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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.

TRENDING NOW

Wall Street nudges up after weak Intel results, mixed GDP report

Sat, Apr 27, 2019

Wall Street`s three major indexes rose slightly on Friday as Intel`s weak results put the technology sector under pressure and the energy index tumbled along with the price of oil and mixed first-quarter GDP data gave investors some pause.

Intel puts modem business up for sale, held talks with Apple: WSJ

Sat, Apr 27, 2019

Intel Corp is exploring strategic options for its modem chip business, including a possible sale to Apple or another acquirer, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Toyota halts plan to install U.S. connected vehicle tech by 2021

Sat, Apr 27, 2019

Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications (DSRC) technology, aimed at letting cars and trucks communicate with one another to avoid collisions, on U.S. vehicles beginning in 2021.

Global Markets: Stocks rise slightly but dollar eases in wake of U.S. GDP data

Sat, Apr 27, 2019

Global stock markets edged higher on Friday as data showing U.S. economic growth accelerated in the first quarter offset corporate earnings disappointments, while the dollar fell against a basket of currencies.

No wind-down for China on stopping its Iran oil buys: Trump officials

Sat, Apr 27, 2019

Two Trump administration officials said on Friday that neither a wind-down period nor a short-term waiver on China`s oil purchases from Iran are being contemplated after Washington surprised Iran’s customers on Monday by demanding that buyers halt the purchases by May 1 or face sanctions.

Guinea boosts power output to foster bauxite refining

Sat, Apr 27, 2019

Guinea expects to boost its energy production capacity by nearly four-fold over the next six years as it pushes mining companies to refine their bauxite output locally, the energy minister said on Friday.

Ending tough week, Tesla shares sink to lowest level in two years

Sat, Apr 27, 2019

Tesla Inc`s stock slumped over 5% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

Ending tough week, Tesla shares sink to lowest level in two years

Fri, Apr 26, 2019

Tesla Inc`s stock slumped over 5% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

American Airlines cuts outlook on 737 MAX, sees jets flying again by mid-August

Fri, Apr 26, 2019

American Airlines Group Inc cut its 2019 profit forecast on Friday, blaming an estimated $350 million hit from the grounding of Boeing`s 737 MAX planes during its busiest travel season, but said it was confident the aircraft would start flying by mid-August.

ADM's move to spin off ethanol assets speaks to industry's woes

Fri, Apr 26, 2019

Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry`s struggles with U.S. President Donald Trump`s trade wars, thin margins, and overproduction.

U.S. opens criminal probe into Ford emissions certification

Fri, Apr 26, 2019

The U.S. Justice Department has opened a criminal investigation into Ford Motor Co`s emissions certification process in the United States, the automaker disclosed on Friday, saying it was cooperating fully with the probe and still conducting its own internal review.

'Nyay' will jump-start economy hit by noteban, GST: Rahul

Fri, Apr 26, 2019

Congress chief Rahul Gandhi Friday said the minimum income guarantee scheme the party has envisaged will put the country's economy back on track after it was allegedly hurt by the Centre's noteban and GST moves.

Ending tough week, Tesla sinks to lowest level in two years

Fri, Apr 26, 2019

Tesla Inc`s stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

Jaypee Infratech lenders reject NBCC's bid, to vote on Suraksha offer: Sources

Fri, Apr 26, 2019

Lenders of debt-ridden Jaypee Infratech are believed to have rejected the bid of state-owned NBCC Ltd and will put to vote the offer of Mumbai-based Suraksha Realty for acquiring the realty firm, sources said.

EEPC India plans IPR cell to boost exporters' margins, profit

Fri, Apr 26, 2019

EEPC India on Friday urged engineering exporters to adopt intellectual property rights (IPR) to improve margins and profit. It is also going to set up an IPR cell under the aegis of the upcoming Kolkata Technology Centre.

Clean-up has Yes Bank in Rs 1,506-cr net loss as provisions soar over nine-times

Fri, Apr 26, 2019

Under a new head after the forced exit of its promoter-chief executive Rana Kapoor, Yes Bank Friday reported a whopping Rs 1,506 crore net loss for the March quarter as against a profit of Rs 1,179 crore in the year-ago period as provisions soared over nine-times.

IL&FS arm puts its China road arm JV on the block

Fri, Apr 26, 2019

ITNL International, a subsidiary of the bankrupt infra lender Infrastructure Leasing & Financial Services (IL&FS) is looking to sell its 49 percent stake in Chongqing Yuhe Expressway Company in China, the company said Friday.

Axis Bank plans to raise Rs 35,000 crore

Fri, Apr 26, 2019

Private sector lender Axis Bank Friday said it plans to raise Rs 35,000 crore debt instrument, including in foreign currency, to fund business growth. The decision in this regard will be taken at the annual general meeting held on July 20.

Facebook files lawsuit against New Zealand company, three people

Fri, Apr 26, 2019

U.S. social media giant Facebook Inc on Thursday said it has filed a lawsuit in U.S. Federal court, against a company and three people in New Zealand, alleging the sale of fake engagement services on its Instagram photo-sharing platform.

Corporate profits and U.S. economy chug along, defying recession fears

Fri, Apr 26, 2019

After months of handwringing about the possible crash-landing of the housing market, investors awaiting quarterly earnings from No. 3 U.S. homebuilder PulteGroup Inc this week were ready for the worst.

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