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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

I-T dept conducts search, seizure against pharma wholesaler in Kashmir

Thu, Apr 25, 2019

The Income Tax department Thursday conducted search and seizure operations against a pharmaceutical wholesaler at five locations in the Kashmir valley.

Global Markets: World stocks slip as growth fears linger; euro slides

Thu, Apr 25, 2019

The dollar rose on Thursday, hitting the highest in almost two years against the euro on an upbeat U.S. capital goods report, while a gauge of world equity markets slid as weak economic data from South Korea and a profit warning from 3M Co renewed concerns about global growth.

Microsoft tops $1 trillion as it predicts more cloud growth

Microsoft tops $1 trillion as it predicts more cloud growth

Thu, Apr 25, 2019

Microsoft`s stock has gained about 23% gain so far this year, after hitting a record high of $125.85 during regular trading hours.

Tesla's Musk 'sees merit' in capital raise, vows profit in third-quarter after large loss

Thu, Apr 25, 2019

Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.

Tesla's Musk 'sees merit' in capital raise, vows profit in third-quarter after large loss

Thu, Apr 25, 2019

Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.

Oil hovers near six-month high as U.S. stockpile build counters supply fears

Thu, Apr 25, 2019

Oil prices hovered near six-month highs on Wednesday after data showed U.S. crude stockpiles surged to their highest levels since October 2017, countering fears of tight supply resulting from OPEC output cuts and U.S. sanctions on Venezuela and Iran.

Tesla promises return to profit after first-half losses

Thu, Apr 25, 2019

Tesla Inc said on Wednesday it would return to profit in the third quarter of 2019 after racking up two consecutive losses in the first half of the year, as it struggled to deliver cars to customers and launched a cheaper version of its Model 3 sedan.

Global Markets: Euro falls on weak German business morale, stocks slip

Thu, Apr 25, 2019

The euro fell against the U.S. dollar on Wednesday after data showing a surprise deterioration in German business morale stoked fears of slowing global growth and weighed on a gauge of world equity markets.

Wall Street edges lower in mixed earnings day

Thu, Apr 25, 2019

The S&P 500 was down slightly on Wednesday, taking a pause after the previous session`s record close as investors digested a mixed batch of earnings reports and declining energy stocks limited gains.

Occidental offers $38 billion for Anadarko, topping Chevron

Thu, Apr 25, 2019

Occidental Petroleum Corp on Wednesday started the first takeover battle for a major oil company in years, offering $38 billion for Anadarko Petroleum Corp, a bid that topped a $33 billion offer by Chevron Corp.

U.S. judge suspends Blackstone's lawsuit against Italian media group: sources

Thu, Apr 25, 2019

A New York judge has suspended a lawsuit brought by U.S. private equity fund Blackstone against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, two sources close to the matter said on Wednesday.

Thyssenkrupp supervisory board to review breakup plans: sources

Thu, Apr 25, 2019

Thyssenkrupp`s supervisory board plans to stress-test the viability of Chief Executive Guido Kerkhoff`s plans to break up the steel-to-submarines conglomerate given changed market conditions, two people familiar with the matter told Reuters.

Oil hovers near 6-month peak as U.S. stockpile build counters supply fears

Wed, Apr 24, 2019

Oil prices steadied on Wednesday near six-month highs after data that showed U.S. stockpiles rose to their highest levels since October 2017, countering fears of tight supply resulting from OPEC output cuts and U.S. sanctions on Venezuela and Iran.

Trump's Fed pick Moore draws fire from Democrats; Republicans silent

Wed, Apr 24, 2019

Stephen Moore, the economic commentator that U.S. President Donald Trump has said he will nominate to the Federal Reserve Board, is drawing new fire from top Democrats for his comments denigrating, among other targets, women and the Midwest.

Sharekhan pays nearly Rs 3 cr to settle two cases with Sebi

Wed, Apr 24, 2019

Stock broker Sharekhan has settled two cases with market regulator Sebi by paying nearly Rs 3 crore.

Activists seek Centre's intervention in PepsiCo's case against

Wed, Apr 24, 2019

Over 190 activists Wednesday requested the Union government to ask food and beverages giant PepsiCo India to withdraw its "false" cases against Gujarat farmers for allegedly illegally growing a variety of potatoes "registered" by the company.

Bharti Infratel's Rawat not keen to continue as CEO post merger with Indus Tower

Wed, Apr 24, 2019

Bharti Infratel Wednesday said its current managing director and chief executive D S Rawat is not willing to take up the top job after merger with Indus tower.

Boeing axes 210 orders after India's Jet stops flying

Wed, Apr 24, 2019

Boeing Co removed 210 aircraft from its order backlog and took an impairment charge over customer financing losses on Wednesday following the near-collapse of India`s Jet Airways.

Occidental offers $38 bln for Anadarko, topping Chevron

Wed, Apr 24, 2019

Oil and gas producer Occidental Petroleum Corp on Wednesday started the first takeover battle for a major oil company in years, offering $38 billion, or $57 billion including debt, for Anadarko Petroleum Corp, a bid that topped an offer by Chevron Corp.

With RBI exit, govt now owns 100% in NHB, Nabard

Wed, Apr 24, 2019

The Reserve Bank has exited the National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (Nabard), by selling its entire stakes to government for Rs 1,450 crore and Rs 20 crore, respectively, making them fully government-owned.

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