US stocks fall to close out best two-year stretch since 1998
Financial Express Kolkata|January 02, 2025
US STOCKS DECLINED in the final session of the year but still closed out the best two-year run since 1998.
Natalia Kniazevich

The S&P 500 Index fell 0.4% in its fourth down day, the longest losing streak to end a year since 1966. The Nasdaq 100 declined 0.9% and the Dow Jones Industrial Average fell 0.1%. The Russell 2000 Index rose 0.1%.

S&P 500 Index has surged 23% this year, stoked mostly by the hype around artificial intelligence breakthroughs. But gains slowed in the final quarter of the year, as the pace of the rally raised concerns and investors grew jittery about factors such as President-elect Donald Trump's protectionist policies and the possibility of fewer interest-rate cuts from the Federal Reserve.

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Financial Express Kolkata

SC Refuses to Hear Plea on Cancellation of BPSC Exam

THE SUPREME COURT on Tuesday refused to entertain a plea seeking the cancellation of the 70th Combined Competitive Exams (preliminary) conducted by the Bihar Public Services Commission (BPSC) on the grounds of an alleged paper leak and told the petitioner that he should have first approached the Patna High Court.

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January 08, 2025
Financial Express Kolkata

Delhi Votes on Feb 5

● Bypolls in Milkipur in UP & Erode in TN are also scheduled

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January 08, 2025
Financial Express Kolkata

Mandi prices of pulses near MSP

MANDI PRICES OF several varieties of pulses — tur, urad and moong — are ruling close to the minimum support price (MSP) due to the arrival of kharif harvest and robust imports, trade sources said.

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January 08, 2025
Financial Express Kolkata

Fintech Firms Need to Boost Digital Payment Infra: Nagaraju

NOTING THAT THE digital payment infrastructure plays a crucial role in the fintech industry's expansion, financial services secretary M Nagaraju on Tuesday said fintech firms need to improve digital payment systems in rural regions and encourage lending based on digital footprints for micro, small and medium enterprises (MSMEs).

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1 min  |
January 08, 2025
Financial Express Kolkata

NSDC starts pan-India survey to identify gaps in skill initiatives

TO DESIGN GOVERNMENT schemes better and to aid organisations in mapping the demand-supply gap of skilled manpower, the National Skill Development Corporation (NSDC) has begun a pan-India survey with consumer intelligence firm Axis My India.

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1 min  |
January 08, 2025
Financial Express Kolkata

10 mn farmers get digital IDs linked to land records

To develop a database of farmers which is linked to their land records, the agriculture ministry, in collaboration with states, has provided digital IDs to 10 million farmers across 10 states as on Tuesday, according to a senior official.

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1 min  |
January 08, 2025
Financial Express Kolkata

Petroleum product exports rise 3%

INDIA'S EXPORTS OF petroleum products in December increased by 3.1% to 1.37 million barrels per day against 1.33 million barrels per day in the corresponding period of 2023-24, according to data from energy cargo tracking firm Vortexa.

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January 08, 2025
Financial Express Kolkata

Economists Say Consumption Growth Estimate Optimistic

● Slack in urban demand persisting

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January 08, 2025
Financial Express Kolkata

New safety features for heavy vehicles soon

● Minister says need to consider limiting drivers' working hours

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Financial Express Kolkata

ICC explores two-tier Test cricket system

ICC chief Jay Shah will meet Cricket Australia chair Mike Baird and his England counterpart Richard Thompson to discuss the finer points

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January 07, 2025