Financial Services
Stay up-to-date on the latest financial services sector news from around the world, covering a wide range of topics including banking, insurance, investment, and fintech. We cover news from all major countries, including India, the United States, China, Japan, and Germany.
Groww’s Remarkable FY23 Journey: From Losses to Profit, Beating Rivals!
Discover how Groww turned profitable in FY23 with a 266% revenue jump, surpassing rivals like Zerodha. Learn their incredible success story.
The Impact of the Israel-Hamas Conflict on Oil Prices: Insights from the IEA
The IEA, a reputable authority on global energy trends, has weighed in on the matter. Their assessment is unequivocal: the Israel-Hamas conflict is 'definitely not good news' for oil prices. The IEA highlights several key factors contributing to this negative outlook.
Morgan Stanley Upgrades India to Standout Overweight Market, Cites Economic and Earnings Growth
Morgan Stanley's recent upgrade of India to a standout overweight market signifies a vote of confidence in the nation's economic resilience and growth prospects. Despite the challenges posed by the COVID-19 pandemic, India has demonstrated remarkable adaptability and recovery. This, combined with its robust earnings potential, diverse economy, and proactive government policies, positions India as an attractive destination for investors. The upgrade is also expected to attract increased foreign institutional investment, further enhancing India's standing in the global investment community. However, as always, investors are advised to conduct thorough due diligence and seek professional financial advice before making investment decisions.
