Indian Economy Retain The Fastest Growing Economy Title
The economic growth number of India is here, and nobody was expecting the results. India has retained its title of the world’s fastest-growing economy, with a growth rate of 8.4% in the last three months. Indian Prime Minister Narendra Modi also posted a tweet, where he said that this shows the strength and potential of…
Yash Sharma
Asian Markets Remains Steady While Kiwi Dollar Falls
Asian stocks are keeping a close eye on the US inflation test results, due this week. The US inflation tests can determine the country’s interest rates, which could affect investors globally. The Asian stocks remained steady while the New Zealand dollar fell a few steps. Moreover, the Central Bank of New Zealand kept a steady…
Abdullah Ansari
Reliance And Disney Merger: Media Titans Joins Hands
In a historic deal to change the landscape of media in India, Reliance Industries Limited and The Walt Disney Co. have signed a deal to merge their media business in India. According to the deal, the media unit of Reliance, Viacom18, will own 61% of the merger, with Disney owning the rest. According to sources,…
John David
Wipro Scores Big With New Deal To Design Intel Chips
In a historic deal, India’s IT services firm, Wipro has been outsourced to design and manufacture Intel chips. In this deal, Wipro engineers will work on the latest offering by Intel, the 18A chip node, which will then be used in bleeding-edge consumer electronic devices from next year. Although the size of the deal is…
Vipin Kumar
Risks Unchecked, Paytm Stumbles
In a significant move against Paytm Payments Bank (PPBL), the Reserve Bank of India (RBI) has instructed the bank to cease accepting deposits or top-ups in any customer accounts, wallets, FASTags, and other instruments after March 15. On January 31, 2024, the RBI directed Paytm to halt the acceptance of deposits or top-ups in any…
Himanshu
Indian Diesel Exports Are Diverted From Europe To Asia
Shipments of Indian diesel to Europe have decreased significantly and now are at the lowest in the last 2 years. The presence of Houthi pirates in the Red Sea is disrupting international trade and the turmoil has forced ships to take new and longer routes, which drives the freight costs higher. According to data given…
Shipra Prajapati
Kotak Mahindra Bank Reshuffle: New CFO, COO And More
One of India’s leading banks, Kotak Mahindra Bank, has announced that they will be making some big changes in their senior management starting from April 1st. The announcement was made by the current MD and CEO of Kotak Mahindra Bank, Ashok Vaswani. The long-time director and a veteran in the bank, KVS Manian will leave…
The Zeal to Grab the DealÂ
Amidst the nation’s startup revolution, Shark Tank India Season 3 is currently airing, embodying the essence of ‘Make In India’ by spotlighting young entrepreneurs from diverse backgrounds. This season pledges to showcase various entrepreneurs committed to advancing and revolutionising Made in India products, aiming to project India’s identity on the global stage. The show captures…
ABHYUDAYA MITTAL
Indian Rupee: Best Performing Currency In Asia in 2024
The Indian rupee has made history after being named the best-performing currency in Asia so far in 2024. After an extremely safe and stable 2023, the Indian rupee has started 2024 on a promising note. The Indian rupee appreciated by 0.1% in the first month of 2024. This comes as a surprise as most of…
Reliance Tops India’s Most Valuable Firms List Again
According to reports compiled by Axis Bank’s private banking unit Burgundy Private and Hurun India, Mukesh Ambani-led Reliance Industries has become the most valuable company in India with a Mcap(Market Cap) of Rs. 15.64 Trillion. The annual edition of Burgundy Private and Hurun 500 is curated based on the data from October 2022 and October…
