IT hiring in India revived in July: Naukri JobSpeak Index
IT hiring returned to growth with a 6% rise in July after June’s decline, while AI jobs jumped 33%. Overall white-collar hiring grew 5%, led by insurance, real estate and healthcare.
Category: Business News & Economy
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Is an online degree valid for corporate jobs? UGC guidelines and DY Patil online credibility
Are online degrees accepted by employers? A look at the validity of online degrees for corporate jobs, UGC guidelines, and the credibility of DY Patil Online, alongside UGC-DEB entitlement, NAAC A++ accreditation, and industry-recognised programmes.
US Treasury yields fall as oil slides on Iran deal hopes, Fed hike bets ease
On Tuesday, US Treasury yields saw a decline following a sharp drop in oil prices. As optimism regarding a resolution to the Iran conflict grew, inflation worries lessened. Consequently, traders adjusted their predictions for a Federal Reserve interest rate increase in September, leading to significant reductions in two-year and ten-year Treasury yields. The Treasury Department…
Jefferies gets new evidence of fake invoices at beleaguered fund tied to iron ore trader
The discovery of fake invoices related to Sapphire Minmetals by Jefferies Financial Group has intensified scrutiny over the financial reports of Radiant World. This revelation has led the bank to reevaluate its investment exposure to both iron ore traders, as recent losses incurred from receivables finance have been troubling for many banks and investors. In…
Dow Jones| Nasdaq | US Stock Market Today | Live: Dow surges 1,000 points to a fresh record high on upbeat AI earnings outlook
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
US Fed’s Anna Paulson keeps ‘open mind’ on rate decisioin as inflation remains too high
Philadelphia Fed President Anna Paulson remains open-minded regarding monetary policy. She views recent inflation data as a welcome but insufficient step. Paulson supports keeping interest rates unchanged for now. Underlying inflation pressures remain elevated and are her primary focus. She believes policy should address persistent price pressures if needed.
Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq jumps 2% as tech stocks power Wall Street rally on Iran peace hopes
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Apollo Global debt deal fees and insurance earnings rise, asset sales drag
Apollo Global Management has posted unprecedented fees from its lending and insurance sectors, though asset sales fell short, resulting in a stock price decline. The company wisely postponed certain divestitures in response to market conditions, while notching up quarterly records in both fee-related and spread earnings. With an upcoming focus on enhancing transparency and liquidity…
Spotify’s higher spending on marketing, AI features to hit profit
Spotify anticipates that increased marketing and development expenditures will adversely affect profits in the current quarter. The platform forecasts its third-quarter monthly active users to fall short of Wall Street’s expectations, a decline attributed to product changes in emerging markets. To counteract this, Spotify is investing significantly in AI features aimed at attracting and retaining…
Drugmaker Pfizer beats earnings estimates, targets $2.5 billion in additional cost cuts
Pfizer has reported impressive second-quarter earnings, driven by the success of Eliquis and newly acquired pharmaceutical products. The company is planning $2.5 billion in cost-saving measures expected to be in place by 2029. With a focus on innovative treatments, Pfizer aims to reduce reliance on older, high-grossing medications and looks forward to a notable growth…