Hormuz crisis: Venezuela becomes India’s third-largest crude oil supplier in May
Venezuela has surged to become India's third-largest crude oil supplier this May, surpassing Saudi Arabia and the US. Indian refiners ar...
Showing posts with label May 22. Show all posts
Showing posts with label May 22. Show all posts
RBI steps in with heavy dollar sales to defend rupee: Report
The Reserve Bank of India aggressively intervened, selling billions to defend the rupee against sustained pressure. This significant dollar...
India's Jan-March GDP growth likely to rebound to 6.8%, says expert
Deutsche Bank forecasts India's real GDP to grow by 6.8% year-on-year in Q4 FY25, rebounding from previous quarters, driven by decreased...
Meet Vaibhav Taneja, Elon Musk-led Tesla’s Indian-origin CFO, who earns more than Sundar Pichai & Satya Nadella
Vaibhav Taneja, Tesla's CFO, received a substantial $139 million compensation in 2024, surpassing the pay of tech giants like Satya Nade...
Aditya Birla Fashion and Retail demerger: Why does it seem that ABFRL shares plunged 67%? Here’s what’s happened
Aditya Birla Fashion and Retail (ABFRL) shares plummeted by 67% following the demerger of its Madura Fashion & Lifestyle operations into...
What’s on the sell off list of foreign investors in Indian stock markets?
Foreign investors sold Indian equities worth Rs 27,258 crore from May 1 to 15, with significant sell-offs in the financial services and IT s...
India only country among top 5 largest steel producers in world to see growth in production; China, US see decline
India stands out as the only top steel-producing nation with production growth in April, amidst global declines. China, the global leader in...
Gold prices surge! Why 9-Carat gold jewellery may now be hallmarked
The gold trade urges BIS to implement hallmarking for 9-carat gold as prices reach record highs. Silver prices peak at ₹92,444/kg in Mumbai...
Aditya Birla Fashion reports first quarterly loss in nearly 2 years
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PhonePe bags another $100 million from General Atlantic
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Stock markets climb for 2nd day on buying in IT stocks, Reliance Industries
Benchmark equity indices Sensex and Nifty rallied for a second straight session on Monday following buying in index heavyweight IT counters ...
Adani stocks power sensex, Nifty ahead of US debt ceiling talks
Indian shares rose for a second day, with the Nifty 50 index closing 0.61% higher and the S&P BSE Sensex rising 0.38%. The metals index ...
NCLAT upholds NCLT order allowing Go First's voluntary insolvency proceedings
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order allowing crisis-hit Go First's voluntary insolvency r...
Meta fined record $1.3 billion in EU over US data transfers
Facebook owner, Meta Platforms Inc, has been fined a record €1.2bn ($1.3bn) by the European Union (EU) over concerns it failed to protect pe...
I'm not running your Twitter account, Musk tells Pune techie
On Monday, Elon Musk said that he is not running Pathole's Twitter account. Pathole, who has more than 1.6 lakh followers, tweeted: ...
Prolonged high temperatures could worsen inflation, hurt growth: Moody’s
https://ift.tt/aRLu7JV New Delhi, May 23 Prolonged high temperatures are credit negative for India, as that could exacerbate inflation and ...
Bandhan Bank to increase exposure to secured loans: MD&CEO
Kolkata, May 22 (PTI) Private lender Bandhan Bank will gradually increase its exposure to secured loans by enhancing advances to the housing...
Inflation should be viewed as public enemy number 1, here's why
https://ift.tt/npKArBx Johannesburg, May 22 Inflation is a process of sustained increases in the general price level over a period of time,...
Biden highlights Hyundai announcement of $10 billion US investment
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