Dashboard

Financial News

CME Group Inc. $CME Shares Acquired by Bearing Point Capital LLC
americanbankingnews22d ago

CME Group Inc. $CME Shares Acquired by Bearing Point Capital LLC

Bearing Point Capital LLC increased its position in CME Group Inc. (NASDAQ:CME – Free Report) by 12.6% in the fourth quarter, Holdings Channel reports. The firm owned 34,881 shares of the financial services provider’s stock after purchasing an additional 3,898 shares during the quarter. CME Group accounts for 1.5% of Bearing Point Capital LLC’s holdings, [...]

#CRYPTO
RBI likely to keep repo rate unchanged in June policy meet: SBI report
sambadenglish22d ago

RBI likely to keep repo rate unchanged in June policy meet: SBI report

New Delhi: The Reserve Bank of India (RBI) is likely to hold repo rate hike in its June monetary policy meeting and must use short-term rates and nudging to manage the pressure on the domestic currency, an SBI Research report said on Sunday. “Our call is along ‘hold the rates’ with a data-driven future dependency. However, an inflation targeting central bank can always use interest rate tools like operation twist that addresses market microstructure,” the report suggested. It projected GDP growth at 6.6 per cent for FY27. However, with the continued geopolitical uncertainties, the numbers will be revised as more data comes in, the report mentioned. The report expected Q4 FY26 real GDP growth at closer to 7.2 per cent and FY26 GDP growth likely to be at 7.5 per cent. Going by the growth-inflation spiral, CPI trajectory (as of now) may indicate more than 5.0 per cent inflation for the next three quarters (current quarter at 4.0 to 4.1 per cent). “FY27 CPI inflation projections are currently at 5 per cent with risks tilted to upside, though well under RBI’s target range,” said the SBI report. Despite strong macro fundamentals, rupee is depreciating much more compared to other currencies. “Therefore, there is a need for augmented intervention by the RBI. Also, India’s forex reserves are optimally sufficient to combat the unidirectional slide of rupee, while aiming to curb excess/undesired volatility concomitantly as the prime aim. There is a clear felt need for a comprehensive BOP package,” the report noted. With no trust woven in ongoing ‘peace’ talks in West Asia, the risk premium can remain detached from the underlying going forward, taking a toll on Crude prices that could be trading above $90 for major parts of the 2026. “Mathematically, excise duty on diesel and petrol need to be reduced by Rs 5 to cover the OMC loss completely from the current levels, otherwise domestic fuel prices need to be further increased by Rs 6 from current levels,” the report said. (IANS)

#FOREX
Top Crypto Price Predictions: NEAR vs HYPE vs BlockchainFX
openpr22d ago

Top Crypto Price Predictions: NEAR vs HYPE vs BlockchainFX

As top crypto assets capture headlines, NEAR, HYPE, and BlockchainFX are sparking intense crypto price prediction debates among investors seeking the next major breakout. With markets shifting rapidly, these projects represent different stages of development, from established protocols to innovative

#FOREX
gaadiwaadi22d ago

3 New Compact SUVs With A Hybrid Powertrain In The Pipeline

GaadiWaadi - Following mid-size SUVs over the recent years, compact SUVs to start getting fuel-sipping electrification tech from next year Hybrid powertrains have started becoming a popular choice among SUVs in India following the arrival of the Toyota Urban Cruiser Hyryrder, Maruti Grand Vitara, and Maruti Victoris. While currently their availability is mainly to the mid-size segment, [...] The post 3 New Compact SUVs With A Hybrid Powertrain In The Pipeline appeared first on Gaadiwaadi.com - Latest Car & Bike News by Team GaadiWaadi .

#ECONOMY
Germany’s embattled nightlife scene welcomes plan to reclassify clubs
theguardian22d ago

Germany’s embattled nightlife scene welcomes plan to reclassify clubs

There is hope that a change to building regulations could resurrect music clubs, which have been hit by rising rents, social shifts and noise disputes A move by the German government to reclassify nightclubs to distinguish them from amusement and adult entertainment facilities could give a much-needed boost to the country’s struggling nightlife, industry advocates say. Under a fundamental change to building regulations approved by Friedrich Merz’s cabinet last week, nightclubs will be formally recognised as providing cultural and artistic value, making it more difficult for developers to evict venue operators in favour of new construction. Continue reading...

#ECONOMY