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World Economic Forum: India's International Confidence Hits High, Says RBI Governor

World Economic Forum: India's International Confidence Hits High, Says RBI Governor

Thu, Jan 18, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at the World Economic Forum 2024, highlighted a surge in international confidence towards India. He cited the National Statistics Office (NSO) revising India's FY23 growth projection to 7.3%, surpassing the RBI's own 7% estimate, as evidence of this positive sentiment. Additionally, Das expressed optimism for FY24, stating he "senses" India's GDP growth will reach 7%.

IPO Boom: A Sneak Peek into the Next 2 Months of Market Buzz! ₹12,000 Cr Worth of IPOs Opening Soon!

IPO Boom: A Sneak Peek into the Next 2 Months of Market Buzz! ₹12,000 Cr Worth of IPOs Opening Soon!

Mon, Dec 11, 2023

IPO market continues to be bright: IPOs are out in the next 2 months, IPOs worth up to ₹ 12,000 Cr will open, more than 1 dozen IPOs till the budget, keep an eye on which upcoming IPOs - know from @Nupurkunia...

India 360: India's economic growth rate increased by 7.6% in the second quarter. Zee Business

India 360: India's economic growth rate increased by 7.6% in the second quarter. Zee Business

Sat, Dec 02, 2023

India GDP: भारत की आर्थिक विकास दर दूसरी तिमाही में 7.6% बढ़ी है, ऐसा इसलिए क्योंकि फेस्टिव सीजन के दौरान भारत में जबरदस्त कारोबार हुआ था.

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Global Markets: Stocks climb, dollar dips in wake of U.S. payrolls report

Fri, May 03, 2019

Global equity markets climbed on Friday, buoyed by a U.S. payrolls report that blew past expectations, while the dollar weakened after comments on inflation from some Federal Reserve officials.

Fed's Bullard says he is open to rate cut if inflation stays low

Fri, May 03, 2019

The Federal Reserve may need to cut interest rates to boost inflation and regain credibility if inflation remains sluggish beyond the second quarter, St. Louis Federal Reserve Bank President James Bullard said on Friday.

Cyclone Fani: Telecom department reviews network services of telcos

Fri, May 03, 2019

The telecom department on Friday reviewed services provided by four operators - Bharti Airtel, Vodafone Idea, Reliance Jio and state-owned BSNL - in areas affected by cyclone Fani, according to official sources.

Akzo Nobel India standalone Q4 profit at Rs 70.34 cr

Fri, May 03, 2019

Coatings company Akzo Nobel India Friday reported a standalone net profit of Rs 70.34 crore from continuing operations for the quarter ended March 31, 2019.

Buffett says Berkshire Hathaway, finally, has invested in Amazon.com - CNBC

Fri, May 03, 2019

Warren Buffett said Berkshire Hathaway Inc has bought shares of internet retailing giant Amazon.com Inc for the first time, though he has not been the one doing the buying, CNBC reported on Thursday.

Asian markets calm as investors await U.S. jobs report

Fri, May 03, 2019

Asian share markets were subdued on Friday amid thin holiday trade although the dollar found support as investors pared expectations for a U.S. rate cut this year while oil prices loitered near one-month lows on oversupply fears.

Tesla ends 'Spartan diet' and seeks $2.3 billion to fund expansion

Fri, May 03, 2019

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company`s ability to overcome a drop in sales and build new product lines.

CORRECTED - Tesla ends 'Spartan diet' and seeks $2.3 billion to fund expansion

Fri, May 03, 2019

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company`s ability to overcome a drop in sales and build new product lines.

Sinclair to buy Disney's sports networks in $10 billion deal - WSJ

Fri, May 03, 2019

Sinclair Broadcast Group Inc, the largest U.S. broadcast station owner, has reached a deal valued at more than $10 billion to buy 21 regional sports networks from Walt Disney Co, the Wall Street Journal reported on Thursday.

Tesla ends 'Spartan diet' and seeks $2.3 billion to fund expansion

Fri, May 03, 2019

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company`s ability to overcome a drop in sales and build new product lines.

U.S. prosecutors seek to disqualify Huawei defense lawyer - filing

Fri, May 03, 2019

U.S. prosecutors on Thursday filed a motion to disqualify the lead defense lawyer for Huawei Technologies Co Ltd from the case accusing the Chinese company of bank fraud and sanctions violations, according to a filing in U.S. District Court in Brooklyn, New York.

Tesla ends 'Spartan diet,' seeks up to $2.3 billion from share, debt issues

Fri, May 03, 2019

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company`s ability to overcome a drop in sales and build new product lines.

Wall St. slips as energy drops, investors digest Fed comments

Fri, May 03, 2019

U.S. stocks eased further from recent record highs on Thursday as energy shares dropped along with oil prices and investors continued to digest comments by Federal Reserve Chairman Jerome Powell.

Canadian dollar delinks from Wall Street as domestic risks threaten

Fri, May 03, 2019

The Canadian dollar is losing its usual tight link to the performance of U.S. stocks as investors pay more attention to domestic economic headwinds than signs of improved prospects for the U.S. economy.

Verizon looking to sell Tumblr - WSJ

Fri, May 03, 2019

Verizon Communications Inc is seeking a buyer for its blogging website Tumblr, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Wall St. eases as investors digest Fed comments

Fri, May 03, 2019

U.S. stocks eased further from recent record highs on Thursday as investors digested comments from Federal Reserve Chairman Jerome Powell the previous day that dampened some investor hopes of an interest rate cut this year.

Drug company founder, executives convicted of bribe scheme that fuelled U.S. opioid epidemic

Fri, May 03, 2019

The founder of Insys Therapeutics Inc and four colleagues were found guilty on Thursday of bribing doctors to prescribe the drugmaker`s addictive painkiller, helping to drive the U.S. opioid drug abuse crisis.

Label problem caused China's suspension of two Canadian pork shippers

Thu, May 02, 2019

China`s suspension of two Canadian pork exporters` permits was due to a labelling problem, Canada`s agriculture minister said, adding that she was hopeful of it being resolved.

Trump administration to relax offshore safety rules sparked by 2010 Gulf oil spill

Thu, May 02, 2019

The Trump administration unveiled on Thursday its final plan to roll back offshore drilling safety measures put in place by the Obama administration after the fatal 2010 BP Deepwater Horizon oil spill, the worst in U.S.

Gold drops to four-month low after U.S. Fed douses rate cut hopes

Thu, May 02, 2019

Gold prices slumped to an over four-month low on Thursday after the U.S. Federal Open Market Committee (FOMC) axed any hopes for a rate cut in the near term, subduing demand for the non-interest bearing bullion.

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