Posts in category Economic Times
Fed’s Waller calls for “more caution” on rate cuts (15-10-2024)
Federal Reserve Governor Christopher Waller calls for a more cautious approach to interest-rate cuts, citing recent economic data showing strong U.S. economy and labor market. Waller highlights the importance of gradual rate reductions while monitoring inflation, labor market, and economic activity data. He anticipates job growth moderation and potentially maintaining historically low unemployment rates.
Fed’s Waller calls for “more caution” on rate cuts (15-10-2024)
Federal Reserve Governor Christopher Waller calls for a more cautious approach to interest-rate cuts, citing recent economic data showing strong U.S. economy and labor market. Waller highlights the importance of gradual rate reductions while monitoring inflation, labor market, and economic activity data. He anticipates job growth moderation and potentially maintaining historically low unemployment rates.
Central banks remain keen buyers of gold, representatives tell bullion conference (15-10-2024)
Central banks continue to value gold for diversifying reserves, despite price rallies and a slowdown in Chinese purchases. The Czech Republic, Mongolia, and Mexico affirm gold’s significance for stability and diversification, storing mainly in London, with Mongolia considering some repatriation.
Nvidia notches record close, could unseat Apple as most valuable company (15-10-2024)
In June, Nvidia briefly became the world’s most valuable company. It was overtaken by Microsoft, and the tech trio’s market capitalizations have been neck-and-neck for several months.
F&O Ban List: IEX, Tata Chemicals among 12 stocks under trade ban on Tuesday (15-10-2024)
Twelve stocks including Chambal Fertilizers, GNFC, and Granules India are under F&O trade ban, as their open interest exceeds 95% of MWPL. The ban will lift once the interest drops below 80%. Meanwhile, Indian stock indices closed higher, with Nifty surging 0.7% and Sensex up 0.73%.
F&O Ban List: IEX, Tata Chemicals among 12 stocks under trade ban on Tuesday (15-10-2024)
Twelve stocks including Chambal Fertilizers, GNFC, and Granules India are under F&O trade ban, as their open interest exceeds 95% of MWPL. The ban will lift once the interest drops below 80%. Meanwhile, Indian stock indices closed higher, with Nifty surging 0.7% and Sensex up 0.73%.
Q2 results today: HDFC Life, PVR Inox among 25 companies to announce earnings on Tuesday (15-10-2024)
The second quarter earnings season sees the announcement of results from 25 companies, including HDFC Life and HDFC AMC. HDFC Life is expected to report a 17-26% YoY increase in APE, ranging from Rs 3,550 crore to Rs 3,834 crore, with VNB estimated between Rs 900-978 crore.
Q2 results today: HDFC Life, PVR Inox among 25 companies to announce earnings on Tuesday (15-10-2024)
The second quarter earnings season sees the announcement of results from 25 companies, including HDFC Life and HDFC AMC. HDFC Life is expected to report a 17-26% YoY increase in APE, ranging from Rs 3,550 crore to Rs 3,834 crore, with VNB estimated between Rs 900-978 crore.