In response to concerning demand, Tesla has implemented substantial price reductions for the Model Y across Europe, mirroring a strategy employed in China a week […]
Category: Finance
U.S. Federal Deficit Jumps 52% to $129 Billion in December 2024: Record Outlays and Decreasing Receipts
• In December, the U.S. federal government reported a deficit of $129 billion, reflecting a 52% increase from the prior year, primarily due to higher […]
Stock Brokerage Reports Overview: Infosys, TCS, Polycab, Macrotech, HDFC AMC, and India’s OMCs/Oil & Gas Sectors, etc.
• Infosys: 1. INCRED: Upgrades Infosys to Add from Hold, raising target price to ₹1,668 from ₹1,496. 2. Jefferies: Maintains Buy on Infosys, increases target […]
Breaking: China’s Export Shockwave – 2023 Marks First Annual Decline in Seven Years
1. China’s Export Decline:• China faced its first annual decline in exports in seven years, with a 4.6% drop in 2023, attributed to tensions with […]
India’s Economic Snapshot: CPI Uptick, Financial Indicators Shift, and Industrial Production Declines
India’s Economic Overview: December Data Highlights 1. CPI Trends: – In December, India’s Consumer Price Index (YoY) rose to 5.69%, indicating a slight uptick from […]
2024 Anticipates Unprecedented Rate Cut Spree: 7 Cuts, 3 Debates, and an 18% Chance of Eight
In 2024, markets anticipate continuous rate cuts starting in March, aiming for a total of seven reductions to reach 3.50% to 3.75% by December. • […]
Vibrant Gujarat 2024: Unveiling INR 45.2 Lakh Crore Worth of Investments and 98,450 Project Proposals
– At Vibrant Gujarat 2024, a total of ₹45.2 lakh crore worth of Memorandums of Understanding (MOUs) were signed. – In the 2019 edition, 28,300 […]
Vibrant Gujarat 2024 Highlights:
During Vibrant Gujarat 2024, Memorandums of Understanding (MOUs) worth a staggering ₹45.2 lakh crore were inked, surpassing the 2019 edition which saw 28,300 MOUs and […]
Fitch Ratings Affirms India’s ‘BBB-‘ Rating: Robust Growth Amid Fiscal Challenges and ESG Considerations
Rating Overview:Fitch Ratings has affirmed India’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook. This decision is influenced by several key […]
Jefferies Forecasts Potential Market Disappointment as India’s FY25 Budget Indicates Slower Capital Expenditure Growth
Jefferies’ note suggests that India’s FY25 budget could exhibit a reduced growth in capital expenditure compared to previous years, potentially causing market disappointment. Key Highlights […]
Hedge funds sold a largest volume of U.S. tech and media stocks in the week ending Nov. 24.: Goldman Sachs
In a recent prime brokerage note to clients, Goldman Sachs revealed that hedge funds sold the largest volume of US tech and media stocks since […]
Building Wealth: A Comprehensive Journey with Fixed Deposits
Fixed deposits have always been a popular investment choice among many investors. Despite the ups and downs of the financial markets, fixed deposits offer stability […]