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Updated: 2 hours 27 min ago
US Q4 GDP shows annualised 2% rise, expected to crown vigorous second half
While the Fed wants to guard against a re-acceleration of inflation, a further softening of price pressures risks making policy even more restrictive
Fresh formal job creation dipped to 30-month low levels in Nov: EPFO
In November 2023, the number of new monthly subscribers under the EPF decreased by nearly 10 per cent to 736,015 from 816,721 in October, according to the latest monthly payroll data
Govt defers Rs 5,000 cr plan to fill parts of strategic petroleum reserve
In the federal budget for 2023-24, the government had outlined a plan to purchase crude oil worth Rs 5,000 crore for caverns in the southern cities of Mangalore and Visakhapatnam
Oil mkt braces for a weeks-long disruption to shipping in southern Red Sea
Suezmax ships - so-called for their ability to sail full through the canal that links Asia and Europe - are up about 50% to almost $70,000 a day
Interim Budget to cut fiscal deficit in election year, focus on capex: Poll
The government is aiming to narrow the fiscal deficit to 4.50% of GDP by the end of the 2025-26 fiscal year (FY) from 5.90% in the current year to end-March 2024
Oil drops slightly on China demand concerns but records weekly gain
Brent futures settled 54 cents lower at $78.56 a barrel. U.S. West Texas Intermediate crude fell 67 cents to settle at $73.41
Maharashtra signs investment MoUs worth Rs 3.53 trillion at Davos
Maharashtra Chief Minister Eknath Shinde on Friday said he is resolute in leading the state to its ambitious target of becoming a USD 1 trillion economy as the state government secured investment MoUs worth Rs 3.53 lakh crore (USD 44 billion) this week at the World Economic Forum Annual Meeting.
The state also received an expression of interest for an additional Rs 1 lakh crore investment, taking the total to Rs 4.5 lakh crore (nearly USD 57 billion) with a potential to create about two lakh jobs across sectors, including electronics, IT, data centres, gems and jewellery, agriculture, automobile and renewable energy, an official statement said.
During his visit here accompanied by Industries Minister Uday Samant and several senior officials, Shinde signed 19 MoUs (Memoranda of Understanding).
Presenting Maharashtra as the premier investment hub under the theme "Bringing Confidence during a changing World", Shinde held meetings with a large number of global political leaders, industr