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India will be the fastest-growing economy in Asia-Pacific: ADB report 2024

India will be the fastest-growing economy The Asian Development Bank (ADB) has slightly raised its economic growth forecast for developing Asia and the Pacific this...

ABB Switzerland quarterly results: Solid demand; record-high Operational EBITA margin

ABB Switzerland quarterly result Update:KEY FIGURESCHANGECHANGE($ millions, unless otherwise indicated) Q2 2024 Q2 2023 US$ Comparable1 H1 2024 H1 2023 US$ Comparable1Orders 8,435 8,667 -3% 0% 17,409 18,117 -4% -2%Revenues 8,239 8,163 1% 4% 16,109 16,022 1% 3%Gross Profit 3,174 2,888 10%6,109 5,604 9%as % of revenues 38.5% 35.4% +3.1 pts37.9% 35.0% +2.9 ptsIncome from operations 1,376 1,298 6%2,593 2,496 4%Operational EBITA1 1,564 1,425 10% 12% 3 2,981 2,702 10% 11% 3as %...

ADB maintains India’s growth rate projection at 7.0% for FY 2024

ADB Maintains India's Growth Rate Projection at 7.0% for FY 2024 The Asian Development Bank (ADB) has upheld its projected growth rate for India at...

BlackRock’s bitcoin ETF achieves major milestone, exceeded $20 billion

BlackRock's iShares Bitcoin Trust (ETF) Surpasses $20 Billion in Assets BlackRock's iShares Bitcoin Trust (IBIT) ETF has exceeded $20 billion in assets under management just...

RBI imposes monetary penalty on 5 different Sahakari and Co-operative banks

RBI has imposed monetary penalties on the following banks for different reasons: 1. Sivagangai District Central Co-operative Bank Limited, Sivagangai, Tamil Nadu: The Reserve Bank of...

WTO director-general Okonjo-Iweala urges members to “walk the talk” and engage in authentic negotiations.

WTO news update: At the TNC meeting, WTO Director-General Okonjo-Iweala acknowledged that members were "a bit stuck" on several key issues but noted a positive...

Swiss Re Institute: Robust economies set to drive insurance growth and profitability

Swiss Re Institute: Robust Economies Set to Drive Insurance Growth and Profitability Geopolitical tensions and higher inflation have led to economic concern in recent years....

Metaplanet, ‘Asia’s MicroStrategy,’ Acquires fresh round of Bitcoins

Metaplanet, 'Asia's MicroStrategy,' Acquires Fresh Round of Bitcoins Japanese public company Metaplanet, often referred to as ‘Asia’s MicroStrategy,’ has amassed a fresh round of Bitcoins...

SCOR’s FY 2024 results update on its Q2 2024

SCOR's FY 2024 results update Following the negative experience variance in the first quarter of 2024, SCOR has decided to accelerate the annual L&H reserving...

Alipay+ top scorer honors at UEFA EURO 2024 go to six players, including Spain’s Dani Olmo

Six Players Share Alipay+ Top Scorer Honors at UEFA EURO 2024 In a fiercely contested UEFA EURO 2024, Dani Olmo (Spain), Harry Kane (England), Cody...

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Indian mutual fund industry sees steady growth in January 2026, crosses ₹81 lakh crore AUM milestone

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