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RBI Announces VRRR Auction to Tackle Liquidity Surplus-thumnail

RBI Announces VRRR Auction to Tackle Liquidity Surplus

RBI

Finance

Jun 6, 2023

OnePlus, Realme, and Oppo will split as parent company BBK Electronics Corp seeks to de-risk its India business-thumnail

OnePlus, Realme, and Oppo will split as parent company BBK Electronics Corp seeks to de-risk its India business

BBK Electronics Corp, China’s top smartphone manufacturer, has separated three of its major brands in India – Oppo, OnePlus, and Realme – into independent organizations, with revenues accounted for in their accounts, as it strives to mitigate the possibility of future government action against Chinese firms.

News

Jun 6, 2023

El Salvador is collaborating to develop a $1 billion Bitcoin mining facility-thumnail

El Salvador is collaborating to develop a $1 billion Bitcoin mining facility

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

Finance

Jun 6, 2023

Morgan Stanley Anticipates Temporary Earnings Dip for S&P 500 Companies in 2023, Followed by Strong Rebound in 2024-thumnail

Morgan Stanley Anticipates Temporary Earnings Dip for S&P 500 Companies in 2023, Followed by Strong Rebound in 2024

“Morgan Stanley predicts 16% drop in S&P 500 profits in 2023, followed by a strong rebound in 2024 due to accommodative Federal Reserve policy. Wall Street Bank anticipates earnings to

Industry

Jun 6, 2023

Bank of Korea (BOK) Prioritizes Dollar Liquidity Over Gold Holdings for Foreign Exchange Reserves-thumnail

Bank of Korea (BOK) Prioritizes Dollar Liquidity Over Gold Holdings for Foreign Exchange Reserves

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.

Finance

Jun 6, 2023

Nikhil Kamath, the youngest and fourth Indian to sign the Giving Pledge, has pledged to give away the majority of his money-thumnail

Nikhil Kamath, the youngest and fourth Indian to sign the Giving Pledge, has pledged to give away the majority of his money

Nikhil Kamath, the co-founder of Zerodha, stated that despite his young age, he is motivated to making a good difference in the world and believes that the foundation’s aim of

News

Jun 6, 2023

On Monday at 9 a.m., the Assam Higher Secondary Education Council announced the class 12th results-thumnail

On Monday at 9 a.m., the Assam Higher Secondary Education Council announced the class 12th results

On Monday at 9 a.m., the Assam Higher Secondary Education Council announced the results. Students can check their results at any of the following websites: ahsec.assam.gov.in, resultsassam.nic.in, assamresult.co.in, and assam.result.in.

Education

Jun 6, 2023

Byju’s takes Legal Action Against TLB Lenders, challenges debt- repayment acceleration-thumnail

Byju’s takes Legal Action Against TLB Lenders, challenges debt- repayment acceleration

Byju’s Battles TLB Lenders in Court, Takes on Redwood: Edtech giant Byju’s challenges the acceleration of a $1.2 billion loan, files a complaint and disqualifies Redwood. Amidst allegations, funding rounds, and delayed filings, the company remains resolute in its fight for fair treatment and seeks an amicable resolution.

Education

Jun 6, 2023

Apple Unveils New Mac Lineup: Introducing MacBook Air 15, Mac Studio, and Mac Pro, along with the Powerful M2 Ultra Chip-thumnail

Apple Unveils New Mac Lineup: Introducing MacBook Air 15, Mac Studio, and Mac Pro, along with the Powerful M2 Ultra Chip

“Apple Unveils New Mac Marvels: MacBook Air 15, Mac Studio, and Mac Pro, Powered by Game-Changing M2 Ultra Chip! Experience brilliance with a 15.3-inch liquid retina screen, Thunderbolt ports, and Dolby Atmos sound. M2 Ultra combines two chips for unrivaled performance. Get ready to revolutionize your Mac experience!”

New Launch

Jun 6, 2023

WestBridge Capital purchases majority stake in Kovai Pazhamudhir Nilayam of Tamil Nadu-thumnail

WestBridge Capital purchases majority stake in Kovai Pazhamudhir Nilayam of Tamil Nadu

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

Finance

Jun 6, 2023

Google chooses Eric Young as its new chief of engineering-thumnail

Google chooses Eric Young as its new chief of engineering

Eric Young, a former vice president of engineering at Alphabet Inc’s Google Cloud, will supervise Snap’s core infrastructure, which includes the popular photo messaging service Snapchat.

Business

Jun 6, 2023

The Japanese yen is weakening again, prompting another billion-dollar intervention-thumnail

The Japanese yen is weakening again, prompting another billion-dollar intervention

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

Finance

Jun 6, 2023


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