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Economy News

GDP at 8.4% in Q3FY24: Economists raise some concern on marginal dip in consumption rate

India’s economic growth witnessed significant upswing on the back of good performance by the sectors such as construction, mining & quarrying and manufacturing. “Private and government consumption expenditure was very

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Commodities News

Oil rises 1% as markets await OPEC+ decision

By Robert Harvey LONDON (Reuters) -Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while

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Commodities News

Exxon to adjust trader salaries in latest pay overhaul

(Reuters) -U.S. energy major Exxon Mobil (NYSE:XOM) said on Thursday that trader salaries would be adjusted based on benchmarking and will include performance bonuses at the end of the year and long-term

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Commodities News

Oil inches down as US inflation data, rising OPEC output weigh

By Laila Kearney NEW YORK (Reuters) -Oil prices edged lower on Thursday as U.S. inflation data implied a softening of the world’s biggest economy that could weaken crude demand, with

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Cryptocurrency News

Bitcoin NFTs Cross $100 Million in Monthly Trading Volume on Magic Eden: Report

Bitcoin-based NFTs that gained popularity last year with the rollout of Ordinals. Magic Eden launched a dedicated marketplace for Bitcoin NFTs last year The NFT sector is seemingly making a

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News Stock Market

Asia shares sputter as China returns with low energy

By Wayne Cole SYDNEY (Reuters) -Asian shares struggled to make much ground on Monday as fading chances for early rate cuts globally soured the mood and Chinese markets returned from

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News Stock Market

EU poised to fine Apple about 500 million euros, FT reports

(Reuters) -The European Union is set to fine Apple (NASDAQ:AAPL) about 500 million euros ($539 million) over alleged breaches of EU competition law, the Financial Times reported on Sunday citing

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News Stock Market

Jefferies moves Paytm to “Not rated” while Morgan Stanley sees attractive; Read to know why?

Morgan Stanley sees the company as attractive and has given an “Equal-Weight” rating to the stock. Paytm has been in the news and brokerage firms are taking a relook at

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News Technology

Can a tech giant be woke?

Microsoft, once again a juggernaut thanks to artificial intelligence, wants to be seen as an ethical employer. Is there a catch? The December day in 2021 that set off a

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News Technology

Samsung’s first smart ring to debut at Mobile World Congress 2024: Report

Samsung’s statement on Sunday promised the Galaxy Ring would deliver more personalised and seamless experiences enabled by advancements in artificial intelligence. Samsung is looking to expand its portfolio of health-focused

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