Global banks raise forecast to 4% peak for key ECB rate
- Uncategorized
- June 16, 2023
We’re India’s premier business opportunity expo, dedicated to fostering growth and collaboration among entrepreneurs, investors, and established businesses. Our platform brings together a diverse community of innovators, industry leaders, and aspiring business owners, providing unparalleled opportunities to connect, learn, and grow. Whether you seek to launch a new venture, expand your market reach, or find
READ MORETata Steel, India’s second-largest steelmaker, recently released its financial results for the fourth quarter of FY24 (January-March 2024). While the headline numbers might raise some eyebrows, let’s delve deeper and understand the story behind the figures. Profit Slump: A Cause for Concern? The most striking aspect of the results is the significant drop in net
READ MOREMeet Arun Gee, affectionately known as Guru Gee, the visionary Chairman at Excellency Group of Companies. Born on November 29, 1981, Arun Gee’s roots trace back to Village Kushak Hirank in Delhi, India’s bustling capital. Despite hailing from a middle-class upbringing, his resolute spirit propelled him forward, kindling his passion for entrepreneurship from a tender
READ MOREThe U.S. dollar stabilized in early European trade Thursday near a one-month low after the first day of Federal Reserve Chair Jerome Powell’s semi-annual testimony to Congress, while sterling edges lower ahead of the latest Bank of England meeting. At 01:50 ET (05:50 GMT), the Dollar Index, which tracks the greenback against a basket of
READ MOREGoldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to peak at 3.75%, following a 25 basis points (bps) hike in July, they said in notes after the central bank meeting. The ECB raised euro zone borrowing costs to their highest level in 22 years
READ MOREEarlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The expansion includes new industry solutions, the AI Navigator for Enterprise platform, a Center for Advanced AI, and doubling their AI talent to 80,000 people. The company is set to report its Q3/23 earnings on June
READ MORE