Increased repo rate by RBI big dampener for auto industry, says FADA

The hike in key interest rate by RBI is a big dampener for the automobile industry particularly for the price sensitive entry-level two-wheelers and passenger vehicles segments, Federation of Automotive Dealers Associations said on Friday. The Reserve Bank of India (RBI) on Friday raised the key interest rate by 50 basis points, … Read more

Big I’s Symington Promoted to EVP Before Taking Over as CEO Next Year

Charles Symington has been appointed to the role of executive vice president at the Independent Insurance Agents & Brokers of America (the Big I), effective Oct. 1. Symington joined the Big I in 2004 on the government affairs staff. Since 2016, he has served as senior vice president for external, industry and government affairs. He … Read more

Hurricane Ian Aiming for Florida’s Big Bend Area; Property Losses Could be Significant

Florida’s governor has declared a state of emergency for the entire state, days before a hurricane named Ian is expected to make landfall, raising the dread level for property insurers fearing heavy weather losses during one of the toughest moments for the industry. Gov. Ron DeSantis’ declaration also triggered a bulletin from the state Office … Read more

Michael Saylor says bitcoin is the next big ‘store of value asset’ and will soar 2,500% within 10 years — here are 3 easy ways to bet on it

‘100x better than gold’: Michael Saylor says bitcoin is the next big ‘store of value asset’ and will soar 2,500% within 10 years — here are 3 easy ways to bet on it Bitcoin is on a wild ride. The world’s largest cryptocurrency soared to $68,990 last November. Now, it’s at around $19,000 — a … Read more

Big Purple Dot CEO on multi-use mortgage marketing platform

“It’s no charge to anybody, and you can connect with your business partners, and allow that communication stream to happen per transaction and allow that funnel to come straight into your app,” she said. Video texting, Davidoff added, is a tool that helps build stronger bonds with consumer, often through a 15-second video. “Everyone uses … Read more

Electra lands first big contract with global battery maker LG

Breadcrumb Trail Links Mining Cobalt deal shows companies are scrambling to shift away from China Publishing date: Sep 22, 2022  •  15 minutes ago  •  3 minute read  •  Join the conversation The U.S. government is intent on ending China’s stranglehold on the supply of the raw ingredients needed to build clean technologies such as electric … Read more

bharti airtel share price: Big Movers on D-St: What should investors do with Triveni Turbine, Bharti Airtel and Cipla?

The Indian markets snapped their 2-day gaining streak and closed with cuts on Wednesday. The S&P BSE Sensex fell more than 260 points, while the Nifty50 managed to hold on to 17,700 levels. Sectorally, buying was seen in FMCG names, while selling pressure was visible in utilities, power, capital goods, oil & gas and realty … Read more

Top Headlines: Fed’s 3rd big hike, liquidity slides into deficit, and more

Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023. Liquidity in the banking system — as gauged by the Reserve Bank of India’s (RBI’s) daily operations — has slipped into a deficit mode for the first time in over three … Read more