India Says ‘Not Today, Inflation!’ Keeps Interest Rates Unchanged in the Face of a Slowing Economy

Keeping India’s Economy in Check: The RBI’s Interest Rate Decision What Happened? India’s central bank, the Reserve Bank of India (RBI), decided to maintain the benchmark interest rate at 6.50% in an effort to balance the country’s rising inflation with its economic growth. This move was in line with economists’ expectations, as India’s consumer prices…

Read More

Uncovering the Latest Earnings Insights: Consumer Resilience, AI Advancements, and Supply Chain Shifts in Q3-24

Consumer Resilience and NVIDIA’s AI Advancements The Strength of Consumer Resilience Consumer resilience remains strong, driven by higher-income demographics prioritizing experiences over material goods. With stable employment and strategic retail value propositions, consumers are adapting to changing market dynamics. The ability to bounce back from challenges and continue spending on experiences highlights the adaptability and…

Read More