Vaasu

India economy

Core sector output was at a ten-month low in September, raising concerns about growth

Production levels in India’s eight core sectors, which account for about 40% of the country’s industrial output, continued to decline in September. | Photo credit: REUTERS Production levels in India’s eight core industries, which account for around 40% of the country’s industrial output, continued to decline in September, with the Index of Core Industries (ICI)…

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India economy

IndiGo’s BluChip loyalty program: What is it and how can credit cards help you maximize benefits?

Airline loyalty programs, also known as frequent flyer programs (FFPs), have grown in popularity in recent years. These programs allow loyalty points (air miles) to be earned and redeemed for flight bookings. Banks like Axis Bank, HDFC Bank, American Express, etc. allow their credit card users to transfer reward points to these programs and further…

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India economy

India remains a shining star with $3.6 billion inflows as global venture capital investment hits seven-year low: KPMG, ETCFO

Global venture capital (VC) investment plummeted to $70.1 billion in the third quarter of 2024, a seven-year low, compared to a high of $95.5 billion in the second quarter, according to the latest Venture Pulse report from KPMG Private Enterprise. This steep decline has been attributed to geopolitical uncertainty, an exit drought and the upcoming…

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Stock Market

Oil rises more than 2% on low US crude demand, delay in OPEC+ production increase, Brent recovers from 6% decline to $73/barrel

Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and after reports that OPEC+ could delay a planned increase in oil production. After falling more than 6% earlier this week on reduced risk of a broader war in the Middle East, Brent crude…

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India economy

Incremental work from top clients is a bigger problem for IT, CFO News, ETCFO

Although there were no mega deal announcements in the just ended quarter, Indian IT companies leveraged their partnerships with top clients to put up a strong show. From generating revenue from additional requirements from existing customers and restarting customers’ backlog projects to acquiring top clients, IT companies have been executing these incremental works with finesse….

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