This article was written with the assistance of A.I. technology, and has been edited and fact-checked by Melly Alazraki. India is the world’s biggest importer of arms, and it has been for some time. From 2018 to 2022, India’s arms imports accounted for 11% of the world’s arms imports, according […]

The Fed’s monetary policy decision is on focus today. There are not many economic announcements on Wednesday. As Russia’s invasion of Ukraine is progressing, Chinese Premier Xi Jinping visited Russian President Vladimir Putin in Moscow. Despite hopes for a ceasefire, there were no announcements in this regard. Early trends on […]

Asian markets gained on Wednesday amidst global bullish sentiment that followed renewed assurances from the U.S. government on support amidst the banking crisis. Markets in the meanwhile are expecting the Fed to settle for a 25-basis point rate hike later in the day. China’s Shanghai Composite Index rose 0.3 percent […]

Arbitrage funds have recorded net inflows for three months straight, after steep outflows for half a year before that. The trend changed as mutual fund (MF) schemes improved amid a rise in equity market volatility. Investors redeemed over Rs 31,000 crore from arbitrage schemes between June and November before putting […]

Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days, asserting they have multiple options to stay in the US. The H-1B visa is […]

The United States housing market has been in the middle of a housing crunch for some time now. Between 2012 and 2022 there were 6.5 million more new households formed than homes built. Even after including multi-family units, the gap between housing units and households is 2.3 million. As the […]

EXCLUSIVE: Thruline Entertainment has promoted longtime talent manager Ashley Franklin to Partner. Franklin has been at Thruline since 2011, guiding the careers of such actors as Lacey Chabert, Matt Czuchry, Emily Bergl and Lindy Booth, all of whom have been clients of hers for more than 15 years. Before transitioning […]

As the WGA begins its second week of bargaining for a new contract with the AMPTP today, the guild is prepared for a strike, if it comes to that, though that’s by no means a foregone conclusion. The WGA’s current film and TV contract expires May 1. The WGA West’s […]

Kansas -based Elkhorn Valley Packing has recalled around 3,436 pounds of boneless beef chuck product citing possible E. coli O103 contamination, the U.S. Department of Agriculture’s Food Safety and Inspection Service or FSIS said. The recall involves various weights corrugated boxes containing “Elkhorn Valley Pride Angus Beef 61226 BEEF CHUCK […]

The Reserve Bank of India is likely to take a call on the relaxations sought by HDFC Bank in relation to the merger, as the date of merger draws closer, sources said. The HDFC twins, which announced their decision to merge in April last year, received National Company Law Tribunal’s […]