May 2023 – Page 6 – The Headlines

Markets bounce back from intra-day lows; settle higher on fag-end buying

May 25, 2023 0

Equity benchmark indices bounced back from intra-day lows to settle in the positive territory on Thursday helped by fag-end buying. In a volatile trade amid […]

‘Ola Electric aims for IPO by 2023-end, hires Goldman, Kotak’

May 25, 2023 0

Ola Electric, an electric scooter producer and backed by investors including SoftBank and Tiger Global Management, plans to launch an initial public offering (IPO) and […]

German economy goes into recession as GDP shrinks by 0.3% in Q1

May 25, 2023 0

Germany’s economy has contracted by 0.3% in Q1 compared to the previous quarter, entering a recession, says the German statistics office. The decline follows -0.5% […]

India poised for world-beating growth, CEA Anantha Nageswaran says

May 25, 2023 0

India’s economy could expand by 6.5% this fiscal year thanks to strong credit demand, falling crude oil prices, and increased construction activity, according to V […]

One of lowest in history: Pakistan GDP growth slows sharply

May 25, 2023 0

Pakistan’s GDP grew provisionally by 0.29% in the fiscal year ending June 30, 2021, marking one of the lowest growth rates in country’s history. The […]

US stocks: Wall Street ends down as debt-ceiling clouds hover

May 25, 2023 0

US stocks fell, with the S&P 500 and the Dow Jones Industrial Average both down by 0.73% and 0.77%, respectively. The Nasdaq Composite dropped 0.61%. […]