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Ravi Tiku’s Perspective: Decoding Today’s Headlines

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US emerges as India’s biggest trading partner in FY23 at $128.55 billion

April 17, 2023
US emerges as India's biggest trading partner in FY23 at $128.55 billion

The bilateral trade between India and the US has increased by 7.65 per cent to $128.55 billion in 2022-23 as against $119.5 billion in 2021-22, according to the provisional data of the commerce ministry. …

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Categories Finance News Tags FY23, Trading partner, US-Indian Deal

India to stay on course; likely to grow at 7% in 2022-23: FM Nirmala Sitharaman

April 16, 2023
India to stay on course; likely to grow at 7% in 2022-23: FM Nirmala Sitharaman

She also asked all G20 members to continue to support multilateral initiatives International Monetary Fund and World Bank have estimated India to be the fastest-growing major economy in 2023 Business Today Desk Finance Minister …

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Categories Finance News Tags IMF, Nirmala Sitaraman, World Bank

‘Whole thing about Adani was overblown by Hindenburg,’ says Mobius Capital’s Mark Mobius

April 15, 2023
'Whole thing about Adani was overblown by Hindenburg,' says Mobius Capital’s Mark Mobius

Hindenburg published its report on Adani group in January Mark Mobius noted that the Adani family’s involvement and the high debt of the company was known way before Hindenburg’s report came out.  Aakanksha Chaturvedi …

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Categories Finance News Tags Adani group, Hindenburg report, Mobius Capital

Orders Seniors To Come To Office 5 Days A Week

April 14, 2023
Orders Seniors To Come To Office 5 Days A Week

The bank had first ordered employees back to office in 2021. The bank also said that “it will punish any of its employees who fail to comply with its return-to-office rules”. World News Edited …

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Categories Finance News Tags J P Morgan, return to office rules, Work from home

ChatGPT ban: Italian govt agrees to resume service if OpenAI agrees to terms

April 13, 2023
ChatGPT ban: Italian govt agrees to resume service if OpenAI agrees to terms

OpenAI may soon get a green light in Italy Italian watchdog Grante asked OpenAI to inform Italian users of the ‘methods and logic’ behind the processing of data necessary for ChatGPT to operate Danny …

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Categories Finance News Tags ChatGPT, Italy, OpenAI

Credit Suisse rescue receives initial snub from Swiss parliament

April 12, 2023
Credit Suisse rescue receives initial snub from Swiss parliament

Politicians also questioned why the Swiss financial regulator was unable to prevent Credit Suisse’s failure The lower house retrospectively rejected the rescue near midnight, with heated debates continuing into the early hours of Wednesday …

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Categories Finance News Tags Credit Suisse, Switzerland parliament

Several Apple services down for some users – Downdetector

April 11, 2023
Several Apple services down for some users - Downdetector

Nearly 2,200 users reported problems with App Store in the United States. More than 3,300 users reported issues with accessing Apple Music at the peak of outage in the United States. Reuters Several Apple …

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Categories Finance News Tags #Apple •, #Apple services •, #Apple services down

Adani Group’s latest power plant in Jharkhand to lower Bangladesh’s electricity prices

April 10, 2023
Adani Group's latest power plant in Jharkhand to lower Bangladesh's electricity prices

The electricity supplied from Godda is expected to significantly improve the power situation in Bangladesh by replacing expensive power generated from liquid fuel Pranav Dixit Adani Power Limited (APL) has announced the commissioning of its …

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Categories Finance News Tags Adani group, bangladesh electricity, jharkhand

Why is Temasek-Manipal Health Enterprises deal ‘premium’?

April 9, 2023
Why is Temasek-Manipal Health Enterprises deal 'premium'?

Manipal Hospitals Temasek has acquired a majority stake in India’s Manipal Health Enterprises at a valuation of Rs 40,000 crore Neetu Chandra Sharma In one of the biggest healthcare deals, Singaporean global investment company …

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Categories Finance News Tags #Manipal Health Enterprises •, #manipal hospitals, #Temasek •

‘Hindenburg’s Adani report seems targeted,’ says Sharad Pawar; Congress responds

April 8, 2023
'Hindenburg's Adani report seems targeted,' says Sharad Pawar; Congress responds

Sharad Pawar also disagreed with Rahul Gandhi’s ‘Adani-Ambani’ style of targeting big business houses ‘An individual industrial group of the country was targeted, that is what it seems. If they have done anything wrong, …

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Categories Finance News Tags #Hindenburg Research •, #NCP, #Sharad Pawar •
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