Twitter India: Elon Musk’s X Has 30 Crore Reasons To Be Joyful About India Business

Twitter India: Elon Musk’s X Has 30 Crore Reasons To Be Joyful About India Business

CNNMoney is CNN’s unique business site with business, markets, technology, media, luxury, personal finance and small business news. Latest business news in a live business news feed, together with updates on company, monetary and economic news, plus evaluation of UK and world markets. As per Indian accounting requirements, X’s India arm recorded a Rs forty four crore loss in FY22. The extra loss was associated to share-based compensation costs that the corporate had to bear. In July 2022, the Ministry of Electronics and Information Technology revealed that X had 23.6 million customers in India, making it the platform’s third-largest market.

Business three weeks in the past IMF downgrades Nigeria’s financial growth to 2.9% Nigeria’s lack of ability to maximise its oil and fuel manufacturing quota has forced the International Monetary Fund to downgrade the country’s economic progress by zero.three share… Business 3 weeks in the past CBN guarantees forex market intervention, lifts restriction on 43 items The Central Bank of Nigeria on Thursday promised to intervene within the foreign change often in a bid to spice up its liquidity. Business 7 days ago At financial summit, Tinubu entices buyers with improved forex liquidity President Bola Tinubu mentioned on Monday his government has taken steps to enhance international exchange liquidity in the nation. It comes as figures exhibits the proportion of cash patrons – people who have money instantly in the stores a property and don’t have to take out a mortgage – has swelled.

Zoopla mentioned cash buyers accounted for a few third of all housing gross sales this 12 months, up from a fifth during the last 5 years. About 60,000 more properties were purchased with cash this yr than all through 2022, it estimated. Get entry to 250k lively Bloggers, Podcasters, Youtubers, and Instagram Influencers in 1500 area of interest classes.

Loadshedding was set to resume on Monday but has now been suspended till Tuesday. Collins Akowe placed on a monster double-double efficiency and helped National University slip previous Adamson, 66-60, and full… The Bureau of Customs is expecting to hit a surplus in its 2023 revenue assortment amid a consumption boost from the holiday…

This move is expected to boost India’s electronics manufacturing sector and make the country a extra attractive vacation spot for international tech companies. The Tata Group is one of India’s largest conglomerates and has a powerful Business News observe record in manufacturing. The group’s acquisition of Wistron’s Indian operations is a major development that may assist India turn out to be a world leader in electronics manufacturing.