One of the world’s leading rating agencies, Moody’s Investors Services, has cut India’s GDP growth projections for FY22 by 70 basis points from 7.7% to 7.0%. This refers to calendar year estimates of Moody’s. The agency has identified higher

In his career Jeff Bezos has achieved several distinctions. Apart from being the world’s richest man for a better part of the last 5 years, Bezos also has the distinction of being a pioneer in online commerce, in the cloud business and in the drone

There was finally a piece of good news flowing in from the US and it was in the form a sharper than expected fall in the rate of consumer inflation. Till June 2022, the consumer inflation was on consistently moving up before it finally peaked in the

In what could send a chill down the spines of the tech sector job seekers, Meta Platform plans to lay off nearly 13% of its workforce of 87,314 people. This is the first time since its inception in 2004 that Mark Zuckerberg would be undertaking such

Today, India ranks as the fifth largest economy in the world behind the US, China, Japan and Germany in that order. It is still open to debate as to whether Indian economy has a higher GDP compared to UK and France or whether it lags behind. Either w

PE funds and venture capital companies have been active in the Indian market for quite some time now. That is hardly surprising considering that India has a robust start-up ecosystem. Now it is the turn of stressed asset funds to enter India in an ag

It looks like the Hyderabad based hospital and healthcare chain, Care Hospitals, may finally land up on the lap of one of the private equity giants. It is reported that KKR and Temasek, are among the final round bidders for Care Hospital while

The Hyderabad based Suven Pharmaceuticals may soon be changing ownership as private equity players are vying for the stake that the promoters are planning to hive off. As of now, based on what we know, it looks like two private equity investors viz.

It was almost like a fait accompli, meaning the 75 bps rate hike by the Federal Reserve was almost taken from granted well ahead of the meeting. When the Fed finally issued its statement late on 02nd November, there was little surprise about the 75 b

It looks like Google is willing to smoke the pipes of peace with the Competition Commission of India (CCI) for now. Just a week after the Competition Commission of India (CCI) imposed a Rs2,274 crore penalty on Google, they have decided to paus

Just about a couple of years ago, dollar borrowing were all the rage for Indian corporates. The reasons were obvious. Dollar rates were abysmally low and the rupee was relatively stable against the dollar. This ensure that companies could borrow at v

The RBI MPC is currently in a special huddle about the reasons for the inflation not coming under control. The final outcome of the meet will be known on 03rd November, when the RBI will issue a statement after also reading the sub-text of the Fed po