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Global Market: European stocks slide as oil surge revives inflation concernsEuropean shares fell as banks hit over three-month lows amid rising bond yields and oil prices. Investors worried persistent inflation coul...
US Fed minutes signal another rate hike by year-end as inflation stays highAccording to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to o...
Best online deals to have short life as brands battle surging input costsDuring this festive period, ecommerce platforms are gearing up to provide enticing discounts for just the first few days. However, as risin...
RBI has space for more rate hikes despite growth cheerQuickening inflation, stoked by oil prices and El Nino, could force policymakers to harden further
Nifty 50 companies likely to log strong double-digit growth in Q2Revenue and net profit of Nifty 50 companies are projected to grow by nearly 20% year-on-year. Analysts note that performance is driven by ...
Global Market: Eurozone energy inflation has yet to spread to broader prices, ECB's Rehn saysEurozone energy inflation has not yet spread broadly to other goods and services, ECB policymaker Olli Rehn said. Rising bond yields may cu...
India's services sector growth at 3-month high, but quarter weakest since 2022, PMI showsIndia’s services sector expanded at its fastest pace in three months in September, with the HSBC Services PMI rising to 55.2 on stronger do...
US Market: Borrowing costs surge as debt burden limits policy optionsUS borrowing costs are rising as Treasury yields remain elevated, with federal debt surpassing $40 trillion and annual interest payments ne...
Euro faces political, fiscal reckoning as it hovers near 17-month lowThe euro has hit a 17-month low, primarily due to a mix of political instability and fiscal challenges within the euro zone. Heightened wor...
US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
Godrej Consumer expects high-teens revenue growth in Q2 despite inflationary pressuresGodrej Consumer Products Ltd anticipates strong consolidated revenue growth in the upcoming September quarter. This expected growth is driv...
Double trouble at the dinner table: When will food prices normalise for Indians?India’s food inflation: Food prices are rising unevenly, impacting household budgets, while inflation is projected to persist in upcoming m...
Global Market: Eurozone business activity hits 29-month high as price pressure intensifiesEurozone business activity expanded at its fastest pace since April 2023 in September, driven by strong service demand and AI investments. ...
Charting the global economy: US employment growth moderatesThe labor market in the US revealed sluggish growth in September, with only 29,000 jobs added, alongside a significant deceleration in wage...
Eurozone factory growth hits four-year high in September on strong demandEurozone manufacturing growth accelerated to a four-year high of 52.9 in September, driven by robust demand for capital goods and rising ex...
Global Market: European shares slide as surging bond yields hit risk appetiteEuropean shares opened the final quarter lower as elevated global bond yields and persistent inflation concerns weighed on investor sentime...
India factory activity rebounds sharply in September as demand revives, PMI hits 7-month highIndia's manufacturing sector rebounded in September after a three-month slowdown, driven by strong demand for various products. The HSBC In...