UAE Emerges As Fourth Largest Investor In India, FY23
In a significant development for India’s economy, the United Arab Emirates (UAE) has emerged as the fourth largest investor in the country during the fiscal year 2023. This remarkable feat not only underscores the strengthening of bilateral relations between the two nations but also highlights the growing confidence of foreign investors in India’s business landscape….
Yash Sharma
Indian IT Braces for Slowing Growth and Challenging Hiring Prospects
In a recent report, domestic rating agency Icra has projected a further deceleration in the revenue growth of Indian IT companies, which are already grappling with headwinds in the industry. The nearly USD 250 billion sector is expected to witness a slowdown to mid-single digits, placing significant pressure on the sector’s stability and prospects. The…
Impending Catastrophe: Impact of US Debt Default on Citizens
Nation Holds its Breath as Financial Chaos, Economic Turmoil, and Social Programs Hang in the Balance With the United States teetering on the edge of a potential debt default, the consequences for American citizens could be devastating. Experts are sounding the alarm, emphasising the dire implications that could reverberate across the nation as a result….
How Credit Suisse And Silicon Valley Bank Impact India?
Credit Suisse and Silicon Valley Bank are two international financial companies providing global solutions. This article gives you insights into both investment companies. Read ahead! Credit Suisse Founded in 1856 and headquartered in Zurich, Switzerland, Credit Suisse has operations in over 50 countries. The company primarily focuses on providing investment to entrepreneurs entrepreneur, individuals and…
Sumit
IMF Predicts India, China To Lead Global Economy in 2023
The International Monetary Fund(IMF) predicted that India and China would account for half of the global growth in 2023. According to the latest outlook of the IMF, India will remain the bright spot along with China in the global economy. Both countries witnessed a strong recovery from the Covid19 slowdown and noticed faster economic growth. According…
Aman Goyal
U.S. Debt Ceiling Crisis Risk On Peak Again In 2023
With new leadership in the U.S. In The House of Representatives, the risk of deadlock over the debt ceiling may lead to a fiscal crisis the highest ever, according to Jason Furman, former top economic adviser during the administration of President Barack Obama. The Debt Ceiling is the maximum amount of money the United States…
Mercedes-Benz Sales Decline By 1% In The Previous YearÂ
The biggest luxury carmaker Mercedes-Benz delivered 2. 5 million cars in 2022, which is 1% down compared to the previous year, said the company on Tuesday. It also mentioned that it could be the impact of COVID-19 measures and bottlenecks. The company said that entry-level vehicles, the lowest price segment of the brand, saw a…
The Top Live Streaming Trends to Look Out for in 2024 and Beyond
According to eMarketer, there will be upwards of 163.4 million consumers of live-streamed content in the United States alone this year. Real-time live video content is one of the most engaging mediums on the internet right now. We’ve seen some hugely significant trends in recent years. eSports has become a major player in the live…
Himanshu
India To Host G20 Summit In September 2023Â
From December 2023, India will take charge of the G20 president and will host the summit of administrators of the world’s 20 largest economies in New Delhi during the second week of September 2023. As per the statement released by the Ministry of External Affairs, “The G20 Leaders’ Summit at the level of Heads of…
Indian-Origin Laxman Narasimhan Will Join Starbucks As New CEO
Starbucks named India-born Laxman Narasimhan its next CEO. The world’s biggest coffee chain has elected an executive who is acknowledged to revive ‘Lysol,’ the disinfectants maker company. As a Chief Executive Officer, Mr Narasimhan has served Reckitt, the company that manufactures Durex condoms, Mucinex cough syrup, and Enfamil baby formula. FTSE-listed Reckitt shares dropped by…
Abdullah Ansari