Search Results for: Insurance Regulatory and Development Authority

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
India mobile phone exports reach $6.5 billion in April-July, iPhones lead

India's Mobile Phone Exports Soar; Apple Leads The Way with iPhones

India's mobile phone exports have reached a new high, with a significant contribution from Apple's iPhone exports. According to industry data, exports of mobile phones from India reached $6.5 billion in the April-July period of the fiscal year 2025 (FY25), marking a nearly 40% surge from the same period in the previous fiscal year (FY23). Aug 23, 2024
Second Neuralink chip recipient progressing well: Elon Musk

Neuralink's Second Brain Chip Recipient Shows Promising Progress

Elon Musk, the founder of Tesla and SpaceX, has announced that the second recipient of the Neuralink brain chip is showing promising progress. Musk, who is also the founder of Neuralink, expressed optimism about the future of the brain-computer interface company, predicting widespread adoption of its brain chip within the next decade. Aug 23, 2024
Bangladesh Islamist leader's plan of implementing Sharia spells trouble for region

Bangladesh Islamist leader's plan of implementing Sharia spells trouble for region

Fearing Bangladesh could well be the next Pakistan in the making in India's troubled neighbourhood, several scholars and experts on Wednesday severely condemned the recent statements given by Shafiqur Rahman, the radical leader who currently heads Bangladesh Jamaat-e-Islami (BJI), in which he has openly backed implementation of Sharia law in the country. Aug 22, 2024
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