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A rebound in demand is expected to lead to Cathay Pacific’s first-half profit of up to $576 million-thumnail

A rebound in demand is expected to lead to Cathay Pacific’s first-half profit of up to $576 million

In light of the surge in travel demand brought on by border reopenings, Hong Kong’s Cathay Pacific Airways said on Friday that it anticipates making a profit of up to

Finance

Jul 14, 2023

With a quicker rate of 4.12% in June, India’s wholesale inflation decreased-thumnail

With a quicker rate of 4.12% in June, India’s wholesale inflation decreased

According to statistics released by the Commerce Ministry on Friday, India’s wholesale inflation decreased for the third consecutive month in June, falling to 4.12% on an annual basis from a contraction of 3.48% in May. It was 16.23 percent in June of the previous year.

Business

Jul 14, 2023

Labour’s Danny Beales Prioritizes Economic Concerns in Battle for Uxbridge and South Ruislip-thumnail

Labour’s Danny Beales Prioritizes Economic Concerns in Battle for Uxbridge and South Ruislip

In the race to fill the parliamentary seat of Uxbridge and South Ruislip, the opposition Labour Party candidate, Danny Beales, is making the concerns of the constituency’s voters his primary focus. Rather than engaging in direct attacks on former Prime Minister Boris Johnson, Beales is concentrating on issues that he believes are troubling the electorate, such as high inflation, weak economic growth, car charges, rising taxes, and mortgage costs. While the looming general election within the next 18 months presents an opportunity for Beales to secure the seat, it also serves as a partial referendum on the leadership of Prime Minister Rishi Sunak.

Economy

Jul 14, 2023

Global risk assets benefit from a falling US dollar-thumnail

Global risk assets benefit from a falling US dollar

The dollar is weakening quickly as a result of slowing U.S. inflation, which will be good for risk assets globally. The dollar has dropped over 13% in value relative to

Economy

Jul 14, 2023

India’s UPI is to be available in France soon at the Eiffel Tower site says PM Modi-thumnail

India’s UPI is to be available in France soon at the Eiffel Tower site says PM Modi

Prime Minister Narendra Modi has declared the Unified Payments System (UPI) which has achieved great success in India and will now be launched in France. This groundbreaking step aims to provide Indian tourists with the opportunity to make payments in rupees without the hassle of forex cards or cash. UPIs ongoing progress is evident through its recent agreements with Singapore and France. And there are further plans to extend its services to the United States, Europe, and West Asia.

Business

Jul 14, 2023

Jio Financial Services to Join multiple FTSE indices on 20th July-thumnail

Jio Financial Services to Join multiple FTSE indices on 20th July

Come July 20th, Jio Financial Services – a subsidiary of Reliance Industries Ltd – is poised to join multiple FTSE indices. As for when it will officially begin trading remains

Finance

Jul 14, 2023

Senco Gold’s, Jewellery retailer stock debut on bourses at a 35% premium-thumnail

Senco Gold’s, Jewellery retailer stock debut on bourses at a 35% premium

The opening day of trading for Senco Golds’ stock on July 14th brought about considerable excitement with an impressive premium of 35.96%. This boost can be attributed to several factors

Finance

Jul 14, 2023

Dollar Slides as Traders Anticipate a Pause in US Interest Rate Hikes-thumnail

Dollar Slides as Traders Anticipate a Pause in US Interest Rate Hikes

The US dollar experienced increased pressure on Thursday as traders interpreted slower-than-expected US inflation as a sign that interest rate hikes by the US Federal Reserve would likely come to

Finance

Jul 13, 2023

HDFC Bank becomes first to provide interoperability between UPI and CBDC-thumnail

HDFC Bank becomes first to provide interoperability between UPI and CBDC

HDFC Bank, recognized as India’s largest private sector bank has accomplished an extraordinary feat by achieving interoperability between the United Payment Interface (UPI) and Central Bank Digital Currency (CBDC). Thanks

Finance

Jul 13, 2023

IntegraGen Reports €5.6m in Incomes for H1 2023 Addressing 13% Lessening Contrasted with H1 2022 and a Money Position of €4.3m-thumnail

IntegraGen Reports €5.6m in Incomes for H1 2023 Addressing 13% Lessening Contrasted with H1 2022 and a Money Position of €4.3m

IntegraGen (FR0010908723 – ALINT), an OncoDNA Gathering organisation having some expertise in the decoding of the human genome which performs interpretable genomic dissects for scholastic and confidential research centres and

Finance

Jul 13, 2023

Indian Spacetech startups offering satellite launch services exempted from GST-thumnail

Indian Spacetech startups offering satellite launch services exempted from GST

Minister of State (MoS) for Science and Technology Jitendra Singh emphasized the pivotal role played by the private sector in India’s space economy highlighting that there are now 140 Indian space tech startups operating in India, which is a significant achievement due to the country’s liberalized space policies.

Business

Jul 12, 2023

Nazara Technologies; a leading online gaming company sees the minimal impact of a 28% GST decision-thumnail

Nazara Technologies; a leading online gaming company sees the minimal impact of a 28% GST decision

With regards to the latest ruling by the GST Council mandating a taxation rate of 28% on online gaming services, Nazara Technologies—a distinguished entity renowned for its expertise in both gaming and esports—confidently states that it foresees minimal impact.

Business

Jul 12, 2023


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