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August 31, 2024 6:00 PM
Rising for the third straight week, domestic benchmark indices ended higher on positive global sentiment following the latest Jackson Hole meeting, where the outcome suggested a potential rate cut by the Federal Reserve in the upcoming September meeting. The markets hit multiple record highs during ...
August 31, 2024 5:55 PM
U.S. markets rose as the Dow ended at an all-time closing high for the second consecutive week on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expectations that the Federal Reserve will cut interest rates next month. The Dow Jones Industrial Average rose 0.6 ...
August 30, 2024 8:28 PM
The Indian economy has clocked a GDP growth of 6.7 per cent in the first quarter of the financial year 2024-25. Figures released by the Ministry of Statistics showed that the crucial manufacturing sector that provides quality jobs to the young workforce posted a 7 per cent growth, while the construc...
August 30, 2024 5:07 PM
Five major Asian indices traded in the positive territory today. Hong Kong's Hang Seng Index soared 1.13 per cent, Singapore's Straits Times Index surged 1.12 per cent, Japan's Nikkei rose 0.74 per cent, China's Shanghai Composite Index advanced 0.67 per cent and South Korea's Kospi was up by 0.45 p...
August 30, 2024 3:37 PM
Domestic benchmark indices, Sensex and Nifty are trading positively at elevated levels after touching record highs in the intra-day trade today. At 1:30 pm, the BSE Sensex advanced 284 points or 0.35 per cent to 82,419 and the Nifty50 was also trading up at 25,239 with a rise of 87 points o...
August 29, 2024 10:30 PM
Moody's Ratings, the New-York based global rating agency has raised its real GDP growth projections for India today, indicating for a robust 7.2 percent growth in the financial year 2024, up from a previous estimate of 6.8 percent and 6.6 percent in 2025 from 6.4 percent. Report said that the...
August 31, 2024 8:40 AM
Federation of Indian Chambers of Commerce and Industry FICCI organized the first edition of the Young Leader Awards in New Delhi on Aug 29. Addressing the event, Union Youth Affairs Secretary Meeta Rajivlochan highlighted that the Ministry is working to encourage young people to engage in experi...
August 29, 2024 9:49 PM
The Reserve Bank of India (RBI) has issued a warning against fraudulent activities involving the misuse of its name. The RBI stated that fraudsters employ various tactics, including fake letterheads and email addresses, impersonating RBI employees, and luring individuals with fictitious offers such ...
August 29, 2024 10:00 PM
Fitch Ratings has reaffirmed India’s sovereign debt rating at 'BBB-' with a stable outlook. The global rating agency in its report released today has attributed to the country’s robust medium-term growth prospects and solid external finance position. On the growth front, Fitch projected...
August 29, 2024 7:04 PM
India's equity benchmark indices, Sensex and Nifty ended on a positive note in a volatile trading session amid buying across various sectors including IT, Auto and FMCG. Meanwhile, in the intra-day trade, both the indices touched a record high. At close, pack of 30 companies, the Sensex was up 349 p...
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