The Adani Group, one of India's largest conglomerates, finds itself grappling with the aftermath of a bombshell report by short-selling firm Hindenburg Research.

Adani Group fights to rebuild trust after Hindenburg report

The global airline industry is poised for a remarkable resurgence as passenger traffic surges and local economies revive. Willie Walsh, Director General of the International Air Transport Association (IATA), said that the industry is projected to achieve a net profit of $9.

Aviation industry bounces back: Rising revenues and optimism take flight

Economists at major global banks are divided on their predictions regarding Turkiye's approach to raising interest rates this month, reports Bloomberg. The unexpected re-election of President Recep Tayyip Erdogan has brought the prospect of a rate hike to the forefront, a stance previously dismissed by market observers.

Shifting tides in Turkiye's economy: Analysts grapple with implications of potential rate hike

Indian tech giant Tata Consultancy Services (TCS) has won a 10-year contract to administer and enhance customer experiences for the Teachers' Pension Scheme in England and Wales.

TCS to digitally transform UK teacher's pension scheme in landmark deal 

Oil prices experienced a significant boost, surging over 2 percent on Monday, following an unexpected announcement by Saudi Arabia, the world's largest oil exporter, that it would slash its production by an additional 1 million barrels per day from July onwards.

Oil prices get a 'royal' boost: Oil prices soar after Saudi's production cuts

Byju's, India's billion-dollar ed-tech start-up, is all set to hit the market with an Initial Public Offering (IPO) of its test preparation division Aakash, a Moneycontrol report said on Monday.

Byju's test-prep division Aakash to launch an IPO in mid-2024

In a bid to dominate global skies, India's IndiGo airline is all set to purchase 500 narrow-body A320 jets from Airbus. The latest development is nothing short of a bonanza for the European planemaker, which earlier in the year had sealed another record deal with Air India.

Airbus frontrunner to sell 500 aircraft to India's IndiGo: Report

India's foreign exchange reserves has fallen for the second consecutive week. According to the latest Reserve Bank of India data, India's forex reserves stood at $589.

India's forex reserves fall for the second consecutive week

Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has expressed confidence that her home country Bulgaria will ultimately join the Euro zone, despite political obstacles that have hindered the nation's bid for the past three years.

Bulgaria's entry into Euro zone: IMF chief optimistic despite political deadlock

India's import of Russian oil has reached unprecedented levels, surpassing the combined oil purchases from Saudi Arabia, Iraq, the UAE, and the US. India imported 1.

Russia becomes India's top oil supplier, surpasses Saudi Arabia and Iraq

The war in Ukraine has led to multiple economic sanctions on Russia, disrupting the global oil supply. A recent report, however, suggests there may have been an inadvertent positive impact of the ongoing geopolitical situation.

Ukraine war 'accelerated momentum' towards clean energy: International Energy Agency report

Inflation in the Eurozone has decelerated to its slowest pace since Russia's invasion of Ukraine. The initial estimate from the European Union's statistics agency cited by CNN reveals that consumer prices in the euro area rose by 6.

Eurozone's inflation tumbles, fuels rate cut debate in European Central Bank

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