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Bloomberg Quint
8h
264
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US Set To Face Recession, Trump Won't Win If There's Global Trade War: Jim Rogers
- The United States is set to face a recession in the near future, according to veteran investor Jim Rogers.
- Rogers criticized President Donald Trump for pushing the world towards a global trade war.
- Rogers expects tough times for investors globally, with high levels of debt posing a major challenge.
- Despite the gloomy outlook, Rogers expressed bullishness on India's equity market and praised the country's understanding of global dynamics.
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HinduBusinessLine
8h
95
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MAN Industries joins Qatar Energy LNG’s approved vendor list
- MAN Industries, an Indian company, has joined Qatar Energy LNG’s approved vendor list.
- Qatar Energy LNG is one of the world’s largest producers of liquefied natural gas.
- The recognition opens up opportunities for MAN Industries in the Middle East market.
- MAN Industries specializes in large-diameter carbon steel line pipes for various industries.
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TronWeekly
8h
59
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Five Crypto Assets to Hold in 2025 to Make You Rich; Remittix, Ripple, Ethereum, Cardano & Solana
- Remittix, Ripple, Ethereum, Cardano, and Solana are top picks for 2025, each offering unique value propositions in the crypto market.
- Remittix aims to disrupt the remittance market with blockchain efficiency, reducing transaction times and fees significantly.
- Ripple's XRP and Ethereum are considered stalwarts, with XRP focusing on cross-border payments and Ethereum on NFTs and DeFi.
- Cardano and Solana are growth-oriented layer-1 blockchains, with ADA promoting efficiency and SOL offering high transaction throughput.
- A balanced crypto portfolio for 2025 may include established assets like Ripple and Ethereum alongside emerging disruptors like Remittix, Cardano, and Solana.
- Remittix's real-world application, targeting crypto-fiat settlements, appeals to freelancers, businesses, and international workers.
- Investors looking to 2025 should consider diversifying across these projects to leverage both stability and potential high returns.
- With the crypto market evolving, leveraging both established assets and high-potential projects like Remittix could lead to substantial gains.
- Stay updated on Remittix's PayFi architecture and community involvement to understand its evolving role in the crypto space.
- Joining Remittix's presale and community can provide insights into its offerings and potential for growth in the coming years.
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Bloomberg Quint
8h
162
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NHAI Signs Agreement To Develop Guwahati Ring Road For Rs 5,729 Crore
- The NHAI signed a concession agreement to develop 121 km long Guwahati Ring Road at a total cost of Rs 5,729 crore.
- The project includes three sections consisting of a long, four-lane, access-controlled Northern Guwahati Bypass; widening of the existing 8 km long bypass on NH 27 from four lanes to six lanes; and improvement of the existing 58 km long bypass on NH 27.
- The Guwahati Ring Road will enhance connectivity on NH-27's East-West Corridor, ease traffic in Guwahati and northeastern states, and connect key towns like Siliguri, Shillong, and Jorhat.
- The Government of Assam will bear 50% of the land cost along with providing exemption from royalty on aggregates and the state portion of GST, contributing about Rs 1,270 crore.
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HinduBusinessLine
8h
179
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Xpheno eyes ₹500 cr revenue by end of FY26, gears up for IPO debut
- Xpheno has made key changes in senior leadership as part of its IPO preparation.
- Francis Padamadan has been appointed as CEO-Designate, streamlining responsibilities of Co-founders Kamal Karanth and Anil Ethanur.
- Xpheno is focusing on specialist staffing, strategic Global Capability Centres (GCC) partnerships, and expanding into new geographies.
- The company aims to achieve ₹500 crore revenue by the end of FY26 and become a dominant player in the specialist staffing space.
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Entrepreneurshiplife
8h
70
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Smart Purchasing Made Easy: How Procurement Software Transforms Business Efficiency
- Middle Eastern organizations are embracing vendor management platforms to enhance procurement efficiency through procurement software, leading to easier, more accurate, and cost-effective purchasing.
- Digital procurement solutions offer increased transparency, helping in tracking transactions, avoiding errors like duplicate orders, and unauthorized spending.
- Procurement software streamlines supplier and contract management, simplifying monitoring supplier information, contract terms, and performance records to foster better relationships and smoother transactions.
- Efficient purchase approvals, facilitated by procurement software, accelerate order processing, eliminate delays, and ensure spending compliance with company policies, enhancing operational efficiency.
- Automation in procurement software enforces compliance with company policies, industry standards, and fiscal guidelines while reducing human errors in purchasing, ensuring accurate and error-free transactions.
- Improved inventory management and demand planning are achieved through procurement software, enabling businesses to control stock levels, forecast demand accurately, and optimize operational efficiency.
- Digital procurement systems provide insights for effective supplier negotiations, lower procurement costs, and improved service quality by leveraging supplier performance information and historical transactions.
- Procurement software enhances security measures, mitigates fraud risks, and ensures ethical procurement practices through stringent access controls, authorization procedures, and real-time transaction monitoring.
- Cloud-based procurement systems offer enhanced efficiency with remote access capabilities for approvals and tracking, enabling businesses to adapt to market trends and operate efficiently across multiple locations.
- Investing in procurement software and vendor management platforms is crucial for organizations to achieve greater efficiency, transparency, and cost control, ultimately driving business growth and long-term success.
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Bloomberg Quint
8h
158
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Cosying Up To China, Distancing India? Decoding The Economics Behind Bangladesh's Pitch On Northeast
- Bangladesh is seeking investments from China in infrastructure, renewable energy, artificial intelligence, and technology, distancing itself from its long-standing relationship with India.
