Despite being the fastest-growing economy in the ongoing financial year, India’s economy faces considerable risks this year and will slow down considerably, according to economists polled by news agency Reuters. Top global institutions have forecast India to be the fastest-growing economy in FY24, as the country…
Bharatiya Janata Party’s Rajya Sabha MP Subramaniam Swamy on Thursday came down heavily on the Modi government, stating that it had failed in nearly every aspect of governance. His statement came just a day after he met West Bengal CM and Trinamool Congress supremo Mamata Banerjee. He said that the Modi government…
Indian shares posted their second weekly loss on Friday, struggling to break past recent peaks as investors assessed a host of developments, including a cabinet reshuffle and results from software services giant Tata Consultancy Services. Weighed down by heavyweight financial stocks, the blue-chip NSE Nifty 50 index…
The domestic stock markets are likely to start the last trading day of the week on a muted note, post the rally witnessed in the previous session. Trends on SGX Nifty indicate a flat opening for the index in India, with a 10-point gain. At 7:30 am, the Nifty futures were trading around 15,847, higher by 10 points, on…
Prime Minister Narendra Modi on Tuesday said the economic response to the COVID-19 pandemic was formulated to ensure that solutions do not follow a ‘one size fits all’ model.He asserted that “reforms by conviction and incentives” were undertaken on the back of “Centre-state bhagidari…
The Indian market is likely to open higher on Wednesday following a mixed trend in Asian peers. At 7:10 am, the SGX Nifty was trading 49.00 points or 0.31 percent higher at 15,819.00, indicating a positive start for the Sensex and Nifty50. HDFC Bank | The bank, along with its subsidiary HDFC Securities, will pick up a…
The Indian market is likely to open higher on Wednesday following a mixed trend in Asian peers. At 8:02 am, the SGX Nifty was trading 124 points or 0.79 percent higher at 15,881, indicating a positive start for the Sensex and Nifty50. 1. Wall Street: Stocks finished higher on Wall Street Tuesday, nudging the S&P…
India received $64 billion in Foreign Direct Investment in 2020, the fifth largest recipient of inflows in the world, according to a UN report which said the COVID-19 second wave in the country weighs heavily on the country’s overall economic activities but its strong fundamentals provide “optimism”…
The Indian market is expected to open lower on Monday following losses in global peers. The trend on SGX Nifty also suggests a negative start for the broader index in India. The Nifty futures were trading 164.50 points or 1.04 percent lower at the 15,585.50 level on the Singaporean Exchange at 7:10 am. Telecom…
All three main indices on Wall Street dropped Friday with investors wary of a more hawkish stance from the US Federal Reserve, while the dollar posted the strongest gains in over a year and oil prices continued a steady climb. After starting the week near record highs, US stocks have steadily dropped since Fed…