Tag: News

Opinion

Indian rupee drops to lifetime low on outflow worries

the financial -
The Indian rupee fell to an all-time low at the open on Monday, on worries that the risk off prompted by US recession worries...
Business

DAE Announces Financial Results for the Six Months Ended June 30, 2024

the financial -
Selected Business and Operating Highlights: • Unsecured credit ratings upgraded to Baa2 by Moody’s and to BBB by Fitch Ratings • Number of aircraft acquired: 10...
Spotlight

Central banks are turning the ship, but their path is unclear

the financial -
Decisions by major central banks this week brought the end of pandemic-era monetary policy into closer view, but also highlighted how long the road...
Spotlight

World stocks turn lower as US data sparks worry, yields rise

the financial -
Global equities turned lower on Thursday as U.S. manufacturing data dragged and financial stocks in Europe saw their biggest one-day rout since March 2023. Treasury...
Business

BNP Paribas in talks to buy AXA Investment Managers for 5.1 billion euros

the financial -
BNP Paribas is in exclusive talks with French insurer AXA to buy 100% of its AXA Investment Managers arm at an agreed price of...
Economy

OIC General Secretariat Holds Meeting of Standing Finance Committee

the financial -
The General Secretariat of the Organization of Islamic Cooperation (OIC) has held a meeting of the Standing Finance Committee today at its headquarters in...
Crypto

Riot Platforms Reports Q2 Loss After Bitcoin Halving

the financial -
Bitcoin mining firm Riot Platforms reports a total revenue of $70.0 million from the $76.7 million recorded in the same period last year. The drop is...
Banking

UAE Central Bank follows US Fed move, holds rates at 5.4%

the financial -
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 5.40%. This decision...
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Startup

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

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Info Edge has approved a commitment of up to...
AI & Technology

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

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MeltPlan, a pre-construction AI platform, today said it has...
Startup

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

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Gushwork, an agentic AI startup raised a $9 million...
AI & Technology

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

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SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...
Startup

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

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Tattvam AI, a deeptech startup building AI systems to...

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