Economy

Mumbai:  Indian stock markets opened on a positive note on Wednesday, taking cues from the upbeat global sentiment. The Sensex climbed 243 points, or 0.30 per cent, to trade at 82,273, while the Nifty rose 79 points, or 0.31 per cent, to…
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New Delhi: NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), on Tuesday said that it has signed a Memorandum of Understanding (MoU) with NTT DATA Japan, making a…
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New Delhi: India's annual rate of inflation based on the Wholesale Price Index (WPI) eased to 0.13 per cent in September from 0.52 per cent in August , according to figures released by the Ministry of Commerce and Industry on Tuesday.…
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New Delhi:  The wait-and-watch policy of the RBI on the monetary policy is prudent, a report said on Tuesday, adding that the bank's dovish tone suggests further easing, but a December rate cut is not "a done deal". While any further…
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Mumbai: The Reserve Bank of India (RBI) may cut policy rates by 25 basis points in December, bringing the repo rate down to 5.25 per cent, if the 50 per cent import tariff remains in place until the end of the year, a new report said on…
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New Delhi: India’s inflationary print is likely to come around 0.45 per cent next month and that makes a strong case for decisive actions, according to a new State Bank of India (SBI) report, which stated that being the collective voice of…
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Mumbai: Gold’s dream run continues in 2025, with experts predicting that prices could climb as high as Rs 1.3 lakh per 10 grams this Dhanteras and even reach Rs 1.5 lakh by early 2026. The surge is being driven by global economic…
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New Delhi: India’s booming primary market continues to attract global attention, with Citigroup Inc. predicting that Indian initial public offerings (IPOs) could raise as much as $20 billion over the next 12 months. The projection comes…
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Mumbai: The Reserve Bank of India (RBI) on Thursday announced the appointment of Sanjay Kumar Hansda as Executive Director (ED), effective March 3, 2025. Hansda recently returned to the central bank on October 6, after completing his…
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New Delhi:  Gold prices reached a historic milestone on Wednesday, crossing the $4,000 per ounce mark in international markets for the first time ever. The precious metal touched a record high of $4,002.53 in spot trading, while December…
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