MSCI’s India stock gauge heads for correction amid Adani selloff
The MSCI India Index slid as much as 1.7%, taking its losses from a December 1 peak to more than 10%. Eight of the 10 […]
Day: February 22, 2023
Investors lose Rs 6.97 lakh crore in 4 days as stock markets fall
Domestic equity indices extended their fall for the fourth session in a row, wipping off Rs 6.97 lakh crore of investor’s money. As a result, […]
India remains ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD
India remains a bright spot at a time when the IMF is projecting 2023 to be difficult with global growth slowing down from 3.4 per […]
China lends Pakistan $700 million to shore up forex reserves
Pakistan will receive a new $700 million loan from China this week to shore up its foreign exchange reserves. The credit facility comes as Pakistan […]
McKinsey to cut about 2,000 jobs
McKinsey & Co plans to eliminate about 2,000 jobs, one of the consulting giant’s biggest rounds of cuts ever. The firm known for devising staff-reduction […]
More airports, better connectivity boosting national progress: PM Modi
Prime Minister Narendra Modi on Wednesday said the aviation sector is bringing people closer and boosting national progress with more airports and better connectivity. The […]
Judge asks if Elon Musk’s $56 billion Tesla pay hangs on a legal ‘kill shot’
The trial challenging Elon Musk’s $56 billion pay at Tesla Inc may hang on whether a single material misleading disclosure to shareholders would void the […]