Global Market​​

India Poised to Surpass Japan in Nominal GDP Rankings by 2025

India Poised to Surpass Japan in Nominal GDP Rankings by 2025

India is on track to overtake Japan in nominal Gross Domestic Product (GDP) rankings, driven by sustained economic growth and a stable currency, while Japan faces stagnation and a weakening yen. Key Predictions: Current Scenario: In 2023, India’s GDP stood at $3.55 trillion, while Japan’s was $4.22 trillion, according to World Bank data. The IMF […]

India Poised to Surpass Japan in Nominal GDP Rankings by 2025 Read More »

US ETFs Witness Record $913 Billion Inflows in 2024, Setting New Wall Street Milestone

US ETFs Witness Record $913 Billion Inflows in 2024, Setting New Wall Street Milestone

The exchange-traded fund (ETF) market has hit a historic milestone in 2024, with net inflows exceeding $913 billion as of November, marking the largest annual inflows ever recorded. The previous record of $910 billion, set in 2021, has now been surpassed with a month still left in the year, as per Bloomberg Intelligence data. This

US ETFs Witness Record $913 Billion Inflows in 2024, Setting New Wall Street Milestone Read More »

Bitcoin Nears $90,000 as Pro-Crypto Agenda Sparks Fresh Rally

Bitcoin Nears $90,000 as Pro-Crypto Agenda Sparks Fresh Rally

Bitcoin prices surged close to $90,000 on Tuesday, reaching $89,599 as market sentiment turned highly optimistic following President-elect Donald Trump’s pro-crypto stance and his pledge to reshape the US cryptocurrency regulatory landscape. The rally gained momentum as Trump announced plans to position the US as a leader in cryptocurrency. His agenda includes setting up a

Bitcoin Nears $90,000 as Pro-Crypto Agenda Sparks Fresh Rally Read More »

Qualcomm Reportedly Eyeing Intel Acquisition Amidst Struggles at Intel

Qualcomm Reportedly Eyeing Intel Acquisition Amidst Struggles at Intel

According to a report from The Wall Street Journal, Qualcomm is reportedly exploring a potential acquisition of Intel. Qualcomm, which recently made its foray into PC processors, has approached Intel about a takeover, though the deal is described as “far from certain” and would likely face significant regulatory challenges. Intel, once a dominant player in

Qualcomm Reportedly Eyeing Intel Acquisition Amidst Struggles at Intel Read More »

US Companies Shift Focus from China to India Amid Rising Tensions, Says Report

US Companies Shift Focus from China to India Amid Rising Tensions, Says Report

A recent report by the American Chamber of Commerce in Shanghai highlights how growing US-China trade tensions and China’s slowing economy are pushing many companies to look for alternative markets like India and Southeast Asia. The 2024 China Business Survey, released on September 12, shows that 40% of companies are redirecting investments originally planned for

US Companies Shift Focus from China to India Amid Rising Tensions, Says Report Read More »

Jackson Hole Economic Policy Symposium 2024

Jackson Hole Economic Policy Symposium 2024: Key Details on US Fed Chair Powell’s Speech

The Jackson Hole Economic Policy Symposium 2024 is underway in Wyoming, attracting global financial leaders and central bankers to this highly anticipated event. Often referred to as the “Davos of central bankers,” this annual retreat serves as a critical platform for discussing economic policies that have far-reaching impacts on global markets. This year’s focus is

Jackson Hole Economic Policy Symposium 2024: Key Details on US Fed Chair Powell’s Speech Read More »

Wall Street Closes Strong as Economic Fears Subside, Best Weekly Gains of 2024

Wall Street Closes Strong as Economic Fears Subside, Best Weekly Gains of 2024

U.S. stocks climbed on Friday, giving back their strongest week of the year, as fears of a possible recession waned. The S&P 500 and Nasdaq registered a seventh day of consecutive gains, rebounding from losses two weeks ago when weak economic data and fear of a recession rattled investors. All three major indexes notched their

Wall Street Closes Strong as Economic Fears Subside, Best Weekly Gains of 2024 Read More »

Nvidia Delivers Latest AI Chips

Nvidia Delivers Latest AI Chips to Indian Partners for AI Cloud Infrastructure

Nvidia, the leading AI chip manufacturer, has commenced the delivery of its newest AI chips, including the GH200 AI, to major Indian partners like Tata Communications and Jio Platforms. These companies are leveraging advanced technology to build AI-cloud infrastructure across India. Vishal Dhupar, Nvidia’s managing director for South Asia, confirmed the ongoing deployment, stating, “Yes,

Nvidia Delivers Latest AI Chips to Indian Partners for AI Cloud Infrastructure Read More »

canada plan to sell delhivery

Canada Pension Plan Investment Board Likely to Sell Entire Stake in Delhivery

MUMBAI, July 9, 2024 – The Canada Pension Plan Investment Board (CPPIB) plans to sell its entire 3.18% stake in the logistics company Delhivery through block deals on July 10, as reported by CNBC-TV18. Sources indicate that the block deal will be valued at approximately Rs 886 crore. Shares will be offered in the price

Canada Pension Plan Investment Board Likely to Sell Entire Stake in Delhivery Read More »

Scroll to Top