Goldman Sachs has raised its 12-month recession probability to 35%, up from its earlier estimate of 20%, citing weaker economic conditions and escalating trade tensions. In a recent research report, the global investment bank lowered its growth forecast for 2025,
Indian snacks manufacturer Haldiram on Monday, March 31, announced the confirmation of two new investors, the Abu Dhabi-based International Holding Company (IHC) and Alpha Wave Global, as a part of its equity financing round, reported the news agency Reuters. (This
In a significant change to regulations, oil and gas regulator PNGRB has proposed a new policy of how tariffs for pipelines carrying gas to users will be determined, and proposed charging city gas entities selling CNG and piped cooking gas
‘If in our cities, all urban bus transport services are free, then taxpayers are paying for it, or if electricity were to be made free, that’s a huge cost to the rest of the people.’ IMAGE: Finance Secretary Ajay Seth.
The implication of April 2 reciprocal tariffs on global trade, trends in overseas markets and trading activity of foreign investors would dictate equity investors’ sentiment in a holiday-shortened week ahead, according to analysts. Stock markets would remain closed on Monday
After cement, billionaire Gautam Adani’s group and Kumar Mangalam Birla’s Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector. In less than a month,
The board of BSE Ltd. has recommended the issue of two free shares for every one share held by its shareholders as on the record date. BSE made the announcement on Sunday, March 30. This is the second instance since
BSE Bonus Issue: The Board of Directors of the stock exchange firm, Bombay Stock Exchange (BSE) on Sunday, March 30, approved the bonus issue of equity shares in the ratio of 2:1, according to an exchange filing on the NSE
Haldiram has entered into an agreement with Temasek as part of which the Singapore-headquartered global investment firm will “acquire an equity stake from the existing shareholders” of India’s largest packed snack and sweets company and restaurant operator, according to a
‘I don’t see 88 per dollar now.’ Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Free stock photos from www.rupixen.com/Pixabay.com The rupee logged its highest monthly gain this March in over six years
