The week beginning August 28th is packed with major national and global macroeconomic events that could impact trading on Dalal Street. In the coming week, India’s first quarter GDP, budget deficit and infrastructure sector production, both for the month of
India is free to join the Regional Comprehensive Economic Partnership (RCEP), China’s Vice Minister of Commerce Wang Shouwen said in New Delhi on Friday, adding that it would boost India-China trade, which is growing “very fast”. The RCEP is the
Finance Minister Nirmala Sitharaman today underscored a five-pronged strategy for sustainable global economic growth, with inflation control and government-led investment being the key measures. She named investments in health and education, climate finance and diversification of supply chains as further
The company also informed the exchanges reporting this transaction that there will be no change in the management or control of Paytm as Sharma will continue to serve as Managing Director and CEO along with the existing board members. However,
The Reserve Bank of India on Thursday raised the transaction limit for digital small amounts in offline mode from ₹200 to ₹500, effective August 24. The move comes just days after Apex Bank made a proposal to boost transaction value
The number of artificial intelligence (AI) skilled workers in India increased 14-fold in June 2023 compared to January 2016, according to a LinkedIn survey. This growth places India among the top five countries in demand for AI talent, along with
Jefferies Financial Group Inc. is hiring about 10 investment bankers in India as the US consultancy looks to expand its operations in the world’s most populous country, people familiar with the matter said Bloomberg. According to the report, the firm
Social media giant Snap has appointed Pulkit Trivedi, former director of Google Pay, as chief executive for India operations. Trivedi will report to Ajit Mohan, who joined Snap last year as Asia Pacific head. “We are very pleased to welcome
A prominent Saudi business leader said that Saudi Arabia and the Indian business sector are on a successful growth path and have a desire to build sustainable, inclusive and diversified economies for the future. Abdulrahman Al-Fageeh, CEO of Saudi Basic
According to a report by Magicbricks, rental demand in 13 major cities in India increased by 18.1 percent in the second quarter of calendar year 2023 (Q2 CY2023), while rents increased by 4.9 percent compared to the previous quarter. The