Friday, April 19, 2024

Economy

April 18, 2024 1:33 PM

Asia stocks bounce as soaring dollar pauses

Asian stocks made their biggest gains in a month on Thursday, while the dollar took a breather and bond markets steadied as investors stepped back to assess the interest rate outlook. Oil found support following its sharpest fall in two-and-a-half m...

April 16, 2024 9:00 PM

IMF boosts India’s 2024 growth forecast

The International Monetary Fund (IMF) in its latest outlook raised India's growth projections for 2024 from 6.5 per cent to 6.8 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies.   For t...

April 16, 2024 6:14 PM

Dollar rises to five-month high, puts heat on yen

The dollar touched five-month highs against the pound and euro on Tuesday, a day after hotter-than-expected U.S. retail sales sent Treasury yields higher, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990. ...

April 15, 2024 4:23 PM

India sees marginal rise in wholesale inflation in March

Wholesale inflation in India, measured by the Wholesale Price Index, ticked upward in March, marking its fifth consecutive month in positive territory. This comes after seven months of residing in the negative zone until October. Official data relea...

April 15, 2024 12:10 PM

Sensex, Nifty plummet as Middle East tensions send shockwaves across global equities

The Indian benchmark indices fell on Monday, mirroring the global concerns over the escalating tensions in the Middle East. At the opening bell, Sensex and Nifty witnessed significant declines, reflecting the apprehension among investors in the face...

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Last updated on: 19th April 2024