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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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Over 91pc seized Vellore cash in Rs 200 denomination; all sourced from one branch: IT dept report

Tue, Apr 16, 2019

Over 91 per cent of Rs 11.53 crore seized by Income Tax Department in Tamil Nadu's Vellore Lok Sabha constituency was in the denomination of Rs 200 and sourced from one bank branch in the district to allegedly bribe voters, a report prepared by the department's sleuths revealed.

Gold slides 1 percent to 2019 low as equities, dollar gain

Tue, Apr 16, 2019

Gold slid 1 percent on Tuesday to its lowest this year, as a string of robust economic data boosted demand for riskier assets like equities, with bullion further weighed down by gains in the U.S. dollar.

Gitanjali Gems headed to liquidation as bankers cite delays

Tue, Apr 16, 2019

The Mehul Choksi-run Gitanjali Gems, which owes over Rs 12,550 crore to 31 financial creditors and a key player in the Rs 14,000-crore PNB scam, is headed for liquidation as the committee of creditors have voted to end the resolution process citing time over-run.

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.

Banks have to mark IL&FS accounts as NPAs after default: RBI to NCLAT

Tue, Apr 16, 2019

The RBI Tuesday told the National Company Law Appellate Tribunal that banks will have to classify the accounts of debt-ridden IL&FS and its group companies as NPAs in terms of its master circular and the Supreme Court judgement.

Bank of America revenue misses forecasts, shares fall

Tue, Apr 16, 2019

Bank of America Corp on Tuesday reported first-quarter revenue that fell short of expectations and predicted that net interest income would rise half as fast this year, sending its shares down.

Foxconn says Gou will remain chairman, to withdraw from daily operations

Tue, Apr 16, 2019

Taiwan`s Foxconn, an assembler of Apple Inc`s iPhones, said Terry Gou will remain chairman of the world`s largest contract manufacturer, though he plans to withdraw from daily operations.

Turkish finance minister says held productive meetings with finance institutions

Tue, Apr 16, 2019

Turkish Finance Minister Berat Albayrak said on Monday he held very productive meetings in Washington with international financial institutions, following the unveiling last week of Turkey`s economic turnaround plan.

Foxconn says Gou will remain chairman, to withdraw from daily operations

Tue, Apr 16, 2019

Taiwan`s Foxconn, an assembler of Apple Inc`s iPhones, said Terry Gou will remain chairman of the world`s largest contract manufacturer, although he plans to withdraw from daily operations.

Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion

Tue, Apr 16, 2019

Hulu has bought back wireless carrier AT&T Inc`s stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday.

Asia stocks hover below nine-month peak after Wall Street stalls

Asia stocks hover below nine-month peak after Wall Street stalls

Tue, Apr 16, 2019

Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though recent signs the global economy is likely to avoid a sharper downturn helped limit the losses.

Hulu buys back AT&T's 9.5 percent stake for $1.43 billion

Tue, Apr 16, 2019

Hulu has bought back wireless carrier AT&T Inc`s stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday.

Hulu buys back AT&T's stake in $1.43 billion deal

Tue, Apr 16, 2019

Hulu is buying back wireless carrier AT&T Inc`s 9.5 percent stake in the U.S. entertainment streaming service in a deal valued at $1.43 billion, the two companies said on Monday.

Oil rally stalls on talk of OPEC boosting output

Tue, Apr 16, 2019

Oil prices halted their rally on Monday, with both benchmarks down nearly 1 percent, after Russia`s finance minister said Russia and OPEC may decide to boost production to fight for market share with the United States, where output remains at record highs.

Hulu buys back AT&T's stake in $1.43 billion deal

Tue, Apr 16, 2019

Hulu is buying back wireless carrier AT&T Inc`s 9.5 percent stake in the streaming service company in a deal valued at $1.43 billion, the two companies said on Monday.

Bank results curb Wall Street, oil falls as Russia mulls production boost

Tue, Apr 16, 2019

Underwhelming quarterly results from U.S. banks limited gains in world stocks on Monday, and oil prices fell after Russia said it and OPEC may decide to boost production.

Wall Street slips as bank earnings disappoint

Tue, Apr 16, 2019

Wall Street lost ground on Monday, dragged down by financials as underwhelming bank earnings curbed investor enthusiasm. But while all three major U.S. stock indexes edged lower, the S&P 500 remained within a percent of its record high.

Fed should 'communicate comfort' with slightly higher inflation: Evans

Tue, Apr 16, 2019

The U.S. Federal Reserve should embrace inflation above its target half the time and consider cutting rates if prices do not rise as fast as expected, a top policymaker at the central bank said on Monday.

UniCredit Group to pay $1.3 billion, German unit to plead guilty in U.S. sanctions resolution

Tue, Apr 16, 2019

UniCredit Group, Italy’s biggest bank by assets, has agreed to pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said on Monday.

Bank results impede Wall Street; oil falls as Russia mulls more production

Tue, Apr 16, 2019

World stocks reversed earlier gains on Monday as underwhelming quarterly results from U.S. banks weighed on Wall Street, while oil prices fell as Russia mulled boosting production.

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