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TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
bloomberg.com/news/articles/2024-04-18/yuan-usage-extends-global-climb-as-euro-share-slips-swift-says
A $9.5 Trillion ESG Investor Group Wants Private Market Reforms: Global ESG investors with $9.5 trillion under management say it’s time to demand more ...
bloomberg.com/news/articles/2024-04-18/a-9-5-trillion-esg-investor-group-wants-private-market-reforms
Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits: Former Treasury Secretary Larry Summers warned Wednesday that a second Trump ...
thehill.com/homenews/campaign/4601150-summers-trump-term-inflationary-spiral/
Ayala’s ACEN to Spend $15 Billion to Quadruple Power Capacity: ACEN Corp., the energy unit of Philippine conglomerate Ayala Corp., expects to spend $15 billion ...
bloomberg.com/news/articles/2024-04-18/ayala-s-acen-to-spend-15-billion-to-quadruple-power-capacity
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Malaysia’s RHB Bank Doubles Green Loans Target to $10 Billion: RHB Bank Bhd. more than doubled its green loans target to 50 billion ringgit ($10 ...
bloomberg.com/news/articles/2024-04-18/malaysia-s-rhb-bank-doubles-green-loans-target-to-10-billion
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EU to Discuss Paradigm Shift at Competitiveness Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
bloomberg.com/news/newsletters/2024-04-18/eu-to-discuss-paradigm-shift-at-competitiveness-summit
BOE Governor Expects Sharp Drop in UK Inflation Next Month: Bank of England Governor Andrew Bailey expects a sharp drop in Britain’s inflation rate next month ...
bloomberg.com/news/articles/2024-04-17/boe-governor-expects-sharp-drop-in-uk-inflation-next-month
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Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
Banxico’s Espinosa Says It’s Too Soon for a Long Easing Cycle: Mexico central bank Deputy Governor Irene Espinosa on Wednesday said it’s too soon to talk about a ...
bloomberg.com/news/articles/2024-04-17/banxico-s-espinosa-says-it-s-too-soon-for-a-long-easing-cycle
India election 2024: Hindu nationalism is mainstream thanks to 10 years of PM Modi
apnews.com/article/india-election-narendra-modi-hindu-nationalism-rss-79c30c8ae750a9c037d86b9e2c1b640c
Dynacons Systems zooms 39% on Rs 233-crore order win from Nabard: Average trading volumes on the counter jumped over five-fold today with a combined 741 ...
business-standard.com/markets/news/dynacons-systems-zooms-39-on-rs-233-crore-order-win-from-nabard-124041800259_1.html
It's a Wilder Stock Market Now. Don't Panic.: Investors should prepare for more stock market choppiness ahead amid the Iran-Israel conflict ...
on.barrons.com/3JomNl6
Quick Glance: S&P 500: Potential Downside Risk with Nasdaq 100 in Peril (Technical Analysis)
- The S&P 500 may be facing potential downside risk, with a deep decline possibly unfolding in stages, with the Nasdaq 100 potentially being the last to be affected.
- In the era of 'buying the dip,' there is a chance that a decline could occur gradually or swiftly, or it could even be a false alarm.
- As a risk manager, it is more important to assess the risks of different market segments and position accordingly, rather than speculate on market movements.
- The primary goal is to avoid being affected by market-changing sell-offs, and adjusting the portfolio to address the current market risks is crucial.
Lindner Says Germany Should Avoid Copying US IRA as It Doesn’t Reduce Inflation: German Finance Minister Christian Lindner warned his coalition partners against ...
bloomberg.com/news/articles/2024-04-17/german-finance-chief-lectures-us-on-spending-at-washington-event
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Analysts recommend buying these Oil & Gas stocks; see upside of up to 21%: Shares of oil marketing companies such as HPCL, BPCL and IOCL have corrected 9-18 per ...
business-standard.com/markets/news/analysts-recommend-buying-these-oil-gas-stocks-see-upside-of-up-to-21-124041800562_1.html
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Demat accounts hit new high, touch 15 crore in March 2024: Total number of demat accounts jumped to 15.1 crore in March 2024, with new account additions surging ...
