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IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...- This floating city is so massive it could carry an entire town across the ocean, and it has schools, parks and hospitalFreedom Ship, the proposed 80,000-resident floating city, is pushing the boundaries of ocean living. This massive vessel could combine home...
- 12 scientists will drift across the Arctic, locked inside sea ice for 8 months to watch an ocean survive its darkest, coldest seasonA daring expedition is underway as 12 individuals will spend eight months adrift in the Arctic Ocean, encased in ice. This mission, Tara Po...
- Japanese PM Sanae Takaichi to visit India next week for 16th annual summit with PM ModiJapan's Prime Minister Sanae Takaichi embarks on a significant three-day visit to India from July 1-3 for the 16th India-Japan Annual Summi...
- BJP seeks cancellation of Bengaluru tunnel road tender, targets Congress over Adani bidThe BJP has demanded Karnataka government scrap the Bengaluru tunnel road tender, alleging the Adani Group's bid is a staggering 96% over t...
- EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rulesEU antitrust regulators are eyeing Amazon and Microsoft's cloud services, AWS and Azure, as potential 'gatekeepers' under new tech rules. T...
- Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
- US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
- Best proverb of the day: "If you want to dine with the devil, you'll need a long spoon." A life lesson on dealing with difficult peopleBest proverb of the day: The German saying "If you want to dine with the devil, you'll need a long spoon" warns against getting too close t...
- Rs 20 lakh investment for senior citizens: SBI FD vs SCSS vs RBI floating rate bond- which pays the highest?Investment options for senior citizens: Senior citizens seeking steady retirement income can choose between Senior Citizens Savings Scheme ...
- AI is not DIAs AI becomes a go-to for advice on everything from relationships to morality, a crucial distinction emerges. While AI offers powerful info...
- SREI Finance withdraws plea against Nirmal Lifestyle Mulund’s revival plan at appellate tribunalA key creditor has withdrawn its appeal against Nirmal Lifestyle's resolution plan after the buyer, Mantra Properties, clarified a disputed...
- Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...
- Life lesson of the day by John Locke: 'Reading furnishes the mind only with materials of knowledge, it is thinking that...' - motivational quote by English philosopher reveals why reading alone won't make you smarter and how to turn information into knowledgeLife lesson of the day by John Locke: Philosopher John Locke reminds us that mere reading isn't enough for true knowledge. He emphasizes th...
- Aavas Financiers sees top-level churn: CFO and CRO to exit, interim replacements namedAavas Financiers is facing another leadership shake-up, with Chief Financial Officer Ghanshyam Rawat and Chief Risk Officer Ashutosh Atre r...
- Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
- Do you take too much time making day-to-day decisions? Psychology says when people have more choices, it takes them longer to decideEver feel overwhelmed by too many choices. Psychology's Hick's Law explains this, stating more options mean longer decision times and incre...
- Home loan insurance: Protecting the dream home without paying more than you need toHome loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabili...
- Bandhan Bank increases FCNR(B) deposit rates to 7.1 pc after RBI forex swap moveBandhan Bank has raised interest rates on Foreign Currency Non-Resident Bank deposits for non-resident Indian customers. US dollar deposits...
- Psychology says people who check twice or thrice if they have turned the gas stove off or locked the doors before sleeping do not have OCD, they are just trying to create certainty before restPsychology suggests this behavior is rooted in a deeply human need for security and reassurance. Going to sleep requires temporarily lettin...
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