Indian benchmark indices gave up early gains on Tuesday amid concerns over the slowing global economy. The BSE Sensex tanked 632 points, or 1.04 per cent, to settle at 60,115.48.…
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Asian shares subdued, dollar steady, focus on US CPI data
Asian equities edged higher on Wednesday, while the dollar steadied as investors braced for US inflation data that will influence the Federal Reserve’s interest rate policy. MSCI’s broadest index of…
‘Crisis is intensifying’: World Bank warns of a global recession in 2023
The World Bank on Tuesday warned of a recession in 2023 and said a sharp, long-lasting slowdown is expected to hit developing countries hard. It said global growth is slowing…
‘A Mercedes on completing 5 years’: Ashneer Grover’s promise to staff in new startup Third Unicorn
BharatPe co-founder Ashneer Grover has announced his new startup Third Unicorn. The former Shark Tank judge shared details about his new venture on LinkedIn and has invited investors and people…
India better positioned to navigate global headwinds: World Bank
India’s economy has demonstrated resilience despite a challenging external environment, the World Bank said on Tuesday. The World Bank has revised its 2022-23 GDP forecast upward from 6.5 per cent in October…
Unacademy fires 40 employees in subsidiary Relevel; to build LinkedIn competitor NextLevel
Edtech unicorn Unacademy is conducting another round of layoffs as its upskilling platform Relevel is moving away from education business to focus on products pivoting around exam tests and the…
Sensex, Nifty trade setup: 10 things you should know ahead of Wednesday’s session
Indian equity benchmarks fell sharply on Tuesday, dragged by index heavyweight Reliance Industries, HDFC twins (HDFC and HDFC Bank) and ICICI Bank. At closing, the 30-pack Sensex was down 631…
Healthtech start-up Qritive bags $7.5 mn in a Series A round, looks to improve cancer care
Healthcare AI start-up Qritive has raised $7.5 million in a Series A round led by MassMutual Ventures, with participation from SEEDS Capital and Exfinity Venture Partners. The start-up plans to…
Titan vs Kalyan Jewellers: Which jewellery stock should you consider post Q3 business updates?
Shares of Titan Company Limited and Kalyan Jewellers India are in focus after the companies reported their December quarter updates. Titan reported a double-digit growth of 12 per cent (YoY)…
4 years’ salary as bonus! This Shanghai-based company’s employees are truly lucky
A Taiwanese shipping company is celebrating a successful year by rewarding employees with massive performance bonuses. According to a Bloomberg report, Evergreen Marine Corp. has given year-end bonuses equal to…