Are GDP Advance Estimates Indicating a Deeper Slowdown?
According to a report by Bank of America Global Research, the projected GDP growth rate represents the slowest pace since the pandemic, effectively reversing gains made during the recovery. This deceleration is likely to impact consumer confidence, wage growth, corporate revenues, investment, credit demand, and fiscal calculations.
Increasing bank account activity among affluent driving surge in financial management tools: CRED Money
India's affluent class is experiencing unprecedented levels of financial activity, with the median individual managing over 434 peer-to-peer banking transactions annually and experiencing accelerated flows...
Adani opts out of US funding for its Colombo Port project
Billionaire Gautam Adani-led conglomerate on Tuesday said it will use its own resources to fund a Sri Lankan port project and not seek US funding....
Gautam Adani, Sagar Adani clear of bribery charges as per DoJ Indictment, claims AGEL
In its filing, AGEL has cited the news reporting by various media houses on the bribery and corruption charges against Adani Officials as ‘Incorrect’. “Media articles which state that certain of our directors namely Mr. Gautam Adani, Mr. Sagar Adani and Mr. Vneet Jaain have been charged with violation(s) of the US Foreign Corrupt Practices Act (FCPA) in the indictment.
Moody’s cut rating outlook on seven Adani companies
Moody’s affirmed the ratings on all seven entities — Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.
Too little, too distant! India rejects USD 300 bn climate finance package for Global South
India on Sunday rejected the new climate finance package of a meagre USD 300 billion annually by 2035 for the Global South at the UN...
Exchanges seek clarification on disclosure violations by Adani Group entities
On clarification with regard to Kenya cancelling airport expansion and energy deals following the US bribery and fraud indictments, the group is yet to respond to the bourses
Sensex, Nifty advance in Muhurat session to start Samvat 2081 on a high
Benchmark Sensex rose by 335.06 points, or 0.42 per cent, to settle at 79,724.12 in a special Muhurat trading session on Friday, starting the new...
Ratan Tata made one foray into the movies, co-produced Bachchan starrer ‘Aetbaar’
On Thursday, as the country bid adieu to the industrialist and philanthropist who died at the age of 86 in a Mumbai hospital, the film’s team mourned his passing away. “Just came to learn of the passing of Shri Ratan Tata .. was working very late… a most respected , humble yet visionary leader of immense foresight and great resolve .. Spent some wonderful moments with him, during several humanitarian Campaigns we were involved in together .. My prayers,” Bachchan wrote on his blog
Ratan Tata’s Top Investments: A Visionary Approach to Innovation
His keen eye for innovation and future potential has led him to back several successful ventures, particularly in the fields of technology, healthcare, and consumer products. Here are some of his top investments that reflect his forward-thinking approach and support for entrepreneurship.