Bitcoin market cap scales $1 trillion
The year 2022 was marked by the high-profile implosion of crypto exchange FTX…reports Asian Lite News The value of the world’s most popular cryptocurrency,
Zee Denies Sony Merger Talks
Zee shares were up more than 8 per cent on Tuesday and closed at Rs 193, up Rs 14.35….reports Asian Lite News Zee Entertainment
RBI Rejects IMF’s Warning
Empirical findings show that medium-term complementarities between judicious fiscal consolidation and growth outweigh the short-run costs….reports Asian Lite News RBI economists, in a report
‘Outlook for Indian economy bright’
The Reserve Bank of India (RBI) has forecasted India’s real GDP to grow at 7 percent in 2024-25, with risks evenly balanced….reports Asian Lite
India Inc Seals $6.1B Deal Bonanza in January
The uptick in the deal activity was witnessed in private equity (PE) and presence of 2 billion-dollar investments worth $3.6 billion….reports Asian Lite News
Indian Banks: Growth Stalls, Margins Squeeze
State Bank of India, India’s largest bank by assets, posted lower net income after factoring in a 71-billion-rupee expense related to a wage bill
‘FII Selling May Intensify on US Inflation Surge’
This expectation has received a jolt from the US CPI inflation numbers rising year on year to 3.1 per cent against expectation of 2.9
Moove Raises $10M for India Expansion
The fresh capital will be utilised to scale the Indian fleet to over 5,000 and expand into new markets including Delhi, Pune and Kolkata…reports
Cisco Plans Layoffs
The company employs about 85,000 people, meaning that the latest job cuts are expected to affect more than 4,000 employees…reports Asian Lite News Global
Bosch posts 62% jump in net profit
The company said the net profit is 12.3 per cent of revenue from operations…reports Asian Lite News Auto components major Bosch Ltd on Tuesday
