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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   


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2 mins read

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   


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4 mins read

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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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1 min read

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   


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1 min read

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…

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4 mins read

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   


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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…

ANI