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India is experiencing a cyclical economic downturn with projected GDP growth of 6.1% for FY25 and FY26. While rural growth shows improvement, the government is expected to maintain fiscal discipline, and monetary policy remains cautious. Private capex sees encouraging signs, driven by various initiatives.
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News and Media
Chinese officials are considering Elon Musk to acquire TikTok's US operations if the app faces a ban. Musk, a prominent Trump supporter, could merge TikTok with his company X. However, Beijing officials prefer ByteDance to retain ownership while preparing for potential negotiations with the incoming Trump administration.
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News and Media
HCL Technologies shares slipped 6.5% after reporting a 6% net profit growth and 5% revenue increase for Q3 FY24. New deal wins totaled $2.1 billion. Analysts have varied recommendations, with some maintaining 'Buy' and others downgrading to 'Hold'. FY25 revenue growth guidance is reaffirmed at 4.5-5%.
Category:
News and Media
Hunter Biden's criminal charges stemmed from thorough and impartial investigations rather than partisan politics, as stated by prosecutor David Weiss. Weiss criticized President Joe Biden for maligning the Justice Department by pardoning his son and dismissing the integrity of federal criminal cases based on false accusations.
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News and Media
Joe Biden Foreign policy speech: President Joe Biden, in his last foreign policy speech, highlighted the successes of his administration. He emphasized that the US is winning the global competition, and its adversaries are facing challenges. Biden noted the strengthening of alliances, investments in technology, military and economic power, and positive changes in national and international diplomacy over the past four years.
Category:
News and Media
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