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September 6, 2024 12:06 PM

Floods in Andhra Pradesh damaged crops in 1.8 lakh hectares: Shivraj Singh Chouhan

Union Agriculture Minister Shivraj Singh Chouhan has said that floods in Andhra Pradesh damaged crops in 1.8 lakh hectares and affected about 2 lakh farmers, as per initial estimates. He said the crops have suffered a lot of damage, especially flowers and turmeric. Mr Chouhan is on a two-day visit t...

September 5, 2024 9:18 PM

Indian economy advances with financial stability: RBI Governor Shaktikanta Das

          Reserve Bank of India (RBI) Governor Shaktikanta Das affirmed that India's economic growth remains on track. He said that the central bank’s projection of a 7.2 percent GDP growth for FY25 is realistic. He was addressing the inaugural session of the Annual FIBAC 2024 Conference,...

September 5, 2024 7:10 PM

Most of the Asian market ended in red

Three out of five Asian indices ended in negative territory. Japan's Nikkei plunged more than one percent, Korea's Kospi declined nearly half a percent and Hong Kong's Hang Seng Index fell 0.07 percent. Conversely, Singapore's Straits Times Index increased 0.5 percent and China's Shanghai Composite ...

September 4, 2024 6:31 PM

India’s service sector growth surges to 5 month high in August: PMI

India's service sector activities surged to a five-month high in August due to resilient demand and easing inflationary pressures, according to the Services Purchasing Managers' Index (PMI) released today.   The index, compiled by S&P Global, highlighted that PMI numbers rose to 60.9 in A...

September 4, 2024 7:40 PM

Sensex and Nifty recovers intra day lows, ends session with modest loss

India's equity benchmark indices, Sensex and Nifty recovered their intra-day lows, ending the session with modest loss today. The decline in the domestic indices can be attributed to the concerns about a potential slowdown in the U.S. economy.   At the closing bell, the Sensex, which is pack ...

September 4, 2024 3:07 PM

Oil prices extends plunge of 4%

Oil prices slipped today, extending a plunge of more than four percent the previous day and hovering at their lowest since December. Oil Prices are declining on expectations that a political dispute halting Libyan exports could be resolved and concerns over sluggish global demand.   Brent cru...

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