Central banks cagey about joining the global interest-rate cutting cycle may reveal themselves this week with a quartet of decisions in advanced economies. Days after the Federal Reserve pared back projections for US monetary easing this year, policymakers from the UK to Australia are likely to signal that they’re still not convinced enough about disinflation … Read more
Mysore Silk saris have always been a favourite among women for their unique sheen and texture, but of late, due to extensive publicity for the GI-tagged pure silk product on social media and other factors, sales have skyrocketed, leading to a shortfall in supply. According to data provided by Karnataka Silk Industries Corporation Limited (KSIC), … Read more
Only days since the declaration of SSLC results, apprehension over availability of Plus One higher secondary seats in Malabar is building. Students, parents, and teachers are worried if they will find admission in the school and course of their choice. As many as 4,24,772 students became eligible for higher studies in the State after appearing … Read more
Oil prices dropped to a near two-month low on receding tensions in the Middle East, a complex interplay of escalating supply levels, demand worries, and challenging economic indicators. The global benchmark, US WTI crude currently clinging below $80 a barrel, has lost more than 10% from a near two-year high tested last month. A similar … Read more
London: Medtech firm Zimmer Biomet Holdings beat Wall Street estimates for first-quarter profit on Thursday, on the back of robust demand for its devices that are used in knee and hip reconstruction procedures. Zimmer’s results extend a strong quarter for medical device makers, including peer Stryker Corp which raised its annual profit outlook betting on … Read more
A radical rethink of how neurodiversity is treated is needed for the NHS to keep up, a think tank warns. Source link
India’s currency and debt markets will be closed on Monday, April 1, for a holiday and will resume trading on Tuesday, April 2. The markets were also closed on Friday. The Indian rupee fell by a slight 0.03% to close at 83.40 per U.S. dollar on Thursday, pressured by weak Asian peers and strong dollar … Read more
Consumption generally rises during the summer months, given the higher dependence on air conditioners to escape the heat. File. | Photo Credit: K.K. Mustafah Sweltering temperatures are driving up electricity consumption in Kerala, giving anxious moments to the State’s power sector. Daily electricity consumption stood above the 90 million unit (MU) mark on the last … Read more
New York: The benchmark S&P 500 index hit a fresh record high on Thursday after a blowout revenue forecast from AI darling Nvidia boosted investor confidence in the sector and sparked a rally in growth and technology stocks. Nvidia’s shares surged 15.2% after the chip designer forecast a roughly three-fold surge in first-quarter revenue on … Read more
Mumbai: Shares of metal companies surged on Wednesday as China’s move to prop up its economy is seen boosting demand and prices of metals, but experts remain skeptical of this rally sustaining till there are definitive signs of stronger growth in the world’s second-largest economy.Hindalco Industries, Tata Steel, JSW Steel, Jindal Steel and Power, Steel … Read more