Economy Archives - Page 52 of 316

Economy

October 29, 2025 3:26 PM

AI Rally Propels Nvidia Toward Historic $5 Trillion Benchmark

Nvidia was set to open above a $5 trillion market value on Wednesday, becoming the first company to reach the milestone after a powerful rally that has made the chip designer the centerpiece of the artificial intelligence boom. Shares of the Santa ...

October 29, 2025 3:41 PM

Uncertain Fed edges toward new rate cut

The Federal Reserve is expected to cut interest rates by a quarter of a percentage point on Wednesday as policymakers steer the U.S. economy based on limited data that has nevertheless kept concerns about the strength of the job market top of mind. ...

October 29, 2025 2:19 PM

UPI transactions in India jump 35 pc in H1 2025, touch Rs 143 lakh crore: Report

India’s Unified Payments Interface (UPI) continues to dominate the country’s digital payments landscape, with transactions surging 35 per cent year-on-year (YoY) to reach 106.36 billion in the first half of 2025, according to data released on Wed...

October 29, 2025 1:10 PM

GST cuts, festive demand to lift India’s industrial growth in coming months: report

India’s industrial activity is expected to pick up over the next three months as recent GST rate cuts boost demand and spur output, Bank of Baroda said in a report on Wednesday. The announcement of GST reforms, combined with the ongoing festive se...

October 29, 2025 1:14 PM

Apple hits $4 trillion market value as new iPhone models revitalize sales

Apple briefly topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race. Its stock briefly rea...

October 29, 2025 1:14 PM

Microsoft, OpenAI reach deal removing fundraising constraints for ChatGPT maker

Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit roots and likely go public so it can finance CEO Sam Altman's ambitious plans to develop data centers and cutting-edge techn...

October 29, 2025 11:43 AM

Piyush Goyal Meets European Trade Commissioner to Discuss India–EU Free Trade Agreement

Union Minister of Commerce and Industry Piyush Goyal visited Brussels from October 26–28, where he met with Maros Sefcovic, European Commissioner for Trade and Economic Security, and his team to discuss outstanding issues in the ongoing India–EU ...

October 29, 2025 10:01 AM

Sensex, Nifty open flat ahead of U.S. Fed policy decision; asian markets rally on rate cut hopes

Indian equity markets opened flat on Wednesday as investors awaited the outcome of the U.S. Federal Reserve meeting, even as most Asian markets traded higher on hopes of a rate cut. The Nifty 50 index opened at 25,982, up 45.80 points or 0.18 per ce...

October 28, 2025 5:14 PM

India’s industrial output grows 4% in September, manufacturing leads recovery

India’s Index of Industrial Production (IIP) recorded year-on-year growth of 4.0 per cent in September 2025, driven by strong performance in manufacturing, the Ministry of Statistics & Programme Implementation announced on Tuesday. Manufacturi...

October 28, 2025 4:11 PM

Sensex, Nifty end lower amid volatile trade

Indian stock markets ended lower on Tuesday after a volatile trading session, as investors booked profits in select sectors and adopted a cautious approach. The Sensex slipped 150.68 points, or 0.18 per cent, to close at 84,628.16, while the Nifty d...

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