Economy Archives - Page 81 of 236

Economy

February 21, 2025 4:16 PM

Sensex, Nifty end lower amid global weakness and broad-based sell-off

The Indian stock market closed lower on Friday, extending its weekly losses due to weak global cues and broad-based weakness across sectors. The Sensex declined by 424.90 points, or 0.56%, to close at 75,311.06, while the Nifty fell by 117.25 points...

February 21, 2025 12:34 PM

India’s private sector growth hits six-month high in February: HSBC flash PMI data

India's private sector output reached a six-month high in February, driven by a sharp expansion in services activity, according to the latest HSBC Flash PMI data. The seasonally adjusted HSBC Flash India Composite Output Index rose to 60.6 from 57.7...

February 21, 2025 2:02 PM

India’s fruit exports expand into western markets with GI tags driving growth

India’s agricultural exports have reached new markets under the Modi government, with shipments of fruits entering Western countries for the first time and rice exports recording substantial growth, boosting farmers’ incomes. A senior agricultur...

February 21, 2025 10:17 AM

Sensex, Nifty trade almost flat, rupee strengthens

The Indian stock market traded nearly flat on Friday morning amid mixed global cues, with automobile stocks dragging sectoral indices. Shares of ICICI Bank, Infosys, Kotak Mahindra Bank, Tata Motors, and Reliance Industries weighed on the benchmark ...

February 20, 2025 5:10 PM

Ministry of Defence signs Rs. 1220.12 crore deal with Bharat Electronics for Coast Guard Radios

In a major step toward enhancing maritime security, the Ministry of Defence has inked a contract worth Rs. 1220.12 crore with Bharat Electronics Limited (BEL), Bengaluru, for the procurement of 149 state-of-the-art Software Defined Radios (SDRs) for ...

February 20, 2025 4:33 PM

Stock market trades low on global cues, geopolitical sentiments

India’s stock markets closed lower for the third straight session on Thursday, as selling pressure weighed on IT, pharma, and financial services stocks. However, small and midcap shares outperformed, showing strong gains during the session. The Se...

February 20, 2025 2:49 PM

India to transform into high-income country with GDP of $23–$35 trillion by 2047

India is set to transform into a high-income country with a projected GDP of $23–$35 trillion by 2047, driven by sustained annual growth of 8-10 percent, according to a report on Thursday. This will be powered by India’s demographic dividend, te...

February 20, 2025 2:01 PM

India set to remain world’s fastest-growing economy in 2025-26: RBI bulletin

India’s economy is expected to maintain its status as the fastest-growing major economy in 2025-26, supported by sustained growth momentum and strategic fiscal measures, according to the Reserve Bank of India’s (RBI) latest monthly bulletin. Cit...

February 20, 2025 10:45 AM

Sensex, Nifty open lower amid global trade tensions

Indian stock markets opened in the red on Wednesday as concerns over global trade tensions weighed on investor sentiment. The benchmark indices, Nifty 50 and BSE Sensex, declined at the opening bell, with selling pressure observed across most sectors...

February 19, 2025 4:38 PM

SBI pegs India’s GDP growth at 6.3% for Q3 of 2024-25

SBI economists have pegged India’s GDP growth at 6.2-6.3 per cent for Q3 (October-December) of 2024-25 driven by buoyant demand and Capex trends along with the increase in EBIDTA and corporate GVA recorded by India Inc. The SBI report released on ...

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