Search Results for: financial sectors

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
PM Modi wraps up historic Poland visit setting 'new milestone' in bilateral ties

PM Modi's Historic Visit Strengthens India-Poland Ties

Indian PM Narendra Modi's visit to Poland marked a significant milestone in diplomatic relations between the two nations. Modi extended an invitation to Polish companies to join the 'Make in India, Make for the World' initiative, transforming their bilateral relationship into a strategic partnership. The leaders discussed deepening the India-Poland partnership across various sectors and expressed concern over the conflict in Ukraine. Modi's visit highlighted the shared history and cultural ties between the two nations, further cementing their bond. Aug 23, 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
Import dependency of India's urea industry to fall 10-15 pc this fiscal

India's Urea Industry Marches Towards Self-Sufficiency

India's urea industry, a significant contributor to the country's chemical fertilizer demand, is on the brink of a significant shift. The industry, which currently relies on imports for 30% of its needs, is expected to reduce this dependency to 10-15% in the near-to-medium term. 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
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