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
Mpox

India Braces for Mpox: A New Global Health Threat

The deadly new strain of Mpox, often referred to as monkeypox, has been spreading rapidly across the African continent and beyond, posing a significant threat to global public health. The virus, which was previously confined to isolated regions, is now inching closer to India, with neighboring Pakistan already reporting initial cases. Aug 23, 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
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