News Muncher - searching for softening

1 week ago

India’s petroleum exports plunge amid weak global demand, Red Sea disruptions

New Delhi: Exports of petroleum products took a hit in November, weighed down by sluggish demand in developed economies, a rise in domestic consumption and a significant decline in cheap petroleum imports from Russia. Compounding the issue, India’s imports of Russian crude oil in November fell to their lowest levels since June 2022, according to a recent report from the …

India Europe Oil Exports Imports Petroleum Demand

1 week, 6 days ago

US Oil Exports to China Dwindle as Demand Wanes, Buying Shifts

Live Mint

-- US crude exports to China plunged by almost half this year as shifts in the nation’s economy weighed on demand and the country buys more barrels from countries including Russia and Iran. Exports of US oil to China plunged to 81.9 million barrels over the course of the year, down 46% from 150.6 million barrels last year, according to …

China Russia Crude Oil Exports Us Oil Us Crude Kpler Data

2 weeks, 3 days ago

The Container Store files for bankruptcy, vows to keep stores operating as normal

NPR

The Container Store files for bankruptcy, vows to keep stores operating as normal toggle caption Smith Collection/Gado/Getty Images The Container Store — once the premier hub for all things storage and organization — filed for bankruptcy amid mounting debt. In a company statement, the Container Store said the bankruptcy process will have no impact on customers. During the earnings call …

Container Bankruptcy Store

2 weeks, 5 days ago

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar

The Hindu

The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 against the U.S. dollar on Friday, on softening of the U.S. dollar index and a potential intervention by the Reserve Bank of India. On Thursday, the rupee depreciated 19 paise and breached the crucial 85 level to close at a fresh all-time …

Fed Rbi Low Rupee Gains 10 Paise Lower Levels

Surge in wages means beleaguered borrowers must wait for interest rates cut

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Bank of England is …

Bank Interest Rates Interest Cent Rate Cut Rates

4 weeks ago

Retail inflation data today. 3 things you should know

India Today

The retail inflation data for November is set to be released on Thursday, and all eyes are on the figures after October’s inflation rate climbed to a 14-month high, owing to a rise in food prices, especially vegetable prices. OCTOBER’S INFLATION BREACHES RBI TOLERANCE LEVEL In October, inflation rose to 6.2%, surpassing the Reserve Bank of India's upper tolerance threshold …

Food Inflation Prices Rbi Food Prices Retail Inflation

1 month ago

RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25

India TV News

The Reserve Bank of India on Friday slashed its growth projection for the current fiscal year 2024-25 to 6.6 per cent from its earlier estimate of 7.2 per cent, citing a slowdown in economic activity and persistent high food prices. RBI cuts CRR to 4 per cent Meanwhile, to ease the potential liquidity stress, the Reserve Bank also slashed the …

Inflation Pti Cent Rbi Das Crr Shaktikanta Das

1 month ago

Govt scraps windfall tax on local crude sales, petroleum product exports

Live Mint

New Delhi: The Union government on Monday scrapped the windfall tax on the sale of domestic crude oil and the export oaviation turbine fuel. The windfall tax was imposed in 2022 as oil prices surged to multi-year highs following Russia's invasion of Ukraine, allowing oil and gas producing companies to make massive profits. Prashant Vasisht, senior vice president and co-group …

Tax Fuel Prices Oil Prices Zero Petrol Windfall Tax

Notre Dame Cathedral unveils its new interior 5 years after devastating fire

LA Times

The 12th century Notre-Dame de Paris cathedral’s limestone walls look brand new, cleaned not only of dust from a devastating fire but also of grime that had accumulated for centuries. After more than five years of frenetic, but sometimes interrupted, reconstruction work, Notre Dame Cathedral showed itself anew to the world Friday, with rebuilt soaring ceilings and bright stonework softening …

Paris Notre Dame Dame Cathedral Notre Devastating Fire

1 month, 1 week ago

Starmer may be ‘softening’ on Labour’s ‘tractor tax’, NFU president claims

The Independent

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. After a meeting in No 10 with the prime minister on Monday, NFU president Tom …

Family Policy Tax Labour Budget Farmers Changes

1 month, 2 weeks ago

FTSE 100 lifts to month-high amid strong banking stocks

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Banks were among the top performers in London, with …

London 100 Higher Ftse Kingfisher

1 month, 2 weeks ago

Finance Ministry ‘cautiously optimistic’ on India’s economic outlook; geopolitical fragility remains a concern

Live Mint

India's economic outlook for the coming months will be ‘cautiously optimistic’, with the agriculture sector benefiting from favourable monsoon conditions, according to the Monthly Economic Review for October 2024 released by the Ministry of Finance's Department of Economic Affairs. “Moving forward, India's economic outlook for the coming months is cautiously optimistic, with agriculture likely to benefit from favourable monsoon conditions, …

India Inflation Economic Ministry Export Mer Support Price

1 month, 2 weeks ago

India Expects Relief in Food Inflation with Strong Kharif Harvest

Deccan Chronicle

As per the report, India’s retail inflation jumped to 6.21 percent in October, a 14-month high, driven by elevated food inflation in a few vegetables. A bumper kharif harvest is expected to lower food inflation in the coming months," it said, adding that a favourable monsoon, adequate reservoir levels and higher minimum support prices are likely to boost rabi sowing …

India Food Inflation Report

1 month, 2 weeks ago

Northvolt’s bankruptcy and the EV crash

Live Mint

Electric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 job cuts in Europe because of the government-mandated EV transition. Ford last week said Europe needs more “public investments in charging infrastructure" and “meaningful incentives to help consumers make the shift." Public …

Europe Auto Ford Northvolt

1 month, 2 weeks ago

"The View's" Alyssa Farah Griffin says she's rooting for a "smart" Donald Trump presidency

