Category: Business

ICICI Bank and HDFC Bank Drive Rally as Rate Cut Hopes and Stable Asset Quality Propel the Sector Banking stocks are on fire today as the Bank Nifty soared past 55,200 for the first time ever, following a strong earnings season from key players like ICICI Bank and HDFC Bank. This marks a significant milestone in the ongoing rally, which has been largely fueled by expectations of more rate cuts…

Gold surges past $3,350 amid tariff tremors and global economic anxiety. Spot gold touched a fresh all-time high of $3,357.40 per ounce on Wednesday, pushing its year-to-date gains to nearly 30% as investors rushed to the safe-haven asset amid deepening fears of a global trade war. The metal’s surge follows fresh warnings from U.S. Federal Reserve Chair Jerome Powell, who signaled that President Donald Trump’s aggressive tariff regime could slow…

Indian equity markets saw a massive rally on Tuesday, April 15, 2025, with both the Sensex and Nifty50 jumping sharply after U.S. President Donald Trump announced a significant relief on tariffs for electronics. The announcement sparked widespread buying across various sectors, pushing the Sensex up by 1,610 points, or 2.14%, to reach 76,767. Similarly, the Nifty50 climbed 493 points, or 2.16%, to 23,321 by mid-morning. U.S. Tariff Exemption Drives Global…

Georgia Power is betting on a data center-driven future, unveiling a long-term energy roadmap that forecasts unprecedented industrial growth — and plenty of controversy. Data Centers Take Center Stage In an exhaustive eight-hour testimony before Georgia’s Public Service Commission, Georgia Power executives laid out a bold vision: a decade-long Integrated Resource Plan (IRP) designed to meet the surging energy demands of data centers supporting artificial intelligence, cloud computing, and other…

International tourists visiting Georgia are getting a surprise perk — luxury experiences at a discount, thanks to Mastercard’s latest initiative. The campaign isn’t just about savings; it’s reshaping how travelers experience the country while giving local businesses a welcome boost. A Win-Win for Tourists and Businesses Georgia has been steadily climbing the ranks as a travel hotspot, drawing in visitors with its rich history, stunning landscapes, and warm hospitality. Mastercard’s…

Georgia’s foreign direct investment (FDI) took a significant hit in 2023, plummeting by 30% to USD 1.3 billion. While reinvestments kept the numbers afloat, the lack of fresh equity capital signals trouble for long-term economic growth. A Sharp Decline After Temporary Highs After a temporary surge fueled by major one-off transactions — like the sales of Rustavi Azot and Georgian Water and Power in 2022-2023 — Georgia’s FDI has fallen…

Indian Stock Market Opens on a Positive Note as Global Trends Boost Confidence Indian stock markets kicked off Wednesday on a bright note, with both the BSE Sensex and Nifty50 opening higher. Sensex crossed the 75,300 mark, while Nifty50 stayed comfortably above 22,850. This comes after a strong rally on Tuesday, reflecting positive global sentiment despite looming uncertainties. Market Starts Green, But Can It Hold? By 9:18 AM, the Sensex…

Foreign investment in Georgia took a significant hit last year, falling by nearly 30%. The decline, marked by lower equity inflows and reduced reinvestment, has economists raising their eyebrows — and concerns. Numbers That Tell a Tough Story The National Statistics Office of Georgia (Geostat) reported that foreign direct investment (FDI) dropped to $1.333 billion in 2024. That’s a hefty 29.9% slide from 2023, marking the second consecutive year of…

Georgia’s aviation industry soared to new heights in 2024, as fresh data from the National Statistics Office of Georgia (Geostat) revealed remarkable expansion across passenger travel, cargo transport, and airport operations. The numbers tell a story of a sector gaining momentum, with passenger volumes surging, flight frequencies increasing, and infrastructure keeping pace with demand. Passenger Traffic and Flight Surge Georgia’s airports were busier than ever in 2024. The sheer number…

DUNWOODY, Ga. — Cuddlefish has officially arrived at High Street, bringing a fresh twist to sushi dining in Central Perimeter. The restaurant, led by Michelin-starred chef Jason Liang, opened its doors on March 1, adding to the growing list of new businesses in this mixed-use development. A New Culinary Destination at High Street Located at 290 High Street, Cuddlefish is more than just another sushi spot. It offers a fusion…