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Economy

November 27, 2024 10:01 AM

Trump tariffs would harm all involved, US trade partners say

Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect Donald Trump's threat of hefty tariffs on goods would harm the economies of all involved, cause inflation to spike and damage job markets. Trump's ple...

November 26, 2024 5:10 PM

Sensex, Nifty end flat after two-day rally

Indian stock markets closed flat on Tuesday, pausing after a strong two-day rally that had boosted indices by nearly 4%. The Sensex ended the session at 80,004.06 points, slipping 105.79 points or 0.13%, while the Nifty settled at 24,194.50 points, ...

November 26, 2024 11:28 AM

Sensex, Nifty rise as realty gains and investor sentiment lift markets

India’s benchmark indices opened higher on Tuesday, driven by buying in the realty sector and positive momentum from the previous two sessions. The Sensex climbed 94.14 points, or 0.12%, to reach 80,203.9, while the Nifty advanced 31.20 points, or...

November 25, 2024 11:17 PM

Cabinet approves ₹7,927 crore multitracking projects to boost rail connectivity

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved three major multitracking projects for Indian Railways at a cost of approximately ₹7,927 crore. The initiative aims to enhance rail connectivity, reduc...

November 25, 2024 10:35 PM

Centre approves ₹3,689 crore investment for two hydroelectric projects in Arunachal Pradesh

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Monday approved an investment of ₹3,689 crore for the construction of two hydroelectric projects in Arunachal Pradesh's Shi Yomi district. Both projects a...

November 25, 2024 8:00 PM

“ICA Global Cooperative Conference will give insights for India’s future cooperative journey”: PM Modi

Prime Minister Narendra Modi on Monday expressed confidence that the ongoing ICA Global Cooperative Conference will provide valuable insights to shape the future of India’s cooperative movement, describing it as a cornerstone of the nation's cultur...

November 25, 2024 5:18 PM

Inflation to ease, economic growth to accelerate in coming months: Finance Ministry

India's food inflation is likely to ease while the growth outlook for the economy is "cautiously optimistic" for the coming months as the agricultural sector is likely to benefit from favourable monsoon conditions, increased minimum support prices an...

November 25, 2024 4:56 PM

“Connectivity will be the new element of India-Mediterranean ties; IMEC can be a game changer”: Jaishankar at MED dialogues

External Affairs Minister S. Jaishankar emphasized the growing importance of connectivity in strengthening India’s relationship with the Mediterranean region, describing the India-Middle East-Europe Economic Corridor (IMEC) as a potential "game cha...

November 25, 2024 4:46 PM

Sensex rallies 992 points; Adani Ports and L&T Lead Gainers

Indian equity markets closed in the green on Monday. At closing, Sensex was at 80,109, up 992 points, or 1.25 per cent, and Nifty was at 24,221, up 314 points or 1.32 per cent. In the last two trading sessions, Sensex added nearly 3,000 points. Ba...

November 25, 2024 3:32 PM

India’s iPhone output reaches $10 billion, creates 1.75 lakh jobs

Riding on the government's production-linked incentive (PLI) scheme, Apple’s iPhone production in the country has reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record, the Centre said on ...

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