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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

China protests to US on sanctions threat over import of Iranian oil

Tue, Apr 23, 2019

China, the largest importer of crude oil from Iran, on Tuesday lodged a diplomatic protest with the US opposing Washington's move to impose unilateral sanctions to countries importing Iranian oil.

U.S. new home sales hit 1-1/2-year high on lower mortgages, prices

Tue, Apr 23, 2019

Sales of new U.S. single-family homes rose to a near 1-1/2-year high in March, boosted by lower mortgage rates and house prices.

RBI sets high cut-off at forex swap auction, forward rates jump

Tue, Apr 23, 2019

The Reserve Bank of India on Tuesday set a cut-off at its second dollar/rupee swap auction at a much higher than expected premium, in a sign that the system is flush with dollar liquidity that banks are struggling to find buyers for.

Sebi slaps Rs 30 lakh fine on Geojit Financial Services

Tue, Apr 23, 2019

Markets watchdog Sebi on Tuesday imposed a fine of Rs 30 lakh on Geojit Financial Services Ltd for various violations of stock broker norms.

ING CEO tells shareholders door open to foreign takeover: report

Tue, Apr 23, 2019

ING Groep`s chief executive Ralph Hamers told shareholders on Tuesday that the Dutch bank would consider a cross-border takeover under some circumstances, Dutch daily Financieele Dagblad reported.

ITC moves NCLT against Hotel Leelaventure

Tue, Apr 23, 2019

Diversified group ITC has moved the National Company Law Tribunal against Hotel Leelaventure alleging "oppression and mismanagement".

Sebi slaps Rs 20 lakh fine on 3 entities for fraudulent trades

Tue, Apr 23, 2019

Regulator Sebi has imposed fines totalling more than Rs 20 lakh on three entities for indulging in fraudulent trades in the illiquid stock options segment on the BSE.

S&P 500 flirts with record high on upbeat earnings

Tue, Apr 23, 2019

The S&P 500 was within striking distance of its all-time high on Tuesday as better-than-expected results from Twitter and a host of industrial companies eased concerns about slowing corporate profits.

RBI approves proposal of HDFC for holding 9.9 pc stake in Bandhan Bank

Tue, Apr 23, 2019

The Reserve Bank of India (RBI) has given its nod to HDFC Ltd for acquiring up to 9.9 per cent stake in Bandhan Bank following the Gruh Finance deal. Gruh Finance, the affordable housing finance arm of HDFC Ltd, was taken over by Bandhan Bank in a share-swap deal in January.

Kohl's expands Amazon returns program to all stores, shares jump

Tue, Apr 23, 2019

Kohl`s Corp said on Tuesday items bought on Amazon.com Inc can now be returned at all its U.S. stores starting July, deepening its partnership with the e-commerce giant and sending its shares up as much as 9 percent.

Morningstar enters PMS segment, eyes Rs 1,000cr AUM in 2-3 yrs

Tue, Apr 23, 2019

Financial information company Morningstar Tuesday said it is targeting to build an asset base of Rs 1,000 crore for its newly-launched portfolio management service (PMS) arm over the next three years.

Verizon raises profit forecast, loses more phone subscribers

Tue, Apr 23, 2019

Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the U.S. wireless carrier lost more phone subscribers than analysts had expected.

Shared mobility, choosing right vehicle segment can ensure success of EVs in India: Ola

Tue, Apr 23, 2019

Commercial and public transport systems have "more compelling economics" of using electric vehicles (EVs) over private cars, given the low operating costs of these environment-friendly vehicles, a report by Ola Mobility Institute (OMI) Tuesday said.

Essar Steel CoC cannot discriminate between operational creditors, observes NCLAT

Tue, Apr 23, 2019

The National Company Law Appellate Tribunal (NCLAT) on Tuesday observed that the Committee of Creditors of Essar Steel cannot discriminate between operational creditors of the debt-ridden firm.

Global Markets: Oil advances anew, stocks gain on upbeat results

Tue, Apr 23, 2019

European energy shares had their best day since January on the back of higher oil prices on Tuesday while Wall Street rose on upbeat results that eased fears of slowing profits.

Tata Power sells 32-mw operating wind assets in Maha

Tue, Apr 23, 2019

Tata Power has signed a binding agreement with an undisclosed firm to sell its 32-mw operating wind assets in Maharashtra for an undisclosed sum. The power from these assets is currently tied up with the company's distribution business under a long-term power purchase agreement.

Twitter shares jump after results, Trump renews attack

Tue, Apr 23, 2019

Twitter Inc posted better-than-expected quarterly revenue and a surprise increase in monthly users on Tuesday, sending shares up 13 percent to a nine-month high as its campaign to clean up fake and abusive accounts continued to attract advertisers.

Govt extends ban on import of milk products from China

Tue, Apr 23, 2019

The government Tuesday extended the ban on import of milk and its products, including chocolates, from China till laboratories at ports for testing presence of toxic chemical melamine are upgraded.

Sterlite seeks new panel for inspection; TN govt opposes

Tue, Apr 23, 2019

The Tamil Nadu government on Tuesday opposed in the Madras High Court a plea of Sterlite Industries seeking appointment of an independent committee to inspect its copper smelter unit in Tuticorin which has been closed permanently over pollution concerns.

Higher oil prices an 'Achilles heel' for Indian economy: Report

Higher oil prices an 'Achilles heel' for Indian economy: Report

Tue, Apr 23, 2019

The surging price of oil is an Achilles heel for the Indian economy, complicating its inflation, current account, fiscal balance and currency outlook, a market report by Singapore's DBS banking group has said.

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