Jefferies downgrades earnings forecasts as Nomura predicts Q3 FY25 slowdown. Nifty 50 falls 6.2% as foreign investors sell over $10B

In October, India’s NSE Nifty 50 Index fell by 6.2%, marking its worst monthly decline since March 2020, due to increased foreign outflows. According to […]

Crude Oil Prices Fall Sharply Below $70/Barrel for the First Time Since December 2021

Crude oil prices witnessed a sharp decline on Tuesday, with Brent crude falling over 3%, dropping below the $70 per barrel mark. Intraday trading saw […]

Nomura Lowers India’s FY25 Growth Forecast to 6.7% Amid Slower GDP Growth

Nomura has revised its economic growth forecast for India in FY25, lowering it to 6.7% year-on-year from an earlier estimate of 6.9%. This adjustment follows […]

India’s Manufacturing PMI Falls to 57.5 in August, Missing Expectations of 57.9 and Hitting 3-Month Low

India’s manufacturing sector saw a slowdown in growth during August, with the HSBC Manufacturing PMI dropping to 57.5, below the expected 57.9 and down from […]

India’s Q1 GDP Growth Slows to 6.7%, Missing Expectations

India’s Gross Domestic Product (GDP) grew by 6.7% in the first quarter of the fiscal year, falling short of the anticipated 6.9% and marking a […]

U.S. Investors Shift $47.5 Billion into Money Market Funds Amid Economic Concerns, Pull $7.4 Billion from Stocks

In the week ending August 7, U.S. investors moved a huge $47.48 billion into money market funds, marking the biggest weekly inflow since April 3. […]

Navigating Challenges in Unsecured Loans: A Deep Dive into Small-Ticket Personal Loans

In recent times, a discernible uptick in delinquencies within the realm of unsecured loans, particularly small-ticket personal loans (STPL), has set off alarm bells for […]

Moody’s Alarming Downgrade: United States’ Credit Outlook Dips, Signaling Potential Economic Challenges Ahead

Moody’s Investors Service changed the outlook on the United States’ AAA credit rating from stable to negative on 10th November 2023, signaling growing concerns about […]