The first few months of the year brought back the specter of rising inflation during a long fight to bring prices back under control. On Wednesday, the first signs of optimism in 2024 arrived.
New data released from the Bureau of Labor Statistics showed prices rose 3.4 percent in April compared with the year before. That’s down a bit from the 3.5 percent notched in March, and the shift follows months of hotter-than-expected reports. Prices rose 0.3 percent compared with the month before.
NEW DELHI (Reuters) – India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February’s budget to provide relief to the middle…
Read more
LONDON (Reuters) -Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, and supported by an industry…
Read more
Kimberly-Clark Expanding Investments in India BENGALURU, India, Dec. 26, 2024 /PRNewswire/ — Kimberly-Clark, a global leader in essential personal and family care products, continues to increase its commitment to India…
Read more
Israel and Hezbollah agreed to a U.S.-brokered 60-day ceasefire that calls for a phased Israeli military pullout after more than a year of war, in keeping with a 2006 U.N….
Read more
At the close in NSE, the Nifty 50 added 0.14%, while the BSE Sensex 30 index added 0.06%. The best performers of the session on the Nifty 50 were Adani…
Read more
Policy support late this year has set China’s economy on track to hit a growth target of “around 5%” as activity warmed slightly, but challenges such as potential U.S. tariff…
Read more