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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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BlackRock's Fink expects 'huge' rush into underinvested stock market

Tue, Apr 16, 2019

The U.S. economy is speeding up again after a slowdown in recent months and cash could soon start rushing into stocks as most investors are underinvested in the markets globally, BlackRock Inc`s Chief Executive Larry Fink said on Tuesday.

Trai finds six cable firms violating new tariff order, seeks compliance in 5 days

Tue, Apr 16, 2019

Regulator Trai Tuesday said six cable TV players, including GTPL Hathway and Siti Networks, violated several rules, especially those related to new tariff order, and directed them to ensure compliance within five days.

Oil steadies as market focuses on supply risks

Tue, Apr 16, 2019

Oil prices were steady on Tuesday, as fighting in Libya and falling Venezuelan and Iranian exports raised concerns over tightening global supply, but uncertainty surrounding an OPEC-led production cut limited gains.

China eyes U.S. poultry, pork imports in trade talks: sources

Tue, Apr 16, 2019

China would likely lift a ban on U.S. poultry as part of a trade deal and may buy more pork to meet a growing supply deficit, but it is not willing to allow a prohibited growth drug used in roughly half the U.S. hog herd, two sources with knowledge of the negotiations said.

Breach of employee accounts will not have any effect on Wipro's financials: COO

Tue, Apr 16, 2019

The breach of few employee accounts will not have any "effect" on financials of the company, Wipro COO B M Bhanumurthy said Tuesday.

BJP, INC not pledging any significant policy reforms for telecom: Fitch

Tue, Apr 16, 2019

Leading political parties Bharatiya Janata Party and Indian National Congress have not pledged any significant policy reform for debt-ridden telecom sector, Fitch Solutions Macro Research said Tuesday.

Netflix surges ahead of quarterly results report; Disney in focus

Tue, Apr 16, 2019

Shares of Netflix jumped 3 percent on Tuesday ahead of the streaming video service`s quarterly results, with traders expecting a larger than normal reaction from the stock as new competition looms from Walt Disney Co.

Cash-flush buyout firms target Europe in take-private scramble

Tue, Apr 16, 2019

Once shunned due to intense public scrutiny and competition from corporate buyers, private equity firms are increasingly targeting listed companies in Europe, shrugging off forecasts of a regional economic slowdown.

RBI says it will issue Rs 50 banknotes signed by Guv Das

Tue, Apr 16, 2019

The Reserve Bank of India (RBI) Tuesday said it will put into circulation Rs 50 denomination banknotes signed by its Governor Shaktikanta Das. The RBI will issue Rs 50 denomination banknotes in Mahatma Gandhi new series bearing the signature of Das.

Govt removes ED Mumbai chief over Nirav Modi case controversy

Tue, Apr 16, 2019

The government has removed ED's special director in Mumbai, Vineet Agarwal, for his alleged interference in relieving the agency's investigating officer in the Nirav Modi money-laundering case without following due procedure, officials said Tuesday.

L'Oreal sales steam ahead at steady pace in first-quarter

Tue, Apr 16, 2019

Maybelline maker L`Oreal on Tuesday posted higher-than-expected first-quarter sales, powered by growth in the division that makes luxury cosmetics and strong demand in Asian countries like China and India.

Jet Airways faces imminent shutdown without emergency funds: sources

Tue, Apr 16, 2019

Jet Airways Ltd will be forced to shut down as soon as Wednesday if it does not get emergency funding from its lenders, two sources familiar with the matter said 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.

Global steel demand slows as China economy falters and trade war hits

Tue, Apr 16, 2019

Growth in global steel demand will weaken over the next two years because of slowing economies, sluggish manufacturing in China and the Sino-U.S. trade war, the World Steel Association (worldsteel) said on Tuesday.

Upstart Russian oil firm, with Goldman Sachs backing, bucks industry blues

Tue, Apr 16, 2019

In the frozen taiga of eastern Siberia, where bears roam in spring after waking from hibernation, an independent Russian oil company is bucking the domestic industry trend by rapidly ramping up its output and expanding operations.

WhiteHat Jr aims to teach Indian school goers coding

Tue, Apr 16, 2019

WhiteHat Jr, a startup that aims to teach Indian school children coding, Tuesday said its platform has already seen over 50,000 trials in the last few months.

NBCC to submit revised bid to acquire Jaypee Infratech by Apr 25

Tue, Apr 16, 2019

State-owned NBCC Ltd is likely to submit revised bid by April 25 for acquiring debt-ridden Jaypee Infratech and complete the housing projects.

Pharmaceuticals drive J&J to better-than-expected quarterly profit

Tue, Apr 16, 2019

Johnson & Johnson on Tuesday reported a first-quarter profit that exceeded Wall Street expectations on higher sales of its prescription medicines, including a double-digit increase for its psoriasis treatment Stelara, even as the company faces fierce competition for some of its other importan

Wall Street inches higher on tech boost, Johnson & Johnson earnings

Tue, Apr 16, 2019

U.S. stocks edged higher on Tuesday, as an advance in technology shares and a jump in Johnson & Johnson following strong results countered losses in UnitedHealth and Bank of America.

Liberty not losing hope for Adhunik Metaliks

Tue, Apr 16, 2019

In spite of failing to pay up Rs 410 crore obligation within the deadline for the takeover of the debt-ridden Adhunik Metaliks, the Liberty House is hopeful of striking the deal, even as the issue will be heard in the Cuttak bench of the National Company Law Tribunal on April 30.

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