business-standard.com/finance/personal-finance/demat-accounts-hit-new-high-touch-15-crore-in-march-2024-124041800326_1.html
Gandhi v Modi: crunch time for Congress as India prepares to vote: The Economist joins the most prominent opposition politician on the campaign trail
economist.com/asia/2024/04/16/gandhi-v-modi-crunch-time-for-congress-as-india-prepares-to-vote
Senators Propose New Bill Banning Algorithmic Stablecoins: Two senators — one Republican, one Democrat — are proposing a measure to regulate stablecoins amid a ...
bloomberg.com/news/articles/2024-04-17/senators-tout-new-stablecoin-bill-as-broader-banking-deal-eyed
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ABB shares hit record high after Swiss engineering group's confident start to 2024
reuters.com/markets/europe/abb-beats-forecasts-with-first-quarter-earnings-2024-04-18/
Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows: A trove of anecdotes on the economy gathered by the Federal Reserve over five decades may hold ...
bloomberg.com/news/articles/2024-04-17/fed-s-beige-book-holds-clues-to-predicting-downturn-study-shows
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Bulls to dance on D-street despite recent rise in geopolitical tensions: Here are 10 stocks, covered by at least 10 brokerages, which are most likely to zoom ...
business-standard.com/markets/news/brokerages-top-picks-for-the-next-one-year-124041700649_1.html
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Govt notifies specifications of Iffco's 'Nano Urea Plus' fertiliser: The government has notified specifications of a new product 'Nano Urea Plus' fertiliser to ...
business-standard.com/industry/agriculture/govt-notifies-specifications-of-iffco-s-nano-urea-plus-fertiliser-124041700395_1.html
Swiss Parliament Rejects Joining Russia Sanctions Task Force: Switzerland’s parliament rejected a proposal for the government to join a US-led sanctions task ...
bloomberg.com/news/articles/2024-04-17/swiss-parliament-rejects-joining-russia-sanctions-task-force
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India develops indigenous bullet train, targets over 250 km/h speeds: The indigenous bullet train will outpace the speed of any existing trains within the Indian ...
business-standard.com/india-news/india-develops-indigenous-bullet-train-targets-over-250-km-h-speeds-124041700219_1.html
Foreigner Investors Set to End Emerging Asia Stock-Buying Streak: Global funds are retreating from emerging markets in Asia, with a five-month buying spree of ...
bloomberg.com/news/articles/2024-04-17/foreigner-investors-set-to-end-emerging-asia-stock-buying-streak
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Investors betting on longer-duration debt funds need to be patient: Experts say while rate cuts remain on the table, their start is likely to be delayed
business-standard.com/finance/personal-finance/investors-betting-on-longer-duration-debt-funds-need-to-be-patient-124041700831_1.html
PhonePe, Google Pay creating a duopoly in India's UPI space? NPCI to check: Google Pay and PhonePe, together account for 86% of UPI transactions by volume in ...
business-standard.com/finance/personal-finance/phonepe-google-pay-creating-a-duopoly-in-india-s-upi-space-npci-to-check-124041700314_1.html
Women in tech workforce in GCCs to rise to 35% by 2027: TeamLease report: The TeamLease report highlights a significant gender disparity, with an estimated 2 ...
business-standard.com/industry/news/women-in-tech-workforce-in-gccs-to-rise-to-35-by-2027-teamlease-report-124041700448_1.html
Modest rise in net SIP inflows in FY24 owing to jump in redemptions by 54%: Net SIP inflows rise 4.9% even as gross collections rise 28%
business-standard.com/markets/news/modest-rise-in-net-sip-inflows-in-fy24-owing-to-jump-in-redemptions-by-54-124041700626_1.html
IMF raises India's GDP growth forecast by 30 bps to 6.8% for FY25: Also sees world economy growing faster at 3.2% in 2024
business-standard.com/economy/news/imf-ups-india-s-gdp-forecast-for-fy25-to-6-8-per-cent-124041600941_1.html
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
US Bank Earnings: Traders Beat Estimates as Net Interest Income Slumps: Wall Street’s traders are picking up the slack as income from lending slumps across the ...
bloomberg.com/news/articles/2024-04-16/big-us-banks-surprise-trading-haul-blunts-lending-income-slump
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Netflix subscriber growth in focus as password-sharing crackdown gains fade: Netflix is expected to add 5 million subscribers in the first quarter ended March ...
