Supreme Court Reserves Decision In Byju’s Insolvency Case, Stays Creditor Meetings
On August 2, NCLAT had approved an agreement between Byju's and the BCCI, halting the insolvency process under specific conditions
Ambuja Cements Joins Alliance For Industry Decarbonization As First Cement Manufacturer
Ambuja Cements Limited, a prominent entity within the Adani Group, has become the world’s first cement manufacturer to join the AFID.
Indian Stock Markets Reach Record Highs Amid Positive Global Sentiment
Asian markets reflected a bullish trend, with Tokyo, Hong Kong, Shanghai, Jakarta, and Seoul all trading in positive territory.
Sensex Closes At All-Time High, Nifty Above 26,000 For First Time
Stocks like Power Grid, Axis Bank, NTPC, and Bajaj Finserv led the gains, while Tech Mahindra, Tata Motors, and SBI were the top losers.
Indian Equity Markets Trade Flat Amid Mixed Global Cues
Indian equity markets displayed a flat trend on Wednesday, responding to mixed signals from global markets.
Indian Economy Set For 7.1% Growth In FY25, Moody’s Projects
Moody's Analytics also revised India's inflation forecast down to 4.7% from 5%. The country's inflation rate stayed below 4% in July and August. For 2025 and 2026, the inflation forecasts remain unchanged at 4.5% and 4.1%, respectively.
Google’s Sundar Pichai, Nvidia CEO Jensen Huang Praise PM Modi’s Vision For AI And Chip Manufacturing In India
Jensen Huang, after meeting PM Modi, called him an incredible student of technology. He expressed eagerness to partner with India, noting Nvidia’s collaboration with start-ups and IITs to seize AI’s transformative potential
Markets Shed Gains After Record High, Sensex Closes At 84,914
Top Sensex gainers included Tata Steel, Power Grid, Tech Mahindra, and HCL Tech. Major losers were HUL, UltraTech Cement, IndusInd Bank, and Kotak Mahindra Bank
S&P Global Ratings Maintains India’s GDP Growth Forecast At 6.8% For FY25, Cuts China’s Projection
S&P Global Ratings has affirmed India's GDP growth forecast at 6.8% for the fiscal year 2024-25, while simultaneously reducing China's economic growth outlook by 0.2 percentage points to 4.6% for the calendar year 2024.
Report Highlights Skill Gap Among Gig Economy Workers
Companies such as Uber, Ola, Swiggy, and Zomato are creating significant opportunities, reflecting a labor market shift accelerated by the pandemic.
