Moody’s Expects India To Grow 6.6% In Fiscal Year 2024-25
The rating agency's 2024-25 GDP growth estimates are, however, lower than the projections made by the RBI. The RBI, in its latest monetary policy review meeting, projected Indian economy to grow at 7 per cent in 024-25.
Gold Drops Rs 200; Silver Grows Rs 800
In the foreign markets, spot gold at Comex was trading at USD 2,339 per ounce, down USD 8 from the previous close
Stock Markets Soar As April’s Retail Inflation Eases
In Asian markets, Singapore, Tokyo, South Korea, Thailand, Malaysia, and Taiwan ended higher, while Hong Kong, Shanghai, and Indonesia closed lower
Early Trade Sees Markets Gains As April’s Retail Inflation Eases
In Asian markets, Thailand, Malaysia, Tokyo, and Taiwan were trading higher, while Singapore, South Korea, Hong Kong, and Indonesia were trading lower
Sensex And Nifty Rebound On Fag-End Buying, Settle With Gains
In Asian markets, Singapore, Malaysia, Hong Kong, Indonesia, Thailand, and Taiwan concluded higher, while Shanghai, South Korea, and Tokyo ended lower
Adani Group Leads Domestic Consolidations Worth $2 Billion
In April, India saw a surge in deal-making, led by the Adani Group, which spearheaded major domestic consolidations worth $2 billion, comprising 38% of total deal values.
Stock Markets Slip In Early Trade; Sensex Dips 588 Points
In Asian markets, Malaysia, Hong Kong, and Taiwan were trading higher, while Singapore, South Korea, Tokyo, and Thailand were trading lower
Government To Take Necessary Steps To Fulfil Projected Peak Power Demand In May, June
The ministry provided more details on the actions, stating that in addition to coal-based units, section 11 directives have been sent to gas-based power plants instructing them to utilize their whole capacity for the production of energy.
India’s Digital Payments Boost Spending
India's digital journey is booming, with a significant rise in consumer spending through digital transactions, mainly using the UPI.
Global Debt Crisis Impacting Nearly 95 Countries: G20 Sherpa Amitabh Kant
India's Attorney General R Venkataramani also participated in the event and commended India's pivotal role in shaping the global Silk Route and its central position in the emergence of the G20 as a platform for diverse ideologies and legal fraternities.