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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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Yum Brands beats on KFC growth, Taco Bell weighs

Wed, May 01, 2019

Yum Brands Inc reported quarterly earnings and same-store sales above Wall Street estimates on Wednesday, as KFC recorded its best growth in three years, but weaker-than-expected growth at Taco Bell weighed on the company`s shares.

U.S. economy appearing to slow; labor market strong

Wed, May 01, 2019

U.S. manufacturing activity slowed more than expected in April amid a sharp drop in orders and construction spending fell in March, suggesting a moderation in economic growth.

Gold holds steady as markets brace for Fed decision

Wed, May 01, 2019

Gold prices were little changed on Wednesday ahead of Federal Reserve`s latest policy announcement later in the day, while rejuvenating global equities made safety assets less lucrative to investors.

China, U.S. start latest trade talks after 'nice' working dinner

Wed, May 01, 2019

China and the United States began their latest talks in Beijing on Wednesday aimed at ending a bitter trade war, after U.S. Treasury Secretary Steven Mnuchin said he had a "nice" working dinner the night before with China Vice Premier Liu He.

Apple optimistic as accessories, iPhone price cuts help China sales

Wed, May 01, 2019

Apple Inc said sales in China were stabilizing and touted how increasing demand for services and accessories such as Apple Music and the Apple Watch helped offset a record drop in iPhone revenue.

Apple optimistic as iPhone price cuts help in China, watches pull in new buyers

Wed, May 01, 2019

Apple Inc on Tuesday forecast stronger-than-expected third-quarter revenue and Chief Executive Tim Cook said iPhone sales had started to stabilize in China, a sign that Apple`s price cuts there are helping limit sales declines.

Oil pares gains as fears ease on Venezuelan exports

Wed, May 01, 2019

Oil prices pared their gains on Tuesday, after global benchmark Brent crude rose above $73 a barrel, as the market grew less worried that a rebellion against Venezuelan President Nicolas Maduro would hit the country`s crude exports.

Boeing says optional 737 MAX alert was 'not activated as intended'

Wed, May 01, 2019

Boeing Co said an alert for angle-of-attack (AOA) sensors on its 737 MAX jets was "not activated as intended" for some customers, responding to reports it failed to tell Southwest Airlines Co and the U.S regulator that the optional feature was deactivated before a crash in Indonesia in October.

Buffett's Berkshire helps bankroll Occidental's $38 billion bid for Anadarko

Wed, May 01, 2019

Warren Buffett`s Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp`s $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp.

Wall Street's recent rally stumbles as Alphabet falls

Wed, May 01, 2019

The Nasdaq fell and S&P 500 was flat Tuesday after hitting all-time highs in the previous session as shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results.

FDA permits sale of Philip Morris IQOS tobacco-heating alternative to cigarettes

Wed, May 01, 2019

The U.S. Food and Drug Administration on Tuesday said it would allow Philip Morris to sell a heated tobacco product called IQOS in the United States, a major victory for the international tobacco giant as it looks to sell more alternatives to traditional cigarettes.

U.S. inflation muted, economic outlook strengthening

Wed, May 01, 2019

U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens.

Imperial to sell premium cigar business in shift to vaping

Wed, May 01, 2019

British tobacco group Imperial Brands said it would sell its global premium cigar business as part of plans to divest assets worth 2 billion pounds ($2.61 billion) by May 2020 to cut debt and invest in vaping products and other growth areas.

Facebook overhauls messaging as it pivots to privacy

Wed, May 01, 2019

Facebook Inc debuted an overhaul of its core social network on Tuesday, taking its first concrete steps to refashion itself into a private messaging and e-commerce company as it tries to move past a stream of scandals while tapping into new revenue sources.

Trump, Democratic leaders to meet on drug prices soon - White House

Wed, May 01, 2019

U.S. President Donald Trump will meet with congressional Democratic leaders soon to discuss drug prices, the White House said on Tuesday following infrastructure talks with House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer.

Eveready hits lower circuit after rating downgrade

Wed, May 01, 2019

Pain for B M Khaitan group companies mounted Tuesday after a rating agency downgraded long-term credit rating for dry cell battery-maker Eveready with a negative outlook.

Altice Portugal has 10 possible bidders for fibre network

Tue, Apr 30, 2019

Telecoms firm Altice has about 10 possible bidders for its Portuguese fibre network and is nearing a decision on the sale, Altice Portugal chief executive Alexandre Fonseca said.

Global Markets - Equities dip on China data, Alphabet results; euro strengthens

Tue, Apr 30, 2019

Global equity markets edged lower on Tuesday, weighed by weak Chinese business surveys and a tumble in shares of Google parent Alphabet, while the euro strengthened on the heels of data that showed euro zone growth topped expectations.

Sebi directs NSE to take legal action on Infotech Financial, 3 others for misusing data

Tue, Apr 30, 2019

Markets regulator Sebi Tuesday directed NSE to take a legal action against Infotech Financial Services, its two company directors and one Ajay Shah for misusing data made available to them by the exchange.

McDonald's U.S. sales beat as free bacon, value meals attract diners

Tue, Apr 30, 2019

McDonald`s Corp lured diners with a short-term bacon promotion, value meals and redesigned restaurants that helped lift its U.S. same-store sales above Wall Street estimates for the first time in four quarters on Tuesday.

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