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INDIAN ECONOMY AUGUST 2023
Reliance AGM: Key facts and numbers about Jio PlatformsMukesh Ambani's Reliance Jio Platforms is set for a significant Mumbai listing, aiming to raise approximately $3.8 billion. This move could...- Karnataka CM Shivakumar's first wish list: Water share, Bengaluru infra boostKarnataka Chief Minister DK Shivakumar has presented his first wish list to the Centre. His top priorities include securing the state's rig...
- Service exports are powering India's global growth story. It's time to recognise the businesses behind it.As India's services sector drives global growth, the Payoneer India Cross-Border Excellence Awards 2026 celebrate businesses exporting inno...
- Nifty IT crashes 6% to 3-year low as Infosys, HCL Tech, other IT stocks crash up to 9%. Time to buy the dip?The Nifty IT index slumped over 6% to a three-year low after Accenture’s guidance cut triggered a sharp sell-off in Infosys, TCS, HCLTech a...
- The onshore gateway to global capitalIndia's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....
- Rupee touches six-week high on oil slump, RBI effect lingersThe Indian rupee strengthened to a six-week high, buoyed by falling Brent crude prices below $80 a barrel and supportive central bank measu...
- How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
- HDFC Bank prices $750 mln bond in largest offshore deal by lenders since 2023, say bankersHDFC Bank has successfully raised $750 million through dollar bonds. This move capitalizes on the Reserve Bank of India's subsidized hedgin...
- 8 things happening to your money now & what every middle-class Indian must do before economy gets worse
- India, Canada agree to conclude free trade pact talks by year-endIndia and Canada are set to finalize a free trade agreement by the end of this year. Prime Minister Narendra Modi and his Canadian counterp...
- SC seeks ECI, Centre responses on plea against Aadhaar use beyond identity proofThe Supreme Court is examining a plea to ensure Aadhaar is used solely for identity verification. The petition argues its use for citizensh...
- P&G India flags pressure on consumer demand, input costsProcter and Gamble India sees rising costs and softening urban demand, with company executives saying inflation will impact consumer spendi...
- India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
- Cooling crude may ease inflation heat, give RBI room to stay on pause despite WPI surge: YES BankIndia's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crude oil prices and a stable rupee of...
- Goldman Sachs cuts India's 2026 CAD forecast to 1.3% of GDPIt expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy effic...
- India, UK working to resolve issues for trade pact implementationIndia and the UK are actively resolving issues impacting their free trade agreement. Discussions are underway in London to operationalize t...
- Indian AI startups pitch for funds from venture capitalists in US: Anirudh ArunIndian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns...
- French President Macron hails 'Chandrayaan-3' lunar landing as proof of India's innovation prowessFrench President Emmanuel Macron praised India's Chandrayaan-3 mission. He called it a prime example of India's innovation and technologica...
- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- RBI seen joining Asia’s rate-hike push as inflation risks riseThe Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...
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