Latest on business — - The Indian Panorama

S&P raises outlook for India to ‘positive’

Jun 2, 2024 - 11:30 am EDT @theindpanorama 0

New Delhi (TIP)- After a gap of about 10 years, S&P Global Ratings has upped India’s outlook to positive from stable on robust growth prospects for next three years and public spending, and raised hopes […]

RBI approves record Rs 2.1 lakh crore dividend to Centre for FY24

May 25, 2024 - 9:09 am EDT @theindpanorama 0

Mumbai (TIP)- The Reserve Bank of India will pay a record Rs 2.1 lakh crore dividend to the government for the fiscal ended March 31, more than double of what was budgeted expectation, helping shore […]

US House approves crypto bill despite SEC warning of ‘immeasurable risk’

May 25, 2024 - 9:07 am EDT @theindpanorama 0

Washington (TIP)- The US House of Representatives passed a landmark bill on Wednesday that aims to establish a new regulatory framework for digital assets, setting the stage for a potential showdown with the Securities and […]

India rises to 39th rank on global tourism index

May 25, 2024 - 9:06 am EDT @theindpanorama 0

India’s rank on the World Economic Forum’s Travel & Tourism Development Index 2024 has risen to 39th place, with global tourism activities returning to pre-pandemic levels, the annual report showed. While the US topped the […]

Paytm posts Rs 550 crore loss in Q4, hints at job cuts

May 25, 2024 - 9:05 am EDT @theindpanorama 0

One 97 Communications Ltd, the parent company of Paytm, clocked a net loss of Rs 550 crore in the January-March period of FY24, a 3.2 times jump compared to the same period in the last […]

Fed’s Powell downplays potential for a rate hike despite higher price

May 18, 2024 - 3:00 am EDT @theindpanorama 0

Washington (TIP)- Federal Reserve Chair Jerome Powell said on Tuesday, May 14, that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view […]

Honda raises electrification investment to $65 bln through FY2030

May 18, 2024 - 2:59 am EDT @theindpanorama 0

Mumbai (TIP)- Japan‘s Honda Motor pledged to double its electrification and software investment to about $65 billion over the 10 years running through the 2030 business year, it said on Thursday, May 16. Honda CEO […]

India’s economy to expand 7% this yr, getting more investments than China: UN expert

May 18, 2024 - 2:58 am EDT @theindpanorama 1

United Nations (TIP)- India registered “very robust” economic growth performance and has become an alternative investment destination for many Western companies as “less and less” foreign investment is going into China, an expert at the […]

IEA cuts oil demand growth forecast by 1.4L barrels/day

May 18, 2024 - 2:56 am EDT @theindpanorama 0

The International Energy Agency (IEA) has scaled down its forecast for the growth in oil demand during 2024 as it expects the consumption of fuels to come down amid the economic slowdown in the advanced […]

India’s exports to 115 nations see uptick

May 11, 2024 - 8:41 am EDT @theindpanorama 0

India’s exports have increased to as many as 115 countries out of the total 238 destinations during 2023-24 despite the global economic uncertainties, according to commerce ministry’s data. These 115 export destinations, which account for […]

Sensex tanks 1,062 points amid poll jitters, across-the-board selloff

May 11, 2024 - 8:40 am EDT @theindpanorama 0

Mumbai (TIP)- Equity benchmark Sensex on Thursday, May 9, crashed over 1,000 points while the Nifty dived below the 22,000 level due to across-the-board selloff amid general election uncertainties. Besides, persistent foreign fund outflows and […]

Biden set to impose tariffs on China’s electric vehicles, strategic sectors

May 11, 2024 - 8:38 am EDT @theindpanorama 0

President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors including electric vehicles, according to two people familiar with the matter. The full announcement, which could take […]

Oil set for weekly gain as demand signs, geopolitics seen as positives

May 11, 2024 - 1:32 am EDT @theindpanorama 0

Oil rose on Friday, May 10, set for a weekly gain, as data this week from the U.S. and China, the world’s two largest crude users, pointed to higher demand and continuing uncertainty over the […]

