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Ratings agency Moody has predicted that India’s economy will grow at a strong 6.5% through 2026 and 2027. (AI image) India will continue to be the world’s fastest growing major economy in the coming years, despite its exports taking a hit after Donald Trump administration’s 50% tariffs, according to the latest global economic outlook report…
After more than two centuries of jingling in pockets and cash drawers, the American penny has reached the end of its life. The final batch of one-cent coins was pressed this week at the US Mint in Philadelphia, an event overseen by US Treasurer Brandon Beach.Earlier in February, US President Donald Trump announced that he…
US President Donald Trump has revived one of his most unusual economic ideas, sending rebate cheques to Americans funded by the tariffs his administration has imposed. The announcement comes amid growing concerns about affordability across the United States.“People that are against Tariffs are FOOLS!” Trump wrote on Truth Social on Sunday. “A dividend of at…
Asian markets traded mostly in red on Thursday as excitement over the end of the United States’ record government shutdown quickly lost steam. With the focus shifting back to the Federal Reserve’s next interest rate decision and mounting fears of a technology sector bubble, investors showed little appetite for risk.Nikkei jumped 88 points or 0.17%…
The United States has imposed sanctions on an Indian company among 32 individuals and entities accused of helping Iran’s missile and drone development networks.The US department of the treasury’s office of foreign assets control (OFAC) listed Farmlane Private Limited as part of a network operating across Iran, the United Arab Emirates, Turkey, China, Hong Kong,…
Market analysts anticipate the positive trend to continue, backed by ongoing company results, positive developments in India-US trade negotiations. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Thursday. While Nifty50 was near 25,850, BSE Sensex was above 84,400. At 9:17 AM, Nifty50 was trading…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Bajaj Auto, Minda Corporation, and Union Bank of India. Here’s his view on Nifty, Bank Nifty and the top stock picks for November…
MUMBAI: Even as major banks are revising upward their projections for corporate credit growth, rating agency Icra has said that corporate lending is yet to see a meaningful revival. “Corporate credit is very difficult to call out, whether it will go up or not. There appears to be some uptake in the second quarter. Whether…
MUMBAI: Exit polls in Bihar that indicated a continuation of the NDA govt in the state, and positive news on the ongoing US-India trade negotiations lifted investor sentiment on Dalal Street on Wednesday. As a result, sensex closed 595 points (0.7%) up at 84,467 points while nifty on NSE closed 181 points (0.7%) higher at…
MUMBAI: A high-powered committee set up by the markets regulator Sebi to look into the conflict of interest issues of its top officials, including the chairman, came out with a report suggesting stricter rules. The report said that, among others, all the top officials should be identified as insiders, should periodically disclose their assets and…
