Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes, observes Debashis Basu. Last week I was chatting with a retired banker who has his savings invested largely in stocks. Like many thoughtful people hoping to see a just and equitable society he was concerned about […]

Equity markets in Asia closed on an overwhelmingly negative note on Tuesday, tracking the weak closing on Wall Street on Monday amidst anxiety about how the U.S. labor market update could sway the Fed’s interest rate trajectory. China’s trade data update due on Wednesday as well as the inflation update due on Friday added to the anxiety. News of Moody’s […]

‘Rizz’ has been named word of the year 2023 by Oxford University Press. Oxford defines the new term, used mainly by Generation Z, as “style, charm, or attractiveness; the ability to attract a romantic or sexual partner”. Etymologically, the term is believed to be a shortened form of the word ‘charisma’. ‘Rizz’ can also be used as a verb, in […]

Bharat Heavy Electricals Ltd (BHEL) is India’s largest engineering and manufacturing enterprise, operating across energy, industry, and infrastructure sectors. The investment path for the stock is based on a large order backlog, continued strong order inflows, and rising power demand, which should push demand for BHEL’s equipment and services. BHEL has historically held over 70 per cent market share in […]

The U.S. military’s recruiting chiefs have rvealed that The Army, Navy and Air Force failed to meet recruiting goals in the fiscal year that ended in September. The Marine Corps and the Space Force made their goals, but the recruiting environment remains tough. According to Army Maj. Gen. Johnny K. Davis, commanding general of the Army Recruiting Command, he has […]

The deficit stood over Rs 8 trillion in the first seven months of the current financial year.Non-tax revenues, comprising transfers from the RBI and dividends of the public sector units, shored up the Centre’s revenues.. Collections from major central taxes — corporation, central goods and services tax (CGST), excise duty and customs duty — before devolution to the states declined […]

France’s economy contracted in the third quarter on weak global demand and inflation slowed to the lowest since early 2022 as economic activity remained subdued adding to hopes that the European Central Bank would start policy easing earlier than markets currently anticipate. Gross domestic product fell by a revised 0.1 percent on a quarterly basis, after expanding 0.6 percent in […]

Thousands of desperate borrowers are being warned they are at risk from loan sharks now that Morses Club, one of the last remaining doorstep loan providers, has folded. Being left high and dry after the lender, along with its brands Dot Dot Loans and Shelby Finance, went into administration makes families, often with poor credit scrores, hugely exposed to illegal […]

Pixelworks, Inc. (PXLW) announced the launch of OnePlus 12 smartphone that incorporates the Pixelworks X7 independent display processor. The Pixelworks X7 visual processor and OnePlus’ Super Frame Rate and Picture Quality Engine work together seamlessly to enhance the rendering and display capabilities for gaming. This will be the fourth OnePlus device that incorporates Pixelworks’ hardware in 2023 after the flagship […]

The European Union has completed the ratifying procedures of the ambitious free trade agreement (FTA) with New Zealand. The Council of the European Union on Monday decided to ratify the deal less than a week after the European Parliament gave its consent. The deal is expected to cut some EUR140 million a year in duties for EU companies. As a […]