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India's record diaspora inflows swamp banks, test RBI tools Gopali VenkateshThe 2DayBulletins Editorial Team publishes accurate, timely, and well-researched news and articles across Trending Topics , Business and Finance , Politics, Entertainment, Sports, Technology, Health, with a focus on delivering reliable information to readers. 2daybulletins.com
According to Sajjid Chinoy, chief India economist at JP Morgan, India’s “cyclical growth recovery” had been visible for the past six months, driven by a huge fiscal stimulus, including direct tax cuts in February last year, a reduction of consumption taxes in September and interest rates which have come off by about 1.5% since early … Read more
Sensex, Nifty rose as crude oil prices edged marginally lower on Thursday, snapping a three-day rally. Gopali VenkateshThe 2DayBulletins Editorial Team publishes accurate, timely, and well-researched news and articles across Trending Topics , Business and Finance , Politics, Entertainment, Sports, Technology, Health, with a focus on delivering reliable information to readers. 2daybulletins.com
Uber Technologies is cutting approximately 3,300 jobs, or about 10% of its global workforce, as part of a major restructuring designed to simplify the company’s organization and reduce layers of management. The move represents Uber’s largest workforce reduction since the COVID-19 pandemic. Chief Executive Officer Dara Khosrowshahi told employees that Uber’s rapid expansion had created … Read more
Broadcom is projecting a dramatic increase in sales of chips designed for artificial intelligence applications, signaling that demand for AI infrastructure remains strong despite growing concerns about the enormous cost of building data centers. The semiconductor company said AI chip revenue could reach approximately $115 billion in fiscal 2027, up from its earlier projection of … Read more
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India’s quarterly economic growth has exceeded expectations several times over the past year, defying a bleak global trade environment, high energy prices and geopolitical … Read more
A federal judge ruled Wednesday that Google doesn’t need to break up its advertising technology business after it was found to be a monopoly, according to a new report from the New York Times. The U.S. Department of Justice sued Google in 2023 under President Joe Biden’s tenure, which at the time argued that Google … Read more
India’s central bank said on Wednesday it had attracted $136.38 billion in inflows under its forex swap facility as of August ​31, with most of these coming via a dollar deposit scheme ‌aimed at the diaspora. Gopali VenkateshThe 2DayBulletins Editorial Team publishes accurate, timely, and well-researched news and articles across Trending Topics , Business and … Read more
Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited. Gopali VenkateshThe 2DayBulletins Editorial Team publishes accurate, timely, and well-researched news and articles across Trending Topics , … Read more
Supply and demand factors will likely hamstring policymakers seeking to ​cap borrowing costs. Gopali VenkateshThe 2DayBulletins Editorial Team publishes accurate, timely, and well-researched news and articles across Trending Topics , Business and Finance , Politics, Entertainment, Sports, Technology, Health, with a focus on delivering reliable information to readers. 2daybulletins.com