US labour market stumbles in November: Unemployment rate climbs to 4.6% despite addition of 64,000 jobs; highest since 2021

[ad_1] AI image (Representative) US saw a significant cutdown in jobs in November, marking a record unemployment high since 2021. It gained 64,000 jobs in November, over October’s loss of 105,000 positions, primarily due to federal workforce reductions under the Trump administration. The unemployment level increased to 4.6%, reaching its peak since 2021.The Labour Department’s…

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Russia hit with fresh sanctions! European Union adds firms tied to Moscow’s shadow fleet to list; bans oil traders with connections

[ad_1] The European Union has expanded its sanctions list on entities connected to Russia’s oil trade, with a new round of measures aimed at traders and shipping networks accused of enabling Moscow to continue crude exports despite Western restrictions.The new sanctions name oil traders Murtaza Lakhani and Etibar Eyyub, who, according to EU, were involved…

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Bumper returns from HAL! This defence PSU stock emerges ‘most consistent’ and ‘all-round’ wealth creator in last 5 years; check top 10 list

[ad_1] HAL is also the ‘Best All-round Wealth Creator’stock. (AI image) Hindustan Aeronautics or HAL has emerged as the most consistent and all-round wealth creator stock in the span of the last five years, according to a new report by Motilal Oswal Financial Services Limited. The defence Public Sector undertaking (PSU) stock has outperformed the…

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Gold price today: How much yellow metal costs in Delhi, Mumbai and other cities? Check rates for 18K, 22K and 24K gold

[ad_1] Gold prices declined in futures trade on Tuesday as traders booked profits and turned cautious ahead of the outcome of the US non-farm payrolls report, which is expected to offer fresh cues on the US Federal Reserve’s interest rate path. On the Multi Commodity Exchange (MCX), gold futures for February delivery slipped by Rs…

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Third largest economy soon! PM Modi highlights India’s growth story in Jordan – growth above 8%

[ad_1] PM Modi on Tuesday highlighted India’s economic growth and said that the country is poised to become the third largest economy. Speaking at the India-Jordan Business meet, PM Modi further added that this economic momentum provides a range of opportunities for global partners. “You all know that India is moving towards becoming the world’s…

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Business growth slows December: HSBC Composite PMI drops to 58.9; softest output growth since February

[ad_1] ​Based on the HSBC Flash India Composite Output Index, the private sector saw robust business activity. (AI image) Business activity in India moderated in December, with the HSBC PMI Composite Index that measures India’s manufacturing and service sectors’ combined output, came in at 58.9, dropping from November’s 59.7. Despite this reduction, the index remained…

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