Articles for tag: Anticipates, Conditions, Cuts, Economic, Federal, Future, gradual, Inflation, Job, Looms, Market, Rate, Reserve, Slows, Stability, Uncertainty

Market News

Federal Reserve anticipates gradual rate cuts as inflation slows, but uncertainty looms over future economic conditions and job market stability.

Federal Reserve anticipates gradual rate cuts as inflation slows, but uncertainty looms over future economic conditions and job market stability.

Federal Reserve Chair Jerome Powell stated that the U.S. economy is seeing slow but steady progress in reducing inflation, which could lead to further interest rate cuts. Speaking at a conference in Nashville, Powell emphasized that disinflation is becoming more widespread and indicated that the Fed’s target inflation rate of 2% is within reach. He ...

Market News

India’s job market surges with 17.4% demand for data analytics skills, leading the world in AI and ML opportunities.

India’s job market surges with 17.4% demand for data analytics skills, leading the world in AI and ML opportunities.

As artificial intelligence (AI) and machine learning (ML) become integral to the workplace, the demand for skilled professionals in these fields is growing rapidly, especially in India. According to a report by Cornerstone, 17.4% of job postings in India seek data analytics skills. Since 2019, global job postings in AI and ML have surged by ...

Market News

Compass Group India aims to capture significant market share, planning to double its business in food services over the next three years.

Compass Group India aims to capture significant market share, planning to double its business in food services over the next three years.

Compass Group India is rapidly expanding its food service business in India, aiming to double its operations every three years. The company, recently acquiring ICS Foods, is focusing on sectors like manufacturing, education, and healthcare. With a goal to serve over two million meals daily and grow its presence to 600 client locations by 2027, ...

Market News

Tata Electronics partners with Taiwan’s PSMC to launch India’s first semiconductor Fab, transforming the nation’s tech landscape and job market.

Tata Electronics partners with Taiwan’s PSMC to launch India’s first semiconductor Fab, transforming the nation’s tech landscape and job market.

Tata Electronics, a subsidiary of Tata Sons, has announced a significant partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) to establish India’s first semiconductor facility in Dholera, Gujarat. This venture will involve a massive investment of up to Rs 91,000 crore and aims to generate over 20,000 direct and indirect jobs. The facility is set ...

Market News

Surging demand for refurbished smartphones, especially iPhones, is transforming India’s market as companies eagerly anticipate festival-season sales.

Surging demand for refurbished smartphones, especially iPhones, is transforming India’s market as companies eagerly anticipate festival-season sales.

The refurbished smartphone Market in India is rapidly growing, with rising demand for premium devices like iPhones. Sellers such as Flipkart, Cashify, and Grest report significant sales increases as the festival season approaches. For instance, Cashify saw a remarkable 444 percent revenue jump from refurbished smartphone sales in 2023. The Market is fueled by advancements ...

Market News

SpiceJet settles salary debts and faces operational turmoil, despite raising funds, while market share continues to plummet dramatically.

SpiceJet settles salary debts and faces operational turmoil, despite raising funds, while market share continues to plummet dramatically.

SpiceJet, a low-cost airline in India, has cleared all pending salary dues for its employees after raising Rs 3,000 crore through a qualified institutional placement. However, it has recently faced significant financial challenges, including a decline in Market share from 5.6% in January 2023 to just 2.3% in August 2024. The airline owes Rs 3,700 ...

Market News

US bond yields rise amid profit-taking, while Indian yields hold steady as market anticipates further rate cuts from the Fed.

US bond yields rise amid profit-taking, while Indian yields hold steady as market anticipates further rate cuts from the Fed.

Indian government bond yields are expected to slightly increase in early trades as US Treasury yields rise. Despite a recent drop, the prevailing Market sentiment remains bullish due to ongoing expectations of another significant rate cut by the Federal Reserve. The benchmark 10-year yield is projected to fluctuate between 6.72% and 6.76%. Traders anticipate some ...

Market News

The Nifty IT and Auto indices face bearish trends, prompting a “sell on rise” strategy amid escalating market pressures.

The Nifty IT and Auto indices face bearish trends, prompting a “sell on rise” strategy amid escalating market pressures.

The Nifty IT Index is currently showing a bearish trend, with a potential sell-off if it closes below 41,600. Traders should consider adopting a “sell on rise” strategy to navigate the expected downward pressure, with key support levels at 40,750, 38,925, and 37,500. Meanwhile, the Nifty Auto Index appears overbought and may face a correction ...

Market News

India’s labor market remains stagnant with 3.2% unemployment, overshadowed by rising self-employment, amidst evolving regulatory challenges and international agreements.

India’s labor market remains stagnant with 3.2% unemployment, overshadowed by rising self-employment, amidst evolving regulatory challenges and international agreements.

The recent Periodic Labour Force Survey report for July 2023 to June 2024 shows that India’s unemployment rate remains steady at 3.2 percent, unchanged from the previous year. However, the report reveals significant challenges in the labor Market, including a growing trend of self-employment, with over half of the workforce categorized as “own account workers” ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto