Video game developer Take-Two Interactive Software (TTWO) has announced that it would release a trailer for the next installment of its best-selling game series “Grand Theft Auto” early next month. “We are very excited to let you know that in early December, we will release the first trailer for the […]

Asian stocks ended mostly lower on Wednesday as investors digested hawkish comments from Fed officials on the future rate hike path and looked ahead to Fed Chair Jerome Powell’s speech for direction. A firmer dollar and a recovery in U.S. Treasury yields weighed on gold, while crude prices held steady […]

The cautious approach ahead of the US Fed Chair Jerome Powell’s speeches later today and tomorrow is keeping Asian stock markets mostly lower on Wednesday, despite the broadly positive cues from the Wall Street overnight. Traders seemed reluctant to make significant moves and will pay close attention to the Powell’s […]

General insurance companies are likely to see a surge in demand for health insurance in the coming months due to falling air quality in the country. The health insurance segment has registered a strong growth after the pandemic due to higher awareness. In the first half of financial year 2023-24, […]

UK grocery price inflation fell to single digits for the first time since July last year, but consumers are likely to continue feeling the pinch, a survey from the market research group Kantar showed Tuesday. Separate surveys from the BRC and Barclays also showed that consumers are tightening their purse […]

‘With NPA under control, we should be able to post better profits.’ Shriram Finance Ltd, the largest retail NBFC in India, posted 14 per cent rise in consolidated net profit during the second quarter due to a rise in business volume and improved asset quality. Umesh Revankar, executive vice-chairman of […]

‘Our Q1 was almost flat, and there was very negligible growth in Q2, but the deal pipeline and the order book have been fairly significant.’ Information-technology services firm LTIMindtree, performed well compared to its larger peers but it acknowledges macro headwinds. This was evident in the firm’s share price, which […]

A report released by the Institute for Supply Management on Friday showed a bigger than expected slowdown in the pace of growth in U.S. service sector activity in the month of October. The ISM said its services PMI fell to 51.8 in October from 53.6 in September, although a reading […]

French financial service provider Societe Generale S.A. reported Friday a sharp drop in its third-quarter profit amid weak revenues. According to the company, the net result was penalized by the negative effect of short-term hedges on net interest income in French retail, the impact of which peaked in the third […]

While India won’t be immune to global spillovers, we need to create the macro preconditions for sustained growth.Policy agility, prudence, and resilience will be key, suggests Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura. Over the last two months, geopolitical and market developments have emerged as risks to […]