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Economy

Why Are More Than 30,000 Boeing Factory Workers Going On Strike?

13 Sep 2024 15:03 PM IST

Over 30,000 factory workers at the US plane manufacturer Boeing have stopped working, causing production of the 737 Max to come to a halt. The International Association of Machinists and Aerospace Workers (IAM) saw 96% of its members vote in favor of striking, with almost 95% rejecting the proposal.

Why Has European Central Bank Cut Interest Rates For One More Time?

12 Sep 2024 20:16 PM IST

With inflation easing, the European Central Bank reduced interest rates on Thursday to support sluggish growth by lowering borrowing costs for companies and homebuyers. The U.S. Federal Reserve is likely to follow soon.

Will GST Council Lower Tax Rates On Health And Life Insurance Premiums?

09 Sep 2024 19:19 PM IST

In its 54th meeting held on Monday, the GST Council reached a broad consensus on the need to reduce the Goods and Services Tax (GST) rate on health and life insurance premiums, which is currently set at 18%.

Wockhardt Denies Carol Info Rent Payment Allegations

07 Sep 2024 17:41 PM IST

"In this regard, we categorically deny these allegations and state that these allegations are completely baseless and misleading," Wockhardt said in a regulatory filing late Friday.

China FX Reserves RiseTo Highest Level Since 2015 In August

07 Sep 2024 16:42 PM IST

China's foreign exchange reserves rose to the highest level in more than 8-1/2 years in August, largely to a broadly weaker US dollar.

Sensex Suffers 1,000-Point Loss On Foreign Portfolio Investor Sell-Off And Global Weakness

06 Sep 2024 21:19 PM IST

Indian stock indices took a sharp hit Friday, the last trading day of the current week, with all sectoral indices closing deep in the red. The sell-off was broad-based, with the banking and energy sectors taking the biggest hit.

Exports From India-Based SellersTo Cross $5Billion in 2024, says Amazon

05 Sep 2024 19:51 PM IST

Amazon Inc is set to escalate its exports of small-ticket items from India to an impressive $5 billion this year, up from nearly $3 billion in 2023.

Bitcoin Exchange Reserves DropTo Their Lowest Level Since 2018

05 Sep 2024 14:24 PM IST

In the past week, over $1 billion worth of Bitcoin has been withdrawn from centralized exchanges. This large-scale withdrawal has been interpreted by the crypto community ,as a positive sign for the market.

US Growth Slowdown Concerns Hit Indian Shares

04 Sep 2024 20:19 PM IST

Asian shares and global stock futures tumbled, led by a heavy decline in technology names and as worries about the global growth.

Godfrey Phillips’ Share Price Declines Amid Sale of Retail Business

04 Sep 2024 10:32 AM IST

Godfrey Phillips India Ltd. saw its share price drop by over two percent in the morning session, following reports that the company has finalized the sale of its retail business.

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Economy

Why Are More Than 30,000 Boeing Factory Workers Going On Strike?

Why Has European Central Bank Cut Interest Rates For One More Time?

Will GST Council Lower Tax Rates On Health And Life Insurance Premiums?

Wockhardt Denies Carol Info Rent Payment Allegations

China FX Reserves RiseTo Highest Level Since 2015 In August

Sensex Suffers 1,000-Point Loss On Foreign Portfolio Investor Sell-Off And Global Weakness

Exports From India-Based SellersTo Cross $5Billion in 2024, says Amazon

Bitcoin Exchange Reserves DropTo Their Lowest Level Since 2018

US Growth Slowdown Concerns Hit Indian Shares

Godfrey Phillips’ Share Price Declines Amid Sale of Retail Business

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