Tag: economic growth

Infosys, Wipro and other IT stocks fall up to 3% after TCS Q1 earnings disappoint on revenue quality

Stocks
Shares of Indian IT majors slumped up to 3% on Friday, with Tata Consultancy Services (TCS), Infosys, and Wipro leading sectoral losses after TCS’s first-quarter earnings showed sluggish growth and failed to reassure markets amid...

Asian markets mixed; Wall Street hits record high; Hong Kong’s Hang Seng jumps 1.6%

Business
( Representative AI image) Asian markets were mixed on Friday as investors stayed cautious despite Wall Street hitting record highs.Chinese markets led regional gains, with the Hang Seng Index in Hong Kong surging 1.6%...

Finmin nudges large CPSEs, key agencies to boost capex

Economy
The finance ministry is nudging large central public sector enterprises (CPSEs) and key government agencies to boost their capital expenditure (capex) in this...

Beyond Solow: Rethinking growth in the age of AI

Economy
Long-run economic growth hinges on technological progress, a core insight of Robert Solow's renowned Growth Model. The model argues that once an economy...

US consumer confidence sinks to 5-year low driven by tariffs, recession fears

Business
AI-generated image (Credit: Bing image creator) American consumer confidence in the economy has dropped to its lowest level since the onset of...

US Stock Market: US stocks drop as Fed’s Powell says growth appears to be slowing; Nvidia tumbles

Stocks
NEW YORK: U.S. stocks ended sharply lower on Wednesday as Nvidia warned about steep charges from new U.S. curbs on its chip exports...

repo rate: Repo rate could be headed to 5.25-5.5% amid growth fears, global uncertainties

Stocks
Mumbai: Downside risks to growth, falling inflation and uncertainties in the global economic environment have led economists to expect the terminal repo rate...

US Markets: Friendly fire leaves US markets as biggest loser

Stocks
New York: Financial markets around the world are reeling Thursday following President Donald Trump's latest and most severe set of tariffs, and the...

Fed leaves policy rate outlook unchanged amid projected growth slowdown, temporary inflation jump

Stocks
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing...

Wall Street pros weigh in on market sell-off under Trump’s tariff war

Market
It's been a brutal start to March as markets reverse their Trump-driven euphoria following the president's recent tariff...

Committed to reducing regulatory burden: FM Nirmala Sitharaman

Economy
The Centre remains steadfast in reducing regulatory burden and enhancing trust-based governance to improve ease of doing business, FM Nirmala Sitharaman said on...

World Bank bullish on Indian economy, reaffirms faith in country’s potential

Economy
The World Bank on Wednesday expressed strong confidence in the Indian economy and appealed to all to come and invest in the country....

RBI starts deliberations on interest rate amid expectations of 25-bps cut

Economy
Days after the Union Budget, the Reserve Bank of India (RBI) on Wednesday started deliberations on the monetary policy amid expectations of a...

Australia shoppers lured by discounts, shore up economy in 4Q

Market
By Wayne Cole SYDNEY (Reuters) - Australian retail sales dipped in December as pay back for a Black Friday...
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