Tag: markets

Two members of staff hold the painting by late Franco-Danish painter Camille Pissaro "Darse de peche et bassin Duquesne, Dieppe, apres-midi ensoleillee" (Fishing dock and Duquesne basin, Dieppe, sunny afternoon) during the photocall at the Sotheby's auction house, in central London, on June 19, 2024 ahead of the Sotheby's major Modern & Contemporary art auction of the summer season. (Justin Tallis/AFP)(AFP)
Posted in Business

The rich can’t sell their art, so they’re borrowing against it

A wealthy client at Bank of America Corp. put up his fine-art collection so he could borrow enough to buy a sports franchise. Another posted…

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A sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S, October 26, 2020. (Mike Segar/Reuters)
Posted in Business

US unemployment data triggers Sahm Rule recession warning, but rule inventor says recession may not come

Growing US unemployment figures in July sent global stock markets tumbling due to fears of recession in the US, and has triggered the Sahm Rule,…

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Union Budget 2024 can draw a roadmap to spark India’s electric vehicle revolution
Posted in Economy

Union Budget 2024 can draw a roadmap to spark India’s electric vehicle revolution

The upcoming Union Budget 2024 is likely to draw the roadmap to accelerate India’s electric vehicle ambitions, with the Narendra Modi government targetting 30 per…

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ETMarkets Smart Talk: July 2024 final Budget likely to be more populist, no tax changes expected: Aditya Khemka
Posted in Finance

ETMarkets Smart Talk: July 2024 final Budget likely to be more populist, no tax changes expected: Aditya Khemka

“We expect the Indian 2024 Budget in July to be slightly more populist than the previous few Budgets,” says Aditya Khemka – Fund Manager, InCred…

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Posted in Startups

startup: The Economic Times Startup Awards 2023: And the winners are…

Business-to-business (B2B) ecommerce firm OfBusiness bagged top honours at the ninth edition of India’s most prestigious awards for entrepreneurship — The Economic Times Startup Awards…

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Indian Handicraft Exports: Handicraft exports likely to fall 6-8 pc in FY24: Report
Posted in Economy

Indian Handicraft Exports: Handicraft exports likely to fall 6-8 pc in FY24: Report

Indian handicraft exports may witness a 6-8 per cent decline this fiscal to USD 3.3 billion, mainly due to a spending slowdown in global markets,…

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Posted in Economy

Inflation: View: India’s inflation may have cooled but premature to bet on rate cuts

India‘s inflation may have dropped to its lowest in two years, but the optimism of softer interest rates may be premature as a myriad of…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Sanjay Dutt: Actor Sanjay Dutt invests in alcobev startup; to import and sell liquor brands

Actor Sanjay Dutt has invested in alcobev startup Cartel & Bros, a venture which is looking to import and retail a portfolio of liquor brands…

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india: View: India's GDP not a flash in the pan; time to double down on growth, reforms
Posted in Economy

india: View: India’s GDP not a flash in the pan; time to double down on growth, reforms

As the Indian economy expanded with recent news of an annual growth rate of 7.2%, the key to why India is one of the fastest-growing…

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india: India's forex reserves at comfortable position to meet any requirements: Piyush Goyal
Posted in Economy

india: India’s forex reserves at comfortable position to meet any requirements: Piyush Goyal

India has a strong foreign exchange reserve and the country is in a comfortable position to meet all the requirements even in any worst-case scenario…

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