PM Modi inaugurates ‘Raising & Accelerating MSME Performance’ scheme

Prime Minister Narendra Modi on Thursday inaugurated the ‘Raising and Accelerating MSME Performance’ scheme at Vigyan Bhawan in the national capital. According to Prime Minister’s Office (PMO), the scheme has outlay of around Rs 6,000 crore. The scheme aims to scale up the implementation capacity and coverage of … Read more

Analysts say the Fed has no choice but to continue raising rates By Cointelegraph

Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates As economic conditions continue to worsen, financial experts worldwide are increasingly placing the blame at the feet of the United States Federal Reserve after the central bank was slow to respond to rising inflation early on. Financial markets are … Read more

Live news: Zoom shares jump after raising full year outlook

Zoom said it was still benefiting from the hybrid work trend © Getty Images Shares in Zoom Video Communications leapt higher after the company boosted its earnings outlook for the current fiscal year and said it was still benefiting from the hybrid work trend. The videoconference company raised its full year adjusted net income to … Read more

Yellen Rejects Idea of Fed Raising 2% Inflation Target

Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Christopher Condon Article content (Bloomberg) — Treasury Secretary Janet Yellen rejected any idea that the Federal Reserve and its counterparts should boost their inflation targets given the importance of stable price expectations at a time when living costs are surging. “I don’t immediately see … Read more

US Set to Block Russian Debt Payments, Raising Odds of Default

(Bloomberg) — The Biden administration is poised to fully block Russia’s ability to pay US bondholders after a deadline expires next week, a move that could bring Moscow closer to the brink of default. Most Read from Bloomberg The Treasury Department’s Office of Foreign Assets Control is expected to let a temporary exemption lapse once … Read more

Verizon Joins AT&T in Raising Wireless Prices as Inflation Bites

(Bloomberg) — Verizon Communications Inc. will raise prices on its wireless bills for the first time in two years as the largest US wireless carrier grapples with higher costs. Most Read from Bloomberg Millions of consumers will see a $1.35 increase in administrative charges for each voice line starting in their June phone bill. And … Read more

Nutrien reiterates potential for raising potash production in supply crunch (NYSE:NTR)

Srinuan Hirunwat/iStock via Getty Images Nutrien (NYSE:NTR) is weighing the possibility of increasing its potash production in the coming years to address the global shortfall, Bloomberg reported Thursday. The world’s largest fertilizer company already is raising production by 1M tons this year to a total of 15M tons, and Chief Strategy Officer Mark Thompson told … Read more

Mehbooba raising communal frenzy for petty political gains, says BJP

Taking a dig at PDP chief Mehbooba Mufti for her remarks on the country’s economy, the Jammu and Kashmir BJP said on Wednesday she was raising communal frenzy for petty political gains and to provoke people. Targeting the central government, the former J and K chief minister said the Sri … Read more