BUSINESS
Rapido Expands Services: Enters Cab Business with Innovative Intra-City Mobility Solution
Pavan Guntupalli, Co-founder of Rapido, highlighted the innovative approach of their SaaS-based platform, which aims to revolutionize the conventional commission system for drivers.
Adani Green Secures $3 Billion Construction Financing Framework Milestone
The funding is a substantial milestone for AGEL, enabling the initial development of 2,167 MW at the Khavda site, with future plans to expand its renewable capacity to 45 GW by 2030.
Moody's Shifts China's Bond Outlook to Negative Amid Rising Debt Levels
China has been increasing its borrowing to implement fiscal stimulus measures aiming to uplift a slowing economy.
2023 Sees Small and Midcaps Outshining Nifty Performance
In November 2023 specifically, midcaps and smallcaps continued their outperformance, exceeding largecaps by 4.9 per cent and 6.5 per cent, respectively.
Report Shows 14% Increase in Hiring Across Government, PSUs, and Defence Sector
The report attributes this boost in hiring to various government policies and initiatives such as 'Make In India' and the Atmanirbhar Bharat Rojgar Yojana (ABRY), which aim to generate employment opportunities and consequently reduce the unemployment rate in the country.
Adani Group Stocks Surge Amid Reports of US Government Review Prior to Granting $553 Million Loan Despite Hindenburg Allegations
The International Development Finance Corp. (DFC), which extended up to $553 million for the Sri Lankan project, reportedly found the accusations in Hindenburg's report not applicable to Adani Ports & Special Economic Zone Ltd., the subsidiary leading the project.
India set to become world's third-largest economy by 2030: S&P
S&P envisions India achieving the 7% GDP growth milestone in 2026-27, positioning the country to become the third-largest global economy by 2030 and forecasting it as the fastest-growing major economy over the next three years.
Bitcoin Surge Drives Global Crypto Market to $1.5 Trillion Amid Panic Buying
This surge in Bitcoin's value propelled the overall crypto market capitalization beyond $1.5 trillion, marking a significant milestone since May 2022, when the crypto market faced a downturn triggered by the collapse of the Terra crypto token.
Nifty Surges 10% from October Lows in Impressive Rally
The Indian equities market experienced a surge, reaching a fresh high of 20,702 following the BJP's decisive victory in three states.
PSU Stocks Surge to Fresh Highs in Market Following BJP's Assembly Poll Victories
The BJP's victorious stance in the state Assembly polls across Madhya Pradesh, Rajasthan, and Chhattisgarh triggered a monumental rally, with PSU stocks emerging as the most significant gainers.
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