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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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EssilorLuxottica hires two headhunters to find new CEO

Thu, Apr 18, 2019

French-Italian eyewear group EssilorLuxottica has hired two headhunters to search for a new chief executive officer in a bid to cool a conflict between its French and Italian partners over leadership of the company.

Oil settles lower as U.S. inventories disappoint market

Thu, Apr 18, 2019

Crude prices declined slightly on Wednesday as U.S. government data showed inventories drew down less than an industry report had suggested on Tuesday.

GM says Cadillac brand points to strong growth in China

Thu, Apr 18, 2019

General Motors` luxury Cadillac brand is enjoying strong growth in China, the No.1 U.S. automaker said at a conference on Wednesday in New York. GM Cadillac President Steve Carlisle said that Cadillac would expand its network of dealers to 500 in China by 2025.

Exclusive: Lebanese draft budget reduces deficit to below 9 percent of GDP - finance minister

Thu, Apr 18, 2019

Lebanon`s draft budget for 2019 projects a deficit of less than 9 percent of GDP compared to 11.2 percent in 2018 and includes "wide reductions" in spending based on the need for "exceptional austerity measures", the finance minister said on Wednesday.

Wall Street slides, dragged down by healthcare

Thu, Apr 18, 2019

Plunging healthcare stocks dragged Wall Street lower on Wednesday, offsetting a spate of upbeat corporate earnings and encouraging economic data from the United States and China.

United sees Boeing's 737 MAX flying this summer, deliveries before year-end

Thu, Apr 18, 2019

United Airlines expects Boeing Co`s grounded 737 MAX jets to return to service this summer, with deliveries resuming before the end of the year, an executive said on Wednesday, reassuring investors concerned about a prolonged suspension.

Amazon to close domestic marketplace business in China: sources

Thu, Apr 18, 2019

Amazon.com Inc plans to close its domestic marketplace business in China by mid-July, people familiar with the matter told Reuters on Wednesday, focussing efforts on its more lucrative businesses selling overseas goods and cloud services in the world`s most populous country.

U.S. labor market remains tight, economy continues to grow: Fed Beige Book

Wed, Apr 17, 2019

Labor markets remained tight across the United States as businesses struggled to find skilled workers and wages grew modestly, the Federal Reserve said on Wednesday in its latest report on the economy.

EssilorLuxottica hires two headhunters for CEO search

Wed, Apr 17, 2019

French-Italian eyewear group EssilorLuxottica said on Wednesday its nomination and compensation committee had started the search for a new chief executive officer with the help of two headhunting firms. The company`s board intends to appoint the next CEO by 2020.

Aeva signs sensor deal with Audi's self-driving unit

Wed, Apr 17, 2019

Aeva Inc, a startup company founded by former Apple Inc engineers Soroush Salehian and Mina Rezk, has signed a sensor-system deal with an Audi-owned unit that is working on self-driving technology for Volkswagen AG.

EU lawmakers back wifi-based car standard in win for Volkswagen

Wed, Apr 17, 2019

The European Commission`s push for a wifi-based standard for cars backed by Volkswagen took a big step forward on Wednesday after EU lawmakers endorsed wifi over 5G technology promoted by BMW and Qualcomm.

EU states force clearing of Estonian, Danish regulators over Danske Bank

Wed, Apr 17, 2019

National banking supervisors who control the European Union banking watchdog effectively forced it to clear financial regulators in Estonia and Denmark, who were investigated in relation to suspected money laundering activities by Danske Bank, a member of the European parliament said on Wednesday

U.S. trade deficit hits eight-month low on weak Chinese imports

Wed, Apr 17, 2019

The U.S. trade deficit fell to an eight-month low in February as imports from China plunged, temporarily providing a boost to President Donald Trump`s "America First" agenda and economic growth in the first quarter.

Oil pares gains as U.S. fuel stocks draw less than expected

Wed, Apr 17, 2019

Crude prices pared gains Wednesday, pulling off a 2019 high as U.S. government data showed inventories drew down less than an industry report had suggested on Tuesday.

Ford Motor forecasts $1 billion profit improvement at Michigan truck plant

Wed, Apr 17, 2019

Ford Motor Co said on Wednesday a planned shift in production at a Michigan plant to trucks from less profitable cars will lead to an improvement of more than $1 billion in operating earnings.

Tata Steel BSL Q4 net loss narrows to Rs 212 cr

Wed, Apr 17, 2019

Tata Steel BSL, formerly Bhushan Steel, Wednesday said its net loss narrowed to Rs 212.36 crore in the quarter ending March. The company had reported a net loss of Rs 21,252.92 crore in the same quarter of the previous fiscal.

Jet Airways' temporary closure a setback for Indian aviation: AI chief Ashwani Lohani

Wed, Apr 17, 2019

The temporary closure of Jet Airways is a setback for Indian aviation and a sad day for all those in the business of flying, Air India CMD Ashwani Lohani said Wednesday.

Jet CEO says all jobs can't be secured during sale process

Wed, Apr 17, 2019

Hinting at job losses going forward, grounded carrier Jet Airways chief executive Vinay Dube Wednesday said the airline does not have an "answer" at present on the fate of its 20,000-odd employees during the stake sale process.

Finally, Jet Airways grounds itself; leaves 20K jobs at stake

Wed, Apr 17, 2019

After flying for 25 years, Jet Airways Wednesday announced temporary grounding of operations after its lenders declined a Rs 400-crore lifeline, putting at stake 20,000 jobs and thousands of crores in passenger refunds, dues to vendors and over Rs 8,500 crore to banks.

'Best times over' for Germany, government slashes growth forecast

Wed, Apr 17, 2019

The German government is eyeing incentives to boost corporate research and development after cutting its forecast for 2019 economic growth for the second time in three months, reflecting a worsening slowdown driven by a recession in manufacturing.

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