Cities Where One Industry Drives the Economy

The United States has one of the most complex economies in the world. The country’s economy does not rely on one single industry, producing billions of dollars worth of products and services in many industries, including oil and natural gas, tech, vehicles, food, medicine, textiles, financial, entertainment, and much more […]

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European Shares Rally On Fed Relief; BoE Decision Awaited

European stocks advanced on Thursday and bond yields dipped after the U.S. Federal Reserve raised interest rates by 50 basis points, as widely expected, but struck a less hawkish tone than some had feared, saying inflation will “flatten out” over the coming months. The Bank of England’s monetary policy announcement […]

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2nd innovation hub in US to strengthen TCS position

IT major Tata Consultancy Services (TCS), in its Q4FY22 results, said the company’s banking, finance services and insurance (BFSI) crossed the $10 billion milestone. This includes revenue from financial products, services and platforms. For Suresh Muthuswami, who recently took over as chairman of North America, one of the focus will […]

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European Shares Set To Rally After Fed Decision

A gap-up opening is on the cards as the Federal Reserve’s less hawkish tone lifted investors’ appetite for riskier assets and sent yields and the dollar lower. After raising interest rates by 50 basis points and outlining plans to reduce the near $9 trillion balance sheet, the Fed made it […]

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How a Normal Spring Feels in Every State

What is considered “normal” weather is determined by the National Oceanic and Atmospheric Administration, which, every 10 years, tabulates average weather data for the previous 30 years. What is currently considered normal was computed last spring, using averaged measurements between 1991 and 2021.  To find what a normal April feels […]

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How govt will judge the performance of PSUs

The number of times public sector undertakings (PSUs) have held conference calls with investors, their capital management, and debt financing are among the parameters that the Centre will use to judge their performance for the first time, a senior official in the know said. The government will evaluate PSUs for […]

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