Apple reported a net profit of $14.7 billion in the third quarter of this year. The result represents a 36% drop compared to the $22.9 billion recorded in the same …
Economy
-
-
Economy
Oil prices fall to avoid an Israeli attack on Iranian refineries
by Akash Biswasby Akash BiswasOil prices fell on Monday (October 28, 2024) after Israel avoided attacking oil and nuclear facilities in Iran on Saturday (October 26, 2024). The value of Brent crude, the international …
-
In an effort to boost the Eurozone’s weak growth, the European Central Bank, or ECB, has lowered its benchmark interest rate for the second consecutive meeting. The rate was set …
-
Economy
Applications for government jobs increased in India, along with the unemployment rate
by Akash Biswasby Akash BiswasThe government of India is being criticized by the opposition parties for the slow rate of job growth in the nation. Even though India’s growth rate is around 7 percent, …
-
Currently, people in various rural areas of India are unable to use Reliance Jio internet. The reason is that Mukesh Ambani’s Reliance Jio has increased the recharge price on July …
-
Economy
The Reserve Bank kept the repo rate unchanged for nine consecutive times! Foreign exchange savings have set precedents
The Reserve Bank of India (RBI) remained active in relieving middle-class citizens from debt burden. The repo rate (the rate at which the RBI lends short-term loans to commercial banks) …
-
Jerome Powell, the president of the Federal Reserve, announced on Monday, July 15, 2024, that the US central bank will begin reducing interest rates without waiting for inflation to hit …
-
Economy
Tomato, onion, and potato prices have increased in the Indian market in the past month
by Akash Biswasby Akash BiswasThe prices of potatoes, tomatoes, and onions, which are regularly used in home cooking, have increased by 15% to 58%. But in this situation, the central government has claimed that …
-
Economy
New Milestone: Nvidia reached $3 trillion in market value for the first time and surpassed Apple
by Akash Biswasby Akash BiswasShares of the Silicon Valley chipmaker gained 5.2% to $1,212.89, giving Nvidia a stock market value of $3.01 trillion. Shares of artificial intelligence chip maker Nvidia were trading at all-time …
-
Economy
Salesforce stock price crash: The company’s worth drops by almost $50 billion in a single day
Salesforce, a tech company based in San Francisco, saw its valuation drop by tens of billions this week following the release of a quarterly financial report that revealed less than …