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Alibaba shares lose $28 billion in a sign of a fizzling rally-thumnail

Alibaba shares lose $28 billion in a sign of a fizzling rally

The greatest drop in the stock price of Alibaba Group Holding Ltd. in the past three months highlights investor worry that China’s consumer rebound may fall short of high expectations.

Business

Jan 31, 2023

4 key things to watch in the 2023 Union Budget: capex, taxation, etc-thumnail

4 key things to watch in the 2023 Union Budget: capex, taxation, etc

The Union Budget for the 2023-24 financial year will be presented by the Finance Minister, Nirmala Sitharaman, on February 1, 2023. As it is the final full budget before the

Finance

Jan 31, 2023

India remains the world’s fastest-growing economy despite the global recession-thumnail

India remains the world’s fastest-growing economy despite the global recession

India’s growth rate will decline from 6.8 percent in 2022 to 6.1 percent in 2023. The International Monetary Fund (IMF) expects the Indian economy to slow slightly next fiscal year,

Finance

Jan 31, 2023

IMF expects India and China to account for half of the global growth in 2023-thumnail

IMF expects India and China to account for half of the global growth in 2023

The International Monetary Fund (IMF) forecasted that India and China would account for half of the global economic growth in 2023 and that the third-largest economy in Asia will continue

Finance

Jan 31, 2023

The report shows a 26% decrease in demand for affordable housing in Indian cities in 2022-thumnail

The report shows a 26% decrease in demand for affordable housing in Indian cities in 2022

According to a report released on Monday, the demand for affordable housing in Indian cities decreased from a significant 39% in 2018 to 26% in the previous year, as the

Business

Jan 30, 2023

BharatPe paid Rs 1.69 crore salary to Ashneer and Rs 63 lakh to his wife in FY22-thumnail

BharatPe paid Rs 1.69 crore salary to Ashneer and Rs 63 lakh to his wife in FY22

In the fiscal year 2022, the co-founder and managing director of the fintech platform BharatPe, Ashneer Grover, received a salary of 1.69 crores, and his wife, Madhuri Jain Grover, who

Advertising

Jan 28, 2023

LIC’s share in the Adani Group stocks fell by over 16,000 crore-thumnail

LIC’s share in the Adani Group stocks fell by over 16,000 crore

The fall in the price of stocks of the Adani group showed simultaneous damage on India’s largest life insurer, Life Insurance Corporation (LIC) of India. The fall in the value

Finance

Jan 28, 2023

Venture capitalists in the US hope Budget 2023 will support the growth and development of India’s startup ecosystem-thumnail

Venture capitalists in the US hope Budget 2023 will support the growth and development of India’s startup ecosystem

Venture capital firms based in the United States that are investing in India are looking forward to the Union Budget 2023 to provide support for the expansion and progression of

Finance

Jan 28, 2023

SEBI increases scrutiny of Adani Group after Hindenburg Research reports-thumnail

SEBI increases scrutiny of Adani Group after Hindenburg Research reports

The Securities and Exchange Board of India (SEBI) said that it has increased the scrutiny of the deals done by the Adani Group and will study a report issued by

Finance

Jan 27, 2023

Shares of Adani Group hit a low for the second straight trading day-thumnail

Shares of Adani Group hit a low for the second straight trading day

Sensex and Nifty on Friday tanked by 2% hitting a three-month low due to the heavy selling pressure in banking and financial shares. The Nifty 50 index was down by

Finance

Jan 27, 2023

Anupam Rasayan India Ltd Q3 net profit jumps 43.61% : Report-thumnail

Anupam Rasayan India Ltd Q3 net profit jumps 43.61% : Report

Anupam Rasayan India Ltd, a chemicals manufacturing company announced on Friday that its consolidated net profit had increased by 43.61% to reach a total of Rs 54.43 crore during the

Finance

Jan 27, 2023

Jyothy Labs reports a significant increase in consolidated profit, rising 77% to Rs 67.39 crore in Q3 ending December-thumnail

Jyothy Labs reports a significant increase in consolidated profit, rising 77% to Rs 67.39 crore in Q3 ending December

Fast-moving consumer goods company, Jyothy Labs Ltd, has reported an impressive increase in their consolidated net profit for the third quarter ending December 31, 2022. The net profit jumped by

Business

Jan 27, 2023


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