Economy Archives - Page 23 of 217

Economy

May 18, 2025 11:12 AM

Outlook for Nifty remains bullish, adopt buy-on-dips strategy: analysts

Indian equity benchmarks took a breather from their recent rally last week, with the Nifty ending just above the psychological 25,000 mark. Despite this pause, momentum indicators suggest a bullish setup going into the coming week, according to marke...

May 17, 2025 1:36 PM

Foreign investors return strongly, pump ₹8,831 crore into Indian markets

Foreign Portfolio Investors (FPIs) continued their buying spree in Indian equities for the third consecutive session on Friday, investing ₹8,831.1 crore — the highest single-day inflow since March 27, according to provisional data from the Nation...

May 16, 2025 7:25 PM

India’s forex reserves surge by $4.5 billion to cross $690.6 billion mark

India’s foreign exchange reserves jumped by $4.5 billion to reach $690.62 billion for the week ended May 9, according to data released by the Reserve Bank of India (RBI) on Friday. Foreign currency assets, the largest component of the reserves, ro...

May 16, 2025 5:55 PM

India’s GDP growth in Q4 of 2024–25 expected at 6.8–7%: report

The Indian economy is projected to grow at a rate of 6.8–7 per cent in the fourth quarter of the financial year 2024–25, largely driven by the agriculture sector, according to a report released by Bank of Baroda on Friday. For the full financial...

May 16, 2025 4:53 PM

APEC highlights ‘fundamental challenges’ in global trade as tariffs overshadow meeting

The Asia-Pacific Economic Cooperation group adopted a statement on Friday that cited "fundamental challenges" facing the global trading system, but stopped short of discussing a joint response to U.S. tariffs looming large over its meeting. The...

May 16, 2025 4:24 PM

India’s current sugar season to end with 52 lakh tonnes of buffer stock: ISMA

India’s 2024–25 sugar season is projected to conclude with a net sugar production of approximately 261 to 262 lakh tonnes, leaving a comfortable buffer stock of 52 lakh tonnes to meet domestic demand, the Indian Sugar & Bio-energy Manufacture...

May 16, 2025 11:12 AM

India–UK Trade Deal to Spur 15 % Annual Growth Through 2030, Says CareEdge

The bilateral trade between India and the United Kingdom is expected to grow by about 15 per cent a year until 2030, on the assumption that the recently concluded free-trade agreement (FTA) will take effect within the next twelve months, according to...

May 16, 2025 10:12 AM

Indian stock market opens lower amid mixed global cues

The domestic benchmark indices opened lower on Friday amid mixed global cues, with selling pressure seen in the IT, financial services, and pharma sectors during early trade. At around 9:29 a.m., the Sensex was trading 231.64 points, or 0.28 per cen...

May 16, 2025 9:31 AM

India remains fastest-growing economy at ‘precarious moment’ for world: UN

India remains the fastest-growing large economy and is expected to record a 6.3 per cent growth this fiscal year, while the global economy faces a "precarious moment," according to the UN. The UN's mid-year update of the World Economic Situation and...

May 15, 2025 5:35 PM

Gold prices drop sharply by Rs 2,375 per 10 grams; silver also falls

Gold buyers in India have a reason to cheer as prices of the yellow metal saw a significant drop on Thursday. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold fell by Rs 2,375 per 10 grams, bringing it down...

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