The Monetary Policy Committee (MPC) has maintained its economic growth projections for the 2023-24 financial year at 6.5%. While the first two quarters are expected to deliver slightly more growth,

IKIO Lighting’s IPO generates buzz, oversubscribed 3.61 times, with strong investor demand. LED solutions provider seeks to raise Rs 350 crore for debt repayment, new facility setup, and corporate purposes. A diverse customer base and integrated manufacturing infrastructure contribute to investor enthusiasm.

The President of the Dutch central bank, Klaas Knot, has stated that underlying price pressures in the euro zone may pose challenges, although monetary policy is exhibiting signs of effectiveness.

RBI

Volcano Energy stated that the funds would be used to build a 241 MW solar and wind energy power generation park in the northern town of Metapan, which will eventually

In a recent statement, the Bank of Korea (BOK) expressed its preference for maintaining dollar liquidity rather than increasing its gold holdings for foreign exchange reserves. The BOK’s Reserve Management Group highlighted the need for a cautious approach in determining the gold-to-reserves ratio, citing various factors influencing their decision.

According to sources, private equity firm WestBridge Capital has acquired a majority investment in Tamil Nadu-based fruits and vegetable retailer KPN Farm Fresh in an effort to increase its bets

Because of recent currency weakening, some market observers believe that the central bank of Japan will continue to pursue its ultra-dovish monetary policy in an environment of high rates and

Embassy Office Parks REIT, India’s first listed Real Estate Investment Trust (REIT), recently announced its successful debt raise of Rs 1,050 crore through non-convertible debentures (NCDs). This campaign is being held in order to refinance bank loans whose interest rates are about to reset.

PayPal, a name synonymous with groundbreaking advancements in digital transactions, has revolutionized the way we engage in financial exchanges. This pioneering company, founded in December 1998 by visionaries including Peter

Investor sentiment regarding the euro zone economy took a downturn in June, largely driven by negative expectations for Germany, the largest economy in Europe, according to a survey conducted by economic analysis company Sentix.

The monthly survey, which assesses whether investors hold positive or negative views on growth prospects, revealed a drop in sentiment to -17 points for June, compared to -13.1 in May. This figure was even lower than the expected -15.1 predicted by analysts surveyed by Reuters.

Private sector economic activity in South Africa has contracted for the third month in a row, according to the latest survey from S&P Global. The South Africa Purchasing Managers’ Index (PMI) fell to 47.9 in May, marking its lowest level since July 2021. The PMI is an indicator of economic health, with readings above 50 indicating growth in activity.