Adani Enterprises Q4 net profit falls 37% to Rs 450 crore

May 4, 2024 - 4:41 am EDT @theindpanorama 0

New Delhi (TIP)-A dani Enterprises Ltd, the flagship incubator of billionaire Gautam Adani’s conglomerate, on Thursday, May 2, reported a 37 per cent drop in March quarter net profit, bogged down by one-time past airport […]

Oil prices rebound after closing at seven-week low

May 4, 2024 - 4:40 am EDT @theindpanorama 0

Oil prices rose on May 1, rebounding from three days of losses that took prices to their lowest since mid-March. Brent crude futures for July gained 79 cents, or 0.95%, to $84.23 a barrel by […]

Nifty hits an all-time high

May 4, 2024 - 4:38 am EDT @theindpanorama 0

Equity benchmark indices climbed in early trade on Friday, May 3, with the Nifty reaching its fresh all-time peak, following a rally in shares of Bajaj Finance and positive trends from the US markets. The […]

Sundar Pichai’s strict missive to Google employees: ‘This is a workplace, not…’

Apr 20, 2024 - 7:51 am EDT @theindpanorama 0

Washington (TIP)- Sundar Pichai said that employees need to be more focused “in how we work, collaborate, discuss and even disagree.” The message came in a blog post by the Google CEO following nine employees […]

India’s Infosys falls as annual revenue outlook disappoints

Apr 20, 2024 - 7:51 am EDT @theindpanorama 0

Bengaluru (TIP)- Shares of Infosys fell as much as 2.9% on Friday, April 19, a day after India‘s No.2 software services exporter forecast annual revenue below expectations, raising doubts over predictions of early recovery in […]

India’s crude import bill drops 16% but dependency hits new high

Apr 20, 2024 - 7:47 am EDT @theindpanorama 0

India’s crude oil import dropped 16 per cent in the last fiscal on lower international rates but the dependency on overseas suppliers rose to a new high, official data showed. India imported 232.5 million tonnes […]

Tesla in talks to partner with Reliance for EV manufacturing plant: Report

Apr 12, 2024 - 8:30 am EDT @theindpanorama 0

Electric vehicle (EV) manufacturing giant Tesla is in the initial stages of talks with Reliance Industries Limited (RIL) to form a joint venture to build a manufacturing plant in India, reported The Hindu BusinessLine quoting […]

US FAA probing Boeing whistleblower’s quality claims on 787,777 jets

Apr 12, 2024 - 8:28 am EDT @theindpanorama 0

Washington (TIP)- US air regulator is probing a Boeing whistleblower’s claims that the company dismissed safety and quality concerns in the production of the planemaker’s 787 and 777 jets, an agency spokesperson said. Boeing engineer […]

Fitch downgrades outlook on China to negative, affirms ‘A’ rating

Apr 12, 2024 - 8:15 am EDT @theindpanorama 0

Fitch Ratings revised the outlook on China’s long-term foreign debt to negative from stable, citing increasing risks to the country’s public finance prospects. Rising economic uncertainties and China’s efforts to shift its growth model away […]

Ola to shut ops in Britain, Australia, New Zealand; to focus on India

Apr 12, 2024 - 8:13 am EDT @theindpanorama 0

New Delhi (TIP)- Ride-hailing services provider Ola has decided to shut down operations in the UK, Australia and New Zealand and will continue to focus on India business, its promoter ANI Technologies said. The Softbank-backed […]

Fallen crypto mogul sent to 25 yrs in jail for fraud

Mar 29, 2024 - 9:02 am EDT @theindpanorama 0

Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-bankrupt firm. The ruling cements the downfall of the former billionaire, […]

Equity indices join rally in global markets as US Fed plans rate cut

Mar 22, 2024 - 9:04 am EDT @theindpanorama 0

New Delhi (TIP)- Benchmark equity indices Sensex and Nifty joined a rally in global markets on Thursday, March 21, after the US Federal Reserve maintained its projection of three rate cuts this year. According to […]

Signup to our Newsletter!