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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.

TRENDING NOW

Wells Fargo's interest income outlook spooks investors

Fri, Apr 12, 2019

Wells Fargo & Co`s aggressive cost cutting helped boost its quarterly profit, but shares in the lender fell 3 percent on Friday after it dialed back its forecast for how much net interest income it would bring in this year.

I-T raids multiple locations in TN to check suspect poll cash; seizes R 15-cr

Fri, Apr 12, 2019

The Income-Tax Department Friday conducted searches at multiple locations in Tamil Nadu on suspicion of alleged illegal cash being pumped in to lure voters in the poll-bound state and seized cash of about Rs 15 crore, officials said.

Jet operates only 11 aircraft, PMO holds meeting to discuss situation

Fri, Apr 12, 2019

The crisis in Jet Airways deepened Friday as the airline could operate only 11 aircraft on Friday, leaving passengers stranded at various domestic and international airports and prompting the Prime Minister's Office (PMO) to hold an urgent meeting to discuss the situation.

Kotak flags widening trust deficit between govt & industry

Fri, Apr 12, 2019

Banker Uday Kotak Friday frowned upon the increasing trust deficit between the regulators and the regulated entities as the latter is increasingly becoming more rule-based.

Jet union seeks FIR against Goyal,CEO, SBI chief over salaries

Fri, Apr 12, 2019

The employee union of Jet Airways, which is facing its worst crisis, Friday sought to register FIRs against airlines' founder Naresh Goyal, chief executive Vinay Dube and SBI chairman Rajnish Kumar for non- payment of March salary, even as passengers continue to bear the brunt of last minute canc

Global Markets: China data, JPMorgan earnings boost stocks, riskier assets

Fri, Apr 12, 2019

Global stock markets rose on Friday after JP Morgan`s results kicked off the U.S. corporate earnings season in style, while signs of stabilization in China`s economy also helped riskier assets on views the growth outlook worldwide is better than thought.

Exclusive: EU eyes 20 billion euros of U.S. imports to hit over Boeing - diplomats

Fri, Apr 12, 2019

The European Commission has drawn up a list of U.S. imports worth around 20 billion euros ($22.6 billion) that it could hit with tariffs over a transatlantic aircraft subsidy dispute, EU diplomats said.

Backstory: Three cameras, two ladders - snapping Tesla's Elon Musk at court

Fri, Apr 12, 2019

Hundreds of reporters and photographers pressed up against steel barriers last week to get a glimpse of Tesla Inc Chief Executive Elon Musk at Manhattan`s downtown federal courthouse.

Gains in Walt Disney, bank shares buoy Wall Street

Fri, Apr 12, 2019

The S&P 500 crossed the 2,900 mark for the first time since early October on Friday, boosted by a jump in Walt Disney shares and as bank stocks surged after strong results from JPMorgan.

TCS net jumps 17.7% to Rs 8,162 cr despite lagging margins

Fri, Apr 12, 2019

The largest software exporter TCS Friday reported a 17.7 percent growth in March quarter net at Rs 8,162 crore, and guided towards continuing the momentum as the "laggard" segments have vanished, even though operating margins dipped a tad and continued to miss the target.

China trying to create its own globally decisive naval force through BRI: Pentagon

Fri, Apr 12, 2019

China is trying to create its own globally decisive naval force through the ambitious multi-billion dollar Belt and Road Initiative, the Pentagon has told the US Congress, warning that Beijing's "unfavourable deals" strangle a nation's sovereignty like an Anaconda enwrapping its next meal.

Inside SoftBank's push to rule the road: What is Masayoshi Son's plan?

Inside SoftBank's push to rule the road: What is Masayoshi Son's plan?

Fri, Apr 12, 2019

Uber`s planned initial public stock offering in May is expected to value the company at $90 billion to $100 billion, representing a potential windfall to SoftBank, which put $8 billion into Uber for a 15 percent stake in January 2018. The rising value of that investment will further supercharge Son’s growing clout in the sector, and eventually provide him with additional capital to invest in mobility.

Inside SoftBank's push to rule the road

Fri, Apr 12, 2019

SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than $13 billion when the company goes public next month.

Asian shares tread water amid mixed growth signals

Asian shares tread water amid mixed growth signals

Fri, Apr 12, 2019

"One of the big take aways from the past few days has been the broad decline in volatility across markets," National Australia Bank (NAB) analysts said in a morning note. NAB attributed the muted reaction to recent events to dovish policy shifts by central banks, signs that China`s stimulus measures are having an effect, continued U.S.-China trade talks and the Brexit delay.

Gold sheds over 1 percent as strong U.S. data lifts dollar

Fri, Apr 12, 2019

Gold prices fell more than 1% on Thursday, slipping below the key $1,300 level, as robust economic data from the United States boosted the dollar, taking the sheen off the safe-haven metal.

U.S. Democrats seek up to $2 trillion to invest in ageing infrastructure

Fri, Apr 12, 2019

Democratic leaders in Congress said on Thursday they would seek President Donald Trump`s support in coming weeks for legislation to invest up to $2 trillion to rebuild U.S. infrastructure, including roads, bridges and schools.

South Korea WTO appeal succeeds in Japanese Fukushima food dispute

Fri, Apr 12, 2019

South Korea won the bulk of its appeal on Thursday in a dispute at the World Trade Organization over import bans and testing requirements it had imposed on Japanese seafood in the wake of the 2011 Fukushima nuclear disaster.

Disney announces price and date of new streaming service

Disney announces price and date of new streaming service

Fri, Apr 12, 2019

Disney said on Thursday its new family-friendly streaming service will cost $7 monthly or $70 annually with a slate of new and classic TV shows and movies from some of the world`s most popular entertainment franchises in a bid to challenge the digital dominance of Netflix.

Auto tariff war would hurt more than U.S.-China fight - IMF chief economist

Fri, Apr 12, 2019

A new trade war sparked by U.S. automotive tariffs has the potential to do much more damage to global economic growth than the U.S.-China trade conflict has done, International Monetary Fund chief economist Gita Gopinath said on Thursday.

In IPO, Uber reveals 91 million users but slowing growth

Fri, Apr 12, 2019

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.

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