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WEBDevdiscourse is a media platform for development stakeholders. Be it scanning the knowledge tides, doing stories on diverse developmental themes, approaches, policies, programs or sophisticated IT and big data analytics tools to catalyse the developmental landscape or simply facilitating discussions to rejuvenate intellectual energies – all ...
India cementing its position to become a formidable
WEBJun 2, 2024 · India is rapidly cementing its position as a formidable player in the global defence landscape. With the fourth largest defence budget in the world, India allocated USD 72.6 billion for the fiscal year 2023-24. According to Invest India data, this investment supports the world's second-largest armed force, comprising 1.45 million active personnel.
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US Supreme Court's Conservative Stance, Biden's Debate
WEB12 hours ago · The U.S. Supreme Court curbed federal regulatory agencies' power, aligning with conservative interests. Amid poor debate performances, top Democrats ruled out replacing President Joe Biden for the 2024 election. Biden's fundraising efforts signal continued campaign strength. Meanwhile, Trump's immunity bid and legal battles over the 2020 election persist.
Gambhir Set To Succeed Dravid as India Head Coach Amidst
WEB9 hours ago · The Indian cricket team is gearing up for a transition at the helm, as former opener Gautam Gambhir is expected to take over as head coach from Rahul Dravid for the upcoming limited-overs series in Sri Lanka. This announcement follows India's electrifying victory at the T20 World Cup. In his recent statements, BCCI Secretary Jay …
Dollar Declines as Inflation Data Looms: A Potential ... - Devdiscourse
WEBMay 28, 2024 · Against a basket of currencies, the dollar was down 0.20% to 104.44, for a 1.84% decline on a monthly basis. The euro was up 0.25% to $1.0885 despite some dovish comments from European Central Bank (ECB) policymakers on Monday and data showing German business morale stagnated in May. ECB's Francois Villeroy de …
Dollar Takes a Dip: Inflation Data Complicates Outlook
WEBMay 31, 2024 · The dollar experienced its first monthly decline in 2024 as U.S. inflation data matched expectations. The elevated price index suggests prolonged price increases, further complicating the Federal Reserve's rate-cut timeline. Euro zone inflation rose quicker than expected, while Japan's yen strengthened amidst market intervention. China's manufacturing activity also fell.
U.S. Economy Slows as Inflation Revisions Point to ... - Devdiscourse
WEBMay 30, 2024 · The U.S. economy grew at a slower pace in Q1 2023, with GDP increasing by just 1.3%. Revisions to consumer and equipment spending, along with a lower inflation measure, suggest the Federal Reserve may consider cutting interest rates. Job market strength and widened trade deficits further impact economic forecasts.
Global Equities Rebound Amid Modest Inflation Rise
WEBMay 31, 2024 · MSCI's global equities index staged an afternoon rebound on Friday as investors repositioned for month-end, while the dollar fell with Treasury yields as data showed a modest rise in U.S. inflation in April. After spending most of the session in the red, the MSCI All Country World Price Index turned positive ahead of a rebalance.
US Stock Market: Modest Gains Amid Anticipation of
WEB4 days ago · Major U.S. stock indexes ended with modest gains after a choppy trading session on Wednesday. Investors remain cautious ahead of a key inflation report and a presidential debate. Leading tech stocks like Apple and Tesla posted gains, while economic data expected this week will influence future market moves.
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