Economy Archives - Page 21 of 216

Economy

May 21, 2025 10:49 AM

Indian stock market opens higher amid mixed global cues and sectoral buying

The Indian benchmark indices opened higher on Wednesday amid mixed global cues as buying was seen in the pharma, auto, PSU bank and financial service sectors in the early trade. At around 9.35 am, Sensex was trading 296.53 points or 0.37 per cent up...

May 21, 2025 10:20 AM

Fundamentally Flawed: Nvidia CEO Huang on U.S. Export Policy Fueling China’s Own Chip Development

U.S. export controls on artificial intelligence chips to China were "a failure," Nvidia Chief Executive Jensen Huang said on Wednesday. "All in all, the export control was a failure," Huang said, adding, "The fundamental assumptions that led to the ...

May 20, 2025 2:43 PM

India’s capital markets projected to grow steadily in FY26: Report

India's capital markets are projected to grow steadily in FY26, supported by expected GDP growth of 6.2–6.5 per cent and strong domestic demand, according to a new report released on Tuesday. The Nifty 50 is anticipated to deliver 12-15 per cent r...

May 20, 2025 12:54 PM

Good discussions on expediting first tranche of India-US trade pact: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Tuesday said that he had held fruitful talks with US Commerce Secretary Howard Lutnick towards concluding the first tranche of the India-US Bilateral Trade Agreement (BTA). India and the US are wo...

May 20, 2025 11:03 AM

Sensex, Nifty open a tad lower amid nixed global cues

The domestic benchmark indices opened lower on Tuesday amid mixed global cues, with selling seen in the auto, PSU bank, and financial services sectors during early trade. At around 9:31 am, the Sensex was trading 40.79 points, or 0.05 percent, down ...

May 20, 2025 9:21 AM

Tokyo Holds Firm: Japan Demands Full Removal of U.S. Tariffs

Japan's top trade negotiator, Ryosei Akazawa, said on Tuesday there was no change to Tokyo's stance of demanding an elimination of U.S. tariffs in bilateral trade negotiations. Tokyo will not rush into clinching a trade deal if doing so risked hurti...

May 19, 2025 3:48 PM

India expected to clock 6.9 pc GDP growth in Q4 of FY25: Report

India’s GDP growth is expected to increase to 6.9 per cent in Q4 FY2025 from 6.2 per cent in Q3 FY2025 despite the enhanced global uncertainty due to the US tariff turmoil during the quarter, according to an ICRA report released on Monday. The rep...

May 19, 2025 1:24 PM

India’s manufacturing sector gaining appeal among global investors: S&P Global report

India has made notable progress in improving its competitiveness and making its manufacturing sector more appealing to global investors, according to a report by S&P Global released on Monday. Although manufacturing value added accounts for a mo...

May 19, 2025 12:56 PM

FTA likely to double India’s apparel, textile exports to UK: Report

India's apparel and home textiles exports to the UK are expected to double from the current levels in the next 5-6 years, with the bilateral free trade agreement (FTA) scheduled to become operational in calendar year 2026, according to an ICRA report...

May 19, 2025 11:47 AM

Rupee strengthens, gold rallies amid global uncertainty

The Indian rupee opened 12 paise stronger at 85.44 against the US dollar on Monday, supported by favorable global cues and market optimism. The rupee had closed at 85.52 per dollar on Friday. At the same time, gold prices surged nearly 1 percent in ...

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