The United States PCE Price Index for November rose by 2.4% year-over-year, which was slightly below the expected increase of 2.5%. This was a marginal […]
Category: Finance
US Economy Q3: Mixed Performance with Strong GDP Growth, Weak Corporate Profits, and Job Market Variations
In the third quarter, the United States GDP Price Index grew by 1.9%, matching expectations but falling from the previous quarter’s 2.5%. Meanwhile, GDP Sales […]
Fed Cuts Interest Rates by 25 Basis Points, Signals Cautious Approach on Future Rate Hikes
U.S. Federal Reserve has reduced interest rates by 25 basis points (0.25%), bringing them down to a range of 4.25% to 4.50%. This marks a […]
PLI Scheme Boosts India’s Manufacturing Sector with Rs 1.46 Lakh Crore Investment and 9.5 Lakh Jobs
The Centre’s Production Linked Incentive (PLI) scheme has successfully attracted investments worth Rs 1.46 lakh crore to India’s manufacturing sector, resulting in the creation of […]
Federal Reserve Set to Announce 0.25% Rate Cut, but Fewer Cuts Expected Next Year
The Federal Reserve is expected to reduce its key interest rate by 0.25% this week, but they may signal caution about making further cuts in […]
SBI Report: CPI Inflation Projected at 4.8% for FY 2024-25 with Food Price Volatility, RBI’s First Rate Cut Anticipated in February 2025
CPI inflation in India is projected to average 4.8% for the financial year 2024-25, with a potential upward bias due to fluctuating food prices, according […]
RBI Keeps Interest Rate Unchanged at 6.50% Amid Economic Concerns
On Friday, the Reserve Bank of India (RBI) decided to maintain its key interest rate at 6.50%, matching both previous and market expectations. This decision […]
Super Micro Computer’s Special Committee Clears Management, Finds No Evidence of Fraud or Misconduct
Super Micro Computer, Inc. Update: Special Committee Review Findings 1. Background: Super Micro Computer formed an independent Special Committee to review concerns raised by Ernst […]
India Inc. Poised for Improved Profit Margins and Credit Metrics in H2 FY2025, Driven by Rural Demand and Government Spending
India Inc.’s operating profit margin (OPM) is expected to improve in the second half of the current financial year, driven by stronger rural demand, increased […]
Jefferies Report: India’s Central Government Set for 25% Surge in Capital Expenditure, Focused on Infrastructure and Long-Term Growth
According to a report by Jefferies, the Central government’s capital expenditure (capex) is expected to rise significantly by 25% in the second half of FY […]
India’s 3Q GDP Slows to 5.4%, Below JP Morgan’s 6.4% Estimate; Growth Outlook Revised to 6.4%
India’s GDP growth for the July-September quarter slowed to 5.4% year-on-year, the lowest in seven quarters. This was below expectations, with J.P. Morgan predicting 6.4% […]
U.S. Finalizes $7.86 Billion Subsidy for Intel to Boost Domestic Semiconductor Production
The U.S. Commerce Department is finalizing a $7.86 billion government subsidy for Intel, down from the original $8.5 billion announced earlier this year. This reduction […]