February 28, 2025 8:07 PM

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Sensex-Nifty Suffer Significant Losses as Markets Face Sharp Correction

The benchmark domestic equity indices witnessed a significant downturn today, with both the Sensex and Nifty ending in negative territory. The Sensex plunged by 1,414.33 points, or 1.90 percent, to settle at 73,198.10. The Nifty tumbled 420.35 points, or 1.86 percent, to 22,124.70. The domestic stoc...

February 28, 2025 7:32 PM

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India-EU Agree to Finalize Free Trade Deal This Year

Prime Minister Narendra Modi and the President of the European Commission, Ursula von der Leyen, today directed their teams that the India-EU Free Trade Agreement should be concluded within the year. Briefing the media in New Delhi this afternoon, Secretary (West) Tanmaya Lal termed it an important ...

February 28, 2025 6:32 PM

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India’s Forex Reserves Hit Two-Month High of $640.48 Billion

India's foreign exchange reserves ​​grew 4.7 billion dollars to a two-month high of 640.48 billion dollars as of February 21. As per the data released by the Reserve Bank of India, this growth was mainly driven by foreign currency assets that increased by 4.2 billion dollars to 543.84 billion dollar...

February 28, 2025 6:31 PM

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18 Rescued from Burning Fishing Trawler Off Alibag Coast in Maharashtra

A total of 18 people were rescued after a fire broke out on a fishing trawler off the coast of Alibag in Maharashtra's Raigad district today. The mishap occurred early in the morning while the trawler was approximately seven nautical miles from Alibag’s Akshi coast. Police said a distress call was s...

February 28, 2025 6:27 PM

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Asian Markets decline as Trump’s Tariff Plans Rattle Investors

Key Asian markets declined today, with benchmarks in Japan, Hong Kong, and South Korea tumbling more than 2 percent as US President Donald Trump’s decision to push ahead with 25 percent tariffs on imports from Mexico and Canada and to double tariffs on Chinese products to 20% left investors reeling....

February 28, 2025 6:25 PM

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Core Sector Growth Hits 4.6% in January 2025

The combined Index of Eight Core Industries, or the core sector, grew by 4.6 percent in January 2025, compared to the same month last year. The production of cement, refinery products, coal, steel, fertilisers, and electricity recorded positive growth in January 2025. Infrastructure sector data meas...

February 28, 2025 6:22 PM

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Global Crude Oil Prices Drop Amid US Economic Slowdown & Global Growth Concerns

Global crude oil prices fell today over global economic growth, fuel demand, and signs of a US economic slowdown. The Brent crude oil prices slipped 59 cents, or 0.8%, to 72.98 dollars a barrel. US crude fell 65 cents, or 0.9%, to 69.70 dollars a barrel. Factors, including expectations of economic s...

February 28, 2025 8:49 PM

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Bangladesh: National Citizens’ Party led by Student protesters launched

In Bangladesh, the National Citizens' Party (NCP), a new political platform formed by student activists from the July-August Movement, was officially launched this evening at Manik Miah Avenue in Dhaka. Leaders from the Jatiya Nagorik Committee and Anti-Discrimination Student Movement, who played a ...