Manufacturing PMI slips to five-year low: Is more pain in store?

Pandey’s comments come against the backdrop of criticism from market participants over the new auction mechanism, which has seen low liquidity trigger sharp price swings. For instance, on the first day of CAS, the NSE Nifty50 surged 1.6%, while the BSE Sensex gained just 0.7%.

PayPal, once a Wall Street favourite and a pioneer in digital payments, is now facing a potential $53 billion takeover bid from Stripe and Advent International. The company’s board is reviewing the offer but reportedly believes the $60.50 per share proposal undervalues the business. PayPal’s market dominance has weakened as rivals like Apple Pay gain…

Mumbai has emerged as a prime hub for remote professionals, owing to its competitive transport costs and abundant flexible workspace options. As India’s flexible workspace market expands rapidly, this city leads in Asia. The increasing adoption of Work From Anywhere policies has inspired many to combine travel with work, resulting in longer vacations to accommodate…