Thu, May 13, 2021 10:55 AM
Fresh funding is expected to increase Mamaearth's valuation to $700 million
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The CNN Money Fear and Greed index showed a slight improvement in the overall market sentiment, while the index remained in the “Fear” zone on Thursday. U.S. stocks settled lower on Thursday, following the release of economic reports. The U.S. economy grew an annualized 1.6% in the first quarter, marking a notable slowdown from the 3.4% rate in the final quarter of 2023.
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Robert Kiyosaki, the author of the best-selling book “Rich Dad Poor Dad,” believes the U.S. economy is definitely in a state of depression. What Happened: On Friday, Kiyosaki took to X, to express his view on the state of the U.S. economy. He stated that the economy was in a state of depression because it was experiencing subpar growth.
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After a five-session winning streak, Indian equity indices took a negative turn and closed sharply lower on Friday, with financials bearing the brunt of Bajaj Finance's weak outlook.The 30-share BSE benchmark Sensex declined 609 points or 0.82% to settle at 73,730. The broader NSE Nifty dropped 150 points or 0.67% to end at 22,420.Both the indices opened about 0.25% higher before swinging.
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