Economy Archives - Page 241 of 364

Economy

December 24, 2024 4:18 PM

Indian share market ends flat ahead of christmas

The Indian stock market closed flat on Tuesday, influenced by selling pressure in sectors like IT, financial services, pharmaceuticals, PSU banks, metals, and realty. At the end of the trading day, the Sensex closed at 78,472.87, marking a decline o...

December 24, 2024 4:14 PM

Indian firms record robust fundraising in 2024 equity market

The year 2024 witnessed Indian companies achieving a new milestone in capital markets by raising substantial funds through various avenues, including initial public offerings (IPOs), follow-on public offers (FPOs), qualified institutional placements ...

December 24, 2024 1:44 PM

India, ADB sign USD 500 million loan to support green, sustainable infrastructure projects

India and the Asian Development Bank (ADB) signed a USD 500 million loan to support green and sustainable infrastructure projects aligned with the country's climate commitments. The agreement was signed on December 20, and the ADB loan, with a sover...

December 23, 2024 4:55 PM

Stock market gains nearly 500 points amid positive global cues

After a week of losses, Indian equity markets closed on a positive note on Monday, buoyed by strong global cues. The domestic benchmark indices, Sensex and Nifty, rebounded after witnessing a near 5% decline over the past five consecutive trading ses...

December 23, 2024 4:44 PM

Inflation burden eases for farm and rural labourers

The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) for November this year declined to 5.35 per cent and 5.47 per cent respectively, compared to 7.37 per cent and 7.13 per cent in the same month last ye...

December 23, 2024 4:38 PM

What happens when Russian gas to Europe via Ukraine stops?

Russian President Vladimir Putin met Slovak Prime Minister Robert Fico in the Kremlin on Sunday, a rare visit by a European Union leader to Moscow as a contract allowing for Russian gas to transit through Ukraine nears expiry. Ukrainian President Vo...

December 23, 2024 4:24 PM

Biden launches new US trade probe into legacy Chinese chips

The Biden administration on Monday announced a last-minute trade investigation into Chinese-made "legacy" semiconductors that could heap more U.S. tariffs on chips from China that power everyday goods from autos to washing machines to telecoms gear. ...

December 23, 2024 4:18 PM

Gold gains 30% in 2024, silver up 35% on COMEX this year: MOFSL

Gold and silver have experienced an impressive rally in 2024, gaining approximately 30% and 35%, respectively, on the Commodity Exchange (COMEX), a report revealed on Monday. While central bank policies and geopolitical risks are significant drivers...

December 23, 2024 3:54 PM

Telecom subscriber base in India sees decline in October 2024

India's telecom sector witnessed a decline in its subscriber base in October 2024, as per data released by the Telecom Regulatory Authority of India (TRAI). The report highlighted a decrease of 33 lakh active subscribers, with the total subscriber co...

December 23, 2024 3:27 PM

Global stocks rally as investors cheer US inflation relief

Global shares were boosted on Monday by a U.S. inflation reading offering some hope for further policy easing next year, along with relief that Washington had averted a government shutdown. After a recent central bank decisions bonanza, this week on...

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