Economy Archives - Page 285 of 313

Economy

May 9, 2024 10:36 AM

Sensex, Nifty see second consecutive day of decline; Hero MotoCorp surges 4.6%, L&T dips 4.3%

The Indian stock market saw a downturn for the second day in a row on Thursday. The Sensex dropped by 0.64 percent to 73,003, while the Nifty fell by 0.61 percent to 22,162 as of 10:25 am. Hero MotoCorp emerged as the top performer with a significan...

May 9, 2024 9:21 AM

FM Sitharaman holds telephonic conversation with US Treasury Secretary, discusses G20 priorities

Union Finance Minister Nirmala Sitharaman spoke to US Treasury Secretary Janet Yellen over the telephone on Wednesday. Earlier, both leaders met on the sidelines of the G20 Summit, which was hosted in the national capital under India's presidency ove...

May 8, 2024 4:46 PM

Illicit trade costs Pakistan over PKR 700 bn annually: Report

A report released by a prominent international research organisation reveals that Pakistan faces an enormous annual loss exceeding PKR 700 billion due to illicit trade activities, as reported by ARY News. The report, unveiled on Monday by Geoffrey H...

May 7, 2024 4:12 PM

India firm and fair: Jaishankar asserts vision for a digitized future

External Affairs Minister S Jaishankar on Tuesday emphasised India's stance as a principled yet robust nation highlighting the country's evolving approach towards challenges such as terrorism and border disputes. Addressing the Viksit Bharat 2047 pr...

May 7, 2024 1:03 PM

Yen weakens despite intervention threat, Aussie eases after RBA

The yen continued to drift lower against the dollar on Tuesday as gaping interest rate differentials weighed on the currency, despite fresh warnings from Japanese officials following two rounds of suspected dollar-selling intervention last week. The...

May 6, 2024 9:51 PM

Sanjaya Kumar Mishra appointed as the President of the GST Appellate Tribunal

In a ceremony held on Monday in New Delhi, Justice (Retd.) Sanjaya Kumar Mishra took the oath as the President of the GST Appellate Tribunal (GSTAT) from Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman. The GSTAT serves as the A...

May 6, 2024 8:35 PM

European shares climb on energy boost, rate-cut hopes

European shares rose on Monday (May 6), with investor optimism over interest rate cuts from major central banks back to the fore. The pan-European STOXX 600 was up 0.3%. UK equities are closed due to a bank holiday. Supporting sentiment, a media re...

May 6, 2024 10:58 AM

Indian stock market surges in early trading

The Indian equity market started the week on a positive note as the benchmark indices, Sensex and Nifty, bounced back in early trade. The BSE Sensex climbed 328.54 points to reach 74,206.69, while the NSE Nifty advanced by 93.45 points, settling at ...

May 5, 2024 11:20 AM

Foreign portfolio investors return as buyers in Indian stock market

Foreign portfolio investors (FPIs) have resumed their role as net buyers in the Indian stock market in May, marking a turnaround from their selling spree in April. According to data from the National Securities Depository Limited (NSDL), FPIs purchas...

May 4, 2024 5:54 PM

India lifts ban on onion exports after robust production

India lifted the restrictions on onion exports from Friday. The decision comes on the heels of robust kharif crop production in 2024 and favourable monsoon forecasts, coupled with stable market conditions both at the mandi and retail levels. "All re...

Economy

Top Stories of the Day