BUSINESS
Bitcoin's Market Cap Reaches Historic $1 Trillion Milestone
In 2023, Bitcoin witnessed significant gains, attracting investors back in large numbers in recent weeks. This surge has propelled Bitcoin's market capitalization above $1 trillion for the first time since its peak in 2021, according to CoinMarketCap data.
Indian Economy Set to Shine: Finance Ministry Projects 7% GDP Growth for FY'25"
The report highlights that the Indian economy is expected to grow by 7.3 percent in the current financial year, marking the third consecutive year of GDP growth exceeding 7 percent. Notably, the Ministry of Statistics and Programme Implementation's first advance estimates for FY24 project growth above 7 percent, leading several global agencies to revise their growth forecasts for India upwards.
Chefling Strikes Rs 40 Lakh Deal with Four Sharks on Shark Tank India 3 with DIY Cooking Kits
Originating from Mumbai, 25-year-old entrepreneur Rounit Gambhir introduced Chefling with the aim of simplifying the preparation process of exotic cuisines, particularly targeting individuals with busy schedules.
Study: Ram Mandir Construction Fuels Demand for 8,500-12,500 Branded Hotel Rooms in Ayodhya
A collaborative report by Mihir Chalishazar and Manav Thadani, CEO of Hotelivate, highlights the government's strategic focus on Ayodhya's development, aligning with the growing trend of spiritual and religious tourism nationwide.
Piyush Goyal Foresees India's Economic Growth to $35 Trillion by 2047
Speaking to a delegation comprising 35 journalists from 19 Latin American and Caribbean countries, Goyal emphasized Prime Minister Narendra Modi's comprehensive vision for uplifting the underprivileged alongside ensuring effective governance, which has propelled India from the 11th to the 5th largest economy globally over the past decade.
Political Instability in Pakistan Casts Doubt on IMF Agreement: Fitch's Concerns
The agency emphasized the importance of a new IMF agreement to replace the expiring Stand-By Arrangement (SBA) in March, highlighting it as crucial to Pakistan's credit profile. While the country received a second tranche of over USD 700 million last month under the existing SBA, Fitch stressed the necessity of reaching a new agreement to alleviate external liquidity stress and mitigate the risk of default.
Bihar Forecasts Fiscal Surplus for 2024-2025
Choudhary, who oversees the finance portfolio, reaffirmed Bihar's dedication to fiscal consolidation during his participation in the budget debate in the assembly. He highlighted the significant increase in economic activities within the state in recent years, attributing it to the policy measures implemented by the NDA government.
BYJU'S Engages with Disgruntled Investors, Aims to Secure Investments to Maintain Shareholding
In January, BYJU'S initiated a rights issue aiming to raise $200 million through equity rights at a valuation ranging from $220 million to $250 million. This valuation marks a significant decrease of 99 percent from its peak valuation of $22 billion.
Orbo AI Lands Rs 1 Crore Deal on Shark Tank India 3 with Vineeta Singh
In today's digital age, technology has seamlessly integrated into various aspects of our lives, making beauty brands and services more accessible than ever before. With Beauty AI, driven by AI and AR, consumers can now experience real-time virtual try-ons from the comfort of their homes, transforming the traditional shopping experience.
Foreign Portfolio Investors Offload Holdings Worth Rs 29,519 Crore in Current Fiscal Year
During February up to the 16th, FPIs divested equity holdings amounting to Rs 6,112 crores through exchanges. However, investments in 'the primary market and others' mitigated the net selling figure for the same period to Rs 3,775 crores. Overall, in the year 2024, FPIs have offloaded holdings worth Rs 29,519 crores.
Don't Miss
Advertisement