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TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25. Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go

Business

10 Jan 2025 11:34 AM

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25. Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go

Business

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Finance Minister’s View on GDP Growth: In a recent statement, Finance Minister Nirmala Sitharaman addressed the lower-than-expected growth in India’s GDP for the September quarter, calling it a "temporary blip." She emphasized her confidence that India’s economy will regain strong growth in the upcoming quarters. Despite the slowdown in the second quarter, she highligh

Finance & Economics

17 Dec 2024 10:46 AM

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Finance Minister’s View on GDP Growth: In a recent statement, Finance Minister Nirmala Sitharaman addressed the lower-than-expected growth in India’s GDP for the September quarter, calling it a "temporary blip." She emphasized her confidence that India’s economy will regain strong growth in the upcoming quarters. Despite the slowdown in the second quarter, she highligh

Finance & Economics

Opposition Moves No-Confidence Motion Against Rajya Sabha Chairperson Dhankhar

On Tuesday, the Congress-led INDIA opposition bloc moved a no-confidence motion against Rajya Sabha Chairperson Jagdeep Dhankhar, accusing him of biased functioning of the House. The motion, supported by over 50 MPs from Congress, Trinamool Congress, Aam Aadmi Party, Samajwadi Party, Dravida Munnetra Kazhagam, and the Rashtriya Janata Dal, was submitted to the Rajya Sabha Secretariat. While the motion’s chances of success seem slim, with sources in Trinamool suggesting that th

Political News

10 Dec 2024 04:14 AM

Opposition Moves No-Confidence Motion Against Rajya Sabha Chairperson Dhankhar

On Tuesday, the Congress-led INDIA opposition bloc moved a no-confidence motion against Rajya Sabha Chairperson Jagdeep Dhankhar, accusing him of biased functioning of the House. The motion, supported by over 50 MPs from Congress, Trinamool Congress, Aam Aadmi Party, Samajwadi Party, Dravida Munnetra Kazhagam, and the Rashtriya Janata Dal, was submitted to the Rajya Sabha Secretariat. While the motion’s chances of success seem slim, with sources in Trinamool suggesting that th

Political News

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

On Friday, the Reserve Bank of India (RBI) announced it would keep the repo rate unchanged at 6.5% for the 11th consecutive time. This decision comes despite the GDP growth rate for the July-September quarter falling to a 7-quarter low of 5.4%, which was below the RBI's earlier projection of 7%. The RBI paused its rate hike cycle in April last year after raising rates by 250 basis points since May 2022. In the fifth bi-monthly monetary policy review for the current fiscal year,

Finance & Economics

06 Dec 2024 04:02 AM

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

On Friday, the Reserve Bank of India (RBI) announced it would keep the repo rate unchanged at 6.5% for the 11th consecutive time. This decision comes despite the GDP growth rate for the July-September quarter falling to a 7-quarter low of 5.4%, which was below the RBI's earlier projection of 7%. The RBI paused its rate hike cycle in April last year after raising rates by 250 basis points since May 2022. In the fifth bi-monthly monetary policy review for the current fiscal year,

Finance & Economics

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

02 Dec 2024 10:09 AM

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

Dhankhar Stresses Adherence to Rajya Sabha Rules

Rajya Sabha Chairman and Vice President Jagdeep Dhankhar recently made a strong statement about the importance of following parliamentary rules, declaring that any deviation is akin to sacrilege against the "temple of democracy." During a session on Thursday, he responded to Congress MP Jairam Ramesh’s question about how to "persuade the chair" by emphasizing that the chair is historically persuaded by members' adherence to the rules. Dhankhar stressed

Political News

29 Nov 2024 02:12 AM

Dhankhar Stresses Adherence to Rajya Sabha Rules

Rajya Sabha Chairman and Vice President Jagdeep Dhankhar recently made a strong statement about the importance of following parliamentary rules, declaring that any deviation is akin to sacrilege against the "temple of democracy." During a session on Thursday, he responded to Congress MP Jairam Ramesh’s question about how to "persuade the chair" by emphasizing that the chair is historically persuaded by members' adherence to the rules. Dhankhar stressed

Political News

Restaurants That Are Open and Closed on Thanksgiving Day

Restaurants Open on Thanksgiving Day in the USA Thanksgiving is a time for gratitude, family, and delicious meals. However, not everyone enjoys the hustle of cooking an elaborate dinner. For those who prefer dining out or ordering in, many restaurants across the United States remain open to serve you. Here’s a list of popular options to consider for your Thanksgiving meal. Cracker Barrel Cracker Barrel is a favorite for i

