India set to be world’s third largest economy in 2027: finance ministry

India set to be world’s third largest economy in 2027: finance ministry

A pedestrian speaks on a mobile phone as he watches a digital screen relaying the budget speech by Indian Finance Minister Nirmala Sitharaman on the facade of the Bombay Stock Exchange (BSE) in Mumbai on February 1, 2021. PUNIT PARANJPE | AFP via Getty Images India could become the world’s third-largest economy by 2027 with … Read more

porsche: Porsche India posts record sales at 914 units in 2023

porsche: Porsche India posts record sales at 914 units in 2023

New Delhi: Luxury sports car maker Porsche India on Tuesday reported its best retail sales with 914 units in 2023, a growth of 17 per cent over the previous year. The company also fulfilled its commitment of an electric future by recording the highest number of 113 Taycan deliveries to date, Porsche India said in … Read more

Fed rate cut timing in focus

Fed rate cut timing in focus

A trader reacts as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

Fed rate cut path in sharp focus

Fed rate cut path in sharp focus

Traders react as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more

Maldives Parliament Chaos: MPs exchange kicks and blow horn to prevent anti-Indian President to pick his favourites

Maldives Parliament Chaos: MPs exchange kicks and blow horn to prevent anti-Indian President to pick his favourites

Chaotic scenes unfolded in the Maldives’ Parliament on Sunday as members from the ruling and opposition factions engaged in physical confrontations. A video circulating on social media captured the chaos, showing MPs exchanging kicks and blows, with one member even using a horn to disrupt the speaker’s address. The clashes erupted due to differences between … Read more

Big Tech earnings on tap

Big Tech earnings on tap

Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI’s ChatGPT and Google’s Bard. Lionel Bonaventure | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

Evergrande shares halted after Hong Kong court orders liquidation

Evergrande shares halted after Hong Kong court orders liquidation

NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Getty Images Shares of China Evergrande were briefly halted after plunging over 20% in early trading on Monday after a Hong Kong court ruled to … Read more

Big Tech earnings loom large

Big Tech earnings loom large

A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.  Denis Balibouse | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed … Read more

India’s tourism sector is set for a boom, powered by religious trips

India’s tourism sector is set for a boom, powered by religious trips

India’s tourism sector is set for a boom as more travelers take trips around the country for religious purposes.  The South Asian country with the world’s largest Hindu population could see an additional 50 million to 100 million tourists a year on account of the new Ram Mandir — a temple in the northern city … Read more

What recession? The U.S. economy kept growing

What recession? The U.S. economy kept growing

U.S. President Joe Biden speaks with workers while visiting CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023.  Andrew Caballero-Reynolds | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more