Header-template

BUSINESS NEWS

Indian Rupee Gains Ground Against US Dollar on Softening Global Crude Prices

The Indian Rupee INR recorded a slight gain against the US Dollar USD, rising by 7 paise, primarily driven by a softening in global crude oil prices a

The Indian Rupee INR recorded a slight gain against the US Dollar USD, rising by 7 paise, primarily driven by a softening in global crude oil prices and an overall improvement in global risk sentiment. However, the upward movement was capped due to consistent demand for US Dollars from importers. Despite the Rupees gain, the domestic equity markets were weak, with the Sensex and Nifty indices both registering declines for the day. Analysts predict the Rupee may continue to trade with a slight negative bias in the near term due to this persistent importer demand and cautious domestic market conditions. Read More..

B2B Tech News | 1 months ago        

Foulath Holding and Yellow Door Energy Partner on 123 MWp Solar Project in Bahrain

Foulath Holding, the parent company of Bahrain Steel, has signed a deal with Yellow Door Energy to develop a substantial 123 MegaWattpeak MWp solar pr

Foulath Holding, the parent company of Bahrain Steel, has signed a deal with Yellow Door Energy to develop a substantial 123 MegaWattpeak MWp solar project in Bahrain. Yellow Door Energy will finance, design, construct, and operate the extensive project, which includes ten rooftop and four groundmounted solar installations. Cumulatively utilizing over 189,900 solar panels, the project is projected to generate nearly 200 million kWh of clean energy annually, leading to a reduction of approximately 90,000 metric tonnes of carbon emissions. This is a key step that aligns with Bahrains Vision 2030 and its Net Zero 2060 commitment. Read More..

B2B Tech News | 1 months ago        

IATA Clearing House to Add Chinese Renminbi as a Settlement Currency

The International Air Transport Association IATA has announced that the Chinese Renminbi CNY will be added as a new settlement currency through the IA

The International Air Transport Association IATA has announced that the Chinese Renminbi CNY will be added as a new settlement currency through the IATA Clearing House ICH, following a trial period commencing in November 2025. China Southern Airlines and Xiamen Airlines will be the first carriers to pilot the new settlement option. This addition, which goes live in December 2025, is expected to benefit airlines operating in China by significantly reducing currency exchange risks, lowering overall costs, and easing the onboarding of local suppliers. The move highlights the increasing global role of the Renminbi in major industry financial transactions. Read More..

B2B Tech News | 1 months ago        

Groww IPO Fully Subscribed at 1.82x on Day 3, Driven by Strong Retail Participation

The Initial Public Offering IPO of the digital investment platform Groww is concluding its subscription period on November 7, 2025, having already bee

The Initial Public Offering IPO of the digital investment platform Groww is concluding its subscription period on November 7, 2025, having already been fully subscribed by 1.82 times as of the end of Day 2. The IPO, valued at ₹6,632.30 crore, saw the highest participation from Retail Individual Investors RIIs, who subscribed 5.47 times their allotted portion. The funds raised from the fresh issue component will be primarily used for performance marketing, cloud infrastructure, and investment in its subsidiaries to augment capital for its margin trading facility business. The shares are scheduled to be listed on the NSE and BSE on November 12. Read More..

B2B Tech News | 1 months ago        

Oil Market Outlook Brent Crude Forecast to Fall to $52/Barrel by 2026 Amid Inventory Surge

Global oil prices are expected to face significant downward pressure as inventories are projected to rise throughout 2026. The U.S. Energy Information

Global oil prices are expected to face significant downward pressure as inventories are projected to rise throughout 2026. The U.S. Energy Information Administration EIA forecasts that the Brent crude oil price will decline to an average of $62 per barrel in the fourth quarter of 2025 and further to $52/b in 2026. This outlook is supported by a planned unwinding of crude oil production cuts by OPEC+, which is expected to increase total liquids production. Despite potential market instability, U.S. crude oil production is also forecast to remain robust, averaging 13.5 million b/d in both 2025 and 2026, contributing to the global supply surplus. Read More..

B2B Tech News | 1 months ago        

US Labor Market Shows Stabilization as Private Sector Employment Data Exceeds Expectations

Global markets on November 6 saw gold briefly rebound toward the $3,990 per ounce level, driven by fresh data showing signs of stabilization in the US

Global markets on November 6 saw gold briefly rebound toward the $3,990 per ounce level, driven by fresh data showing signs of stabilization in the US labor market, with private employment exceeding forecasts. Investors are continuing to assess the likelihood of another Federal Reserve interest rate cut following Chair Powell’s cautious remarks from late October. Despite the positive employment figures, safehaven assets like gold and the US dollar index saw fluctuations, reflecting lingering market uncertainty regarding the pace of monetary policy easing. The stabilization data countered some of the gloom from the previous days tech stock selloff. Read More..

B2B Tech News | 1 months ago        

OPEC+ Pauses Planned Oil Production Increases Through First Quarter of 2026

The Organization of the Petroleum Exporting Countries and its allies OPEC+ announced a strategic decision to halt all planned oil production increases

The Organization of the Petroleum Exporting Countries and its allies OPEC+ announced a strategic decision to halt all planned oil production increases through the first quarter of 2026. This pause reflects a proactive move to ensure market stability amidst persistent oversupply risks and shifting geopolitical dynamics. Though the alliance had previously targeted a restoration of 2.9 million barrels per day bpd in cuts, actual output gains lagged behind. The decision indicates the group is prioritizing stable prices over volume, as global oil markets remain volatile. The pause is set to influence commodity prices and supply chain security for the next several months. Read More..

B2B Tech News | 1 months ago        

Adani Enterprises Q2 Net Profit Soars 84% to ₹3,199 Crore on Exceptional Gains

Adani Enterprises Ltd AEL reported a massive 84 percent yearonyear jump in consolidated net profit to ₹3,199 crorefor Q2 FY26. This substantial incr

Adani Enterprises Ltd AEL reported a massive 84 percent yearonyear jump in consolidated net profit to ₹3,199 crorefor Q2 FY26. This substantial increase was largely driven by an exceptional gain of over ₹2,900 crore from a partial stake sale in Adani Wilmar, alongside the amalgamation of Adani Cementation. Total income, however, saw a six percent decline due to lower export volumes and price volatility in the integrated resource management business. Operationally, the airports division delivered robust growth, with revenue climbing 39 percent. Chairman Gautam Adani noted that the strong performance across core infrastructure assets like airports, data centers, and roads will accelerate India’s transition to a technologydriven future. Read More..

B2B Tech News | 1 months ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts


1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   15338   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12813   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13187   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   12933   

5.  Approximately 8 billion gadgets connect on the internet every day.
   16022   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!


Where do you go to learn more about whats happening in your industry? Check all that apply.