Saturday, December 21, 2024

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Economy

December 17, 2024 4:38 PM

Market Jitters: Indian Shares Tumble Ahead of Global Rate Decisions

Indian stocks closed sharply lower on Tuesday, dragged down by selling across major sectors including PSU banks, auto, IT, financial services, pharma, FMCG, metal, and realty. The decline comes as investors brace for crucial policy decisions from glo...

December 16, 2024 9:33 PM

India’s total exports rise to $67.8 billion in November

India's total exports, including merchandise and services, reached $67.79 billion in November 2024, reflecting a 9.59 percent growth compared to November 2023, according to the Ministry of Commerce and Industry. Merchandise exports during April-Nove...

December 16, 2024 4:38 PM

Sensex Ends Lower, Nifty Bank Flat as Investors Await Fed Decision

The Indian stock market closed lower on Monday amid mixed global cues. At closing, the Sensex settled at 81,748.57, down by 384.55 points, or 0.47 percent, and the Nifty ended at 24,668.25, down by 100.05 points, or 0.40 percent. The national marke...

December 16, 2024 3:05 PM

Global markets wary of Fed rate plans, China retail disappoints

Shares around the world nudged lower on Monday on soft economic numbers from China and Europe and as surging bond yields challenged equity valuations, at the start of a week packed with central bank meetings and major economic data. Figures from Chi...

December 16, 2024 4:34 PM

WPI inflation eases to three-month low in November

The annual inflation rate based on the Wholesale Price Index (WPI) stood at 1.89 per cent (provisional) for November 2024, compared to 2.36 per cent in October 2024 and 1.91 per cent in September 2024. According to the Ministry of Commerce and Indus...

December 16, 2024 1:38 PM

Bitcoin surges above $106,000 on strategic reserve hopes

Bitcoin surged to a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Bitcoin, the worl...

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Last updated on: 21st December 2024