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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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Minnesota student sues China's JD.com CEO Liu with allegation of rape

Wed, Apr 17, 2019

A University of Minnesota student who said she was raped last August by Richard Liu, the chief executive officer of China`s e-commerce retailer JD.com Inc, filed a civil lawsuit against him in a Minneapolis court on Tuesday, nearly four months after prosecutors declined to press criminal charges.

Brazil government pledges to keep hand off Petrobras

Wed, Apr 17, 2019

Petroleo Brasileiro SA`s market-based diesel pricing policy remains unchanged and Brazil`s president has no intention of meddling in Petrobras` internal affairs, high-ranking government officials said on Tuesday.

UK marketing spending rises despite Brexit, uncertainty clouds forecast: survey

Wed, Apr 17, 2019

British companies spent more on marketing in the opening quarter of 2019 despite uncertainty around Brexit, but their budgets for the rest of the year could be the most subdued since after the financial crisis, a survey showed.

Brazil government pledges to keep hand off Petrobras

Wed, Apr 17, 2019

Petroleo Brasileiro SA`s market-based diesel pricing policy remains unchanged and Brazil`s president has no intention of meddling in the firm`s internal affairs, high-ranking government officials said on Tuesday.

No agreement yet on individual trade issues with U.S.: Japan's Motegi

Wed, Apr 17, 2019

Japan`s Economy Minister Toshimitsu Motegi said on Tuesday that no agreement had been reached on individual trade issues with the United States after two days of talks with U.S. Trade Representative Robert Lighthizer.

IBM quarterly revenue misses estimates on weak cloud, services demand

Wed, Apr 17, 2019

International Business Machines Corp reported a bigger-than-expected drop in quarterly revenue on Tuesday, an indication that its efforts to pivot to newer businesses such as cloud, analytics, software and services remained patchy at best.

BHP cuts FY iron ore production guidance as cyclone hits output

Wed, Apr 17, 2019

BHP Group, the world`s biggest miner, on Wednesday cut its annual iron ore production forecast on disruptions caused by a tropical cyclone which pushed its quarterly output of the steel-making material 5 percent lower.

Qualcomm shares soar on surprise settlement with Apple of long legal dispute

Wed, Apr 17, 2019

Qualcomm Inc on Tuesday won a major victory with a surprise settlement of its wide-ranging legal dispute with Apple Inc that includes a supply agreement paving the way for the iPhone to once again use Qualcomm modem chips.

IBM quarterly revenue, full-year forecast disappoints

Wed, Apr 17, 2019

International Business Machines Corp forecast full-year revenue below estimates after reporting a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its latest mainframe computers and a stronger dollar.

UnitedHealth sees minimal impact from rebate system overhaul

Wed, Apr 17, 2019

UnitedHealth Group Inc said on Tuesday it expects minimal impact to its margins if the rebate system is overhauled but investors remained concerned about the impact of the Trump administration`s proposal to end discounts from drugmakers.

Netflix forecasts weak subscriber additions in second quarter

Wed, Apr 17, 2019

Netflix Inc on Tuesday forecast global paid subscriber additions in the second quarter below analysts` estimates, after reporting better-than-expected subscriber additions in the first quarter.

Corrected: Oil up 1 percent as market focuses on supply risks

Wed, Apr 17, 2019

(This version of the story in 2nd paragraph, corrects prices for Brent settlement to rose 54 cents, or 0.76 percent, to settle at $71.72 a barrel; not rose 56 cents, or 0.8 percent, to $71.74 a barrel)Oil prices rose 1 percent on Tuesday, as fighting in Libya and falling Venezuelan and Iranian ex

Apple and Qualcomm settle royalty dispute

Wed, Apr 17, 2019

Apple Inc and Qualcomm Inc on Tuesday settled their royalty dispute, reaching an agreement on global patent licence and chipset supply. The settlement includes a payment from Apple to Qualcomm.

Fried chicken vs $13: Apple, Qualcomm explain claims to jury as trial opens

Wed, Apr 17, 2019

Apple Inc and Qualcomm Inc on Tuesday opened a complex trial with the iPhone maker using a fried chicken analogy to illustrate its claim the chip company is abusing its market power while Qualcomm alleged a years-long plan by Apple to deprive it of billions in revenue, $13 at a time.

Exclusive: Brazilian education group Afya plans New York IPO - sources

Wed, Apr 17, 2019

Brazilian educational group Afya SA is preparing an initial public offering in New York in the coming months, three people with knowledge of the matter said, adding to a wave of listings by high-growth Latin American companies outside their home markets.

Bank of America warns of slowing growth of net interest

Wed, Apr 17, 2019

Bank of America Corp forecast that net interest income would rise half as fast this year after reporting first-quarter revenue on Tuesday that fell short of expectations.

All of Fed's 12 regional banks backed steady discount rate: minutes

Wed, Apr 17, 2019

All 12 of the U.S. Federal Reserve`s regional banks supported keeping steady the interest rate commercial banks are charged for emergency loans before the central bank`s last policy meeting, records from the discussions showed on Tuesday.

Gourmet Passport sees sharp growth

Tue, Apr 16, 2019

Gourmet Passport, a premium restaurants membership programme available on foodtech platform Dineout, sees a sharp growth in the coming years and expects competition will only help spreading sector to grow.

Google blocks Chinese app TikTok in India after court order

Tue, Apr 16, 2019

Google has blocked access to the hugely popular video app TikTok in India to comply with a state court`s directive to prohibit its downloads, a person with direct knowledge of the matter told Reuters on Tuesday.

Individual settles case with Sebi in Crisil matter, pays Rs 26 lakh

Tue, Apr 16, 2019

Markets regulator Sebi has settled a case of alleged insider trading by an individual after paying over Rs 26 lakh towards settlement charges in the matter of Crisil Ltd.

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