Sunday, September 08, 2024

Economy

September 4, 2024 6:25 PM

Global markets – Nvidia sell-off, growth concerns hit markets

Shares fell globally on Wednesday, hit by a drop in tech stocks sparked by a record sell-off for U.S. chipmaker Nvidia and as expectations of fading global growth bruised riskier assets, pushing oil prices to multi-month lows and buoying bonds. Euro...

September 4, 2024 4:59 PM

Sensex, Nifty close lower as global markets stumble

India’s benchmark indices fell on Wednesday, as concerns over a potential slowdown in the U.S. triggered declines in global equities and shares of IT companies. The Sensex dropped 202.80 points, or 0.25%, to settle at 82,352.64, while the Nifty fe...

September 4, 2024 3:57 PM

India allows 8,606 tonne sugar export to US under tariff rate quota

India has approved the export of 8,606 metric tonnes of sugar to the United States under the Tariff Rate Quota (TRQ) scheme for the US fiscal year 2025, according a notification isssued by the Directorate General of Foreign Trade (DGFT). Under the T...

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