US jobless claims data allays fears over economic slowdown

US Jobless Claims Rise Marginally, Fed Rate Cut Expected

US jobless claims marginally increased, easing fears of a sharp economic slowdown. The US Federal Reserve is expected to cut interest rates to stimulate economic growth. Fed Chair Jerome Powell's upcoming speech is anticipated to provide insights into future policy. The potential rate cut could boost global markets, including India's, by attracting foreign investors. Aug 24, 2024
Flood situation in Tripura worsens, death toll rises to 10, over 34,000 people in camps

Tripura Flood Crisis Escalates: Death Toll Rises, Thousands Displaced

The northeastern Indian state of Tripura is struggling with a worsening flood situation, with the death toll rising to 10 and over 34,100 people seeking refuge in 331 relief camps across all eight districts.The incessant heavy rains since Monday have wreaked havoc in the state, causing landslides and drowning incidents that have claimed lives and injured people. Aug 22, 2024