Global action at this hour – Here’s how Asian markets are trading – The Financial Express

Why this Wall Street strategist says investors should stick with U.S. stocks despite recession fears

Oppenheimer’s John Stoltzfus, the most bullish strategist on Wall Street with a target for the S&P 500 to hit 7,100 by the end of 2025, is standing firm, even as other strategists have cut their outlook for U.S. stocks. Source link

After Budget fires up hopes for a consumption boost, eyes on RBI for a double thrust

AIMPWAMarch 14, 2025

Consumption, particularly in urban markets, has been battered by high food inflation and low income growth in recent months, resulting in calls for the Reserve Bank of India to cut its policy rate to spur spending. The banking regulator in December maintained the repo rate at 6.5% for an 11th consecutive time. RBI’s monetary policy committee,...

These tax cuts and benefits could help caregivers in crisis — can they get through Congress?

AIMPWAMarch 14, 2025

The financial burden of caring for ailing loved ones could be eased through two bipartisan legislative proposals introduced this week. Source link

Budget 2025: Capex misses the mark, tax relief comes as an offset

AIMPWAMarch 14, 2025

The Centre has been the bulwark of investments over the past five fiscals, building out infrastructure to stoke and sustain long-term economic growth. After the Covid-19 pandemic, such investments have been the driver of overall capital formation. The Centre’s capex has risen continuously from 1.7% of gross domestic product (GDP) during fiscal 2016-2020 to 3.1%...

OpenAI and Microsoft’s ‘frenemies relationship,’ and what you missed at SXSW

AIMPWAMarch 14, 2025

This week, OpenAI inked a five-year, $11.9 billion deal with CoreWeave, the GPU-heavy cloud provider, securing its own AI computing pipeline—and a $350 million equity stake in the company. With CoreWeave’s pending IPO and deep ties to Microsoft, OpenAI’s deal marks a significant shift in the AI cloud wars. Today, on TechCrunch’s Equity podcast, hosts...