India’s Q3 GDP Growth Data: Key Things To Know
Yesterday, the Government released India’s Q3 growth data for October-December 2022. The National Statistical Office(NSO) released an estimate of the growth rate in FY23 along with some numbers that show the slowdown in the economy due to inflation. According to the Government’s data, the estimated GDP growth for FY23 is expected to increase by 7…
7 Highly Profitable Craft Business Ideas For Startup
If you have an artistic side, you might parlay this creativity into a money-making activity. Here are seven highly profitable craft business ideas for startup that can spark a new business venture. Aside from anything, the pandemic has taught us many things. Many of us have explored different niches and experienced home-based activities. During the…
NOKIA Logo Changes For The First Time In 60 Years
The iconic logo that has been associated with the telecom brand Nokia has changed for the first time in a span of 60 years. This advancement marks the beginning of a new era of changes, transitions, and developments. The new logo by the company was unveiled on Sunday, making a big buzz regarding this landmark…
Overcoming Leadership Challenges With Management
A business or company is not just the result of ideas; it builds on people that are managed to produce desired results which ultimately result in a well-renowned brand. Leadership in business can be of a small level or high scale, but the importance is always integral. Basically, anybody who is in a state or…
Ajay Banga Ex-Mastercard CEO Nominated By Joe Biden To Lead World Bank
On Thursday, Joe Biden, US President, announced that Ajay Banga, former CEO of Mastercard, will be leading the World Bank. After this news, Ajay will become the first Indian-American to serve the World Bank as the president. Currently, he is the vice chairman of the general equity firm Atlantic. He is the former CEO of…
India’s Dependency On Imported Crude Oil Price Rises
Amidst the growing shift to other fuels and electronic vehicles, India’s economy is witnessing a rise in the demand for petroleum products and fuel. With the growing demand, India is also witnessing stagnancy in domestic crude oil production. This has led to an increased reliance on imported crude oil to meet the needs. This dependency…
BYJU’s Co-Founder Divya Gokulnath Confirms Aakash Upcoming $1 Billion IPO
BYJU’s planning to bring the Initial Public Offering(IPO) of its subsidiary Aakash Educational Services. It was acquired by BYJU’s for $1 Billion in 2021. Divya Gokulnath, co-founder of BYJU’s confirms that they are preparing to launch the Aakash IPO at the massive valuation of $3.5 to $4 Billion. The upcoming IPO is expected to be…
FPI’s Investment Value In Indian Equities Drops Majorly
The value of Foreign Portfolio Investment (FPI) holdings in Indian equities dropped by 11% and reached $584 billion at the end of December 2022, according to the Morningstar report. The holdings were largely on low returns given by the Indian equities and the exodus of foreign money from the domestic stock market. The value of…