Search Results for: financial crises

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
Karnataka to set up task force for safety of doctors, paramedical staff

Karnataka Forms Task Force for Medical Staff Safety Amid Kolkata Rape & Murder Case

In response to the shocking rape and murder of a female doctor in Kolkata, the Karnataka government has taken a significant step towards ensuring the safety of medical professionals. The incident, which has drawn national attention and raised concerns about the safety and protection of women, has led to the formation of a task force dedicated to this cause. 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
India adds 7.3 crore internet subscribers, 7.8 crore broadband users in 1 year

India's Digital Leap: 73 million new internet users added in a year

India's digital sphere has witnessed a significant spike in the past year, with an addition of 73 million internet subscribers and 78 million broadband users. This substantial increase has brought the total number of telephone subscribers in the country to a staggering 1.199 billion. Aug 20, 2024
India records 26 pc jump in FDI flows in first quarter

India records 26 pc jump in FDI flows in first quarter

The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to the same quarter of the previous year, according to the RBI's latest monthly bulletin. Aug 20, 2024
Siddaramaiah

Karnataka CM Siddaramaiah Defends Amid Prosecution Sanctions

Karnataka CM Siddaramaiah faces prosecution sanctions over allegations of improper land allocations. Despite BJP's demand for his resignation, Siddaramaiah refuses, arguing his case differs from former CM Yediyurappa's. Siddaramaiah accuses BJP of hypocrisy, reminding them of their past derogatory comments about Governor Bharadwaj. Amidst protests, Siddaramaiah challenges the prosecution sanction in court, indicating a tough political battle ahead. Aug 19, 2024
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