Oil Plunges 10% on Strait of Hormuz Reopening, Lifts Stocks

Crude oil prices plummeted more than 10% after the Strait of Hormuz reopened, easing supply fears and sparking a global stock rally. US indices surged, with airlines and cruise lines leading gains amid optimism over easing tensions.

Nagarro Names Prateek Aggarwal as CFO

Global IT services firm Nagarro has appointed Prateek Aggarwal as its new Chief Financial Officer, effective immediately, succeeding Manas Human.

IBRA Digital Group Sees 77% YoY Growth Jump

IBRA Digital Group has announced a remarkable 77% year-on-year growth increase, propelled by consistent revenue performance and robust EBITDA results, highlighting its strong market position.

India's Forex Reserves Rise $3.8B to $700.9B in April

India's foreign exchange reserves increased by $3.825 billion to $700.946 billion for the week ended April 10, 2024, as per RBI data. This follows a previous week's gain of $9.063 billion, with gold and foreign currency assets contributing to the rise.

Adani Surpasses Ambani as Asia's Wealthiest Individual

Gautam Adani has reclaimed the title of Asia's richest person with a net worth of $92.6 billion, edging out Mukesh Ambani. The shift follows a rally in Adani Group stocks tied to India's infrastructure and energy transition.

India Falls to 6th Largest Economy: IMF Ranking Explained

India's drop to the world's 6th largest economy in IMF data stems from currency fluctuations and technical revisions, not economic slowdown. With growth projections around 6-6.5%, India remains the fastest-growing major economy globally.

Page 370 of 1451
Pickt mobile sticky banner — logo, tagline and CTA button