Friday, November 15, 2024

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September 24, 2024 9:13 PM

India makes its mark in the inaugural Gulf Food Green

The Dubai World Trade Centre is abuzz this week as it hosts tens of thousands of visitors from the global food and beverage industry for the inaugural Gulfood Green event. This unique showcase, dedicated to sustainable practices, cutting-edge technol...

September 24, 2024 5:00 PM

Basmati rice exports seen surging after floor price removed

India's decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping New Delhi to increase its share of the global market. The worl...

September 24, 2024 4:50 PM

Sensex, Nifty hit fresh highs amid global rate cuts

India’s benchmark indices extended their rally, reaching record highs for the fourth consecutive session on Tuesday. The Nifty crossed the 26,000 mark for the first time, while the Sensex surged past 85,000. At the close of trading, the Sensex set...

September 24, 2024 3:27 PM

S&P retains India’s growth forecast at 6.8%

India’s economy remains on a positive trajectory despite ongoing fluctuations. Global ratings agency S&P has upheld its forecast for India's economic growth at 6.8% for the current fiscal year 2024-25. The agency is also hopeful that the Reserv...

September 23, 2024 6:11 PM

Euro drops as glum PMI readings stoke bets on more ECB easing

The euro fell against the dollar on Monday as business activity readings painted a grim picture of the euro zone economy and fuelled bets on more interest rate cuts by the European Central Bank (ECB) this year. The common currency dropped 0.4% to $1...

September 23, 2024 4:37 PM

Sterling at two-year peak versus euro after PMI data

Sterling dipped against the dollar on Monday but touched a new two-year high versus the euro as business activity readings pointed to diverging economic cycles in the British and euro zone economies. The pound slipped 0.2% to $1.3298, hovering below...

September 23, 2024 4:42 PM

Indian markets ended on a positive note on Monday

The stock market ended on a positive note on Monday, with both benchmark indices reaching record highs. The BSE Sensex surged by 384.30 points, closing at 84,928.61, while the NSE Nifty climbed 148.10 points to settle at 25,939.05. Gains in sectors s...

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Last updated on: 15th November 2024