Fitch Upgrades India’s GDP Growth Forecast To 7.2% For FY25
Global rating agency Fitch Ratings has raised India's GDP growth forecast for FY 2024-25 to 7.2%, up from its previous projection of 7%.
Equity Markets Soar In Early Trade Owing To Positive Global Trends
In Asian markets, Singapore, Hong Kong, Tokyo, South Korea, Shanghai, Thailand, Malaysia, and Taiwan were trading higher, while Indonesia was trading lower
IBS Software Appoints Somit Goyal As New CEO
IBS Software, a leading provider of SaaS solutions, announced on Monday the appointment of Somit Goyal as its new CEO, effective immediately.
Adani Group Signs Agreement For 570 MW Green Hydro Plant In Bhutan
Gautam Adani announced a significant agreement with Bhutan marking a key step in sustainable energy & infrastructure development.
These Indian Startups Raise $202 Million, Growth Increases 100% From Last Week
In a significant development, Zepto, a quick grocery delivery platform, is preparing to raise nearly $650 million from both existing and new investors.
India Reclaims Fourth-Biggest Global Equity Market Position From Hong Kong
Since the new government took office, Indian stock market have surged to record highs, consistently surpassing global benchmarks.
Government Of India Reduces Windfall Tax On Crude Oil Amid Falling Global Prices
The Government of India has slashed the windfall tax on petroleum crude from Rs 5,200 to Rs 3,250 per metric tonne, effective from 15 June.
Elon Musk Criticizes OpenAI’s Integration With iPhones, Expresses Security Concerns
Tech magnate Elon Musk strongly opposes Apple and OpenAI collaborating, especially integrating ChatGPT into iPhones.
Hyundai Motor India Limited Files For $3 Billion IPO
Hyundai Motor India filed its draft red herring prospectus with SEBI on Saturday, aiming to raise about $3 billion through an IPO.
Adani Group Forges Strategic Alliance With Tanzania Across Key Sectors
Gautam Adani expressed his commitment on Friday towards establishing a robust and enduring collaboration with Tanzania.
