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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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Bank of Baroda join hands with Srei Equipment Finance

Thu, Apr 18, 2019

Second largest state-run lender Bank of Baroda and non-bank lender Srei Equipment Finance Thursday announced a co-lending for infrastructure equipment finance. Iquippo, a non profit started by Srei's promoters, will facilitate sourcing of loans, an official statement said.

Air India offers special fares to Jet Airways stranded int'l

Thu, Apr 18, 2019

Coming to the rescue of the stranded international passengers hit by the abrupt grounding of Jet Airways, government-run Air India Thursday offered special fares to such passengers.

I-T dept proposes new norms for taxing MNCs in India

Thu, Apr 18, 2019

The income tax department Thursday proposed change in the methodology for taxing multinational companies, including digital firms, having permanent establishment in India by giving weightage to factors like domestic sales, employee strength, assets and user base.

Wall Street slips as healthcare slumps again

Thu, Apr 18, 2019

U.S. stocks dipped in volatile trading on Thursday, ahead of a long Easter weekend, as another drop in healthcare stocks overshadowed gains from industrials after upbeat earnings.

Pinterest shares soar 25 percent in market debut

Thu, Apr 18, 2019

Shares of online scrapbook company Pinterest Inc surged 25 percent in their debut on Thursday, giving it a market capitalization of $15.8 billion and signalling increased investor appetite for new tech listings.

U.S. wins WTO ruling against China grain import quotas

Thu, Apr 18, 2019

The United States won a World Trade Organization (WTO) ruling on Thursday against China`s use of tariff-rate quotas for rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports.

Bank of Baroda join hands with Srei Equipment Finance

Thu, Apr 18, 2019

Second largest state-run lender Bank of Baroda and non-bank lender Srei Equipment Finance Thursday announced a co-lending for infrastructure equipment finance. Iquippo, a non profit started by Srei's promoters, will facilitate sourcing of loans, an official statement said.

Pinterest's shares soar 25 percent in market debut

Thu, Apr 18, 2019

Shares of online scrapbook company Pinterest Inc surged 25 percent in their debut, giving it a market capitalization of $15.8 billion and signalling increased investor appetite for new tech listings, ahead of the much-awaited debut of Uber Technologies.

Airlines body IATA suspends Jet from clearing house membership

Thu, Apr 18, 2019

International airlines lobby IATA Thursday suspended membership of the grounded Jet Airways of its clearing house system, a move that is likely to impact the refund process to passengers.

Global Markets: Stocks erase weekly gains on lackluster manufacturing data

Thu, Apr 18, 2019

A gauge of global stocks erased this week`s gains on Thursday after underwhelming manufacturing surveys from Asia and Europe and continued weakness in U.S. healthcare shares spurred profit-taking ahead of an extended Easter holiday weekend.

Stellar buys surface transport arm of Patel Int for Rs 38.5 cr

Thu, Apr 18, 2019

Stellar Value Chain Thursday bought the surface transport arm of the listed firm Patel Integrated Logistics for Rs 38.5 crore.

Govt to allocate 440 vacant Jet slots to other airlines

Thu, Apr 18, 2019

With Jet Airways suspending operations, as many as 440 slots are vacant at Delhi and Mumbai airports which will be allocated to other airlines in a transparent manner, a senior official said.

Jet Airways: Lenders reasonably hopeful of successful bidding process for stake sale

Thu, Apr 18, 2019

Jet Airways lenders Thursday said they are reasonably hopeful of a successful bidding process for stake sale, a day after the cash-starved carrier suspended its operations. The announcement from the lenders came early morning ahead of market opening.

Japan's Aso to travel to U.S. April 25 for meeting with Mnuchin: source

Thu, Apr 18, 2019

Japanese Finance Minister Taro Aso will travel to the United States on April 25 to meet with Treasury Secretary Steven Mnuchin on the sidelines of a summit between Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump, a source said on Thursday.

Boeing making 'steady progress' on path to certifying 737 MAX software update: CEO

Thu, Apr 18, 2019

Boeing Co is making "steady progress" on the path to certifying a software update to the 737 MAX and has made the final test flight before certification, its chief executive said on Thursday.

Pinterest raises $1.4 billion in IPO in sign of sustained demand after Lyft struggles

Thu, Apr 18, 2019

Pinterest Inc said on Wednesday it raised around $1.4 billion in its initial public offering (IPO), fetching a roughly $12.66 billion valuation, above its expectations.

Trade, North Korea on agenda for Abe-Trump White House meeting April 26

Thu, Apr 18, 2019

Japanese Prime Minister Shinzo Abe is expected to meet U.S. President Donald Trump at the White House on April 26 to discuss trade and efforts to contain North Korea`s nuclear programme, a U.S. official said on Wednesday.

JPMorgan shuffles CFO and card services executives

Thu, Apr 18, 2019

JPMorgan Chase & Co shuffled the jobs of two of its most senior women executives on Wednesday, moving Chief Financial Officer Marianne Lake to a role leading consumer lending and naming the head of card services Jenn Piepszak to replace her.

Major automakers fear Trump 'grenade' - imposing U.S. auto tariffs

Thu, Apr 18, 2019

Major automakers are bullish on the outlook for the U.S. economy and auto sales, but one big question remains - will President Donald Trump throw a grenade into the sector by imposing sweeping tariffs of up to 25 percent on car and auto parts imports?

Declining U.S. market ratchets up competition for SUV sales

Thu, Apr 18, 2019

Falling U.S. new vehicle sales through the rest of 2019 and into 2020 will bring more intense competition in the increasingly crowded market for SUVs and a continued decline in passenger car sales, executives and economists said at this week`s auto show in New York.

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