ठळक बातम्या
India’s forex reserves rebounded by $1.51 billion to $658.09 billion after an eight-month decline. The Reserve Bank of India’s intervention aimed to stabilize the rupee and mitigate global economic shocks. … Read More
Taiwan’s stock market surges amidst the global AI boom, outpacing South Korea’s struggling market. Taiwan’s dominance in the semiconductor industry, particularly TSMC’s success, fuels this growth. Meanwhile, South Korea grapples … Read More
A research paper revealed UPI’s transformative impact on India’s financial landscape. Since its 2016 launch, UPI has facilitated seamless digital transactions for millions, becoming the dominant retail payment method. This … Read More
Mahindra & Mahindra is renaming its electric SUV “BE6e” after IndiGo airlines’ parent company, Interglobe, objected to the use of “6E.” Mahindra plans to contest Interglobe’s objections in court, seeking … Read More
India’s IPO market is booming in 2024, with a record Rs 1.4 trillion raised by 298 companies as of December 3rd. This represents a 140% increase in funds raised compared … Read More
Foreign investors poured Rs 24,454 crore into Indian equities in early December, reversing the massive outflows of the previous two months. Improving global conditions and possible US Fed rate cuts, … Read More
Finance Minister Nirmala Sitharaman asserted that the slower second-quarter growth doesn’t signal a systemic slowdown, attributing it to reduced public spending during the election season. She anticipates a rebound in … Read More
The Reserve Bank of India (RBI) maintained its policy rate at 6.5% but lowered the economic growth forecast for 2024-25 to 6.6% from 7.2%. A CRR cut to 4% will … Read More
India’s forex reserves rebounded by $1.51 billion to $658.09 billion in the week ending November 29, snapping an eight-week decline. This rise, the first in nine weeks, comes after reserves … Read More