Gold Silver Reports (GSR) – Flipkart to Burn Through $2 Billion Cash in 18 Months, in Battle with Amazon — Flipkart Ltd is likely to burn through as much as $2 billion in cash over the next 18 months—an affirmation that sales growth, rather than cutting losses, remains the top priority for India’s largest online retailer after its takeover by Walmart Inc.
Money Market
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India CPI Inflation Rises To 4.58% In April
India CPI Inflation – The index of consumer price inflation stood at 4.58 percent in April, overturning a three month slide from its peak, according to data released by the Central Statistics Office. Economists polled Expected CPI inflation at 4.41 percent. Inflation stood at 4.28 percent in March, and 4.4 percent in February.
Deccan Gold Mines Share Price Surges On Getting Back Mine In Karnataka
Gold Silver Reports (GSR) – Deccan Gold Mines Surges On Getting Back Mine In Karnataka – Shares of the Bengaluru-based gold mining exploration company surged as much as 20 percent, the most since April 23, to Rs 62 after it won a case in Supreme Court. The apex court has set aside a Karnataka High Court order which granted the state permission to set aside Hutti gold mines in the northern part of the state for state -owned miner.
Stocks in Asia Retreat After Fed
Gold Silver Reports (GSR) – Stocks in Asia Retreat After Fed — Asian stocks tracked U.S. shares lower after the Federal Reserve said inflation is close to its target, without indicating any need to waver from its path of gradually tightening monetary policy. The dollar declined.
Google CEO Pichai Set to Cash In $380 Million Award This Week
Gold Silver Reports (GSR) – Google CEO Pichai Set to Cash In $380 Million Award This Week – Pichai, 45, who has led Alphabet Inc.’s Google since 2015, received the shares before his promotion to senior vice president of products a year earlier, when he took over many of co-founder Larry Page’s responsibilities. The award swelled in value as Alphabet’s stock surged 90 percent since the grant date, compared with a 39 percent advance of the S&P 500. He has received two more nine-figure stock grants since then. The company has yet to disclose Pichai’s compensation for 2017.
U.S. Softens Stance on Rusal Sanctions; Aluminum Plunges
Gold Silver Reports (GSR) – U.S. Softens Stance on Rusal Sanctions; Aluminum Plunges – the first time, the U.S. Treasury discussed a path for lifting the sanctions on Rusal, saying it would provide relief if Oleg Deripaska relinquished control. It also extended the deadline for companies to wind down dealings with the Russian aluminum producer by almost five months.
Healthcare Asset Management Market: Global Industry Analysis, Size, Share, Growth, 2024
Gold Silver Reports (GSR) – The analysis also offers a meticulous qualitative evaluation of aspects that are held accountable for impelling as well as hindering the growth of the market together with the available avenues in the market on a worldwide level. Also, the study presents an all-inclusive outlook on the Healthcare Asset Management Market market segmentation, which is categorized based on end-users, types, applications, technology, region, and products. Each and every discrete segment is also assessed comprehensively with its impact on the market growth.