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NY Fed says supply chain pressures eased in JuneGlobal supply chain pressures eased in June, with the New York Fed index falling to 1.25 as Middle East disruptions showed signs of easing....- US service sector growth dips in June; employment rebounds after months of contractionUS services sector activity saw a slight dip in June as the impact of Middle East war-driven order rushes faded. However, employment reboun...
- Global Market Today: Shares edge higher in Asia as oil dips, earnings loomAsian markets saw gains as Wall Street futures rose, buoyed by hopes of strong earnings and easing oil prices. Reduced inflation fears have...
- Gold trades near two-week high on cooling US rate-hike betsGold prices are holding firm near a two-week peak, buoyed by a recent U.S. jobs report that softened expectations for immediate Federal Res...
- US pressure led 13 countries to skip Khamenei's funeral in Iran: ReportsIran's Tasnim news agency reports 13 nations reportedly withdrew or reduced participation in Ayatollah Ali Khamenei's funeral, citing US di...
- IT services growth likely to stay soft in near term as clients delay discretionary spends: EquirusIndia's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clients shift from cost-cutting to AI-...
- How ‘apparent temperature' becoming the latest hot thing and where our ‘feels like’ feelings take usThe article laments the modern trend of 'feels like' over actual measurements, using temperature as a prime example. It traces the origin o...
- Dollar set for biggest weekly drop since April after jobs data lowers Fed hike betsThe US dollar is experiencing its biggest weekly loss in 12 weeks, driven by weaker-than-expected US jobs data that has dampened expectatio...
- June services growth hits 17-month low as client interest fadesIndia's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business expansion als...
- Quick commerce no longer luxury service, becoming permanent structural shift in urban retail: ReportQuick commerce is revolutionizing India's retail sector, transforming from a niche service to a permanent fixture. Projections indicate thi...
- US Stock Market: Soft US jobs data eases Fed rate fears, lifts market sentimentA recent U.S. jobs report, showing slower-than-expected growth and downward revisions, has eased investor fears of persistent inflation and...
- India's hidden semiconductor advantage: What's next in the chip journey?As India accelerates its semiconductor ambitions with a proposed second-phase incentive programme, Equirus says the country is well positio...
- US Seahawk helicopter makes emergency sea landing; one service member missingA U.S. Navy MH-60S Seahawk helicopter experienced an emergency landing in the Arabian Sea, leaving one service member missing and three inj...
- US manufacturing activity eases in June; prices paid by factories remain elevatedUS manufacturing activity saw a slight dip in June, following a robust May. While expansion continues for the sixth month, the pace has mod...
- Gold slips as fading US-Iran peace prospects reinforce Fed rate-hike betsGold prices tumbled to a seven-month low as hopes for a U.S.-Iran peace deal faded, fueling inflation worries and increasing the likelihood...
- CG Semi’s Gujarat chip unit starts to shipThis marks a new milestone in India’s mission to create an ecosystem for semiconductor manufacturing and assembling, which began from scrat...
- India Semiconductor Mission 2.0 gets EFC nod with ₹1.2 lakh crore outlayIndia's semiconductor ambitions are set for a major boost with the Expenditure Finance Committee approving nearly ₹1.20 lakh crore for the ...
- India's chip dreams get a Rs 1.25 lakh crore push with Semiconductor Mission 2.0India is significantly boosting its semiconductor ambitions with a Rs 1.25 lakh crore allocation for India Semiconductor Mission 2.0, a sub...
- Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
- Musk's SpaceX targets US consumers with Starlink mobile service push, FT reportsSpaceX is reportedly planning a direct-to-consumer Starlink mobile service in the US, potentially challenging giants like Verizon and AT&T....
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