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ECONOMIC DATA MANIPULATION
India emerges as AI opportunity hub, but UN panel warns of gaps in infrastructure, talent and safeguardsA UN-backed panel's initial report highlights India's AI healthcare successes but warns of a growing 'AI divide'. While India possesses tal...
US Stock Market: Fed's Warsh targets real-time economic data overhaul, unveils global advisory task forcesFederal Reserve Chairman Kevin Warsh is spearheading a significant shift towards real-time economic data, aiming to reduce reliance on trad...
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
'From ships to chips': EAM Jaishankar says India, South Korea have complementarities in many fieldsIndia's External Affairs Minister S. Jaishankar, at the Jeju Forum, called for stronger cooperation between India and South Korea, referenc...
'Part of our national security': Pakistan threatens war against India over Indus Water TreatyPakistan's Defence Minister has issued a stark warning to India, threatening war if its water security is jeopardized. This comes as Pakist...
In 1902, Willis Carrier was trying to stop paper from warping in a Brooklyn print shop: This led to the foundation of the modern air-conditionerThe year was 1902 when Willis Carrier revolutionized our comfort with the invention of air conditioning, a solution aimed at managing humid...
Rs 1 lakh turned to Rs 21 crore! Do you own these 11 penny stocks that delivered over 10,000% returns?Eleven penny stocks have delivered over 10,000% returns since May 2021, transforming Rs 1 lakh into over Rs 21 crore for some investors. Th...
Quote of the day by Meir Statman: "The market may be crazy, but that doesn’t make you a psychiatrist"Behavioral finance expert Meir Statman advises investors against trying to diagnose market volatility, emphasizing that the market's irrati...
Wall Street's mystery traders minted millions in 6 cases amid Iran-US war. Coincidence or insider trading?The ongoing US-Iran conflict has roiled global markets, but a few traders have made outsized gains by placing timely bets in stocks, oil fu...
Why are gold and silver prices fluctuating so often, and is it complete manipulation? Bullion price movements, analysts insights, metals market outlook explainedWhy are gold and silver prices fluctuating so often, and is it complete manipulation? Gold prices increased due to US-Iran tensions, fallin...
'Economic devastation', claims Congress, accuses Modi government of manipulating dataThe Congress party convened an extended CWC meeting in Patna, asserting that the BJP-led government's economic policies have caused widespr...
Trump orders firing of official overseeing jobs data after weak employment reportPresident Trump ordered the firing of Bureau of Labor Statistics Commissioner Erika McEntarfer following disappointing jobs data and signif...
Jane Street saga: Nilesh Shah gives 3 reasons why no HFT will do it in ChinaKotak MF’s Nilesh Shah warned that India's capital markets are exposed to HFT manipulation due to regulatory gaps. Comparing India to China...
PM's entire focus not on reducing inflation but on data manipulation, propaganda: CongressCongress criticised the Modi government for allegedly manipulating inflation data. The party claimed the government prioritises showing low...
BSE SME IPO index cracks over 2% as Sebi raises eyebrows over price manipulationThe S&P BSE SME IPO index dropped 2.3% to 56017.74. Shares of Resgen, Pace E-Commerce Ventures, Navoday Enterprises, Captain Technocast, Ka...
Yashwant Sinha claims economic data being "manipulated" by BJP govtDuring demonetisation period also, data were "fudged" and the country's growth data was revised at 8.2 per cent, Yashwant Sinha claimed.
Narendra Modi government manipulating GDP data of previous years: CongressThe Congress leader said the economic mismanagement under the Modi government has led to economic anarchy and jugglery of GDP figures.
'No manipulation' in calculating GDP: GovernmentThe Statistics and Programme Implementation Minister's remark came while he was responding to questions about growth numbers in the Lok Sab...
- Govt cracks down on cos filing false data
Companies that provide wrong data in a bid to manipulate the advance tax payouts , will now face penal action. Satyam....What lies ahead | ...
- WPI base may be changed to 2004-05
The government may change the base year for compiling wholesale price index (WPI) from the current 1993-94 to 2004-05.