CPI Increase India’s Consumer Price Index (CPI) rose by 5.49% in September, up from 3.65% in August, and higher than the expected 5%. This marks […]
Category: Business
India’s Passenger Vehicle Sales Drop 1% in September; Two-Wheeler Sales Surge by 16%
Passenger vehicle wholesales in India declined by 1 per cent year-on-year in September, with 3,56,752 units dispatched to dealers. In comparison, the dispatches for September […]
Housing Sales Surge: 229,908 Homes Sold in 2024’s First 9 Months
Housing Sales Reach Record Highs In the first nine months of 2024, India saw a record sale of 229,908 homes, marking a 17% increase compared […]
China Plans Increased Borrowing to Support Local Governments and Address Hidden Debt
On Saturday, China announced that it will “significantly increase” the amount of government debt it issues. This move aims to provide subsidies to low-income individuals, […]
Tesla’s Cybercab Unveiling: A Pivotal Moment for Elon Musk and the Company’s Future
Tesla is set to unveil its long-awaited driverless robotaxi, the Cybercab, later today at an event in Burbank, California, starting at 7 p.m. This marks […]
Asian Stocks Rise as China Launches 500 Billion Yuan Stimulus, U.S. Dollar Steady Ahead of Inflation Data
Asian stocks rose on Thursday, helped by gains in Chinese stocks. China’s central bank launched a 500 billion yuan funding program to boost the markets. […]
Summary of Federal Reserve Meeting Minutes: Key Insights and Economic Outlook
Some members of the Federal Reserve noted that there was a reasonable argument for cutting interest rates by 25 basis points during the July meeting. […]
September Jobs Report: 254,000 New Jobs Added, Treasury Note Yield Approaches 4%
In September, the US economy added 254,000 jobs, which is a lot more than the 147,000 jobs that experts thought would be added. The unemployment […]
Bankruptcies Soar in Japan: 4,990 Companies Fail in Six Months, Marking an 18.6% Increase and the Highest Total in 10 Years
In the last six months ending September 30, 4,990 companies in Japan went bankrupt, the highest number in 10 years. This is an 18.6% increase […]
RBI Keeps Repo Rate Steady at 6.50%, Shifts Policy Stance to Neutral
The Reserve Bank of India (RBI) has decided to keep the repo rate at 6.50%. RBI Governor Shaktikanta Das stated that the standing deposit facility […]
China State Planner’s Statements on the Economy
Overall Economic Stability: The Chairman of China’s state planning agency has stated that the economy is largely stable, although it is facing increasingly complex challenges […]
Lucid Group Exceeds Q3 Delivery Estimates by 24% Amid Market Challenges
Lucid Group reported better-than-expected vehicle deliveries for the third quarter, delivering 2,781 electric vehicles, surpassing estimates of 2,242. This boost in demand was helped by […]