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Venture capital firm UPS sent a warning to diversify deposit holdings in November End-shutdown
Union Square Ventures warned portfolio companies in November to diversify their bank deposits. The warning, which has not been previously reported, never specifically mentioned SVB. But it came after a senior partner became alarmed after reading SVB’s financial statements. Charging Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed […]
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Moody’s raises India’s growth forecast for 2023 to 5.5% thanks to higher capital spending End-shutdown
Moody’s Investors Service on Wednesday raised India’s 2023 economic growth estimate to 5.5% from 4.8% earlier, thanks to a sharp increase in budget capital spending and resilient economic momentum. However, it revised India’s 2022 growth estimate downward to 6.8 percent from 7 percent set in November last year. In its February update to the Global […]