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Crude oil is down by 1% on another surprise build in US crude stock-thumnail

Crude oil is down by 1% on another surprise build in US crude stock

Oil prices on Thursday fell as much as $1 after industry data showed a large expected increase in US crude stock for a second week, heightening concerns of a drop

Finance

Jan 19, 2023

India Ranks 4th Globally For Tech VC Investments In 2022, According To New Dealroom Report-thumnail

India Ranks 4th Globally For Tech VC Investments In 2022, According To New Dealroom Report

Despite a difficult global economic situation, investors in technology continue to invest significant amounts of money in Indian tech firms. A recent report from Dealroom and London & Partners found

News

Jan 19, 2023

<strong>At a value of $12 billion, PhonePe raises $350 million</strong>-thumnail

At a value of $12 billion, PhonePe raises $350 million

The investment, according to PhonePe, is the first installment of a $1 billion capital round. Financial and payment services unicorn The Walmart-backed business PhonePe has secured $350 million in a

Business

Jan 19, 2023

Despite slowdown fears, India’s economy’s animal spirit is moving to the right-thumnail

Despite slowdown fears, India’s economy’s animal spirit is moving to the right

In December, India’s economy showed signs of improvement as business conditions picked up, recovering from a slowdown the previous month. This was indicated by an increase in “animal spirits”, which

Finance

Jan 19, 2023

Tata Tech begins work on an IPO that might raise up to Rs 4,000 crore-thumnail

Tata Tech begins work on an IPO that might raise up to Rs 4,000 crore

The Tata Group, led by N Chandrasekaran, will soon make a new initial public offering (IPO). The most recent reports state that the group has started the process of listing

Business

Jan 19, 2023

Adani Enterprises 20,000 crore follow-on public issue to open on January 27-thumnail

Adani Enterprises 20,000 crore follow-on public issue to open on January 27

The price band has been fixed at Rs 3,112-3,276 per share, indicating a discount of 15 percent at the lower end to 18 January’s market close. Rs 64 discount has

Business

Jan 19, 2023

PM Modi Tags 2 New Mumbai Metro Lines Today, Starts Project Worth 38,000 Crores-thumnail

PM Modi Tags 2 New Mumbai Metro Lines Today, Starts Project Worth 38,000 Crores

Prime Minister will also mark Mumbai Metro Lines 2A and 7 at the cost of around Rs 12,600 crore. Prime Minister Narendra Modi will visit Maharashtra and Karnataka on Thursday

News

Jan 19, 2023

Microsoft to reduce its workforce by 5% in the 3rd quarter of FY23-thumnail

Microsoft to reduce its workforce by 5% in the 3rd quarter of FY23

Microsoft will take a $1.2 billion charge in Q2 related to severance costs, changes to hardware portfolio, and the cost of lease consolidation as it creates higher density across workspaces,

News

Jan 19, 2023

Pakistan will receive $2 billion from the UAE and is considering a further $1 billion loan-thumnail

Pakistan will receive $2 billion from the UAE and is considering a further $1 billion loan

UAE President Sheikh Mohammed bin Zayed Al Nahyan has promised an additional $1 billion on top of the existing $2 billion loan. On January 19, the Abu Dhabi Development Fund

Finance

Jan 19, 2023

A Twitter bird statue sold for $100,000 as Musk auctioned off HQ items-thumnail

A Twitter bird statue sold for $100,000 as Musk auctioned off HQ items

Among the 631 lots were espresso machines, ergonomically correct desks, televisions, bicycle charging stations, pizza ovens, and shaped decorative planters. Twitter’s new head, Elon Musk, launched a 27-hour online auction

News

Jan 19, 2023

Ethereum cost technical hints at 35% additions versus Bitcoin in 2023-thumnail

Ethereum cost technical hints at 35% additions versus Bitcoin in 2023

Ethereum market predominance has multiplied since the launch of its marking contract in December 2020 as ETH cost eyes levels not found in five years versus Bitcoin. Ethereum’s local token,

News

Jan 18, 2023

Government seeks spending proposal for final grant back call-thumnail

Government seeks spending proposal for final grant back call

The finance ministry has requested suggestions for spending for the last installment of additional funding requests from different government departments and agencies before the Budget session of Parliament begins. The

Finance

Jan 18, 2023


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