business-standard.com/world-news/netflix-subscriber-growth-in-focus-as-password-sharing-crackdown-gains-fade-124041700592_1.html
ECB Will Need to Make More Cuts This Year and Next After June, Villeroy Says: The European Central Bank will need to make further reductions to interest rates ...
bloomberg.com/news/articles/2024-04-16/ecb-to-cut-more-this-year-and-next-after-june-villeroy-says
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New SDG guidelines likely to empower impact investors, says JPMorgan: The UN SDGs comprise 17 goals that span everything from the eradication of poverty to ...
business-standard.com/world-news/new-sdg-guidelines-likely-to-empower-impact-investors-says-jpmorgan-124041700619_1.html
WB President Ajay Banga, actor Alia Bhatt, Olympian Sakshi Malik on Time's 100 most influential people list
deccanherald.com/india/wrestler-sakshi-malik-listed-among-100-most-influential-people-by-time-magazine-2982547
WTO Chief Warns of ‘Free for All’ Under Trump’s Plan to Raise Tariffs: Former President Donald Trump’s plan to raise tariffs on US imports would spark a “free ...
bloomberg.com/news/articles/2024-04-16/wto-chief-warns-of-free-for-all-under-trump-s-tariff-hike-plan
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Oil Traders Wager on $250 Price by June as War Risk Escalates: Oil traders piled into more than 3 million barrels worth of options contracts in a bet that prices ...
trib.al/ckNH2nm
IMF Steps Up Its Warning to US Over Ballooning Debt
bloomberg.com/news/articles/2024-04-16/imf-steps-up-its-warning-to-us-over-ballooning-debt
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Iran-Israel Tension | India could slip on high oil prices
deccanherald.com/opinion/iran-israel-tension-india-could-slip-on-high-oil-prices-2983550
Gandhi v Modi: crunch time for Congress as India prepares to vote: The Economist joins the most prominent opposition politician on the campaign trail
economist.com/asia/2024/04/16/gandhi-v-modi-crunch-time-for-congress-as-india-prepares-to-vote
Tesla's Musk likely to unveil $2-$3 bln India investment during visit, sources say
reuters.com/business/autos-transportation/teslas-musk-likely-unveil-2-3-bln-india-investment-during-visit-sources-say-2024-04-17/
The Hot Peace Between China and India: Despite flashes of actual conflict along their border, and New Delhi’s increased outreach to the West ...
thediplomat.com/2024/04/the-hot-peace-between-china-and-india/
Tata, Reliance, DMart in talks to acquire 24Seven from Godfrey Phillips: 24Seven: Godfrey Phillips India had on April 12 announced its plan to sell the ...
business-standard.com/companies/news/tata-reliance-in-talks-to-acquire-24seven-stores-from-godfrey-phillips-124041700111_1.html
Liechtenstein Is Joining the International Monetary Fund: Liechtenstein, the world’s second-richest country, is set to become the newest member of the ...
bloomberg.com/news/articles/2024-04-16/centuries-old-principality-set-to-become-imf-s-youngest-member
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JPY/USD: Brief Yen Surge Shows Traders Highly Sensitive to Japanese Intervention: The yen’s sudden surge in value Tuesday was the likely result of traders ...
bloomberg.com/news/articles/2024-04-16/brief-yen-surge-shows-traders-highly-sensitive-to-intervention
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India elections set to kick off: 5 things to know: NEW DELHI -- India, the world's most populous country and largest democracy, kicks off its weekslong ...
asia.nikkei.com/Politics/India-election/India-elections-set-to-kick-off-5-things-to-know
New govt may kick off pesticide, seed reforms in agriculture sector: The industry wants reforms in the Central Insecticides Laboratory (CIL) as well to cut down ...
business-standard.com/economy/news/govt-might-look-at-reforming-agri-inputs-administration-in-next-tenure-124041700690_1.html
US Two-Year Yield Climbs Past 5% to Highest Level Since November - Bloomberg: The US two-year yield rose past 5% to the highest level since November after ...
bloomberg.com/news/articles/2024-04-16/us-two-year-yield-climbs-past-5-to-highest-level-since-november
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EU Aims for New Iran Sanctions Over Israel Strike in Coming Days: The European Union aims to propose fresh sanctions on Iran over its strike on Israel as early ...
bloomberg.com/news/articles/2024-04-16/eu-aims-for-new-iran-sanctions-over-israel-strike-in-coming-days
Dubai Mansion Sales Soar as Wealthy Flock to Palm-Shaped Island: Sales of homes with a price tag of $10 million or more climbed 19% in Dubai during the first ...
