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2 mins read

India may take 75 years to reach one-quarter of US income per capita, says World Bank report

Drawing on lessons of the past 50 years, the report finds that as countries grow wealthier, they us…

PTI   


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Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA

The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…

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Sensex, Nifty tumble nearly 1.5% as bank stocks slump on weak Japanese markets

Equity benchmark indices tumbled nearly 1.5% on Monday due to heavy selling in frontline stocks Rel…

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'Americans just work harder' than Europeans, said the CEO of Norway's $1.6 trillion oil fund

Nicolai Tangen said European companies aren't innovating as quickly as American ones, as he spoke o…

Matthew Loh   


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Sensex, Nifty draw back from lifetime highs on profit taking; HDFC Bank, ICICI major drag

The NSE Nifty dipped 37.10 points or 0.14 per cent to 26,178.95 after rising 61.3 points or 0.23 pe…

PTI   


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3 mins read

Sensex hits 85,000 level but closes flat as FMCG, banking shares drag

Sensex scaled the 85,000 level and Nifty breached the 26,000 mark for the first time before paring …

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1 min read

Moscow will reportedly block sales of Western banks to Russian firms, leaving them with no exit

Western banks still operating in Russia are facing and increasingly difficult path to an exit.

Filip De Mott   


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Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

Mumbai's Sensex and Nifty indices fell for the sixth consecutive session, influenced by significant…

PTI   


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Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi

In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…

ANI   


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4 mins read

Sensex @ 84k: With 1,359 pts gain, benchmark index settles above historic mark

Sensex hits a record high of 84,544.31, driven by gains in bank stocks and positive global trends, …

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2 mins read

Brace for ‘climateflation’: Study predicts rise in food price inflation amid worsening climate change

Imagine a future where your grocery bill climbs higher each year, not because of lavish spending or…

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1 min read

Russia's largest bank says it has no problems transacting with India

Sanctioned Sberbank has managed to pivot to processing transactions in rubles and rupees.

Huileng Tan   


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3 mins read

India provided more climate finance in 2022 than many rich nations, noted recent report

India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…

PTI   


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Sensex, Nifty edge up in volatile trade ahead of US Fed chief speech

In early trade, the benchmark declined 169.93 points or 0.20 per cent to a low of 80,883.26. La…

PTI   


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Rupee falls 3 paise to close at all-time low of 83.66 against US dollar

On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.

PTI   


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3 mins read

CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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5 mins read

PM Modi heads to Italy today for G7 Summit, first overseas visit after assuming office for third term

Rao said that PM Modi will play an important role in one of the global platforms, to engage with ot…

ANI   


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Microsoft outage – London Stock Exchange, banks and airlines across the world affected

In what is emerging as one of the biggest tech outages, Microsoft’s services across the world have …

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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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Sensex climbs over 560 points; Nifty tops 22,300-level

Equity benchmark indices Sensex and Nifty climbed nearly 1 per cent each on Monday amid a rally in …

PTI