Economy Archives - Page 209 of 312

Economy

November 19, 2024 12:37 PM

Moody’s downgrades Bangladesh’s outlook to negative

The Moody's Ratings on Monday downgraded its outlook on the Bangladesh economy to negative from stable owing to heightened political risks and lower growth forecasts following the recent political and social unrest that led to a change in government....

November 19, 2024 11:24 AM

Nifty, Sensex bounce back on Tuesday reversing the selling trend

Indian stock markets opened on a positive note on Tuesday, reversing the recent trend of weakness as both indices gained in the opening session. At around 9:40 am, Sensex was up by 766.58 points (0.99%) at 78,105.59, while the Nifty climbed 236.50 p...

November 19, 2024 9:12 AM

Asian stocks rise, dollar weak as US yields tick down

Asian stocks rose on Tuesday while U.S. bond yields and the dollar hung back from multi-month highs as traders awaited President-elect Donald Trump's cabinet selection and sought to gauge the outlook for Federal Reserve easing. Tech shares advanced,...

November 18, 2024 8:22 PM

India’s 2-wheeler retail sales to see 11-14 pc growth in FY25

There was a robust 14 per cent growth in two-wheeler retail sales during the festive season (October 3-November 13), aided by festive cheer and an improvement in rural demand, a report showed on Monday. Credit rating ICRA has revised the outlook f...

November 18, 2024 6:33 PM

Dubai hosts third Global Freight Summit, Drawing over 5,000 industry leaders

The Global Freight Summit 2024 commenced in Dubai on November 18, marking its third edition since its inception in 2022. The three-day event, hosted by DP World, has attracted more than 5,000 industry leaders from 155 countries, representing diverse ...

November 18, 2024 5:41 PM

Gold prices dip 9% from peak, experts suggest support at current level

Gold prices showed a modest recovery on Monday, breaking a six-day losing streak. However, both international and domestic gold prices remain around 9% below their recent peaks, driven by global economic conditions and market sentiment. Internationa...

November 18, 2024 4:53 PM

Sensex, Nifty extend losses for seventh straight session

Benchmark stock indices slumped on Monday, extending losses for seventh straight session and touching a new multi-month low. The Sensex dropped 241.30 points (0.31%) to close at 77,339.01, while the Nifty declined 78.90 points (0.34%) to settle at 2...

November 18, 2024 4:44 PM

India rated fastest growing G20 economy with GDP growth projected at 7% for 2024

India is projected to be the fastest growing economy among the G20 countries with a 7% GDP growth rate for 2024, followed by Indonesia in the second spot with 5% while China is ranked third with an economic growth rate of 4.8%. "India takes the lead...

November 18, 2024 3:29 PM

Electronics, engineering, agricultural goods propel India’s export growth: CRISIL

India's core group exports surged 27.7 per cent in October with growth being particularly strong in categories such as engineering goods, electronic goods, chemicals, textiles, marine products and rice, according to a CRISIL report released on Monday...

November 18, 2024 11:07 AM

Sensex, Nifty fall as IT, bank shares drag markets

India’s benchmark indices fell on Monday, dragged down by selling across the IT, PSU banks, and pharmaceutical sectors. The Sensex slipped 333.13 points, or 0.43%, to 77,247.18, while the Nifty declined 98.70 points, or 0.42%, to 23,434.00 by 9:51...

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