As the Kansas City Chiefs prepare for another possible Super Bowl run in the 2024-25 NFL season, fans are excited to witness Taylor Swift cheering for her boyfriend Travis Kelce.
The microfinance sector is expected to stabilize by the end of the third quarter, with improvements anticipated from the fourth quarter onward due to new measures adopted by lenders. However, the sector is currently facing challenges, including high portfolio risk and elevated credit costs, which are likely to persist into the second quarter.
Union Minister Pralhad Joshi emphasized the growth of India's renewable energy sector at the BNEF Summit in New Delhi. He highlighted government initiatives, including a PLI Scheme for solar PV modules and policies for grid storage. India's renewable energy capacity has increased significantly, with major strides in solar power and green hydrogen production.
Virgin Atlantic plans to expand its presence in India by adding two new destinations by 2030 and launching a second daily flight from London Heathrow to Mumbai in October 2024. Currently, India accounts for 15% of the airline's total capacity and 11-12% of its revenue, up from 5-10% in FY22.
Nouriel Roubini, also known as 'Dr Doom economist', has recently claimed that entire world could witness a major oil shock, something that had happened at least five decades back. Roubini has meanwhile warned that a major oil crisis could become an imminent reality if Israel and Iran go for an all-out war.
Gautam Adani, chairman of the Adani Group, highlighted the Dharavi Redevelopment Project during a keynote at Jai Hind College, Mumbai. He emphasized that the initiative is not only about urban renewal but also about restoring the dignity of over 1 million residents and showcasing the potential of ambitious, purposeful action. The project, which will cover nearly 600 acres in Mumbai's densely populated Dharavi, is set to begin within 6-8 months.
China and India are competing for influence in smaller countries. While China pledges $51 billion for Africa, India's Adani Group faces protests over its plans to manage Nairobi's airport. Adani aims to invest in global infrastructure, challenging China's dominance and enhancing India's strategic footholds worldwide.
U.S. worker productivity grew faster than initially thought in the second quarter, reining in labor costs and suggesting that inflation pressures could continue to subside. Nonfarm productivity increased at a 2.5% annualized rate last quarter, while unit labor costs rose at a 0.4% rate, both revised figures from previous estimates.
The Election Commission of India has issued a notification for the final phase of Legislative Assembly polls in Jammu and Kashmir. Polling will be held on October 1 across 40 constituencies in Kupwara, Baramulla, Bandipora, Udhampur, Kathua, Samba, and Jammu districts. The last date for filing nominations is September 12.
A recent working paper, on the website of the Economic Advisory Council to the Prime Minister (EAC-PM), said significant changes are unfolding in India's food consumption pattern. Titled ‘Changes in India’s Food Consumption and Policy Implications: A Comprehensive Analysis of Household Consumption Expenditure Survey 2022-23 and 2011-12’, the paper is authored by Mudit Kapoor of the Indian Statistical Institute and Shamika Ravi, member of EAC-PM and others.
A political analyst speculated that Kamala Harris might have trouble winning Pennsylvania, one of the crucial battleground states in the 2024 election.
Brands are growing much faster on q-com than on traditional ecommerce channels, says Gupta of the wearable and audio products firm. “People like us were born on marketplaces. Now, there are brands being built on quick commerce," Gupta said at the Razorpay D2C and Retail Summit held in New Delhi.
Investors showed buying interest in IT, telecom, and consumer durable stocks, while power, infrastructure, capital goods, and realty sectors faced selling pressure.
Walt Disney faced a significant data leak this summer, exposing financial and strategy information, as well as personal details of staff and customers. The leaked data included passport numbers, visa details, addresses, and birthplaces of cruise staff, along with customer information from Disney Cruise Line. Hacking group NullBulge published extensive internal communications.
The S&P 500 and the Dow were subdued at the open on Thursday as investors parsed through mixed labor market data to gauge the size of the Federal Reserve's interest rate cut that is expected later this month.
The notice, shared on the social media platform WeChat, is part of a continuing effort by Chinese authorities.
The Biden administration has approved a wind project off Maryland's coast, advancing its goal of deploying 30 gigawatts of offshore wind energy by 2030. The Maryland Offshore Wind Project, developed by US Wind, aims to power 718,000 homes. Despite setbacks like rising costs and supply chain issues, officials remain committed to their target.
Arcane season 2 release details on Netflix and trailer are out. Here is all you need to know about Arcane League of Legends.
The Sensex dropped 151 points to close at 82,201 on Thursday. Despite this decline, 10 stocks in the BSE FMCG index reached their highest prices in the past year, signaling strong performance and offering insights for traders and investors.
Zomato’s entry into the entertainment space has cast a cloud over KKR’s investment in BookMyShow. This and more in today’s ETtech Top 5.
Kim's Kafe in Greensboro, North Carolina, has gone viral for its strict dress code posted on Facebook. The guidelines include no shorts, crop tops, t-straps, leggings, short skirts, or cleavage. Reactions are mixed, with some supporting the modesty rules and others criticizing the potential impact on business.
The Ministry of Coal has issued Allocation Orders for three coal mines to NLC India Limited, Gujarat Mineral Development Corporation Limited, and TANGEDCO. These mines have a cumulative Peak Rated Capacity of 30 MTPA and are expected to generate annual revenue of Rs. 2,991.20 crores and provide employment to approximately 40,560 people.
