Economy Archives - Page 52 of 221

Economy

March 20, 2025 9:49 AM

Indian stock market open higher, Sensex crosses 75,900

The Indian benchmark indices opened higher on Thursday, tracking positive global cues, with notable buying seen in IT and media sectors during early trade. At around 9:27 am, the Sensex was trading 454.70 points or 0.60% higher at 75,903.75, while t...

March 20, 2025 1:15 PM

Fed in no rush to cut rates; Trump disagrees

The Trump administration's initial policies, including extensive import tariffs, appear to have tilted the U.S. economy toward slower growth and at least temporarily higher inflation, Federal Reserve Chair Jerome Powell said on Wednesday, drawing ...

March 19, 2025 11:08 PM

Google charged with breaching landmark EU rules, Apple told to open up to rivals

Alphabet unit Google was hit with two charges of breaching landmark EU rules on Wednesday while Apple was ordered to help rivals connect with its iPhones and iPads, as antitrust regulators continued a crackdown against Big Tech. The move by the Euro...

March 19, 2025 5:04 PM

Cabinet approves Rs 1,500 crore incentive scheme to promote low-value BHIM-UPI transactions

The Union Cabinet on Wednesday approved an incentive scheme for the promotion of low-value BHIM-UPI transactions (P2M) for the financial year 2024-25. The scheme is designed to encourage the adoption of the BHIM-UPI platform among small merchants and...

March 19, 2025 4:14 PM

Sensex, Nifty extend gains for third straight session; midcap stocks outperform

Indian stock markets maintained their upward momentum for the third consecutive session on Wednesday, with both the Sensex and Nifty closing higher. The 30-share BSE Sensex touched an intra-day high of 75,568.38 before ending at 75,449.05, up 147.79...

March 19, 2025 2:01 PM

India’s domestic market expected to cushion impact of US tariff hike: Fitch

India’s large domestic market is expected to shield its economy from the impact of rising US tariffs, helping the country maintain stable growth global ratings agency Fitch has stated. Fitch has kept its growth forecast for India unchanged at 6.5 ...

March 19, 2025 1:07 PM

India’s agricultural and processed food exports see strong growth in FY2024

India's exports of agricultural and processed food products have experienced a significant 13 percent increase, reaching $22.67 billion during the April-February period of the current financial year. According to the Directorate General of Commercia...

March 19, 2025 9:54 AM

Sensex, Nifty open flat; FIIs resume buying

Indian benchmark indices opened flat on Wednesday amid mixed global cues, with early gains seen in PSU bank and metal stocks. At around 9:30 a.m., the Sensex was trading 17.21 points, or 0.02 per cent, higher at 75,318.47, while the Nifty edged up 4...

March 19, 2025 9:22 AM

Asian stocks muted, yen softer ahead of BOJ decision

Asian stocks were subdued on Wednesday and gold hovered near record highs as economic worries and a shifting geopolitical landscape kept risk appetite in check, while the yen was a tad softer ahead of the Bank of Japan's policy decision. The eur...

March 19, 2025 4:30 PM

India and Malaysia hold bilateral meeting to strengthen trade and economic cooperation

Union Minister of State for Commerce and Industry, Jitin Prasada, held a bilateral meeting on Tuesday with Malaysian Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong, to explore ways to strengthen trade relations and review progress...

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