Fri, Nov 15, 2024 9:33 AM
Bitcoin to hit ‘repeated all-time highs’ over next 2 quarters: VanEck
A Flip by Avya Verma
Samsung Electronics Co. shares are having their best day since January 2021, as perceptions grow that the South Korean tech company is starting to look like a bargain after a multi-month slump. The world’s largest maker of memory chips and smartphones saw its stock surge as much as 8.6% Friday, snapping a five-day losing streak.
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Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation. We forecast 7.2% growth for calendar year 2024, followed by 6.6% in 2025 and 6.5% in 2026,” the global rating agency said, highlighting that the economy will continue its steady momentum in the July-September quarter. The Indian economy had expanded 6.7 percent in the April-June quarter of 2024.
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The Indian Passenger Vehicle (PV) industry experienced a subdued September quarter, with Original Equipment Manufacturers (OEMs) reporting varied performance in terms of volume growth and margin trajectories. Mahindra & Mahindra outperformed its peers in the Indian passenger vehicle market, with an 18% year-on-year growth in volumes during the second quarter of FY25, amidst a subdued performace.
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