Macroeconomic News
HDFC, ICICI flag growth slowdown, uncertain macroeconomic environment
HDFC Bank and ICICI Bank noted that uncertainty clouds the outlook on the future trajectory of rate cuts, the need for deposit mobilization, and pressure on net interest margins (NIM).
3 min read21 Apr 2025Ajit Ranade: Much of today’s gold buying frenzy reflects a move away from the dollar
A return to the gold standard is nearly impossible but it’s no surprise that countries want to reduce their reliance on the US currency. Both Trump and Brics leaders are unhappy with the status quo.
4 min read24 Feb 2025Trump’s second presidency signals the end of the Washington Consensus
Cracks in America’s free-market orientation had appeared earlier, but other major US policies now look set to be overturned. This would make Trump’s rise more momentous than that of any post-war president.
4 min read20 Jan 2025Hindalco Industries Q4FY23 Results: Net profit down 37% at ₹2,411 crore; declares dividend
Hindalco Industries Q4FY23 Results: The company on Wednesday reported an 37% year-on-year fall in its consolidated net profit (attributable to owners of the company) for the fiscal's fourth quarter ended March (Q4FY23) to ₹2,411 crore.
2 min read24 May 2023Tata Elxsi Q4FY23 Results: Net profit up nearly 26% to ₹201.5 crore, declares dividend
Tata Elxsi Q4FY23 Results: The company reported an 26% year-on-year rise in its net profit for the fiscal's fourth quarter ended March (Q4FY23) to ₹201.5 crore.
1 min read18 May 2023What investors should do after the recent stock market rally
Does the Sell in May, go away analogy still work? Read Vijay Kumar Gaba's view on what Indian investors' strategy should be in the current scenario:
3 min read9 May 2023LinkedIn cuts over 700 jobs, exits China app as demand wavers
LinkedIn job cuts: In the past six months, more than 270,000 tech jobs globally have been cut, according to Layoffs.fyi, which has been tracking the fallout.
1 min read9 May 2023Apple share price buoys US stock market after Q4 earnings
Q4 results suggest that Apple is beginning to recover from a slump that’s plagued both the computer and smartphone industries
3 min read6 May 2023IBM to pause hiring, plans to replace 7,800 jobs with AI
International Business Machines Corp. Chief Executive Officer Arvind Krishna said the company expects to pause hiring for roles it thinks could be replaced with artificial intelligence in the coming years
2 min read2 May 2023Samsung Electronics logs worst quarterly earnings in 14 years
Samsung also blamed weakening demand for memory chips, which usually generate about half the firm's profits, and falling chip prices
2 min read27 Apr 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared