UK inflation is steady at 2.2% ahead of Bank of England’s next rate decision
Inflation in the UK held steady at an annual rate of 2.2% in August, with higher airfares offset by lower fuel costs and restaurant and hotel bills, official figures showed Wednesday. The latest reading from the Office of National Statistics means inflation remains just above the Bank of England’s target of 2%. Last month, the […]
Beverage Industry seeks GST cuts on bottled water, juices, and sodas ahead of key meeting
In yet another push for GST rationalisation from the industry, the Indian Beverage Association (IBA) has approached North Block, urging a re-examination of high tax rates. The ₹60,000 crore industry, representing Indian companies in the non-alcoholic beverage sector such as PepsiCo, Bisleri, Coca-Cola, Campa (Reliance Industries Ltd), Dabur, Tata Group, and others, has separately written […]
RBI MPC: Government appoints three new members ahead of key meeting
Ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting, the government has reconstituted the committee by appointing three new external members. Professor Ram Singh, Director of the Delhi School of Economics; economist Saugata Bhattacharya; and Dr. Nagesh Kumar, Director and Chief Executive of the Institute for Studies in Industrial Development, will […]
New Infobip Research Reveals Shopping Preferences Ahead of the Festive Season
New Delhi, Delhi, India: As the festive season sweeps across India with celebrations like Navaratri, Dussehra, Diwali and Christmas, new research from global communication platform Infobip highlights how different generations want to communicate with businesses and brands. When at least 86% of all generations expect targeted and relevant communications, […]
M&M leads carmakers’ sales rebound ahead of festive season; Tata lags | Auto
2 min read Last Updated : Oct 01 2024 | 6:02 PM IST Mahindra & Mahindra led Indian carmakers’ resurgence in sales in September, after a two-month lull, data showed on Tuesday, as dealers stocked up ahead of the festive season, although Tata Motors suffered as a tax change hurt EV sales. Mahindra, […]
Stocks Week Ahead: All Eyes on NFPs Amid Rising Bets of Another Bold Rate Cut
Stocks Week Ahead: All Eyes on NFPs Amid Rising Bets of Another Bold Rate Cut Source link
Stocks Week Ahead: New Data to Test Fed's Assertion of a Resilient Economy
Stocks Week Ahead: New Data to Test Fed's Assertion of a Resilient Economy Source link
Dubai Future Foundation Issues Special ‘Global 50’ Report on Youth Ahead of UN Summit
Dubai, United Arab Emirates: The Dubai Future Foundation (DFF) has launched a special edition of its ‘Global 50’ report, exploring innovative solutions that empower youth and future generations. Released ahead of the 2024 United Nations’ ‘Summit of the Future’, the ‘Global 50: Future Opportunities’ report complements the […]
US retail sales data to be released today ahead of Federal Reserve’s decision tomorrow
US Federal Reserve meeting outcome LIVE Updates: The Federal Reserve’s FOMC meeting is set to start today, with investors and economists eagerly awaiting the decision on the monetary policy from Fed chair Jerome Powell and team. Powell had emphasised in a speech last month in Jackson Hole that the Fed is prepared to cut rates […]
Crude oil prices stabilise ahead of US Fed interest rate decision | News
2 min read Last Updated : Sep 16 2024 | 6:38 PM IST Oil prices stabilised on Monday as ongoing disruption to US Gulf oil infrastructure balanced persistent demand concerns after a fresh round of Chinese data while investors await news on US interest rates this week. Brent crude futures for November were […]