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
market

US Rate Cut Fuels Optimism in Indian Stock Markets

The anticipated US rate cut is expected to boost the Indian stock market and various sectors like IT, BFSI, automotive, and real estate. The Indian markets have been on a recovery rally, influenced by positive US economic data and global cues. Aug 24, 2024
New Delhi, Principal Scientific Adviser, advisory document, Bharat Zero Emission Trucking Policy, ecosystem, decarbonisation, Net Zero

Govt launches Bharat Zero Emission Trucking policy advisory

Prof. Ajay Kumar Sood, Principal Scientific Adviser (PSA) to the Union government on Wednesday launched the advisory document titled 'Bharat Zero Emission Trucking (ZET) Policy Advisory' aimed at creating an ecosystem to speed up decarbonisation and help achieve India's ambitious Net Zero 2070 target. Aug 21, 2024
Optiemus begins telecom equipment manufacturing with Tejas Networks

Optiemus Joins Telecom Manufacturing to boast Make in India

Optiemus Electronics has partnered with Tejas Networks to manufacture telecom equipment in India. The partnership aligns with the 'Make in India' initiative and aims to reduce dependence on imports. The venture has boosted Optiemus Electronics' financial performance, with a 29.3% jump in net profit in Q1 FY25. The collaboration is expected to enhance domestic production and contribute to the goal of Atmanirbhar Bharat. Aug 20, 2024