Australian inflation eased to a four-month low in July as government rebates on electricity bills took effect. However, the moderation in price gains elsewhere fell short of expectations, leading markets to scale back the likelihood of an imminent interest rate cut.

Australia's inflation cools in July, though progress remains sluggish

According to Swiss Finance Minister Karin Keller-Sutter in a newspaper interview, high debt levels in the United States of America and Europe are threats to international financial stability and thus, by extension, threats to Switzerland.

Swiss Finance Minister criticises US, Europe over 'Time Bomb' debt levels

Capitalmind Financial Services, based in Bengaluru and led by Deepak Shenoy, has received in-principle approval from the Securities and Exchange Board of India (SEBI) to launch a mutual fund.

Capitalmind secures SEBI approval for mutual fund launch  

Infosys, the Bengaluru-based information and technology giant, has announced its intention to "vigorously defend" itself against a trade secrets lawsuit filed by its rival, Cognizant.

Infosys to vigorously contest Cognizant's trade secrets lawsuit 

Foreign Portfolio Investors have infused Rs 11,366 crore into the Indian debt market in August 2024, according to data from depositories. This surge in investment has pushed the total foreign portfolio investor inflows into the debt segment beyond Rs 1.

Foreign investors inject Rs 11,366 crore into Indian debt; 2024 inflows surpass Rs 1 lakh crore 

India's Gross Domestic Product (GDP) is projected to grow by 7.0 per cent to 7.1 per cent in the first quarter of the fiscal year 2024-25 (Q1FY25), according to the latest SBI Ecowrap report released on August 26.

State Bank of India research anticipates Q1 GDP at 7.1%, in line with RBI projection 

The battle to get inflation back to the ECB's target of 2 per cent is far from over, and interest rates must be at least as high as needed to do so without excessively hurting the economy, the European Central Bank's chief economist, Philip Lane, said.

ECB's Lane says 2 per cent inflation target remains unsecured

Nvidia stock has returned, but it's going to be put to the test once more. The next big event for the market will be when that chip darling reports earnings after the bell on Wednesday.

Nvidia's earnings to set AI market pulse amid soaring stakes and sky-high expectations

Pavel Durov, the billionaire founder and CEO of messaging app Telegram, according to two unidentified police sources cited by TF1 TV and BFM TV, was detained at Bourget airport outside Paris on Saturday evening.

Who is Pavel Durov, the visionary behind Telegram messaging app, now detained

China has expressed strong opposition to the United States' recent decision to add several Chinese companies to its export control list due to their alleged involvement with Russia, according to a report by Reuters.

China criticizes US for blacklisting firms, promises retaliation

Foxconn, the world's leading contract electronics manufacturer, is setting new standards for women in the Indian tech industry. The company's Chairman, Young Liu, has announced ambitious plans to promote women employees to leadership roles within design and technology sectors, marking a significant shift from traditional assembly line positions.

Foxconn pushes for women leaders in India's design and tech, says Chairperson Young Liu 

Citigroup has claimed that performance was the reason for the termination of a former managing director who is suing the bank, rather than attempts by the bank to pass false information to regulators.

Citigroup fires back: Performance or retaliation in high-stakes legal showdown?

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Zee News Rajasthan

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