American Consumers’ Job Finding Hopes At Record Low
[ad_1] U.S. consumers’ inflation expectations for the one-year ahead ticked up in August, while their hopes of finding a job sank to a record low, results of a monthly survey by the Federal Reserve Bank of New York revealed on Monday, which coincided with recent readings that signaled a cooling labor market. Median inflation expectations for the one-year ahead edged
Nasdaq Reaches New Record Intraday High Amid Rate Cut Optimism
[ad_1] After ending last Friday’s session well off their worst levels but still mostly lower, stocks have moved back to the upside during trading on Monday. With the upward move, the tech-heavy Nasdaq has reached a new record intraday high. Currently, the Nasdaq is up 181.20 points or 0.8 percent at 21,881.58 and the S&P 500 is up 22.50 points
Luxembourg Inflation Accelerates Further To 2.4% In August
[ad_1] Consumer price inflation in Luxembourg climbed for a third month in a row in August to its highest level in over a year, preliminary data from the statistical office STATEC showed on Monday. The consumer price index rose 2.4 percent year-on-year following a 2.3 percent increase in July. Inflation was the highest since May last year, when it was
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4 Killed In Russia’s Massive Aerial Assault On Ukraine
[ad_1] Four people were killed and 44 others injured reportedly in Russia’s large aerial assault on Ukraine since its full-scale invasion began in 2022. A baby was among those killed overnight into Sunday, Ukrainian authorities reported. More than 800 drones were launched in waves designed to overwhelm Ukrainian air defenses, according to news reports, and a Government building was hit
Five held with 100 bags of ration rice
[ad_1] Thatchanallur police have arrested five persons with 100 bags of ration rice. During night patrol, the police picked up Madasamy, 42, of Kokkirakulam on suspicion near Old Madurai Road. When theys questioned him, he said he and his associates were about to take ration rice in two mini cargo vehicles. Based on the information provided by him, the police
Markets Digest U.S. Jobs Data
[ad_1] Sentiment remains positive in world markets amidst renewed hopes of a Fed rate cut in September FOMC. However, concerns about the slow job growth impacting economic growth weighed on mood. Markets, in the meanwhile are also bracing for the annual revision to payrolls due to be released on Tuesday by the U.S. Bureau of Labor Statistics. The CME FedWatch
Latvia Inflation Climbs To 2-year High
[ad_1] Latvia’s consumer price inflation increased in August to the highest level in two years, preliminary data from the statistical office showed on Monday. The consumer price index rose 4.1 percent year-on-year in August, faster than the 3.8 percent increase in July. Moreover, this was the highest inflation rate since August 2023, when prices increased 5.4 percent. The average level
Tamil Valarchi Kazhagam to make Tamil content searchable for AI tools
[ad_1] Tamil Valarchi Kazhagam’s nameboard on the Chepauk campus of the University of Madras | Photo Credit: M. Srinath There is no dearth of Tamil content on the internet but virtually negligible volume is searchable matter as it evades artificial intelligence (AI) algorithm, unlike in the case of English. To address this gap, the Tamil Valarchi Kazhagam (Tamil Academy), a
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‘What kind of Retired SC Judge are you?’: BJP attacks INDIA bloc’s VP pick over meeting Lalu; shares picture | India News
[ad_1] NEW DELHI: Bharatiya Janata Party on Monday launched a scathing attack against opposition’s vice-presidential nominee Sudarshan Reddy for meeting Rashtriya Janata Dal supremo Lalu Prasad, who is convicted in fodder scam case.During a press conference, BJP leader Ravi Shankar Prasad accused the former Supreme Court judge of “hypocrisy” for meeting a convict while also claiming to “save the soul
German Industrial Output Recovers 1.3%
[ad_1] Germany’s industrial output expanded for the first time in four months in July, figures from Destatis showed on Monday. Industrial production rose 1.3 percent month-on-month in July, reversing June’s stable decrease of 0.1 percent. The recovery in July was mainly driven by a 9.5 percent growth in the manufacture of machinery and equipment. An 8.5 percent expansion in the
Consumption in spotlight, metals steady, defence looks stretched: Old Bridge CIO
[ad_1] Kenneth Andrade, Chief Investment Officer of Old Bridge Mutual Fund, which manages assets worth nearly ₹1,600 crore, believes the upcoming festive season could mark a significant boost for consumer-centric sectors. With policy and monetary measures aligning to support demand, he sees both consumer durables and automobiles emerging as strong beneficiaries. “The focus has moved to the domestic environment… we
European Shares Seen Up On Fed Rate Cut Optimism; French Confidence Vote Eyed
