New Delhi, January 9: India's economy is navigating a phase of subdued demand as growth in key sectors slows down. Multiple dynamics impact exports, consumption cycles, and income growth, pointing to a challenging outlook for FY26 says a report by Nuvama
Kyiv, Jan 8: The eurozone's annual inflation rate for December of last year stood at 2.4 per cent, up from November's 2.2 per cent, according to a flash estimate released by Eurostat.
New Delhi, January 8: Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise significantly in FY25, according to a report by the State Bank of India (SBI).
New Delhi, January 7: The Indian rupee opened strong on Tuesday morning as compared to the all-time low it tasted during the previous session. At the time of filing this report, the rupee traded at 85.75 against the US dollar, vis-a-vis an all-time low of 85.84.
New Delhi, January 6: Global central banks remained active in the gold market in November 2024, collectively adding 53 tonnes of the precious metal to their reserves, according to the World Gold Council.
New Delhi, January 5: Businesses in India's household durables segment are expected to see some moderation in revenue growth in the just-concluded October-December quarter, asserted HSBC Global Research in a thematic report ahead of the impending earning updates.
New Delhi, January 5: As part of their efforts to navigate through the troubled waters against the backdrop of sluggish consumption demand in the overall economy, businesses in the Fast-Moving Consumer Goods (FMCG) and retail space are preparing strategies for the upcoming quarter of financial year 2025.
New Delhi, January 4: Foreign Portfolio Investors (FPIs) have started 2025 on a cautious note in Indian equities, with a net selling of Rs 4,285 crore in just the first three trading sessions of the year, according to data from the National Securities Depository Limited (NSDL).
Washington DC, January 3: China has been increasingly being viewed with scepticism by American businesses, with many scaling back their operations or shifting investments elsewhere, as reported by the Wall Street Journal.