“Paytm Aims to Reach Unprecedented Financial Milestone in India’s Near Future!”
Indian digital payments firm Paytm (PAYT.NS) is focusing on financial milestones and aims to become “free cashflow positive in the near future,” given the continued growth of the company, its CEO said. In a letter to shareholders, Chief Executive Vijay Shekhar Sharma said the firm’s decision to concentrate on its “core revenue and growth driver” […]
India’s RBI Presses Pause on Hiking Cycle, UOB Anticipates Intriguing Developments Ahead
) has made an important decision regarding interest rates in the current economy. UOB Group’s Head of Research Suan Teck Kin, CFA, provides his assessment on this recent development, examining the key takeaways from the RBI’s move. The Reserve Bank of India (RBI), the central banking institution of the country, plays a pivotal role in […]
India and China Set to Dominate 2023 Global Economic Growth With Whopping 50% Share
International Monetary Fund (IMF) Managing Director Kristalina Georgieva recently highlighted the current state of the global economy is predicted to experience slower growth, with less than 3% growth expected in 2023. Despite this gloomy outlook for most parts of the world, Georgieva seemed optimistic when discussing the potential for growth within emerging and developing economies, […]