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IT, Auto Rebound Drives Indian Stock Market
GG News Bureau
Bengaluru, 5th Jan. Indian benchmark indexes experienced a second consecutive session of growth on Friday, primarily driven by a surge in auto and IT stocks. Additionally, the realty sector received a boost from Macrotech…
Indian Toy Industry Sees 52% Drop in Imports and 239% Rise in Exports in FY 2022-23
GG News Bureau
New Delhi, 5th Jan. The Indian toy industry experienced significant growth in FY 2022-23 compared to FY 2014-15. Imports decreased by 52%, exports increased by 239%, and the overall quality of toys available in the domestic…
Bitcoin projects 152% growth in 2023
Anjali Sharma
GG News Bureau
NEW YORK, 5th Jan. Bitcoin on Thursday reported a significant 152 per cent growth for the year in 2023, according to a press release issued
In 2023, the leading cryptocurrency Bitcoin, surged past the USD 45,000…
Jai Malik shuts down Venture Capital firm Countdown in March
Anjali Sharma
GG News Bureau
NEW YORK, 5th Jan. Indian-origin entrepreneur Jai Malik on Thursday announced that he will shut down the venture capital firm Countdown by March-end.
TechCrunch reported that the company is to complete pending…
JPMorgan, Goldman Sachs reports Bitcoin exhibits volatility
Anjali Sharma
GG News Bureau
NEW YORK, 5th Jan. According to media reports on Thursday Grayscale Investments, a leading crypto asset manager, is in talks with major financial institutions like JPMorgan and Goldman Sachs about their…
US, global economy faces major challenges in 2024
Anjali Sharma
GG News Bureau
WASHINGTON DC, 4th Jan. According to media reports on Wednesday stated that the US and the global economy may face major challenges in 2024 though they have proved to be surprisingly resilient in the past year.…
Jefferies brokerage reports sharp outperformance of small, midcaps in 2023
Anjali Sharma
GG News Bureau
NEW YORK, 4th Jan. Foreign brokerage Jefferies in a report issued on Wednesday stated that the sharp outperformance of small and midcaps in 2023 has led to valuations becoming a challenge now.
The report said…
Tesla delivers 1.81M cars in 2023, behind China’s BYD
Anjali Sharma
GG News Bureau
NEW YORK, 4th Jan. Tesla CEO Elon Musk on Wednesday said the company delivered 1.81 million cars in 2023, which is a 38 per cent growth (year-on-year).
In the fourth quarter (Q4) of 2023, the company produced…
Meta drops prices on reality headset Quest 2, accessories
Anjali Sharma
GG News Bureau
NEW YORK, 3rd Jan. Meta on Tuesday has announced to lower the price on its mixed reality (MR) headset Quest 2 and its accessories, in a press release issued .
The company said that the price cut came after the…
Russia crude oil cargo passes India due to payment issues
Anjali Sharma
GG News Bureau
NEW YORK, 3rd Jan. Media reports on Tuesday suggested that a number of vessels hauling crude from Russia that had been idling off India are now headed to eastwards away from the country due to payment issues.…