Australia’s inflation came in faster than expected in the first 3 months of 2024, suggesting price pressures are proving stickier and bolstering the case for the central bank to hold interest rates at a 12-year high. Yields on the policy-sensitive 3 year government bonds jumped the most since May after the consumer price index advanced 3.6% from a year earlier, government data showed Wednesday.

Ashirwad Scheme: There are many girl child special schemes run by central and state governments in India including Sukanya Samriddhi Scheme, Balika Samridhi Scheme, Beti Bachao Beti Padhao Scheme, Ladli Scheme, CBSE Udaan Scheme, and Nanda Devi Kanya Scheme among others. Out of such schemes, one special scheme is run by the Punjab government called the 'Ashirwad Scheme'.

Sales of new U.S. single-family homes rebounded in March from February's downwardly revised level, drawing support from a persistent shortage of previously owned houses on the market, but momentum could be curbed by a resurgence in mortgage rates. The report from the Commerce Department on Tuesday also showed the median house price jumped to a seven-month-high from February.

Cyient DLM shares rallied 13% on Wednesday at the day’s high of Rs 779.55 after the company yesterday reported an 80.2% year-on-year (YoY) surge in net profit at Rs 22.7 crore for the fourth quarter that ended March 31, 2024.The company's Q4 revenue stood at Rs 362 crores, with quarter-on-quarter (QoQ) growth of 12.7% and YoY growth of 30.5%.

Chinese investors, an increasingly influential force in Hong Kong’s stock market, have been scooping up state-owned enterprises in their recent buying spree. Eight out of the top ten stocks purchased though the trading links with the city this year are SOEs, including Bank of China and CNOOC Ltd., according to data compiled by Bloomberg.

Shares of Cochin Shipyard Limited (CSL), gained 5.56 per cent to an intraday high & fresh 52-week high of Rs 1,322 per share from its previous closing of Rs 1,252.35 per share. The shares of the company saw a spurt in volume by more than 1.50 times on BSE. Cochin Shipyard Ltd (CSL) is a leading player in the construction of all kinds of vessels,

Argentine President Javier Milei’s economic team sees monthly inflation slowing much faster this year than analysts anticipate, a rare insight into his advisers’ projections as he tries to pull the country out of crisis. Milei’s team projects Argentina’s economy will contract 2.8% this year, less than the 3.5% drop seen by more than three dozen analysts polled by the monetary authority.

Bitcoin {{BTC}} and ether {{ETH}}, the crypto market leaders, continue to trade in tight ranges as traders reassess macro conditions after halving. After a volatile last few weeks involving missile strikes between two geopolitical foes and excitement about the bitcoin halving, a sense of calm has returned to the market, with bulls and bears unwilling to lead the price action.

📌Wells Fargo has projected ad-led strength in the first-quarter, with Meta benefiting from a robust e-commerce environment. 📌RBC sees more strength ahead for Meta as ad volume growth outpaces peers. 📌Goldman expects digital advertising to stay strong in the forward twelve months, boosting its first-quarter outlook on Meta.

Investing in growing companies is the easiest way to build wealth over the long term. Businesses that serve wide-open markets and validate that opportunity with above-average revenue growth should see their share prices rise more often than fall. Here are two businesses that entered the year with wind in their sails: ✨DraftKings ✨Coupang.

Tesla reported first-quarter earnings on Tuesday after the closing bell. The electric-vehicle maker posted first-quarter earnings-per-share that fell short of consensus forecasts, but exceeded estimates for gross margin. Tesla also said it will accelerate production of new models of low-cost vehicles.

TVS Motor share price has fallen around 15% from its recent peak even as the company continues to improve its positioning across categories in FY24. TVS Motor shares hit a record high of ₹2,313.90 apiece on March 07, 2024. The stock has been falling since then.While TVS Motor share price has fallen over 4% in one month, the stock has rallied over 77% in the past one year .

By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the expense of profit and taking the fight for market share beyond China. And that's just what it is getting. Automakers are expected to launch 110 EVs and plug-in hybrids in 2024, many at the Beijing auto show that starts Thursday.

Former Jane Street Group trader who moved to Millennium Management ridiculed his former employer’s claims that he used its secret strategy to make a killing at his new job in India’s options market. In a signed statement, Schadewald denied using Jane Street’s strategies or any of its confidential IP and said his name was being smeared “to try to prevent me from doing honest work for a competitor.”

Vitol Group, Gunvor Group and Mercuria Energy Group are among the traders building out their metals teams, as they look to deploy capital generated by record profits. The shift comes as forecasters turn increasingly bullish on copper, aluminum and other metals, where long-anticipated production shortfalls are starting to take shape.