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Economy

June 6, 2024 4:06 PM

Netherlands launch four-day European Union elections across 27 nations

The Netherlands initiated voting Thursday in the European Union's parliamentary elections, setting the stage for a crucial democratic exercise expected to highlight the rise of far-right parties across the 27-nation bloc. Polling stations opened acr...

June 6, 2024 2:32 PM

Indian toy industry makes a strong push into the UAE market

The Toy Association of India (TAI) has brought a delegation to the UAE, consisting of members from across India, including manufacturers, importers, exporters, retailers, and toy testing lab designers. This diverse group of professionals aims to prom...

June 6, 2024 1:36 PM

Russian central bank urges global integration despite sanctions

Despite Western sanctions, Russia must be integrated in the global economy with countries that are prepared to work with it, central bank Governor Elvira Nabiullina said at Russia's flagship annual economic forum in St Petersburg on Thursday. The ev...

June 6, 2024 11:57 AM

Fitch maintains India’s rating at BBB-Stable, as coalition govt takes shape at centre

Fitch Ratings has maintained its assessment of India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, despite the coalition government following the recent election results. The affirmation of India's rating ...

June 6, 2024 11:50 AM

Nvidia overtakes Apple as No. 2 most valuable company

Nvidia's rallied to record highs on Wednesday, with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple to become the world's second most valuable company. Nvidia is preparing to split its stock ten-...

June 6, 2024 10:30 AM

Sensex, Nifty open higher as PM Modi gears up for third term

Indian benchmark indices opened higher on Thursday, buoyed by the BJP-led NDA's unanimous announcement that Prime Minister Narendra Modi will lead a new coalition government for a third consecutive term. The Sensex surged 378.59 points, opening at 7...

June 5, 2024 5:29 PM

DoT launches initiative to help MSMEs, startups embrace new technologies

The Department of Telecommunications (DoT) has launched a comprehensive survey to identify and address the challenges faced by Micro, Small, and Medium Enterprises (MSMEs) in adapting to new technologies. The survey aims to lay the groundwork for a ...

June 5, 2024 12:51 PM

In heated debate, Britain’s Sunak, Starmer go head-to-head on the economy

Prime Minister Rishi Sunak and Labour challenger Keir Starmer went head-to-head on Tuesday over how to boost Britain's economy, with the PM accusing the opposition party of wanting to increase taxes if it wins power at a July 4 election. Both Sunak,...

June 5, 2024 10:23 AM

Sensex, Nifty rebound in early trade after posting worst losses in four years

Indian benchmark indices opened slightly positive on Wednesday after their worst performance in over four years in the previous session. The BJP's victory in the recent general elections, marking their third consecutive term, buoyed the markets. The...

June 5, 2024 9:54 AM

Asian stocks rise on rate-cut wagers; spotlight on India

Asian stocks rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up bets of an interest rate cut in September from the Federal Reserve ahead of a crucial payrolls report this week. Investor worries of a cooling U....

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