Japan’s central bank on Thursday began its final policy meeting of the year, with markets widely expecting a further increase in benchmark interest rates as officials continue the gradual shift away from years of ultra-loose monetary policy. The decision, scheduled to be announced on Friday, could mark the highest borrowing costs Japan has seen in three decades, underscoring the Bank of Japan’s determination to normalize policy amid persistent inflation pressures. Market pricing

India’s economy recorded a faster pace of expansion in the July–September quarter, with official data showing that gross domestic product rose 8.2% year-on-year. The acceleration reflects a combination of stronger consumer demand, a revival in manufacturing activity, and accelerated production schedules ahead of India’s major festive season. Economists had widely expected the quarter to deliver robust growth, but the latest figure surpassed the projected 7.3% expansion for the period, e

TikTok, the popular social media platform owned by Chinese tech company ByteDance, has come under major regulatory fire in Europe. Ireland’s Data Protection Commission (DPC), which oversees privacy enforcement for TikTok within the European Union, has imposed a substantial fine of €530 million ($601.3 million) for transferring personal data of European users to China in violation of the EU’s strict General Data Protection Regulation (GDPR). This ruling marks on

  Where you live in the United States can still strongly determine how long you live, according to a comprehensive study by researchers at Yale. Despite remarkable medical and technological advances over the last century, several U.S. states, particularly in the South, have seen almost no progress in life expectancy—especially among women. This revelation comes from an extensive analysis of death data from 179 million people born between 1900 and 2000, shedding light on how geo

If Texas were an independent nation, its economy would rank as the eighth-largest in the world, surpassing economic giants like Russia, Canada, and Italy. With a nominal gross domestic product (GDP) of $2.7 trillion, Texas sits just behind the overall United States, China, Germany, and Japan when measured against global economies. Among U.S. states, Texas ranks second only to California and accounts for an impressive 9% of the total U.S. GDP. According to recent data compiled by the Internati

The murder of former Andhra Pradesh minister YS Vivekananda Reddy continues to make headlines as yet another person associated with the case has died under questionable circumstances. This time, it is Ranganna, who was serving as a house watchman at the time of the murder. His passing adds to a growing list of individuals connected to the case who have met untimely and suspicious deaths, further intensifying speculation and concern surrounding the ongoing investigation.The case, which has bee

The American Civil War, which began in 1861, was a defining moment in the history of the United States. Following increasing tensions over slavery and political divisions, 11 southern states broke away from the Union to form the Confederate States of America (CSA). The secession marked a pivotal moment in American history, mirroring the disintegration of the Soviet Union 130 years later in 1991. The conflict stemmed largely from disagreements over the future of slavery, with souther

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

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

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,

The Supreme Court of India has reprimanded the National Capital Region (NCR) states, including Delhi, Haryana, Uttar Pradesh, and Rajasthan, for failing to pay compensation to construction workers after air pollution led to a halt in construction activities. The court emphasized that action only begins when it summons top officers and demanded proof of payments made to the workers. Despite its orders, none of the states had shown evidence of compensation. The court has now asked the

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

Donald Trump is on track to make history as the first Republican in two decades to win the popular vote in a U.S. presidential election. His victories in key swing states like North Carolina and Georgia have solidified his path to the presidency, narrowing Vice President Kamala Harris's chances of reaching the White House. If confirmed, Trump would become the first Republican since George W. Bush in 2004 to win the popular vote, marking a significant milestone in American politics.

As Election Day approaches, Vice-President Kamala Harris and former President Donald Trump are locked in a tight race, with more than 78 million American voters already casting their ballots. Both candidates have been crisscrossing the seven battleground states, delivering their closing remarks in a bid to secure crucial electoral college votes. In the national polls, Harris holds a slight lead over Trump, with a 0.9 percentage point advantage in the weighted average compiled by Fiv

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