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A US Federal Reserve official hinted at potential interest rate cuts as early as July, citing global economic uncertainties and geopolitical risks. Despite President Trump's pressure for rate reductions, the Fed remains cautious, assessing the impact of tariffs on inflation. Fed governor Christopher Waller suggested a gradual approach, emphasizing the focus on underlying price trends rather than temporary tariff effects.
Cognizant invests $182.76 million in new campus in Vishakapatanam, creating 8,000 jobs, with operations starting in 2029
Commerce Secretary meets officials and exporters as Iran Israel conflict threatens global oil chokepoint.
BSNL has entered the 5G fixed wireless access (FWA) market with the launch of its home broadband service in Hyderabad, directly competing with Jio and Airtel. The service, named Quantum 5G FWA, is a completely indigenous solution. Launc ...more
Revised lending target to be effective from April 1
The company has set a price band of ₹700-740 for the fund raise, which is reportedly at a 66 per cent discount to the price of the share in the grey market.
Accenture's Q3 FY25 revenue surged 8% to $17.7 billion, fueled by strong demand for AI services. The IT firm has raised its full-year revenue growth outlook to 6-7%. Gen-AI bookings reached $1.5 billion for the quarter, generating over ...more
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