Salon

In a segment of "The View" on Monday, the show's resident Republicans — former Donald Trump White House aide Alyssa Farah Griffin and former Republican strategist Ana Navarro — came head to head in a discussion on Trump, with Navarro questioning Griffin's credibility in the wake of a perceived softening of tone toward the president-elect now that he's approaching his …

Trump Donald Trump Griffin Navarro

1 month, 2 weeks ago

Shh! Anti-agers no one but you need know about... Restore shine to parched hair

Daily Mail

Q Now I’m 70, I know I’m very lucky to have a thick head of hair, but it’s annoyingly very coarse and excessively dry. Hair essentials : Gallinee Hair Cleansing Cream, £16 ; Beauty Pie Healthy Hydration Conditioner, £14 for members Inde Wild Champi Hair Oil, £29 Beauty expert Inge Van Lotringen recommends an in-and-outside approach to tackling dry hair …

Oil Hair Restore Shine

1 month, 3 weeks ago

High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years

CNN

New York CNN — Americans are shelling out 22% more for groceries compared to when President Joe Biden took office in January 2021, according to October Consumer Price Index inflation data. “That’s going to bring down prices of everything.” Weekly US crude oil production just hit a new record of 13.5 million barrels per day, according to federal data dating …

Food Climate Change Trump Prices Cnn Vote Tariffs

1 month, 3 weeks ago

High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years

CNN

New York CNN — Americans are shelling out 22% more for groceries compared to when President Joe Biden took office in January 2021, according to October Consumer Price Index inflation data. “That’s going to bring down prices of everything.” Weekly US crude oil production just hit a new record of 13.5 million barrels per day, according to federal data dating …

Food Climate Change Trump Prices Cnn Vote Tariffs

1 month, 3 weeks ago

Richard Clarida on What Comes Next for the Federal Reserve

Bloomberg

Last week the Federal Reserve opted to cut interest rates by 25 basis points, which was what the market expected it to do. Inflation has been softening this year, but there’s a sense that this trend could turn — especially with the Trump administration coming in after the new year. All of this raises the question of what the Fed …

Trump Fed

1 month, 3 weeks ago

Higher fibre prices worry apparel, home textile makers as demand improves

Deccan Chronicle

Chennai: Apparels and home textiles are hopeful about robust demand in the international market, especially the US. Similarly, home textiles segment is set to grow by 6-8 per cent this fiscal, riding on resilient demand from the US and expansion in the domestic market, finds Crisil. Home textiles derive 70-75 per cent of its revenue from exports and the US …

Market Indian Prices Cotton Cent Higher Msp

1 month, 4 weeks ago

Multibagger Stock: CCL Products gains 126% in 2.5 years, 2540% in 11 years. Is it still a buy?

Live Mint

Multibagger Stock: CCL Products, engaged in the production, trading, and distribution of coffee, has witnessed a remarkable surge in its share price over recent years, setting new milestones and breaking record highs. Despite facing significant challenges—such as rising green coffee prices, intense competition, and supply chain disruptions due to geopolitical issues—CCL Products managed to achieve healthy volume growth and maintain …

India Vietnam Growth Products Coffee Company Stock

1 month, 4 weeks ago

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?

Live Mint

The Indian rupee hit a record low on Monday against the US dollar, reflecting broader weakness among Asian currencies under pressure following Donald Trump’s victory in the U.S. elections. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher by 0.05% at 105.05, near the four-month peak achieved last week following Trump’s win. …

India Trump Indian Pressure Donald Trump Indian Equities Low

1 month, 4 weeks ago

Rupee falls to all-time low of 84.38 against US dollar

Deccan Chronicle

The rupee slipped 1 paisa to an all-time low of 84.38 against the US dollar in early trade on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows.At …

Billion Foreign Low Rupee Usd Us Dollar

1 month, 4 weeks ago

Rupee may depreciate 8-10 per cent during Trump 2.0, says SBI report

New Indian Express

NEW DELHI: The rupee may depreciate 8-10 per cent against the US dollar during the Trump 2.0 regime, said a SBI research report, even as the local currency hit its all-time low on Monday. The report, titled US Presidential Election 2024: How Trump 2.0 Impacts India's and Global Economy, emphasised that the rupee can have a brief spell of depreciation …

India Trump Low Rupee Sbi

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Search results for softening

India’s petroleum exports plunge amid weak global demand, Red Sea disruptions

US Oil Exports to China Dwindle as Demand Wanes, Buying Shifts

The Container Store files for bankruptcy, vows to keep stores operating as normal

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar

Surge in wages means beleaguered borrowers must wait for interest rates cut

Retail inflation data today. 3 things you should know

RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25

Govt scraps windfall tax on local crude sales, petroleum product exports

Notre Dame Cathedral unveils its new interior 5 years after devastating fire

Starmer may be ‘softening’ on Labour’s ‘tractor tax’, NFU president claims

FTSE 100 lifts to month-high amid strong banking stocks

Finance Ministry ‘cautiously optimistic’ on India’s economic outlook; geopolitical fragility remains a concern

India Expects Relief in Food Inflation with Strong Kharif Harvest

Northvolt’s bankruptcy and the EV crash

"The View's" Alyssa Farah Griffin says she's rooting for a "smart" Donald Trump presidency

Shh! Anti-agers no one but you need know about... Restore shine to parched hair

High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years

High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years

Richard Clarida on What Comes Next for the Federal Reserve

Higher fibre prices worry apparel, home textile makers as demand improves

Multibagger Stock: CCL Products gains 126% in 2.5 years, 2540% in 11 years. Is it still a buy?

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?

Rupee falls to all-time low of 84.38 against US dollar

Rupee may depreciate 8-10 per cent during Trump 2.0, says SBI report