2025-03-21Niranjan Ghatule
In a shocking turn of events, MMA superstar Conor McGregor has announced his candidacy for the Presidency of Ireland. Known for his dominance in the UFC and his larger-than-life personality, McGregor is now stepping into the political ring, vowing to “Make Ireland Great Again.”
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2025-03-20Niranjan Ghatule
Russia has increased its gold reserves to a record $217.4 billion as of March 1, 2025, with gold now comprising 34.4% of its total foreign exchange reserves. This move aligns with Russia’s long-term strategy of reducing reliance on Western currencies amid geopolitical tensions and sanctions.
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2025-03-20Niranjan Ghatule
This article analyzes the latest data from the New York Federal Reserve, highlighting a sharp decline in business activity, worsening economic sentiment, and rising inflationary pressures. It delves into the significant drops in key indices, including business expectations, climate conditions, and future employment
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2025-03-20Niranjan Ghatule
This article covers the recent decline in Infosys and Wipro ADRs following Accenture's weak Q2 FY25 earnings. It explains the business model relationship between Accenture and Indian IT companies, highlighting how Accenture’s performance serves as a leading indicator for the sector.
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2025-03-20Niranjan Ghatule
Accenture reported a 5.4% year-over-year (YoY) revenue growth in its Q2FY25 earnings, reaching $16.7 billion. The outsourcing segment continued to perform well, with 7.7% YoY growth, while consulting grew 3.3% YoY. The company also secured $20.9 billion in new bookings, including $1.4 billion from Generative AI projects.
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2025-03-19Niranjan Ghatule
This article provides a detailed analysis of Federal Reserve Chair Jerome Powell’s latest statement on March 19, 2025. It highlights the Fed’s cautious stance, acknowledging that while the economy remains strong, inflation is still somewhat elevated, partly due to new tariffs.
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2025-03-19Niranjan Ghatule
The U.S. Federal Reserve has decided to keep its benchmark interest rate unchanged at 4.50%, signaling a cautious approach to monetary policy amid persistent inflation concerns and a slowing economy. The central bank also lowered its 2025 growth forecast and raised its inflation outlook, reflecting economic uncertainty.
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2025-03-19Niranjan Ghatule
Retail investors are making aggressive moves in the stock market, with inflows into Nasdaq 100 stocks reaching 0.1% of market cap—the highest in over a year, according to Goldman Sachs Investment Research. This surge reflects a massive shift in sentiment, with retail investors pouring money into the markets at an unprecedented pace.
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2025-03-19Niranjan Ghatule
Amazon is set to lay off approximately 14,000 managerial employees in a cost-cutting move aimed at streamlining operations and improving efficiency. The layoffs, affecting about 13% of its management workforce, are part of CEO Andy Jassy’s strategy to reduce bureaucracy and optimize decision-making.
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