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Indian manufacturers see softer increases in new business, output in August: PMI
In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …
PTI
OPEC+ extends major oil production cuts until 2025 to stabilise market
Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …
ANI
S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years
In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…
PTI
Global economy to grow 2.7% in 2024 as major economies avoid severe downturn: UN report
The growth rate of the world economy is expected to remain around 2.7 per cent in 2024, and 2.8 per…
ANI
India is likely to benefit if Trump wins US elections, per Nomura Global Research
"We see India as a relative beneficiary, due to its domestic demand-driven growth model and benefit…
ANI
Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high
The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …
ANI
PVR INOX to close 70 non-performing screens in FY25, plan monetisation of real estate assets
The company will add 120 new screens in FY25 and close almost 60-70 non-performing screens, as it c…
PTI
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
Indian stock markets open flat amid the anticipations of profit booking
The Indian stock markets opened flat on Tuesday amid the anticipations of profit-booking as the ben…
ANI
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…
PTI
Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank
The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …
PTI
Asian markets decline amid economic slowdown fears, experts say limited impact on India
Asian stock markets on Monday plummeted early as selling pressure mounted after lower-than-expected…
ANI
Rural economy is driving India's growth, Govt capex in infra will stimulate it: Anand Rathi report
The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban …
ANI
Fitch raises global growth forecast on improved near-term prospects
Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…
ANI
AI could slow BPO sector growth: Chief Economic Advisor Nageshwaran
Chief Economic Advisor V Anantha Nageswaran emphasized the crucial and positive role that artificia…
ANI
Indian hospitality sector registers growth in Q2 2024; Hyderabad leads with 11.9% surge: JLL report
Hyderabad led the charge with a notable RevPAR growth of 11.9 per cent in Q2 2024 compared to the s…
ANI
Global M&A transaction value rises in first half of 2024 despite fewer deals: S&P Report
Global mergers and acquisitions (M&A) have seen a notable increase in total transaction value durin…
ANI
S&P Global ups India's growth forecast for 2024-25
S&P Global Ratings on Tuesday raised India's growth forecast for 2024-25 by 0.4 per cent to 6.8 per…
Sensex, Nifty extend gains to scale fresh peaks on firm global cues
Rallying for the ninth straight session, the 30-share BSE Sensex climbed 231.16 points or 0.28 per …
PTI
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…