[ad_1] European stocks are seen opening a tad higher on Monday as dismal August U.S. jobs report has put a half-point September rate cut ‘in play’. Investors will also keep a close eye on the political development in France, where Prime Minister Francois Bayrou faces a confidence vote today, which he is expected to lose. Opposition leaders across the political
Investors are looking beyond the US, and India must stay ready: DBS’ Taimur Baig
[ad_1] With global uncertainty clouding the outlook, investors are increasingly looking beyond the US, and India needs to stay prepared. According to Taimur Baig, MD and Chief Economist at DBS Group, local reforms like GST changes and income tax tweaks are timely and important, regardless of what happens globally. “I will compartmentalise the two issues,” Baig said. “The three-pronged measures
India, EU working on series of transformative initiatives besides eyeing to seal FTA by December
[ad_1] Workers adjust an EU flag at the venue for a meeting between Prime Minister Narendra Modi and European Commission President Ursula von der Leyen in New Delhi, at the Hyderabad House, in Delhi. | Photo Credit: Sushil Kumar Verma Eyeing to conclude their ambitious free trade deal soon, India and European Union will hold two rounds of crucial negotiations
Japan July Current Account Surplus Y2.684 Trillion
[ad_1] Japan posted a current account surplus of 2.684 trillion yen in July, the Ministry of Finance said on Monday. That was well shy of expectations for a surplus of 2.266 trillion yen following the 1.348 trillion yen surplus in June. Exports were down 4.9 percent on year at 9.006 trillion yen and imports sank an annual 7.4 percent to
Amber Enterprises’ Electronics division gets ₹1,200 crore funding from investors for growth plans
[ad_1] Shares of Amber Enterprises Ltd. will be in the spotlight on Monday, September 8, after ILJIN Electronics India Pvt. Ltd., a material subsidiary and its electronics division announced the securing of ₹1,200 crore in strategic funding from various investors. Amber said in its exchange filing on Sunday that ILJIN signed separate, definitive agreements with prominent investors, including ChrysCapital and
Arunachal anti-dam activist stopped at Delhi airport from flying to Dublin | India News
[ad_1] ITANAGAR: Arunachal Pradesh-based anti-dam activist and lawyer Bhanu Tatak was stopped Sunday from boarding a flight to Dublin from Delhi after immigration authorities acted on a look out circular (LOC) linking her to two pending police cases in her native state, one for alleged criminal trespass and the other for defacement of a mural at the civil secretariat.Bhanu, legal
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Sri Lankan Tamils not eligible for long-term visas
[ad_1] Undocumented Sri Lankan Tamil refugees who were exempted from penal provisions by a Union Ministry of Home Affairs (MHA) order last week are not eligible to apply for long-term visas (LTV), a senior government official told The Hindu. Disclosing this, the official, however, did not elaborate the reason for the refugees’ ineligibility. Though the order removes the tag of
Flash floods ravage paddy, apple crops in south Kashmir
[ad_1] Flash floods in Kashmir have destroyed standing paddy, mainly rice and apple spread over thousands of acres in four southern districts of the valley, leaving farmers staring at cumulative losses running into hundreds of crores. As the Jhelum swelled due to incessant rains and cloudbursts, overflowing waters washed away rice fields in several areas of Anantnag and Pulwama districts.
Asia Cup 2025: Arshdeep Singh set to make history; huge T20I milestone awaits | Cricket News
[ad_1] Arshdeep Singh with Harshit Rana (Photo by Michael Steele/Getty Images) As India gears up for the Asia Cup 2025 in Dubai, left-arm pacer Arshdeep Singh is on the brink of a major milestone. The 26-year-old needs just one more wicket to become the first Indian bowler to reach 100 T20I wickets and the 25th player overall to achieve the
Salem Corporation city engineer suspended – The Hindu
[ad_1] The Salem Corporation City Engineer (in-charge) was placed under suspension recently. Senthil Kumar was placed under suspension on August 26 by the Director of Municipal Administration, P. Madhusudhan Reddy. Mr. Kumar was set to retire on August 30. Corporation officials said that there was an inquiry pending against Senthil Kumar regarding 17(b) charges. As the inquiry is pending, he
Udupi Cochin Shipyard Limited launches its third export order for Wilson ASA, Norway
[ad_1] Representational image only. File | Photo Credit: The Hindu Udupi Cochin Shipyard Limited (Udupi-CSL), a subsidiary of Cochin Shipyard Limited, has launched (means let into water) its third vessel in the series of six numbers of 3800 TDW general cargo vessel being built for M/s. Wilson ASA, Norway. T.K. Swaroopa, Deputy Commissioner, Udupi district, launched the vessel at a