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India urged to deepen ties with Taiwan, Japan for semiconductor growth: Report

India should deepen its partnerships with countries like Taiwan and Japan to make its presence in t…

ANI   


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Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit

Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at t…

ANI   


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Stock market today: Nasdaq drops 3% as weak manufacturing data renews US growth fears

Investors were disappointed by Tuesday's manufacturing data, which amplified fears that the US econ…

Filip De Mott   


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NITI Aayog releases blueprint to propel India into a USD 500 billion electronics powerhouse by FY 30

The report emphasises the sector's potential and the challenges it faces, while outlining specific …

ANI   


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SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch

State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …

ANI   


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Durlax Top Surface Limited IPO Opens on June 19, 2024

Durlax Top Surface Limited, specializing in manufacturing solid surface materials, has announced it…

ANI   


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Tesla executive who led Cybertruck manufacturing leaves carmaker

The director who helped launched Tesla's Cybertruck is leaving the company.

Grace Kay   


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Rupee rises 3 paise to end at 83.43 against US dollar

At the interbank foreign exchange, the domestic unit opened at 83.40 and moved in the range of 8…

PTI   


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Stock market today: Stocks trade mixed to kick off June after weak manufacturing data

A nine basis point decline in the 10-year Treasury yield was not enough to boost all three major st…

Matthew Fox   


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Deloitte projects India's FY25 GDP growth at 6.6%

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal…

PTI   


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Indian exports show resilience amid global challenges in first quarter, says CRISIL report

Despite the positive growth in exports, the trade deficit widened to $21 billion in June from $ 19.…

ANI   


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US service sector expands at fastest pace since September as holiday season lifts activity

While supplier deliveries and business activity improved, ISM's gauge of employment entered contrac…

Ben Winck   


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Stock market today: Indexes test record highs as dovish jobs report sends bond yields lower

The June jobs "should have Fed officials troubled that the desired cooling in the economy could tra…

Matthew Fox   


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DGCA slaps ₹1.10 crore penalty on Air India for safety violations

Aviation watchdog DGCA has imposed a penalty of Rs 1.10 crore on Air India for safety violations w…

PTI   


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US service-sector recovery slows in August as pandemic fears weigh on spending

The Institute for Supply Management's service sector gauge fell for the first time in four months t…

Ben Winck   


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One jarring chart shows how China's latest COVID lockdown could threaten the US economic recovery

China's COVID lockdown has hurt its manufacturing industry. It's likely to hit the US economy as we…

Jason Lalljee   


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US service industry creeps toward growth as lockdowns ease, ISM report shows

The organization's non-manufacturing index climbed to 45.4 in May from 41.8, signaling a broad stab…

Ben Winck   


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Services are roaring back to life in a 'post-Omicron rebound' according to one of the most closely watched business surveys

A popular gauge of service-sector health just improved for the first time in three months. Manufact…

Ben Winck   


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The US services sector fell into contraction territory for the first time since the financial crisis in April, ending a 122-month expansion

The Insitute for Supply Managaement's services index plunged to 41.8 from 52.5, extending the virus…

Ben Winck   


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Key manufacturing data point to the direction of stocks in 2022 — and the S&P 500 will struggle to eke out a gain, Morgan Stanley says

There's a tight correlation between the New York Fed's manufacturing survey and the broad equity in…

Carla Mozée