Economy – Page 47 – Arab Daily Digital

Indian Banks: Growth Stalls, Margins Squeeze

State Bank of India, India’s largest bank by assets, posted lower net income after factoring in a 71-billion-rupee expense related to a wage bill increase…reports Asian Lite News Indian banks face a

15 February 2024

Business·Economy

‘FII Selling May Intensify on US Inflation Surge’

This expectation has received a jolt from the US CPI inflation numbers rising year on year to 3.1 per cent against expectation of 2.9 per cent….reports Asian Lite News A major catalyst

15 February 2024

Business·Economy·India News

Moove Raises $10M for India Expansion

The fresh capital will be utilised to scale the Indian fleet to over 5,000 and expand into new markets including Delhi, Pune and Kolkata…reports Asian Lite News Global mobility fintech startup Moove

15 February 2024

Business·Economy·India News

Cisco Plans Layoffs

The company employs about 85,000 people, meaning that the latest job cuts are expected to affect more than 4,000 employees…reports Asian Lite News Global networking giant Cisco has announced that it plans

15 February 2024

Business·Economy·Tech Lite

Bosch posts 62% jump in net profit

The company said the net profit is 12.3 per cent of revenue from operations…reports Asian Lite News Auto components major Bosch Ltd on Tuesday reported a 62 per cent jump in net

15 February 2024

Business·Economy·Technology

India’s Smartphone Market Growth Slows in 2024

The second half of 2023 grew by 11 per cent, compensating for the sharp 10 per cent decline in the first half, according to the International Data Corporation (IDC)….reports Asian Lite News

14 February 2024

Business·Economy·India News

Astrotalk Secures Funds for Global Expansion

Astrotalk connects consumers to astrologers for horoscope readings, birth chart analysis, live prayers and more….reports Asian Lite News Spiritual tech startup Astrotalk on Monday said it has raised $20 million in a

13 February 2024

Business·Economy·India News

SteelBird’s Market Mastery Continues

The company has produced a staggering 80 lakh helmets in the previous calendar year alone, and the ambitious goal for the current calendar year 1st January 2024 to 31st December 2024 is

12 February 2024

Business·Economy·Motoring

Caution Advised: Stick to Large Caps

Markets have become very volatile and are giving some signs of a reasonably large correction happening in the coming period…writes Arun Kejriwal It was an extremely volatile week in which one saw

12 February 2024

Business·Economy·India News

Paymart Unveils ‘Virtual ATM’ with 5 Banks

The company is also in advanced discussions with four additional banks for further collaboration….reports Asian Lite News Fintech startup Paymart on Friday said that it has partnered with five Indian banks to

11 February 2024

Business·Economy·India News

Economy - Page 47