PB Fintech posts first quarterly profit in Q3
PB Fintech, the parent company of Policybazaar and Paisabazaar, reported its first quarterly profit in Q3FY24 with net profits of Rs 37.2 crore. The company’s […]
Day: January 30, 2024
IMF lifts global growth forecast citing unexpected ‘resilience’
The IMF has raised its 2024 global growth forecast to 3.1%, citing unexpected resilience in major economies. The inflation outlook shifted, with advanced economies expected […]
Sensex falls over 1%; Reliance Industries drags
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Air freight rates rise amid Red Sea crisis and in run-up to Asia’s Lunar New Year
The Red Sea, which is part of the east-west trade route from Asia’s manufacturing hubs to Europe and the east coast of the Americas, has […]
Budget 2024 income tax: Why Rs 20 lakh and not Rs 15 lakh should be the new threshold for 30% tax rate
Budget 2024 income tax expectations: Income tax rates and tax slabs under the Finance Act 2023 have been reduced to five from six to make […]
Warren Buffett’s investment can be a double-edged sword for companies
Warren Buffett’s investments cause executives’ angst and geopolitical risk. Japanese trading firms aim to diversify shareholders amidst Buffett’s holdings. These firms trace their roots to […]
GlobalLogic eyes $5 billion in revenue by 2028
GlobalLogic believes the game is transitioning from cost arbitrage to a value arbitrage model. The company partners with global capability centres (GCCs), focusing on deep […]
India can aspire to be $7 trillion economy by 2030: Review
The Indian economy is expected to achieve a growth rate of 7% in fiscal year 2025, following consistent growth of 7% or above in the […]