Indian stocks opened with a decline due to growth fears

Indian shares opened lower on Wednesday due to weak US economic data which signaled rising recession fears and weak growth outlook of companies.

India’s NSE stock futures listed on the Singapore Exchange were down 0.19% at 18,099.50, at 07:37 AM IST.

Ad spend on Twitter declined by more than 70% in December – data

Advertising spending at Twitter Inc fell 71% in December, data from an advertising research firm showed, as top advertisers slashed their spending on the social-media platform following its acquisition by Elon Musk.

SBM Bank says working with RBI to address “supervisory concerns”

SBM Bank (India) is engaging with the Reserve Bank of India (RBI) to address “supervisory concerns”, the lender said in an email to a customer reviewed by Reuters, days after the regulator barred it from certain transactions. stopped.