxman Narasimhan is stepping down after a little more than a year in the job. The Seattle coffee giant said […]
Industry bodies representing the Real estate investments trusts (REITs) and alternate capital on Monday came in support of embattled Sebi chief Madhabi Puri Buch facing allegations by US short-seller Hindenburg Research of having stakes in […]
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