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June 5, 2023 in Indian Business News

European Central Bank chief signals more rate hikes ahead with inflation still ‘strong’

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FRANKFURT: European Central Bank head Christine Lagarde said Monday that price pressures are “strong” and made clear that the bank will raise interest rates high enough to bring down inflation and kee ...

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June 4, 2023 in Indian Business News

FPIs investment hit 9-month high at Rs 43,838 crore in May

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NEW DELHI: Foreign Portfolio Investors (FPIs) pumped in Rs 43,838 crore in Indian equities in May, the highest level in nine months, supported by strong macroeconomic fundamentals, and reasonable valu ...

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June 3, 2023 in Indian Business News

Ashwani Kumar new MD & CEO of UCO Bank

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KOLKATA: Ashwani Kumar has been appointed as the new MD and CEO of city-based public sector UCO Bank with effect from June one.Prior to this, he was the executive director of the state-owned Indian Ba ...

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June 2, 2023 in Indian Business News

Twitter’s head of trust and safety says she has resigned

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SAN FRANCISCO: Twitter's head of trust and safety, Ella Irwin, told Reuters on Thursday that she has resigned from the social media company, which has faced criticism for lax protections against harmf ...

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June 1, 2023 in Indian Business News

Elon Musk again world’s richest person as Arnault’s LVMH sinks

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Elon Musk has retaken the title of world’s wealthiest person.The Tesla Inc. chief executive officer surpassed luxury tycoon Bernard Arnault on Wednesday after shares of Arnault’s LVMH fell 2.6% in Par ...

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May 30, 2023 in Indian Business News

Nvidia becomes first chipmaker valued at over $1 trillion

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NEW YORK: Nvidia Corp breached the $1 trillion in market capitalization on Tuesday, making it the first chipmaker to join the trillion-dollar club.The gaming and AI chip company, whose shares rose 4.2 ...

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