Sensex, Nifty 50 Crash Today: Indian shares declined, tracking global peers. IT stocks led the losses amid US policy uncertainties. Adani Group stocks rebounded after recent declines. US inflation data raised concerns about interest rate cuts. Experts predict continued market…
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In July this year, Icra had forecast a year-on-year volume growth of 7-8 per cent, expecting a better pick-up in demand in the second half.
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The number of Americans filing new applications for unemployment benefits fell again last week, but many laid-off workers are experiencing long bouts of joblessness, keeping the door open to another interest rate cut from the Federal Reserve in December.
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India’s fiscal deficit is projected at 4.75% of GDP in 2024-25, 19 basis points lower than budgeted, due to fiscal discipline and slower economic activity. The government remains on track to achieve the 4.5% target in 2025-26. Higher tax revenues…
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Jet Airways is officially entering liquidation after a five-and-a-half-year struggle to resolve its ₹7,800 crore debt. The Supreme Court overturned the NCLAT’s approval of a takeover bid, leading the NCLT to appoint Satish Kumar Gupta as liquidator. The consortium, unable…
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India’s finance ministry is considering scrapping the windfall tax on domestic crude oil output, according to Tarun Kapoor, an adviser to the Indian prime minister.
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