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Surging interest rates and waning financing options threaten a “lost decade” for poor countries.

The National Labor Relations Board says the locations were closed because of union organizing, violating federal law.

The relatively few number of rate cuts forecast for 2024 suggest that the officials think high borrowing rates will still be needed for most of next year to further slow spending and inflation.

The Fed has already yanked its main interest rate from nearly zero to more than 5.25%, its highest level since 2001

According to Axis Securities, Ultratech is set to post CAGR of 12% in revenue, 21% in EBITDA, and 30% in adjusted profit after tax (APAT) over the period from FY23 to FY26

Options data suggested that 21,000-21,100 may act as resistance levels in near-term, with support at 20,800-20,900 levels

Nifty, Sensex closed marginally higher on December 13, with late buying in power, realty, pharma and auto stocks offsetting losses in IT, metal, and oil gas

The company said that it aims to meet its entire electricity requirement through renewable sources by 2050, as part of its RE100 commitment. Additionally, as a member of EP100, the company seeks to double its energy productivity.

In a statement, the bank said the lender will shortly integrate its system with the railways ministry to operationalise the pension disbursement process.

The availability of skilled manpower, equal treatment to all investors, and the aspirational young population are also some of the key reasons for investing in India, the minister added.