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After the windfall tax was reduced to zero, oil and gas stocks held stable; top gainers were Indian Oil, ONGC, and GAIL as well as Adani. 5% overall dips-thumnail

After the windfall tax was reduced to zero, oil and gas stocks held stable; top gainers were Indian Oil, ONGC, and GAIL as well as Adani. 5% overall dips

After the government reduced the windfall tax rates to zero on Tuesday, the price of oil and gas indices moved steadily.  The biggest gainers in this industry were Adani Total

Business

May 16, 2023

After the PhonePe transaction collapsed, Lizzie Chapman, the CEO of ZestMoney, resigned-thumnail

After the PhonePe transaction collapsed, Lizzie Chapman, the CEO of ZestMoney, resigned

There are currently only about 100 people working for ZestMoney, which originally had a 500-person workforce. About 170 ZestMoney employees have moved to PhonePe since the failed deal in March.

Business

May 16, 2023

The front-end DevTools startup Locofy.ai has raised $4.25 million-thumnail

The front-end DevTools startup Locofy.ai has raised $4.25 million

In its second seed-stage fundraising round, Northstar Ventures, a private equity firm supported by TPG Capital, raised $4.25 million for Locofy.ai, a front-end development acceleration platform that employs artificial intelligence

Investment & Funding

May 16, 2023

Asia Offers Pare Gains as China Information Frustrate: Markets Wrap-thumnail

Asia Offers Pare Gains as China Information Frustrate: Markets Wrap

Central area stocks swung to misfortunes and those in Hong Kong pared their development after the reports showed shopper spending and modern movement both developed at a more slow speed

News

May 16, 2023

Silicon Valley Bank President Greg Becker: ‘I’m really grieved’-thumnail

Silicon Valley Bank President Greg Becker: ‘I’m really grieved’

Previous Silicon Valley Bank President Greg Becker expects to let us know administrators Tuesday that no bank might have endured the $142 billion sudden spike in demand for the California

News

May 16, 2023

Pune real estate market sees the most elevated flood in the value of homes sold in FY23-thumnail

Pune real estate market sees the most elevated flood in the value of homes sold in FY23

The Indian housing market is by all accounts filling in volumes and worth also. As indicated by another report by Anarock, FY23 made another record of most noteworthy deals volume

News

May 15, 2023

Amazon carries out artificial intelligence to improve coordinated factors and conveyance speeds-thumnail

Amazon carries out artificial intelligence to improve coordinated factors and conveyance speeds

Amazon carries out artificial intelligence to limit item client distance, featuring its effect on transportation, item search, and stock. Amazon is focusing on utilizing man-made brainpower (simulated intelligence) to improve

E-Commerce

May 15, 2023

Samsung to explore South Korea’s CBDC for disconnected installments-thumnail

Samsung to explore South Korea’s CBDC for disconnected installments

The coordinated effort will host the two gatherings exploring the disconnected abilities of the CBDC given by South Korea’s national bank. Tech monster Samsung Hardware has purportedly cooperated with South

Business

May 15, 2023

Total demat accounts increased to 116 million in April, but NSE active users decreased by 16.3% YoY-thumnail

Total demat accounts increased to 116 million in April, but NSE active users decreased by 16.3% YoY

The Indian equities market rebounded well in April, with the benchmark Nifty50 index climbing 4%. The rise was fueled by robust inflows of foreign institutional investors into the domestic market

News

May 15, 2023

SEBI researching Adani beginning around 2016 is verifiably outlandish, the controller tells SC-thumnail

SEBI researching Adani beginning around 2016 is verifiably outlandish, the controller tells SC

The Protections and Trade Leading body of India informed the High Court on Monday that the market controller is now exploring Adani beginning around 2016 is genuinely unjustifiable. SEBI (The

News

May 15, 2023

The finance minister of the Philippines declares no justification for an increase in interest rates-thumnail

The finance minister of the Philippines declares no justification for an increase in interest rates

The finance minister of the Philippines, Benjamin Diokno, has stated that the country’s central bank has no reason to raise interest rates further as domestic inflation is easing. Diokno’s opinion

Finance

May 15, 2023

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


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