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Home > Articles
China’s Economic Recovery Falters as Weak Demand Looms, Prompting Policy Stimulus Concerns-thumnail

China’s Economic Recovery Falters as Weak Demand Looms, Prompting Policy Stimulus Concerns

China’s economic expansion during the second quarter of the year has displayed indications of fragility as both internal and external demand experience a downturn. The post-pandemic momentum has deteriorated swiftly,

Economy

Jul 17, 2023

Ashok Leyland secures Rs. 800 crore defense sector orders-thumnail

Ashok Leyland secures Rs. 800 crore defense sector orders

Ashok Leyland, a company that specializes in manufacturing automobiles has recently been awarded defense contracts Rs 800 crore. These contracts involve the acquisition of the Field Artillery Tractor (FAT 4X4) and the Gun Towing Vehicle (GTV 6X6). These vehicles will play a role, in the government’s initiatives to promote manufacturing, in the defense sector.

Business

Jul 17, 2023

Climate Envoys from US and China Meet to Address Urgent Climate Issues-thumnail

Climate Envoys from US and China Meet to Address Urgent Climate Issues

US climate envoy John Kerry has stressed the critical need for China and the United States to make substantial advancements in addressing climate change in the four months leading up to the UN-sponsored climate talks in Dubai.

News

Jul 17, 2023

Shark Tank India’s famed Flatheads was acquired by Fashion startup Styched-thumnail

Shark Tank India’s famed Flatheads was acquired by Fashion startup Styched

Youth fashion company Styched has strategically acquired casual sneaker startup Flatheads with the goal of solidifying its position, as a player in the fashion industry. Flatheads is known for its expertise, in sneakers while Styched operates with a unique approach that eliminates waste, inventory, and warehousing. This acquisition will bolster Styched’s sneaker collection. Broaden its reach in the market.

Business

Jul 17, 2023

Sheela Foam of Sleepwell Mattresses to acquire Kurlon Enterprises for Rs. 2,150 Cr-thumnail

Sheela Foam of Sleepwell Mattresses to acquire Kurlon Enterprises for Rs. 2,150 Cr

In a twist, Sheela Foam Ltd has decided to acquire its competitor, Kurlon Enterprise Ltd in a transaction, at a reduced price of Rs 2,150 crore. This strategic move is aimed at enhancing Sheela Foam’s’ market presence and capitalizing on cost advantages, synergies, and improved access, to materials.

Business

Jul 17, 2023

French Government to Reduce Spending by €4.2 Billion in 2024-thumnail

French Government to Reduce Spending by €4.2 Billion in 2024

The French administration is devising a plan to slash its expenditures by €4.2 billion ($4.71 billion) in 2024, as per the initial budget projections presented to the parliament. This marks the first reduction in spending compared to the preceding year in nearly ten years. Budget Minister Gabriel Attal disclosed that this decrease would result in a 3.5% year-on-year decline when adjusted for inflation.

Business

Jul 17, 2023

Who is Joe Biden’s choice for President of the Export Council, Shamina Singh?-thumnail

Who is Joe Biden’s choice for President of the Export Council, Shamina Singh?

Shamina Singh, an Indian-American business leader, will be appointed to the President’s Export Council, the primary national advisory council on foreign trade, by US President Joe Biden.

News

Jul 17, 2023

ToolJet receives funding from Microsoft’s M12 Fund, as well as investment from GitHub-thumnail

ToolJet receives funding from Microsoft’s M12 Fund, as well as investment from GitHub

The judicious allocation of money will allow ToolJet to drive innovation, hence fueling its aim to revolutionise software development and provide incomparable value to its ever-growing user base. Tooljet, the

News

Jul 17, 2023

Goldman-Backed Fintech firm Raisin to Increase Deposits to €50 Billion-thumnail

Goldman-Backed Fintech firm Raisin to Increase Deposits to €50 Billion

German financial technology Fintec Firm Raisin, which aids savers in locating better rates, is wagering that the end of accessible, low-cost central bank funds would lead lenders to look for

Economy

Jul 17, 2023

Bain Capital is in advance talks with Adani Capital for acquisition at Rs. 1500 crore-thumnail

Bain Capital is in advance talks with Adani Capital for acquisition at Rs. 1500 crore

According to reports private equity firms such, as Bain Capital are currently in discussions to acquire Adani Capital, the shadow bank owned by Gautam Adani. Adani is looking to sell off core businesses in order to concentrate on its core operations. Bain Capital is expected to offer around Rs 1,500 crore for the company, which has experienced growth, in its assets under management and has shown financial performance in the fiscal year 2023.

Business

Jul 17, 2023

The UK economy is likely to fall further behind the euro area next year-thumnail

The UK economy is likely to fall further behind the euro area next year

New predictions offer a dismal picture for the upcoming general election, showing that Britain’s economic growth will lag the euro area next year and that inflation will remain persistently high.

Economy

Jul 17, 2023

Will the changeable smartphone batteries be returned?-thumnail

Will the changeable smartphone batteries be returned?

The European Union will amend a new law for easy battery repairs. This Law pays emphasis to manufacture and design the smartphone as per the EU guidelines of which batteries can easily be replaced.

News

Jul 17, 2023


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