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US economy sees 2.8% growth as consumer spends rise

by October 31, 2024 0 In Most Recent Stories
The US economy showed strong growth in Q3, driven by increased household spending and higher federal defense expenditure. Inflation-adjusted GDP grew at an annual rate of 2.8%, with consumer spending rising 3.7%. These figures reflect solid domestic demand as the Federal Reserve eases its stringent monetary policies, just ahead of the upcoming election. Read More

Capgemini cuts revenue forecast

by October 31, 2024 0 In Most Recent Stories
French IT services company Capgemini’s revenue declined by 1.6% in constant currency for the quarter ending September, bringing total revenue to 5.4 billion euros. The company revised its annual revenue estimate to a decline of 2% to 2.4%, and adjusted its margin guidance to 13.3-13.4%. Read More

‘Vettaiyan’ box office collections day 21: Rajinikanth’s action drama collects Rs 251.1 crores

by October 31, 2024 0 In Most Recent Stories
Rajinikanth’s action drama film ‘Vettaiyan’ has made Rs 251.1 crores worldwide in 21 days. The film, featuring Amitabh Bachchan and Fahadh Faasil, received mixed reviews. The India Net collections stand at Rs 146.28 crores, with Tamil Nadu contributing Rs 123.52 crores. The movie includes a notable performance by Fahadh Faasil and a rousing background... Read More

Core sector growth back in black, cement leads

by October 31, 2024 0 In Most Recent Stories
Growth in India’s core sector rebounded in September with significant contributions from cement and electricity. The sector grew by 2%, recovering from August’s 1.6% contraction. Cement production hit a six-month high. Data also indicated a narrowed fiscal deficit supported by robust tax revenues and RBI’s dividend payment. Read More