A man with an umbrella passes by China’s central bank also known as People’s Bank of China, in Beijing. (Picture credit: AP) China’s central bank rolled out major monetary easing measures on Wednesday, slashing a key interest rate and lowering the reserve requirement for banks as the economy reels under the pressure of renewed US…
Fiverr CEO Micha Kaufman issued a stark warning to his employees, asking them to either adapt to artificial intelligence or risk being replaced by it.The message, which has surfaced across media and tech workers, reads more like a dystopian forecast than a standard corporate update. Before the mail went viral internally, Kaufman himself realised the…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Jubilant Ingreva, Adani Total Gas, and Southern Petro are the top stocks to buy today:JUBILANT INGREVA: BUY ABOVE ₹700 | Stop Loss: ₹640 | Target: ₹820Jubilant Ingreva is on the verge…
China’s economy is expected to undergo a major slowdown over the next two years, with GDP growth dipping below 4% as trade tensions intensify and global economic conditions weigh on investment and consumer confidence, a recent report by Moody’s Ratings said.The report projects Beijing’s real GDP growth for 2025 to stand at 3.8% and 3.9%…
PM Modi and Keir Starmer (File photos) NEW DELHI: In a significant boost to bilateral relations, India and the United Kingdom have successfully concluded a Free Trade Agreement (FTA) and a Double Contribution Convention, marking a significant milestone in their strategic partnership.The announcement was made by Prime Minister Narendra Modi following a conversation with his…
Paytm’s parent company One97 Communications reported a reduced consolidated loss of Rs 545 crore for the quarter ending March 31, 2025, helped by lower payment processing charges and employee benefit expenses. The results include a notional, non-cash loss of Rs 522 crore, comprising Rs 492 crore in ESOP expenses and Rs 30 crore in impairments,…
Officials have characterised the UK-India FTA as India’s most extensive agreement. (AI image) India-UK trade deal: Prime Minister Narendra Modi announced on X (formerly Twitter), the ‘historic milestone’ that India and the UK have achieved in concluding a Free Trade Agreement (FTA) between the two countries. The agreement is anticipated to be officially signed when…
The United States recorded its highest trade deficit in March, with the total shortfall expanding by 14.0 percent to $140.5 billion, according to the latest government data released on Tuesday. This marks the largest trade deficit since 1992, reflecting a $17.3 billion increase from February’s revised figure of $123.2 billion. The Commerce Department’s report highlights…
Donald Trump (File photo) Donald Trump deals a blow to Indian films! The proposed 100% tariffs on foreign films by US President Donald Trump presents an unexpected challenge for the Indian film industry, potentially impacting its commercial success and sustainability in a crucial international market, according to industry leaders. Trump’s justification for this measure stems…
The central bank’s income from foreign exchange reserves deployment in FY25 appears higher than the previous year, influenced by sustained elevated US treasury yields throughout several months, based on recent RBI data quoted by the Economic Times.This income, stemming from interest earnings on foreign assets, could contribute to an increase in the central bank’s dividend…
