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MAY 2024 ECONOMIC REPORT
Value stocks are making a comeback in India. These 10 stocks could benefitIndia’s value-stock universe is showing signs of recovery after a sharp decline during the previous bull run. ICICI Securities has identifi...- Scapia eyes lending push, widens bank partnershipsIn an exciting development for the travel fintech sector, Scapia is set to roll out a new lending offering within the next few months. The ...
- US Market: Rising R-star adds to pressure on US Treasury yields as AI investment, borrowing lift demand for capitalUS Treasury yields are rising partly on expectations that R-star, the economy’s neutral interest rate, may be structurally higher. Heavy go...
- Behind Sugar Cosmetics down round: valuation to crash 80% in A91 bailoutSugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% below its peak. The funding comes...
- Global Market Today: Asian stocks rise as Fed rate-hike bets easeMSCI’s Asia Pacific equities gauge climbed 0.3%, led by South Korea’s benchmark after Fed Governor Christopher Waller said he would support...
- In 2017, Louisiana helped repair septic systems threatening the Amite River. 7 years later, 805 systems were fixed and 46.9 miles were removed from the bacteria listSignificant strides in water quality have stemmed from proactive home septic system inspections and educational initiatives. The Amite Rive...
- Why was this 17th-century Polish woman buried with a padlock on her toe and an iron sickle across her neck? 300 years later, archaeologists found the answerMore than 300 years after her death, archaeologists uncovered the unusual grave of a young 17th-century Polish woman buried with a padlock ...
- India can unlock over USD 1.5 billion wheat export opportunity as global buyers diversify sourcing: ASSOCHAMIndia can unlock a wheat export opportunity of more than USD 1.5 billion as the gradual reopening of exports coincides with strong domestic...
- AI boom is testing tech firms' climate pledgesTechnology companies are stepping up their climate commitments but not fast enough to counter rapidly inflating energy needs linked to the ...
- Psychology says sleeping with your pet doesn't automatically signal anxiety or dependence, the bond can provide a genuine sense of safety, comfort and emotional securitySharing a bed with pets is a tradition among many owners, who enjoy the companionship and security they provide. Research suggests that pet...
- S&P Global weighs multibillion-dollar spinout of Capital IQ Pro: ReportS&P Global is considering spinning off Capital IQ Pro into a standalone company that could be valued in the high single-digit billions of d...
- Quote of the day by Walton Goggins: 'I wrote about wasting time, which I suppose is a part of the...' - inspirational quote by Oscar-winning actor of The Accountant teaches life lessons on living in the present, why feeling lost and going through difficult phases may be part of life’s journeyQuote of the day by Walton Goggins: Actor Walton Goggins highlights the importance of adversity in our life stories. He believes that it’s ...
- Putin envoy warns of Russian economy going 'berserk' on war footingIn a bleak warning, President Putin's envoy cautions that the Russian economy could spiral out of control. Concentrating solely on military...
- In 1993, Taiwan collected 70% of its trash while recycling virtually none. 33 years later, paid bags, musical trucks and sorting helped drive recycling to 55% nationwideTaiwan’s experience therefore challenges the idea that recycling depends mainly on individual environmental enthusiasm. People certainly ne...
- Scott Bessent huddles with G20 to try to rally allies on Iran as tariffs strain tiesUS Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on econom...
- IGL shares jump 3% after CNG price hike in Delhi NCR. What lies ahead?IGL shares witnessed an uptick on Monday after the company hiked CNG prices by Rs 3.89 per kg in Delhi-NCR, citing higher imported LNG cost...
- India’s growth gets a government lift, Bernstein flags hidden costsIndia's economic outcomes show distortions, not solely free-market forces at play. Company earnings and asset valuations are influenced by ...
- India-Japan trade could scale to USD 50 bn by 2030 as exports diversify: ASSOCHAMIndia-Japan bilateral trade has the potential to rise to USD 50 billion by 2030 from USD 27.47 billion in 2025-26, with greater export dive...
- Four India-based companies engulfed in Trump's economic offensive against IranThe United States has sanctioned four Indian companies and three individuals for facilitating Iran trade. These actions place Indian busine...
- Quote of the day by Paul Krugman: 'I think so long as fossil fuels are cheap, people will use them and it will...' - powerful quote by Nobel Prize-winning economist teaches inspiring life lessons on change, innovation and how cheap energy can slow the shift to new technologyQuote of the day by Paul Krugman: Economist Paul Krugman highlights cost as a key factor in energy transitions. He argues cheap fossil fuel...
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