Food & Beverages

28 Nov 2024 08:07 AM

Restaurants That Are Open and Closed on Thanksgiving Day

Restaurants Open on Thanksgiving Day in the USA Thanksgiving is a time for gratitude, family, and delicious meals. However, not everyone enjoys the hustle of cooking an elaborate dinner. For those who prefer dining out or ordering in, many restaurants across the United States remain open to serve you. Here’s a list of popular options to consider for your Thanksgiving meal. Cracker Barrel Cracker Barrel is a favorite for i

Food & Beverages

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

The Reserve Bank of India (RBI) has reduced its GDP growth forecast for India to 6.8% for the second quarter of fiscal 2024-25, a decrease of 20 basis points. In its October bulletin titled "State of the Economy," the RBI attributed this revision to a slackening momentum observed in some high-frequency indicators, which were partially impacted by unusual heavy rainfall in August and September. This latest forecast is lower than the previous projection of 7% made by RBI Gov

Finance & Economics

21 Oct 2024 18:29 PM

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

The Reserve Bank of India (RBI) has reduced its GDP growth forecast for India to 6.8% for the second quarter of fiscal 2024-25, a decrease of 20 basis points. In its October bulletin titled "State of the Economy," the RBI attributed this revision to a slackening momentum observed in some high-frequency indicators, which were partially impacted by unusual heavy rainfall in August and September. This latest forecast is lower than the previous projection of 7% made by RBI Gov

Finance & Economics

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TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Opposition Moves No-Confidence Motion Against Rajya Sabha Chairperson Dhankhar

Opposition Moves No-Confidence Motion Against Rajya Sabha Chairperson Dhankhar

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

Dhankhar Stresses Adherence to Rajya Sabha Rules

Dhankhar Stresses Adherence to Rajya Sabha Rules

Restaurants That Are Open and Closed on Thanksgiving Day

Restaurants That Are Open and Closed on Thanksgiving Day

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

Top 10 Must-Have Fashion Essentials for Stylish Kids

Yashasvi Jaiswal Reunites with Mitchell Starc After Viral 'Slow' Sledge During Border-Gavaskar

North Texas town cancels Taste Addison, explores smaller events

Dallas train and vehicle crash causes delays and reroutes for commuters

Federal Write-In Absentee Ballot: 2026 Guide for Overseas Voters

Two Chinese nationals arrested for smuggling crop-destroying fungus into the United States

Wrongful Handcuffing Case: Bombay HC Directs State To Pay ₹50K Each

Fixed vs Floating Home Loan Interest Rates: Which One Should You Choose?

Kenya plane crash kills 12 near Kwale County as aircraft bursts into flames

Bypoll Results 2025: BJP Leads in Gujarat, AAP in Punjab

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Top 10 Must-Have Fashion Essentials for Stylish Kids

Yashasvi Jaiswal Reunites with Mitchell Starc After Viral 'Slow' Sledge During Border-Gavaskar

North Texas town cancels Taste Addison, explores smaller events

Dallas train and vehicle crash causes delays and reroutes for commuters

Federal Write-In Absentee Ballot: 2026 Guide for Overseas Voters

Two Chinese nationals arrested for smuggling crop-destroying fungus into the United States

Wrongful Handcuffing Case: Bombay HC Directs State To Pay ₹50K Each

Fixed vs Floating Home Loan Interest Rates: Which One Should You Choose?

Kenya plane crash kills 12 near Kwale County as aircraft bursts into flames

Bypoll Results 2025: BJP Leads in Gujarat, AAP in Punjab

#gd

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Sitharaman Calls GDP Dip a Temporary Blip, Sees Strong Growth Ahead

Opposition Moves No-Confidence Motion Against Rajya Sabha Chairperson Dhankhar

Opposition Moves No-Confidence Motion Against Rajya Sabha Chairperson Dhankhar

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

RBI Keeps Rates Unchanged, Lowers GDP Growth Forecast

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

Dhankhar Stresses Adherence to Rajya Sabha Rules

Dhankhar Stresses Adherence to Rajya Sabha Rules

Restaurants That Are Open and Closed on Thanksgiving Day

Restaurants That Are Open and Closed on Thanksgiving Day

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

Top 10 Must-Have Fashion Essentials for Stylish Kids

Yashasvi Jaiswal Reunites with Mitchell Starc After Viral 'Slow' Sledge During Border-Gavaskar

North Texas town cancels Taste Addison, explores smaller events

Dallas train and vehicle crash causes delays and reroutes for commuters

Federal Write-In Absentee Ballot: 2026 Guide for Overseas Voters

Two Chinese nationals arrested for smuggling crop-destroying fungus into the United States

Wrongful Handcuffing Case: Bombay HC Directs State To Pay ₹50K Each

Fixed vs Floating Home Loan Interest Rates: Which One Should You Choose?

Kenya plane crash kills 12 near Kwale County as aircraft bursts into flames

Bypoll Results 2025: BJP Leads in Gujarat, AAP in Punjab

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