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May 30, 2024 9:32 PM
The Reserve Bank of India (RBI) has projected a 7 percent GDP growth in the current financial year. In its annual report, it said the real GDP growth for 2024-25 is projected to grow at 7 per cent with risks evenly balanced. The central bank said the Indian economy expanded at a robust pace in fis...
May 31, 2024 8:27 PM
The BSE Sensex added 75 points, or 0.1 percent, to close at 73,961. The NSE Nifty was up 42 points, or 0.19 percent, to settle at 22,531. In the forex market, the Indian rupee ended at 83 rupees and 49 paise against the US dollar. In the Global Commodity Exchange, Gold, for 5th June co...
May 30, 2024 7:06 PM
Bharatiya Janata Party has credited the S&P Global Ratings’ revision in India’s outlook to the Narendra Modi government’s policy interventions and steps taken to strengthen the economy. The rating agency has changed India’s outlook from ‘stable’ to ‘positive’. Briefing media in N...
May 30, 2024 4:00 PM
Finance Minister Nirmala Sitharaman has said that S&P Global Ratings' revision of its outlook on India from 'stable' to 'positive' is a welcome development. In a social media post, she said that this reflects India's solid growth performance and a promising economic outlook for the coming years....
May 30, 2024 1:17 PM
The National Highways Authority of India (NHAI) has launched an initiative to monetize its infrastructure, seeking investments from the UAE to sustain and enhance India's expanding national highway network. NHAI’s delegation, led by Chairman Santosh Kumar Yadav and NHIT MD Suresh Goyal, is conduct...
May 29, 2024 7:46 PM
4 out of 5 Asian Majour Indices are negative today. China's Shanghai Composite Index inched marginally up by 0.05 per cent, Hong Kong's Hang Seng Index lost 1.86 per cent, South Korea's Kospi down by 1.7 per cent , Japan's Nikkei fell 0.77 per cent and Singapore's Straits Times index slid 0.21 per c...
May 29, 2024 7:43 PM
In the Currency Market, Dollar demand from local corporate pressured Indian rupee to slip by 4 paise to close at 83.17 against the Dollar. The dollar index slipped below the 104.5 mark, extending its losses from Monday....
May 29, 2024 7:27 PM
Sensex and Nifty fell for the 4th day in a row. amid negative queues from the Global share markets. The BSE Sensex shed 668 points, or 0.89 percent, to close at 74503. The NSE Nifty dropped 183 points, or 0.8 per cent, to settle at 22705. In the broader market at the BSE, the Mid-Cap index decrea...
May 29, 2024 6:51 PM
Gold price decreased today. The Precious Metal, for 5th June 2023 contract, down by 0.25 per cent and trading at 71999 Rupees per 10 Grams. On the other hand, Silver for 5th July 2023 contract, gained 0.22 per cent today and trading at 95660 Rupees per KG when reports last came in....
May 29, 2024 6:24 PM
India’s Economy is set to grow by 7.4 per cent in the 4th Quarter of the Financial Year 2023-24, says the SBI’s Economic Research Unit’s Ecowrap note. The Research unit of the Public Sector Bank says, that the GDP of the Financial Year 24 is likely to touch 8 per cent. The report, released on...
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