bloomberg.com/news/articles/2024-04-16/dubai-mansion-sales-soar-as-wealthy-flock-to-palm-shaped-island
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Rajasthan enters fray to attract Tesla India plant ahead of Musk's visit: Preliminary talks on with automaker; proximity to NCR seen as an advantage
business-standard.com/companies/news/rajasthan-govt-queues-up-to-court-tesla-to-offer-customised-sops-124041601126_1.html
Telegram platform to hit 1 billion active users within a year, says founder: One of Telegram's main rivals, Meta Platforms' WhatsApp, has more than 2 billion ...
business-standard.com/world-news/telegram-platform-to-hit-1-billion-active-users-within-a-year-says-founder-124041700185_1.html
Realtors in expansion mode amid rising consumption, income levels: Study: India's real estate sector is set to reach $1.5 trillion by 2034, accounting for 10 ...
business-standard.com/industry/news/realtors-in-expansion-mode-amid-rising-consumption-income-levels-study-124041700537_1.html
Lok Sabha polls: Here's why voting lasts six weeks in general elections: India's eligible voters, at 968.6 million, number more than twice the European Union's ...
business-standard.com/elections/lok-sabha-election/lok-sabha-polls-here-s-why-voting-lasts-six-weeks-in-general-elections-124041700263_1.html
Nothing Ear and Ear a launch at 3:30pm: Where to watch live, what to expect: Nothing is set to launch the Ear and Ear (a) wireless earphones on April 18 during ...
business-standard.com/technology/tech-news/nothing-ear-and-ear-a-launch-at-3-30pm-where-to-watch-live-what-to-expect-124041800240_1.html
Stock market to remain closed today: BSE, NSE to remain shut on Ram Navami: The Multi Commodity Exchange of India Limited (MCX) and Commodity Derivative Segment ...
business-standard.com/markets/stock-market-news/stock-market-to-remain-closed-today-bse-nse-to-remain-shut-on-ram-navami-124041700060_1.html
Samsung eyes Rs 10,000 crore from India TV biz this year: Samsung has been leading the overall TV market in India for the past five years, as per data from Omdia ...
financialexpress.com/business/industry-samsung-eyes-rs-10000-crore-from-india-tv-biz-this-year-3460277/
April sees 7% rise in petrol use, diesel sales fall 9.5% as summers start: India's petrol consumption soared 7 per cent in the first half of April but diesel ...
business-standard.com/industry/news/april-sees-7-rise-in-petrol-use-diesel-sales-fall-9-5-as-summers-start-124041600628_1.html
United States backs Elon Musk's call for permanent UNSC seat for India : In a press conference, United States State Department Principal Deputy Spokesperson ...
wionews.com/india-news/united-states-backs-elon-musks-call-for-permanent-unsc-seat-for-india-712445
India targets debris-free space missions by 2030: Isro chief Somanath: ISRO Chairman S Somanath on Tuesday announced that India aims to achieve debris-free space ...
business-standard.com/india-news/india-targets-debris-free-space-missions-by-2030-isro-chief-somanath-124041600863_1.html
IPL 2024: Why is Jake Fraser-McGurk a blessing in disguise for Capitals?: Jake Fraser-McGurk: The 22-year-old tearaway Australian hitter was not even in the ...
business-standard.com/cricket/ipl/ipl-2024-why-is-jake-fraser-mcgurk-a-blessing-in-disguise-for-capitals-124041601117_1.html
Data protection law needs clarity on risk threshold for breaches: Group: BSA, which represents the global software industry, wants companies to get at least 72 ...
business-standard.com/industry/news/need-clarity-on-risk-threshold-for-data-breaches-in-dpdp-rules-bsa-124041700702_1.html
Mixed views on Indian Prime Minister Narendra Modi’s decade of leadership ahead of general elections
channelnewsasia.com/asia/narendra-modi-india-10-years-general-elections-campaign-bjp-4271916
Namma Yatri drives into Bengaluru with zero commission cab service: Namma Yatri already has 25,000 cab drivers and aims to onboard over one lakh drivers in the ...
