Economy Archives - Page 72 of 226

Economy

February 18, 2025 8:05 PM

India negotiating FTA with GCC and Qatar: MEA

India is actively negotiating a Free Trade Agreement (FTA) with the Gulf Cooperation Council (GCC) and exploring a similar pact with Qatar, aiming to deepen bilateral ties and boost cooperation in trade, energy, investment, and security. The develop...

February 18, 2025 7:17 PM

Recapitalisation, reforms have worked well for public sector banks: SBI Chairman

Recapitalisation and reforms in recent years have worked well for public sector banks, resulting in cleaner balance sheets, State Bank of India (SBI) Chairman C.S. Setty said on Tuesday. The savings behaviour has also changed, as depositors are prac...

February 18, 2025 5:12 PM

India-Qatar business forum eyes growth in tech, diversification beyond energy

The India-Qatar Joint Business Forum was held on Tuesday in New Delhi, coinciding with the visit of Sheikh Tamim bin Hamad bin Khalifa Al Thani, Amir of Qatar. Organized by the Confederation of Indian Industry (CII) in partnership with the Department...

February 18, 2025 4:20 PM

Sensex, Nifty end flat amid mixed global cues

The Indian stock market traded within a narrow range on Tuesday, reflecting mixed signals from global markets. Despite intra-day fluctuations, the benchmark indices closed with marginal losses. The Sensex touched a low of 75,531 during the session b...

February 18, 2025 4:36 PM

India and Qatar elevate bilateral ties to strategic partnership following PM Modi’s talks with Qatari Amir

India and Qatar upgraded their bilateral relations to a 'strategic partnership' on Tuesday, with a focus on strengthening cooperation in trade, energy, investments, innovation, technology, food security, culture, and people-to-people ties. The Agree...

February 18, 2025 4:35 PM

India’s GDP growth expected to reach 6.6% in Q3 FY25: reports

India's gross domestic product (GDP) is projected to grow at 6.6% in the October-December quarter of 2024-25, down from 8.6% recorded in the same period of 2023-24, according to a report by the Bank of Baroda released on Tuesday. Despite the slowdown...

February 18, 2025 12:38 PM

US tariffs on steel sector unlikely to impact India materially: Crisil

The US tariffs on the steel sector are unlikely to impact India significantly, as only 2 percent of the country’s total finished steel exports in the first nine months of this fiscal year were to the US, according to Crisil Intelligence. The US ha...

February 18, 2025 11:33 AM

Indian stocks could see revival soon, global factors are the key: Morgan Stanley

Global brokerage Morgan Stanley has indicated that Indian stocks could experience a revival soon, though global factors will be crucial to this outcome. In its latest note, analysts at Morgan Stanley acknowledged that while catching the market botto...

February 18, 2025 10:02 AM

Sensex, Nifty open lower amid weak market sentiment

The Indian stock market opened lower on Tuesday, with selling pressure observed in PSU banks, metals, and real estate sectors during early trade. As of 9:37 AM, the BSE Sensex was down 193.10 points (0.25%) at 75,803.76, while the NSE Nifty fell 76....

February 17, 2025 6:43 PM

Govt received over 60,000 inputs from citizens on new Income Tax Bill: FM

The government received more than 60,000 inputs from citizens regarding the new Income Tax Bill, 2025, Union Finance Minister Nirmala Sitharaman said on Monday. Addressing a post-Budget event here, the Finance Minister said the review of the Income ...

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