- Muhammad Yunus, Bangladesh's chief adviser, met with Chinese President Xi Jinping, indicating a shift towards closer ties with China.
- Despite historical strides in India-Bangladesh relations, the new Bangladeshi regime is emphasizing economic diversification by seeking Chinese investments over Indian involvement.
- India is Bangladesh's largest trading partner in the subcontinent, with significant trade turnover and export-import activities between the two countries.
- Bangladesh's focus on Chinese investments includes infrastructure, renewable energy, AI, and a $2.1 billion commitment from China, aiming for long-term partnerships rather than loans.
- The new government in Bangladesh aims to transform the country into a manufacturing hub by attracting Chinese investors to cater not only to local markets but also to neighboring countries like India, Nepal, and Bhutan.
- China's increasing presence in Bangladesh's economic landscape could challenge India, particularly in the Northeast region, affecting strategic ports and transportation routes like Chittagong.
- A paper by the Asian Development Bank highlights the importance of Chattogram port for India's northeastern states due to cost-efficiency and shorter transit distances compared to the Siliguri Corridor.
- Politicians from northeastern states, including Tripura, are expressing concerns over the economic threat posed by increased Chinese investments in Bangladesh, calling for securing India's national interests and strategic access to ports like Chittagong.
- The evolving economic dynamics between Bangladesh, China, and India underscore shifting alliances and economic strategies in the region, impacting trade, infrastructure development, and regional geopolitics.
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Bloomberg Quint
8h
254
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Nifty Top Gainers, Losers On April 3: From TCS, HCLTech To Power Grid, Sun Pharma
- Sun Pharmaceutical Industries Ltd., Power Grid Corp. and Cipla Ltd. were the top gainers on the NSE Nifty 50.
- Tata Consultancy Services Ltd., HCL Technologies Ltd. and Tech Mahindra Ltd. were the worst performers.
- The NSE Nifty 50 closed 0.35% lower at 23,250.10 and the BSE Sensex ended 0.42% down at 76,295.36.
- US President Donald Trump imposing heavy tariffs on India and the world affected the benchmark equity indices negatively.
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Bloomberg Quint
8h
109
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Ola Electric Announces 'HyperDelivery' For Same Day Registration, Delivery
- Ola Electric Mobility has announced 'HyperDelivery' for same-day registration and delivery of vehicles.
- Customers can now purchase online or at an Ola Electric store and receive their fully registered vehicles in just hours.
- This move is a result of Ola Electric leveraging AI for automation and bringing the registration process in-house.
- The pilot of 'HyperDelivery' has started in Bangalore and will gradually expand across India in a phased manner.
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Bloomberg Quint
8h
151
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Life Insurance Q4 Preview— Seasonal Tailwind, Product Mix To Drive Growth: DRChoksey; HDFC Life Among Top Pick
- DRChoksey maintains a positive view on HDFC Life and SBI Life, supported by their strong brand equity, diversified product portfolios, and consistent execution capabilities.
- SBI Life is aiming to sustain VNB margins in the 27.0–29.0% range in FY26E, supported by favorable reinsurance pricing and ongoing product innovation.
- HDFC Life is well-positioned to stabilize or expand margins, driven by improving persistency, higher ULIP attachment rates, and operating leverage.
- ICICI Prudential Life is targeting mid-teen VNB growth, although near-term margin performance remains uncertain.
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HinduBusinessLine
8h
49
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Bought leaf tea makers seek broker billing model in Tea Board portal
- Tea makers in the Nilgiris region of South India are seeking to adopt a broker billing model, similar to the one being followed in North India.
- The decision to adopt the broker billing system aims to enhance market accessibility and attract a wide range of buyers.
- Currently, leading blenders in the region are not willing to operate in tea auctions directly, and the seller billing system requires them to pay GST for all purchases from different factories.
- The association has requested the Tea Board to enable the selection of the broker billing model through their portal without any further delay.
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HinduBusinessLine
8h
307
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For the first time, Chennai and Kamarajar ports exceed 100 mt throughput milestone
- Chennai port handled 54.96 mt while Kamarajar port's throughput was 48.41 mt, achieving a y-o-y increase of 6.7%.
- Chennai port recorded 6.5% growth in cargo handling, while Kamarajar port's volume increased by 6.9%.
- For the current fiscal, combined cargo volume is expected to grow at around 7%.
- First phase of the ₹1,424 crore multimodal logistics park at Mappedu near Chennai is expected to be ready by February 2026.
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Zycrypto
8h
290
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DePIN Summit Africa Announces Return On July 2nd in Mombasa and July 4-5th in Zanzibar
- DePIN Summit Africa will return in July 2025 for its 2025 edition.
- The summit will focus on decentralized infrastructure, sustainability, and blockchain-powered solutions.
- It will take place on July 2nd in Mombasa, Kenya, and July 4th-5th in Zanzibar, Tanzania.
- The event aims to bring together industry leaders, innovators, and policymakers to explore the potential of decentralized infrastructure globally.
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Bloomberg Quint
8h
240
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Rupee Closes Stronger Against Dollar After Trump Tariffs Impact
- The Indian rupee closed stronger against the US dollar on Thursday after erasing early losses triggered by fresh tariffs imposed by US President Donald Trump.
- The rupee strengthened 7 paise to close at 85.44 against the US dollar, recovering from the biggest opening drop since March 10.
- Oil prices declined after Trump's tariff announcement, raising concerns over global economic growth.
- The US has introduced reciprocal tariffs that are significantly higher than market expectations, with higher tariffs on India, China, and the European Union coming into force from April 9.
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