admi

Economy News

India logs robust business activity growth in May

Services firms recorded a sharp increase in business activity, the steepest in four months, while factory production rose at the slowest pace since February, said S&P Global. Propelled by a

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Economy News

Govt may resume open market sale of wheat next month

Having addressed the tight wheat stock situation with higher-than-usual procurement, the government is keeping its fingers crossed and has decided to take a call on whether to resume open market

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Economy News

Reserve Bank of India’s surprise gift to govt

Record $25 billion payout is more than double what was budgeted. Contingency risk buffer increased to 6.5% for FY24. In a surprise gift to the government, the Reserve Bank of

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News Stock Market

Exclusive-Nvidia cuts China prices in Huawei chip fight, sources say

By Fanny Potkin SINGAPORE (Reuters) – Nvidia (NASDAQ:NVDA)’s most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it

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News Stock Market

Tesla slashes Model Y production in Shanghai, data shows

SHANGHAI (Reuters) – Tesla (NASDAQ:TSLA) has cut output of its best-selling Model Y electric car by a double-digit percentage number at its Shanghai plant since March, according to industry data

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News Stock Market

Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales

(This May 23 story has been corrected to say SU7, not SUV7, in the penultimate paragraph; and three models, not four, in the final paragraph) By Liam Mo and Casey

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Commodities News

Oil falls for fourth straight session on US inflation jitters

By Shariq Khan NEW YORK (Reuters) -Oil prices fell for a fourth consecutive session on Thursday and settled at multi-month lows as the prospect of higher-for-longer U.S. interest rates raised

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Commodities News

Oil steady as investors weigh U.S. rate fears, firmer seasonal demand

By Georgina McCartney and Jeslyn Lerh SINGAPORE (Reuters) – Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid

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Commodities News

Russia’s Nornickel plans to build a PGMs refinery in Bahrain, source says

LONDON (Reuters) – Russian metals giant Nornickel plans a joint project for construction of a platinum group metals (PGMs) refinery in Bahrain, a source familiar with the matter told Reuters

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Cryptocurrency News

What is the GameFi Element in the Blockchain Gaming World?

GameFi category offers games that are ‘play-to-earn’ and lets users get hands on sellable and tradeable digital assets with real world value. GameFi, another jargon from the Web3 sector, now

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