Global Market​​

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

/ Global Market​​

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 […]

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Jackson Hole Economic Policy Symposium 2024

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

/ Global Market​​

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

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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

/ Global Market​​

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

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Nvidia Delivers Latest AI Chips

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

/ Global Market​​

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,

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canada plan to sell delhivery

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

/ Global Market​​

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

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