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US Fed holds rates at 4.25%-4.50 pc, cites uncertainty

India's retail inflation surged to a 14-month high of 6.21% in October 2024, up from 5.49% in September. This sharp rise in inflation is largely driven by food prices, which saw a steep jump. The latest data comes as a stark reminder of the financial pressure many are facing, especially amidst growing concerns over rising costs and a sluggish economy. Watch in for more details!

Tracking India's Retail Inflation: CPI For October Spikes To 6.21%

India's Retail Inflation Spikes In October

India's soaring food inflation is leaving school children hungry while the rich-poor divide widens. Nearly two years of high prices have shrunk lunch portions in government schools, where millions of impoverished students rely on meals to meet their basic nutritional needs.

Inflation Leaves India's Students Undernourished

Official campaigning for the October 27 general election began in Japan on Tuesday, as Prime Minister Shigeru Ishiba seeks a new mandate and to rebuild public trust in politics, which has been harmed by a slush funds scandal engulfing his ruling party.

Japan's To Go On Polls On October 27; 465 Seats Up For Grabs In The Polls

More than 9 million ‘akiya’ homes (empty houses) 13.8 per cent of all Japan’s residential properties – have been left empty after owners die, a new report found. Watch in for more details!

Japan's abandoned houses in focus: Super-aged Japan now has 9 million vacant homes

India's microfinance sector is an unsung hero in India's economic ascent. Today on Pollnomics, we decode India's microfinance boom & how central government policies are pushing ahead to drive economic inclusivity. Watch in for more details!

India: 74% clients in microfinance outreach from rural India

India’s microfinance sector surges 21% in 2023

Citigroup is undergoing a significant restructuring effort, with layoffs hitting hard in its New York divisions. A total of 430 employees are set to lose their jobs, primarily impacting Citibank, which will see 363 positions eliminated. This move is part of Citigroup's broader strategy to streamline its operations and enhance performance.

Citigroup slashes 430 jobs in New York restructuring

Shares of truth social, Donald trump's much-hyped social media venture, plunged 21%, wiping out gains from its recent debut on the stock market. The nosedive comes after the company disclosed losses of over $58 million in 2023, sparking concerns about its financial viability. This report tells us more...

Truth Social's stock plunge sparks financial concerns & legal battles

Indian airline Vistara has been forced to cancel a significant number of flights in recent days due to a shortage of crew members, impacting travellers across the country. The exact percentage of affected flights is not yet confirmed, but it has caused delays and cancellations.

Vistara faces flight disruptions due to pilot shortage

Japan's economic outlook remains uncertain, with mixed signals emerging from a recent central bank survey. The survey showed a surprising surge in sentiment among large non-manufacturing businesses. Their confidence index reached the highest level since 1991. Watch in for more details!

Japan’s service sector sentiment hits 3-decade high, says survey

The US Department Of Energy (DOE) has significantly reduced its initial proposal for electric vehicle (EV) mileage rating cuts. The latest ruling offers a more gradual decrease, reaching a 65% reduction by 2030. This gives manufacturers more time to adjust and meet fuel economy requirements.

U.S. eases up on strict emission requirements for 2030

In India, inflation, as measured by the consumer price index (CPI), dipped further in February. The overall inflation dipped from 5.1% in January to 5.09% in February. Watch to know more!

India's inflation cools further, but food prices remain high

Oil prices fell in early Asian trade on Monday, paring gains from the previous session. Oil supply remained tight amid lower OPEC output, unrest in Libya and sanctions on Russia.

Oil prices slip as recession fears rumble on

Animations to video clips sales of NFTs reached some 25 billion dollars in 2021, as the cumulative crypto-asset exploded in popularity. However, reports say there are signs of growth slowing towards the end of the year.

Non-Fungible token sales hit $25 Billion dollars in 2021

Registering its second annual decline in a row Mexico's auto production fell by almost two percent last year in comparison to 2022. This is Mexico's flagship industrial sector struggling to pull past the pandemic shocks and also a global semiconductor shortage.

World Business Watch: Mexico's flagship industrial sector struggles

There's been another wave of Covid19 infections across India driven by the Omicron variant of the Coronavirus, and this, of course, had a serious impact on India's aviation sector.

World Business Watch: Air passengers numbers in India decline

Canada could be staring at the beginning of a logistics issue, as Prime Minister Justin Trudeau is pushing ahead with a vaccine mandate for international truckers. The critics have said this will exacerbate the driver shortages and also drive up the price of goods imported from the united states of America.

Canada: Prices of goods imported from United States could go up

china where countries supported by stronger energy production and a moderation in raw material prices its factory output has grown faster than expected last month.

China's factory output rose 3.8% in November

JPMorgan Chase Chief Executive Jamie Dimon said on Wednesday he regretted his remarks that the Wall Street bank would last longer than China's Communist Party, moving quickly to avoid any longer-term fallout.

JP Morgan CEO comment on communist party didn't go well

The number of Americans filing new claims for unemployment benefits dropped to a 52-year low last week, suggesting economic activity was accelerating as a year ravaged by shortages, high inflation, and an unrelenting pandemic drawing to a close now.

United States third-quarter GDP growth revised up to 2.1%

Millions of Americans travel to visit their loved ones for the Thanksgiving holidays in the US. Airports and commercial airlines are registering busiest days since the pandemic began.

United States: Air travel to be busiest on Thanksgiving since pandemic began

Driven by strong demand and almost a decade after it stopped its services in India, American Airlines has started flying nonstop from JFK Airport to IGI Airport.

American Airlines bets on non-stop travel demand