Economy Archives - Page 48 of 234

Economy

April 28, 2025 6:06 PM

Indian markets show resilience amid rising India-Pakistan tensions

India’s stock markets have rebounded after a brief decline triggered by escalating tensions between New Delhi and Islamabad following the April 22 attack in Pahalgam, which claimed 26 lives. During Monday’s intraday trade, the Sensex s...

April 28, 2025 1:05 PM

CBDT launches aggressive drive to curb black money, targets Rs. 2.4 lakh crore in undisclosed income

The Central Board of Direct Taxes (CBDT) has instructed field formations of the Income Tax Department to intensify efforts against black money and tax evasion through a comprehensive, time-bound strategy aimed at bringing unreported and under-reporte...

April 23, 2025 5:06 PM

Centre fast-tracks 17 mega infra projects worth Rs 14,096 crore across 4 states

The Centre has accelerated work on 17 major infrastructure projects worth over ₹14,096 crore across Uttar Pradesh, Haryana, Punjab, and Uttarakhand, as part of its ongoing efforts to boost development and streamline project execution. The ...

April 23, 2025 4:34 PM

Sensex, Nifty extend winning streak to seventh consecutive session

Indian stock markets extended their rally for the seventh straight session on Wednesday, driven largely by strong gains in IT stocks. The Sensex opened on a firm note, surging 548 points to reach 80,142 and later touched an intraday high of 80,255. ...

April 23, 2025 3:45 PM

AI economic gains likely to outweigh emissions cost, says IMF

Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tu...

April 23, 2025 11:28 AM

IMF slashes global outlook as White House says trade talks pick up pace

Worldwide economic output will slow in the months ahead as U.S. President Donald Trump's steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeki...

April 23, 2025 11:26 AM

Sensex, Nifty open higher on global optimism; IT and auto stocks lead gains

India’s benchmark equity indices opened higher on Wednesday, tracking positive global cues and buoyed by strong buying in information technology (IT) and automobile stocks. At 9:32 a.m., the BSE Sensex was trading 536.4 points, or 0.67 percent, hi...

April 23, 2025 9:20 AM

PM Modi co-chaired strategic council with Saudi Crown Prince before rushing back to India

Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman held high-level bilateral talks in Jeddah and co-chaired the second meeting of the India-Saudi Arabia Strategic Partnership Council (SPC) on Tuesday before the PM left for India ...

April 22, 2025 9:12 PM

India eyes $25 billion export boost in hand and power tools sector by 2035

India is aiming to increase its exports of hand and power tools to over $25 billion by 2035, according to a report jointly released by NITI Aayog and the Foundation for Economic Development. The report, “Unlocking $25+ Billion Exports: India’s Ha...

April 22, 2025 6:21 PM

RBI issues revised LCR guidelines for banks, effective April 2026

The Reserve Bank of India (RBI) has released updated guidelines for the Liquidity Coverage Ratio (LCR), introducing key changes that will take effect from April 1, 2026. The revisions are aimed at strengthening the liquidity resilience of Indian bank...

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