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Warren Buffett led Berkshire Hathaway becomes first US non-tech company to
Updated : 1 year, 6 months ago IST
Berkshire Hathaway Inc., the conglomerate led by American Businessman Warren Buffett, has made history by becoming the first U.S. non-tech company to surpass the USD 1 trillion mark in market capitalisation.
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India outpaces global level fintech growth in 2023; poised to reach USD 19
Updated : 1 year, 6 months ago IST
Boston Consulting Group (BCG) has prepared a flagship report titled 'Building Bridges for the Next Decade of Finance', where it noted that revenues in the Indian fintech sector are projected to reach USD 190 billion by 2030, contributing to over 20 per cent of all banking revenues.
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Gold Prices Surge Reasons, "Be Aware and Think Long-Term" says Hemant Sood
Updated : 1 year, 6 months ago IST
New Delhi [India], August 28: On August 16, 2024, gold prices witnessed a spectacular rise, peaking at USD 2,500.99 per ounce driven by the surge in demand. An increasing number of investors lined up to get their hands on this historical asset.
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Chilean Foreign Minister hopes to advance trade treaty with "very importan
Updated : 1 year, 6 months ago IST
Chile has an estimated USD 2,847 billion worth of trade in 2023. Last year, India ranked 16th as a destination for Chile's non-copper and non-lithium exports, with USD 560 million in exports of goods and services out of which 30 per cent related to foods.
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First 7 months of CY24 see significant surge in VC funding to India's Star
Updated : 1 year, 6 months ago IST
India's startup ecosystem experienced a surge in venture capital (VC) funding during the first seven months of 2024, raising a total of USD 6.3 billion through 672 deals. This marks a 42.1 per cent year-on-year (YoY) increase in funding value, despite a modest 1.2 per cent rise in deal vo
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Pakistan government falls short of loan target in July
Updated : 1 year, 6 months ago IST
The Pakistan government, awaiting approval of a $7 billion IMF bailout, struggled to secure foreign assistance in July, receiving only $436.4 million--a sharp 85% drop compared to the same period last year. With an ambitious $19.4 billion target for foreign aid in FY25, the government faces
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Bangladesh Crisis: USD 300-400 mn per month opportunity for India’s textil
Updated : 1 year, 6 months ago IST
Bangladesh's monthly apparel exports, valued between USD 3.5-3.8 billion, have a significant market share in the European Union, the United Kingdom, and the United States. In contrast, India's current monthly exports range from USD 1.3-1.5 billion. This crisis has opened a window of oppor
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Textile exports to reach USD 65 bn by FY-26 and USD 350 bn by 2030: Invest
Updated : 1 year, 6 months ago IST
Invest India posted on X, "PM Modi's bold '#fibretofashion' vision is guiding the #textileindustry to become a driving force in the global market while bringing competence & technology to local players."
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"Ukrainian people are grateful to President Biden": Zelenskyy thanks US fo
Updated : 1 year, 6 months ago IST
This comes after the US announced USD 125 million defence package for Ukraine to meet its "critical security and defence needs."
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Pakistan delays opening of USD 250 Million Gwadar Airport amid security co
Updated : 1 year, 6 months ago IST
The Pakistan government has postponed the opening of the nearly USD 250 million New Gwadar International Airport (NGIA) due to security concerns, marking a setback in efforts to boost Chinese investment in the struggling economy, according to Nikkei Asia.
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India's foreign exchange reserves rose USD 4.5 billion to reach USD 674.7
Updated : 1 year, 6 months ago IST
India's foreign exchange reserves have risen by USD 4.546 billion to reach USD 674.664 billion, a touch below their all-time highs, during the week that ended on August 16, RBI data showed on Friday.
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Michael Jackson estate secures court approval for Sony sale
Updated : 1 year, 6 months ago IST
In a decisive legal victory for Michael Jackson's estate, a California appeals court has affirmed that the estate's executors can proceed with a USD 600 million sale of the late pop icon's music catalogue to Sony Music.
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