BUSINESS
RBI Revises GDP Growth Forecast Downward to 6.6%
He said the decision was taken because the growth in real GDP in the second quarter of this year turned out to be much lower than what was expected at 5.4 per cent.
Jaishankar: Indian Businesses Should Diversify Supply Chains Beyond China
He said there had been "some progress" from the recent resolution of the issues in the remaining friction points along the LAC in eastern Ladakh. But there is a need for further discussions, he said, speaking at an industry chamber Assocham.
Putin Highlights Profitability of Investments in India, Announces Russia's Plan for Manufacturing Site
Speaking at the 15th VTB Investment Forum in Moscow on Wednesday, he also mentioned that new Russian brands are replacing Western brands who have left the market saying that local Russian manufacturers are doing very well in sectors such as consumer goods, IT, high-tech and agriculture.
S&P Global Forecasts 3% Global Economic Growth in 2025
"With easing inflation, resilient labour markets, and sturdy consumer spending bolstering economic activity in most developed markets, we expect steady growth next year," S&P Global said.
Bitcoin Hits $1,00,000 Milestone, Experts Predict $120,000 Soon
Bitcoin was trading at $1,03,095, after gaining 4.39 per cent. According to Vishal Sacheendran, Head of Regional Markets at Binance, the cryptocurrency market is experiencing a surge in optimism as governments and institutions worldwide begin to embrace blockchain technology, paving the way for broader adoption and investment in digital assets.
Nifty Crosses 24,400 as Indian Stock Market Opens on a Positive Note
The market trend remained positive. As many as 1,291 stocks were seen trading in green on the National Stock Exchange, while 993 stocks were locked in the red.
Indian Stock Market Closes Positive, Focus Shifts to RBI’s MPC Decision
The banking stocks rose amid volatile sessions in the market, given the possibility of cash reserve ratio (CRR) cut by the central bank. The Sensex settled 80,956.3 as it rose 110.58 points or 0.14 per cent, the Nifty closed at 24,467.45, marking a gain of 10.30 points or 0.04 per cent.
Indian Stock Market Starts Strong, Nifty Surpasses 24,500
The market trend remained positive. At the National Stock Exchange, 1,851 stocks traded in green, whereas 409 stocks were red in colour.
Domestic Air Travel in India Expected to Soar with 7-10% Growth by FY25
During the first half of 2024-25, Icra said domestic air passenger traffic stood at 79.3 million with an annual growth of 5.3 per cent, that was partly marred by the severe heat wave and other weather-related disruptions.
India Sees 45% Surge in FDI to $29.79 Billion in April-Sept
The primary industries of the economy that benefited from FDI include services, automobile, computer software, IT hardware, telecom and pharmaceuticals and chemicals.
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