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China’s top decision-making body, the Politburo, announced on Friday its commitment to “moderately” strengthen fiscal policy to propel economic recovery. Chaired by President Xi Jinping, the meeting focused on economic strategies for 2024, emphasizing the continuation of “proactive” fiscal policies […]
As the anticipation grows, the Bharatiya Janata Party (BJP) faces a conundrum in selecting the next Chief Minister for Rajasthan. Key leaders Vasundhara Raje and Yogi Balaknath, considered top contenders, engaged in meetings with party leadership, setting the stage for […]
Telangana Chief Minister, Revanth Reddy, has allocated portfolios to 11 ministers in his newly formed cabinet, as confirmed by a gazette notification from the state government. Reddy, who has retained the Municipal Administration and Urban Development portfolio, will also oversee […]
The Bahujan Samaj Party (BSP) has suspended Member of Parliament Danish Ali for purportedly engaging in anti-party activities, leading to a public dispute. BSP’s National General Secretary Satish Chandra Misra, in a suspension letter to Ali, accused him of repeatedly […]
Amit Malviya, the In-charge of Bharatiya Janata Party’s National Information & Technology Dept, launched a scathing attack on the Congress party and its leader Rahul Gandhi following income tax raids at the premises of Congress MP Dhiraj Sahu in Jharkhand, […]
The US bond market is sounding recession alarms with approximately 130 basis points of rate cuts priced into interest-rate derivatives for the coming year, according to recent reports. Goldman Sachs suggests this pace of monetary-policy easing looks more like “recession […]
In a critical juncture, the Governor’s investigation into Kerala’s financial emergency has placed the state government in a precarious position. Instigated by a petition from the ‘Save University’ campaign committee, the Governor’s examination, coupled with revelations from the Chief Secretary […]
In a significant rebound, Wall Street achieved its highest level in 20 months on Friday, spurred by a robust U.S. job market report. The S&P 500 secured its sixth consecutive winning week, marking its lengthiest streak in four years with […]
In a forward-looking analysis, JPMorgan and Co. strategists are forecasting an upswing in the Cboe Volatility Index (VIX) for 2024, indicating a departure from its lowest point experienced this year, pre-pandemic. The magnitude of this anticipated increase, they posit, is […]
The recent government notification prohibiting sugar mills from using cane juice/syrup for ethanol production has caused disappointment in the stock market. This policy shift impacts sugar mills and investors who were banking on the government’s support for the ethanol blending […]