Economy Archives - Page 68 of 260

Economy

May 14, 2025 6:27 PM

Indian stock markets close higher; defence sector maintains momentum

Indian equity markets ended Wednesday’s session on a positive note, driven by gains in metal, real estate, and technology stocks. Among the standout performers was the domestic defence sector, which continued its upward trajectory for the third co...

May 14, 2025 4:03 PM

Cabinet approves sixth semiconductor unit in Uttar Pradesh, boosting Atmanirbhar Bharat vision

In a major boost to India’s semiconductor ambitions, the Union Cabinet, on Wednesday approved the setting up of a new semiconductor manufacturing unit in Uttar Pradesh. This will be the sixth facility under the India Semiconductor Mission, undersco...

May 14, 2025 2:51 PM

India’s WPI inflation falls to 13-month low

India’s wholesale inflation fell to a 13-month low of 0.85% in April, down from 2.05% in March and 2.38% in February, according to data released by the Ministry of Commerce and Industry on Wednesday. This sharp deceleration reflects easing price pr...

May 14, 2025 10:35 AM

Sensex, Nifty open higher after inflation cools, geo-political tensions ease

The Indian market indices opened in the green on Wednesday after retail inflation hit multi-year low and geo-political tensions eased. At around 9:25 am, Sensex was up 414 points or 0.51 per cent at 81,562 and Nifty was up 136 points or 0.55 per cen...

May 13, 2025 8:32 PM

Coal imports fall by 9.2% in April–February period, saving nearly $7 billion in forex

India’s coal imports fell sharply by 9.2% during the April 2024 to February 2025 period, amounting to 220.3 million tonnes (MT) compared to 242.6 MT in the same period of the previous financial year. This decline translated into foreign exchange sa...

May 13, 2025 5:17 PM

Retail inflation drops to 3.16% in April 2025, lowest since July 2019

India’s retail inflation eased further in April 2025, marking its lowest level in nearly six years. According to data released by the Ministry of Statistics and Programme Implementation (MoSPI), the Consumer Price Index (CPI)-based inflation stood ...

May 13, 2025 3:40 PM

Retail boom: India to add 16.6 million sq ft of new mall space by 2025-26

India's retail sector is witnessing a major transformation, with over 16.6 million square feet of new Grade A mall space expected to come up across top seven cities in 2025 and 2026, a new report said on Tuesday. This surge is being driven by rising...

May 13, 2025 2:49 PM

Global stocks edge up, dollar dips as trade-deal sugar rush fades

A rally in global stocks and the dollar lost some momentum on Tuesday, as initial euphoria over a trade truce between the United States and China gave way to the persistent concern among investors over the impact of the standoff on the global economy...

May 13, 2025 12:42 PM

India’s major ports set record in FY 2024-25, cementing a decade of maritime growth

India’s Major Ports have achieved unprecedented milestones in the financial year 2024-25, marking a landmark year for the country’s maritime sector. The Ministry of Ports, Shipping and Waterways announced that total cargo handled by Major Ports r...

May 13, 2025 11:07 AM

Indian rupee opens stronger against US dollar

The Indian rupee opened 75 paise stronger at 84.65 against the US dollar on Tuesday, compared to its previous close of 85.38 per dollar. According to analysts, the trading range for the day was expected to lie between 84.50 and 85.25. The dollar mai...

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