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Retail Inflation in India Expected to Fall to 4% in May Due to Lower Food Prices-thumnail

Retail Inflation in India Expected to Fall to 4% in May Due to Lower Food Prices

India’s headline retail inflation is expected to continue its downward trend towards 4%, the midpoint of the Reserve Bank of India’s (RBI) target range, according to economists. This decline is

Finance

May 15, 2023

Foxconn, an Apple supplier, would spend $500 million in Telangana and generate 25,000 employees in the first phase-thumnail

Foxconn, an Apple supplier, would spend $500 million in Telangana and generate 25,000 employees in the first phase

Foxconn, an Apple supplier, and a Taiwan-based contract manufacturer, would spend $500 million in the southern Indian state of Telangana, the state’s IT minister K. T. Rama Rao said on

Business

May 15, 2023

Shadowfax, a hyperlocal logistics company, plans to recruit 10,000 delivery partners-thumnail

Shadowfax, a hyperlocal logistics company, plans to recruit 10,000 delivery partners

Shadowfax, a last-mile logistics enterprise supported by Flipkart, intends to employ an additional 10,000 riders and delivery associates to seize the opportunities presented by India’s state-sponsored Open Network for Digital

Business

May 15, 2023

Asian Stocks Cautious Ahead of China’s Data and Fed Officials’ Speeches-thumnail

Asian Stocks Cautious Ahead of China’s Data and Fed Officials’ Speeches

Asian stocks started the week with caution as investors awaited China’s industrial and retail data, and speeches from U.S. Federal Reserve officials to support market pricing of rate cuts this

News

May 15, 2023

US Banking Regulators Struggle to Address Regional Bank Crisis-thumnail

US Banking Regulators Struggle to Address Regional Bank Crisis

The recent market volatility has pushed US banking regulators to take actions they did not want to take, including allowing the largest US bank to grow even bigger. As the

News

May 15, 2023

Upstox, funded by Ratan Tata and Tiger Global, achieves profitability in FY23 and records $1 billion in sales-thumnail

Upstox, funded by Ratan Tata and Tiger Global, achieves profitability in FY23 and records $1 billion in sales

Ratan Tata and Tiger Global-backed Upstox is seeking both organic and inorganic expansion options and currently has financial reserves of over Rs 1,000 crore.  Ratan Tata-backed discount broker Upstox achieved

News

May 15, 2023

Sensex and Nifty50 are prone to open in the red in the midst of negative worldwide prompts: Tata Motors, DMart, and Adani Group are among the stocks in the center-thumnail

Sensex and Nifty50 are prone to open in the red in the midst of negative worldwide prompts: Tata Motors, DMart, and Adani Group are among the stocks in the center

India’s benchmark records Sensex and Nifty50 are probably going to open in the red on Monday in the midst of negative signs in worldwide business sectors. SGX Clever, an early

News

May 15, 2023

Investor from the US Janus Henderson cuts PharmEasy’s valuation in half, to $2.8 billion-thumnail

Investor from the US Janus Henderson cuts PharmEasy’s valuation in half, to $2.8 billion

As of December 31, 2022, Janus Henderson valued its stake in the company at a valuation that was cut in half, or about $2.8 billion. The parent firm of online

Business

May 15, 2023

G7 Leaders Will Trade In New Sanctions That Target Russian Energy-thumnail

G7 Leaders Will Trade In New Sanctions That Target Russian Energy

The new actions of G7 leaders, which were revealed during the talks held from May 19 to 21, would target third-country sanctions evasion, aim to impair Russia’s future energy output,

News

May 15, 2023

Hyperpure’s auditor, a subsidiary of Zomato, resigns, right after increased competition-thumnail

Hyperpure’s auditor, a subsidiary of Zomato, resigns, right after increased competition

Following a shareholder decision on July 14, 2021, BB & Associates was re-appointed as Zomato Hyperpure Pvt Ltd’s statutory auditors for a term of five years. In a letter to

E-Commerce

May 13, 2023

Why Disney is losing consumers despite suffering lower streaming losses-thumnail

Why Disney is losing consumers despite suffering lower streaming losses

Disney’s share price fell by almost 9% as a result of the unanticipated drop in streaming subscribers on Thursday, which raised worries that the company is forgoing expansion to cut

Entertainment

May 13, 2023

G7 (Group of Seven) Finance Chiefs Discuss Challenges Facing Global Economy-thumnail

G7 (Group of Seven) Finance Chiefs Discuss Challenges Facing Global Economy

Finance ministers from the G7 (Group of Seven) countries met in Japan to discuss various issues facing the global economy, including banking regulation, the impact of Russia’s war in Ukraine,

News

May 13, 2023


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