Bank frauds in India have jumped threefold last year, with loans contributing to the bulk of such cases, while discrepancies in digital payments had declined. The amount of frauds climbed to Rs 36,000 crore ($4.2 […]
A rise in input cost pressures in manufacturing, global protectionism in trade policies, geopolitical tensions and subdued demand pose risks to India’s economic growth, the Reserve Bank of India (RBI) said in a report Thursday. […]
Apple Inc. is planning the most sweeping change yet to its operating system names, part of a software overhaul that extends to all its devices. The next Apple operating systems will be identified by year, […]
India and the United States are poised to sign the first tranche of the much-anticipated Bilateral Trade Agreement (BTA) before July, according to sources who spoke to ANI. Commerce and Industry Minister Piyush Goyal is […]
Global rating agency Fitch Ratings has raised India’s medium-term growth potential by 0.2 percentage points to 6.4 per cent, while it has reduced China’s growth projection by 0.3 per cent to 4.3 per cent from […]
India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody’s Ratings said on May 21. The […]
Four Indian entities committed foreign direct investments (FDI) worth nearly USD 6 million in Azerbaijan and Turkiye, accounting for a small part of the total USD 6.8 billion overseas investments proposed by Indian companies in […]
Equity benchmark indices Sensex and Nifty ended higher on Wednesday, April 15, as retail inflation eased to a nearly six-year low of 3.16 per cent in April, creating enough room for the RBI to go […]
In a strong signal of rising investment in India’s private sector, manufacturing and finance companies received approval to raise a record $11 billion through external commercial borrowings (ECBs) in March 2025. This marks the highest […]
Moody’s Ratings has cut India’s GDP growth projections for 2025 to 6.3 per cent, from 6.5 per cent, saying economies globally will see a slowdown on account of heightened US policy uncertainty and trade restrictions. […]
Equity benchmark indices Sensex and Nifty faced heavy volatility trade after India launched missile strikes on terrorist hideouts in Pakistan and Pakistan-Occupied Kashmir. The Sensex hit the day’s high of 80,844.63 and an intra-day low […]
India and the United Kingdom have concluded an “ambitious and mutually beneficial” free trade agreement (FTA) that will deepen the bilateral comprehensive strategic partnership and catalyse trade and investment, Prime Minister Narendra Modi said after […]
Apple reported better-than-expected first-quarter profits but cautioned investors about the growing impact of US tariffs on its operations. CEO Tim Cook announced that tariffs could cost the company approximately $900 million in the current quarter. […]
India’s exports of goods and services hit an all-time high of USD 825 billion in 2024-25, driven by a record surge in the shipments of services that reached USD 386.5 billion in the last fiscal […]
The Indian rupee surged to its strongest level this year on Friday, breaching the 84-per-dollar mark for the first time since October 2024. The currency rose as much as 0.7% to hit 83.83 against the […]
Equity benchmark indices Sensex and Nifty ended lower on April 24 amid profit-taking after a seven-day rally and disappointing earnings from Hindustan Unilever. Selling in blue-chips ICICI Bank, Bharti Airtel and a largely muted trend […]
While highlighting that the world growth is projected to fall below two per cent this year, Fitch Ratings has cut India’s gross domestic product (GDP) growth estimate by 10 basis points (bps) to 6.4 per […]
Union Finance Minister Nirmala Sitharaman on Thursday, April 17, said India will focus on policy agility and long-term vision to navigate the global challenges amid ongoing trade recalibrations worldwide. The intensification of tariff wars and […]
US President Donald Trump on April 16 ratcheted up his tariff offensive up to 245% on China. He also declared it’s up to China to return to the negotiating table after Beijing backed out of […]
The Reserve Bank on Wednesday cut India’s growth forecast to 6.5 percent from 6.7 percent estimated earlier for the current financial year on account of impact of global trade and policy uncertainties. Prospects of agriculture […]
US President Donald Trump’s sweeping “reciprocal” tariffs—most notably a stunning 104% levy on Chinese imports—came into force on Wednesday, starting a global trade war, shaking markets, triggering alarm from economists, and creating fissures within the […]
Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates on Wednesday for a second consecutive time and signalled more easing to come as it […]
Tesla’s quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk’s politics, rising global competition and people waiting for a refresh to its highest-selling electric vehicle […]
India’s export sectors such as shrimp, carpet, medical devices and gold jewellery will face the impact of the 27 per cent additional import duties announced by the US on April 2, an official said. However, […]
The soaring price of gold, which has reached record highs in recent months, has been a boon for investors but a burden for consumers purchasing jewellery. However, market analysts suggest a significant downturn could be […]
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