Explained: Fed’s Interest Rate Cut, Should India Cheer The Change Amid Mixed Market Reaction
The Fed's action has two major benefits for the financial markets. It boosts pricing for a variety of assets and releases some of the brakes on the economy, which has been flagging due to increased interest rates.
Indian Equity Indices Open Higher Amid Positive Global Cues
Indian equity indices opened in the green on Friday, buoyed by positive signals from Asian and US markets. By 9:46 a.m.
Indian Equity Indices Close Higher Following US Fed Rate Cut
Among sectoral indices, Auto, financial services, FMCG, real estate, and private banks were major gainers. In contrast, IT, PSU banks, pharma, metals, media, and energy sectors lagged.
Analysts Welcome US Fed Rate Cut As Global Economic Focus Shifts To India
Experts predict that the US rate cut will encourage central banks in other countries to consider similar actions
Apple Sees Surge In Pre-Orders For ‘Make in India’ iPhone 16 Ahead Of Launch
Apple a significant increase in pre-orders for its ‘Make in India’ iPhone 16, with the new lineup set to launch on September 20
Indian Stock Markets Hit All-Time Highs Following US Federal Reserve Rate Cut
Asian markets also reflected positive momentum, with Tokyo, Shanghai, Hong Kong, and Jakarta all trading in the green.
India’s Mobile Phone Manufacturing Boom: A Decade Of Growth
India's mobile phone manufacturing sector has witnessed a remarkable transformation over the past decade. Driven by strategic government initiatives like the Product-Linked Incentive (PLI) and Phased Manufacturing Programme (PMP).
Delhi HC Grants Ashneer Grover And Wife Permission To Travel Abroad
The Economic Offences Wing (EOW) of Delhi Police filed an FIR in 2022 against them for allegedly misappropriating Rs 81 crore from Resilient Innovations Private Limited, which operates the BharatPe UPI platform
India Sees 5.35% Growth In Exports At $328.86 Billion In April-August
In August, India’s total exports, including merchandise and services, amounted to $65.40 billion. Merchandise exports for the month were $34.71 billion, down from $38.28 billion in August 2023
Indian Equity Indices Close With Marginal Gains Ahead Of US Fed Meeting
At the close, the Sensex was up 90 points, or 0.11%, at 83,079. The Nifty rose 34 points, or 0.14%, to 25,418
