All You Need To Know By NDTV Profit

Jerome Powell says the FederalReserve would proceed carefully with interest rate cuts this year and likely will move at a considerably slower pace than the market expects; U.S. job market smashed expectations in January with a surprise hiring pick-up according to government data; Inadequate Know-Your-Customer procedures, which led to questionable transactions worth crores of rupees, was one of the major reasons for the Reserve Bank of India to impose stringent curbs on Paytm Payments Bank on January 31; Houthi rebels have promised to respond to U.S. and British-led airstrikes after dozens of targets of the Yemen-based rebel group were struck...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Interim Budget 2024 presented in the Parliament yesterday, and the Modi government delivered what many called a prudent, pragmatic spending plan; Byju's major investors call for Byju Raveendran, family's ouster from board; Bain Capital has earmarked $7 billion to invest in India over the next three to five years; U.S. equities gained on the back of strong earnings by tech giants...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Interim Budget will be announced today ahead of the general elections; In the U.S., the Federal Reserve decided to keep its policy rate unchanged at 5.25-5.50 in January, citing slowing economic activity, and easing but elevated inflation; Gross GST collections rose 10.4% year-on-year to Rs 1.72 lakh crore in January with the Finance Ministry saying the final collection for the month would be higher; RBI introduces further restrictions against Paytm Payments Bank after an external audit reported persistent non-compliances and continued material supervisory concerns in the bank...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

A day before the Union Budget, the IMF revised its forecast for India's growth to 6.7% in the current financial year, 40 basis points higher than its previous forecast; TCS signs a 15-year contract with Aviva to deploy the IT company's BaNCS-based platform to service 5.5 million Aviva customers; The NCLT has accepted a petition from Mad Men Film Ventures, a shareholder of Zee Entertainment Enterprises, regarding the merger with Sony Group Corp.'s Indian subsidiary that has been terminated; Saudi Arabia has resumed talks with the U.S. about forging closer defense ties after a pause following the start of the Israel-Hamas war...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

From today to Thursday, U.S. markets will see companies valued more than $10 trillion reporting their results - Microsoft, Alphabet, Meta Platforms, Amazon and Apple; Byju's set to raise $200 million through a rights issue at a steep valuation haircut; The U.S. wants cloud service providers like Amazon and Microsoft to identify foreign clients developing AI applications on their platforms; Elon Musk says the first human has received a brain implant from his startup Neuralink...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Nitish Kumar takes his party, the Janta Dal United, out of the Opposition alliance only to join hands with the BJP; Tensions escalate in West Asia as Iran-backed militants killed three U.S. service members and wounded 25 others in a drone attack near the Syrian border, the attack pushed crude prices higher; Deloitte's credibility takes a hit after the company missed a major fraud at Nigeria's Tingo Group; China will halt the lending of certain shares for short selling starting today...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

HDFC Bank may sell some assets on its loan book to release high-cost borrowings: Sources; Zee moves NCLT, seeks intervention to implement the merger with Sony;  Tata Steel returns to profit in the third quarter; Bajaj Auto’s net profit surges 37%; General Insurance Council announces ‘Cashless Everywhere’ initiative which would allow policyholders to obtain cashless redressal of claims at all hospitals; U.S. business activity expanded in January by the most in seven months…All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

S&P 500 rises to a fresh all-time high for the third session in a row; CCI approves Burman family's Religare Enterprises stake purchase; Axis Bank’s net profit rose 3.7% year-on-year for the third quarter; Netflix has acquired the exclusive rights to stream Raw, as well as other programming from WWE...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Sony confirms termination of merger with Zee; India cheers the consecration of the Ram Mandir in Ayodhya; BoJ is expected to keep its main monetary policy settings steady; The U.S. and U.K. launched new airstrikes against eight Houthi targets in Yemen…All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Some of the world's largest tech companies saw their share prices surge, taking the Nasdaq 100 to its all-time high overnight; The number of Americans filing for unemployment fell last week to the lowest level in nearly 1-1/2 years; Indian equities continue to see heavy selling with foreign institutional investors selling Rs 9,660 crore in yesterday's session; Sony Group has called for a board meeting today, where it is expected to take a call on the $10 billion merger of its India operations with Zee Entertainment; NSE emerges as the world’s largest derivatives exchange in 2023...All this and much more on your daily podcast by Alex Mathew and Agam Vakil.