business-standard.com/technology/apps/namma-yatri-launches-zero-commission-cab-service-in-bengaluru-124041601064_1.html
‘Elon Musk will bring new space revolution in India and boost EV industry,' lauds, DG Indian Space Association | Mint
livemint.com/technology/tech-news/elon-musk-will-bring-new-space-revolution-in-india-and-boost-ev-industry-lauds-dg-indian-space-association-11713348513569.html
T20 World Cup | BCCI meeting over Hardik Pandya’s selection; here’s what Rohit, Dravid, Agarkar decided: Report | Mint
livemint.com/sports/cricket-news/t20-world-cup-bcci-meeting-over-hardik-pandya-s-selection-here-s-what-rohit-dravid-agarkar-decided-report-11713335511644.html
India fastest growing economy during last 3 financial years: Sitharaman: Jaipur, Apr 16 (PTI) Union Finance Minister Nirmala Sitharaman said here on Tuesday that ...
deccanherald.com/india/india-fastest-growing-economy-during-last-3-financial-years-sitharaman-2980585
Brigade Enterprises posts record sale bookings of Rs 6,013 cr last fiscal: Realty firm Brigade Enterprises Ltd on Tuesday reported a 46 per cent annual increase ...
mybs.in/2dV6eFM
Apple's iPhone exports from India almost doubled to $12.1 bn: Report: Apple's iPhone exports from India almost doubled to USD 12.1 billion in 2023-24 from USD 6 ...
business-standard.com/industry/news/apple-s-iphone-exports-from-india-almost-doubled-to-12-1-bn-report-124041600862_1.html
Google announces mass layoffs and overseas relocations: Google announces more layoffs in its quest to become ‘more efficient and work better’
sfchronicle.com/tech/article/google-tech-layoffs-19408713.php
Rising middle class fueling India's consumption boom : For long, China has been the world's biggest consumer market. But that could change soon as ...
wionews.com/videos/rising-middle-class-fueling-indias-consumption-boom-712127
On Himalayan hillsides grows Japan’s cold, hard cash: One of the poorest pockets of Asia supplies a primary ingredient for the economy in one of the richest.
nytimes.com/2024/04/15/world/asia/nepal-japan-yen-argeli.html
Quick Glance: Japanese Currency Cultivated from Himalayan Shrubs
- A shrub in Nepal supplies material for Asia's financial system.
- Argeli plant in Nepal was commonly used for firewood or fencing before Japan's currency involvement.
- Japan prints money on unique paper, not locally available, to meet the demand for fresh yen notes, benefiting Mr. Sherpa and neighbors.
X blocks posts ahead of India election after takedown orders: Social media platform X has blocked several posts in India containing political speech after ...
english.alarabiya.net/News/world/2024/04/17/x-blocks-posts-ahead-of-india-election-after-takedown-orders-
Musk's satellite venture Starlink may still take time to enter India orbit: The telecom dept hasn't issued a global mobile personal communication licence to ...
business-standard.com/industry/news/musk-s-satellite-venture-starlink-may-still-take-time-to-enter-india-orbit-124041601289_1.html
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Musk Expected to Meet With Space Startups During India Visit: Elon Musk is expected to meet with Indian space companies when he visits the South Asian country ...
bloomberg.com/news/articles/2024-04-16/musk-expected-to-meet-with-space-startups-during-india-visit
How to change your address on voter identity card: Know complete process: Voter ID card Address Change: It is crucial to update your voter card in case you ...
business-standard.com/finance/personal-finance/how-to-change-your-address-on-voter-identity-card-know-complete-process-124041600727_1.html
Why has India allowed FIIs to invest in its green bonds? | Explained: The Hindu explains why India has allowed foreign investors to trade in green bonds
thehindu.com/business/Economy/why-has-india-allowed-fiis-to-invest-in-its-green-bonds-explained/article68073170.ece
Why the Dollar Is Causing Chaos in Emerging Markets: QuickTake: Emerging-market currencies have tumbled this year as the dollar has gone from strength to ...
bloomberg.com/news/articles/2024-04-16/why-the-dollar-is-causing-chaos-in-emerging-markets-quicktake
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Hewlett Packard Enterprise starts deployment of Made-in-India servers: In July last year, HPE revealed its make in India plans in partnership with VVDN ...
business-standard.com/companies/news/hewlett-packard-starts-large-scale-deployment-of-made-in-india-servers-124041600800_1.html
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