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5/26/23

Germany, World's Fourth Largest Economy, Enters Recession

 Germany, World's Fourth Largest Economy, Enters Recession Germany economy contracted slightly in the first quarter, and thereby was in recession after negative growth in the fourth quarter of 2022. By Er Kamalanathan JHe euro dropped on Thursday as Europe's largest financial...

Gold at 2-mth low as debt ceiling uncertainty fuels dollar demand

 Gold at 2-mth low as debt ceiling uncertainty fuels dollar demand By Er Kamalanathan JGold costs hovered around two-month lows on Friday and had been set for steep weekly losses as worries over elevating the U.S. Debt ceiling and expectancies of excessive interest...

5/24/23

Cummins India Q4 consequences: Net income jumps sixty one on robust demand; company did now not trouble FY24 guidance

 Cummins India Q4 consequences: Net income jumps sixty one on robust demand; company did now not trouble FY24 guidanceOn future outlook, Cummins stated that even though the enterprise is wellpositioned to address any challenges with its sturdy stability sheet and prudent...

5/22/23

China bans foremost chip maker Micron from key infrastructure initiatives

 China bans foremost chip maker Micron from key infrastructure initiatives By Er kamalanathan JChina says merchandise made by using US reminiscence chip large Micron Technology are a countrywide safety hazard.The usa's our on-line world regulator introduced on Sunday...

Honda should carry the CL250, CL300 Scrambler motorcycles to India

 Honda should carry the CL250, CL300 Scrambler motorcycles to India  By Er Kamalanathan JThe Honda CL ought to take on the likes of the Royal En field Hunter 350 and others.Honda Motorcycle and Scooter India is calling at a revival of the ‘CL’ variety of motorcycles,...

NCLAT upholds NCLT order admitting plea through Go First Airlines for initiation of insolvency court cases

 NCLAT upholds NCLT order admitting plea through Go First Airlines for initiation of insolvency court casesA coram of Chairperson Justice Ashok Bhushan and Member (Technical) Barun Mitra of NCLAT rejected the plea filed through lessors of aircraft's of Go First Airlines...

5/19/23

"The Dollar's Explosive Surge: Short-Lived Momentum Amidst Uncertain Prospects"

 "The Dollar's Explosive Surge: Short-Lived Momentum Amidst Uncertain Prospects" By Er Kamalanathan jIntroduction:In recent times, the US dollar has experienced a remarkable surge, gaining strength against several major currencies. This sudden upward trajectory has...

"Wealthy Indians' Investment Insights: Exploring Riches in REITs and GIFT City"

 "Wealthy Indians' Investment Insights: Exploring Riches in REITs and GIFT City" By Kamalanathan JIntroduction:In the world of investing, the strategies and choices of the wealthy can often serve as valuable insights for individuals seeking to grow their wealth. From...

Mukesh Ambani Regains the Spotlight: A Closer Look at the Resurgence of India's Business Mogul

 Mukesh Ambani Regains the Spotlight: A Closer Look at the Resurgence of India's Business Mogul By Er Kamalanathan j Introduction:Mukesh Ambani, the renowned Indian business tycoon and chairman of Reliance Industries, has once again captured the attention of the business...

"Saudi Tourism Sector Resilient: Rapid Recovery Amid Global Economic Uncertainties, Reports PwC Middle East"

 "Saudi Tourism Sector Resilient: Rapid Recovery Amid Global Economic Uncertainties, Reports PwC Middle East" RIYADH: Amid global economic uncertainties precipitated by means of high inflation, geopolitical tensions, and growing hobby prices, Saudi Arabia’s tourism...

Market Movers: Debt Limit Talks, Biden's Overseas Trip, and Walmart's Report Shape Market Sentiment

Market Movers: Debt Limit Talks, Biden's Overseas Trip, and Walmart's Report Shape Market Sentiment   By Er Kamalanathan jIntroduction: The global market landscape is currently shaped by several significant events and developments. In Washington, attention...

IndiGo Q4 Results: Firm posts income of Rs 919 crore; revenue soars seventy six% YoY

 IndiGo Q4 Results: Firm posts income of Rs 919 crore; revenue soars seventy six% YoY SynopsisRevenue from operations all through the March sector rose 76% 12 months-on-12 months to Rs 14,a hundred and sixty crore. It changed into Rs 8,021 crore inside the corresponding...

5/18/23

Amazon's AWS to make investments $12 bn into India's cloud infra, confirms CEO Selipsky

 Amazon's AWS to make investments $12 bn into India's cloud infra, confirms CEO Selipsky Amazon Web Services has introduced plans to make investments $12.7 billion into cloud infrastructure in India through 2030 to meet developing client demand for cloud services in...

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