EconomyIndia likely to outperform global markets despite uncertainties: NSE CEO
Mumbai: India is expected to perform better than most global markets in the coming months, even amid growing international uncertainties, Ashishkumar Chauhan, CEO and MD of the National Stock Exchange (NSE), said on Tuesday. He attributed this confidence to India’s steady economic framework, strong leadership, and evolving bilateral trade dynamics. The NSE chief noted that
EconomyTariff shock indicates 25bps rate cut, RBI stance may turn ‘accommodative’: Report
New Delhi: The swift shift in global sentiment, high market volatility and fear of recession amid the US tariff shock indicate a 25bps cut by the Reserve Bank of India (RBI) on April 9, with possible change in stance to “accommodative” to give directional easing bias, a report showed on Tuesday. The Central Bank began
EconomySensex opens over 1,000 points up amid heightened global uncertainty
Mumbai: Indian frontline indices opened in the green on Tuesday as heavyweights like Titan, Tata Steel and Adani Ports lifted the market sentiment despite global uncertainty amid US tariffs. As of 9:21 am, Sensex was up 1,169 points or 1.60 per cent at 74,307 and Nifty was up 375 points or 1.69 per cent at
EconomyUS tariffs: Gold, crude oil prices tumble amid global uncertainty
New Delhi: The effect of the newly announced reciprocal tariffs by US President Donald Trump is now being felt in the global commodity markets, with sharp declines seen in the prices of key commodities like gold and crude oil. According to the Indian Bullion Jewellers Association (IBJA), the price of 24-carat gold on Monday fell
EconomyAdani’s Colombo terminal begins operations, landmark moment in India–Sri Lanka maritime ties
Ahmedabad: Adani Ports and Special Economic Zone Ltd. (APSEZ) on Monday said it has commenced operations at the Colombo West International Terminal (CWIT) in Sri Lanka, located at the Port of Colombo. The CWIT project represents a significant investment of $800 million and features a 1,400-metre quay length and 20-metre depth, enabling the terminal to
EconomyFM Sitharaman to visit UK and Austria to boost financial collaborations, bilateral ties
New Delhi: Union Finance Minister Nirmala Sitharaman will embark on an official visit to the United Kingdom and Austria from April 8-13, where she is scheduled to attend ministerial-level bilateral meetings, an official statement said on Monday. The Finance Minister would participate in the 13th Ministerial round of India-UK Economic and Financial Dialogue and engage
EconomyWhy is Indian stock market crashing?
Mumbai: The Indian stock market faced a massive sell-off on Monday, as the escalating trade war between the United States (US) and China sent shockwaves through global financial markets. The Sensex crashed by nearly 3,000 points, and the Nifty fell below the crucial 22,000 level which wiped out lakhs of crores in investor wealth. At
EconomyIndia’s car sales surge past 41.53 lakh mark during FY25
New Delhi: The number of new cars registered on the government’s VAHAN portal rose to a record 41,53,432 units during the financial year ended March 31, 2025, which represents a 4.87 per cent increase in sales over the previous financial year, according to figures compiled by the Federation of Automobile Dealers Associations (FADA). The rural
EconomyRBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report
Mumbai: As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over
EconomyIndian stock market crashes amid US reciprocal tariff fears
Mumbai: The Indian stock markets crashed on Monday morning over fears of US reciprocal tariffs set to come into force from April 9. The Nifty 50 and Sensex were trading 3.85 per cent and 4.16 per cent down, respectively, in early trade. All the sectoral indices were trading in the red with IT and metal
