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New Delhi, July 19 (SocialNews.XYZ) Domestic equity markets continued their protracted correction for the third consecutive week and ended below the psychological level of 25,000, weighed down by the broadly tepid start of Q1FY26 earnings, particularly from the IT and financial sectors, analysts said on Saturday. The IT sector remained under strain due to muted performance and cautious outlooks amid global demand uncertainty, while financials are also expected to report subdued results due to e ...Read More >
New Delhi [India], July 19 (ANI): Despite witnessing a slight drop of 1.4 per cent in business investment confidence, India maintained the highest year-on-year confidence growth among 32 economies surveyed in Q3 2025, with a robust 12.6 per cent rise, according to the D&B Global Business Investment Confidence Index of Dun & Bradstreet (D&B), a data and analytics firm. According to the report, the Global Business Investment Confidence Index fell 13.1 per cent quarter-on-quarter (q/q) for Q3 2025 ...Read More >
Mathura, July 19 (UNI) Six people died and two others are in critical condition after a car overturned when it was hit by an unknown vehicle on the Yamuna Expressway in Mathura. The car occupants were going from Delhi to Agra. The accident happened in the Baldev police station area early Saturday morning, police said. After the accident, passersby informed the police. As soon as the information was received, the police reached the spot, rescued the occupants from the car, and sent them to the ...Read More >
New Delhi: India remains one of the most compelling strategic locations within emerging markets, thanks to its economic resilience, reform momentum and robust domestic demand, private equity firm KKR said on Thursday. Despite a turbulent global environment, India's relative insulation from trade frictions, owing to its domestic consumer-driven economy and services-led exports, has kept its macroeconomic fundamentals strong, KKR said in its report titled Insights: Global Macro Trends July 2025 - ...Read More >
Economy 2 min read India to become a global employment epicenter amid shift in global labour market: Crisil India to become a global employment epicenter as the global labour market is undergoing rapid transformation, with rising demand of skilled workers across economies as ageing population in many countries and businesses are adopting digitisation, according to a report by Crisil Intelligence. New Delhi [India], July 15 (ANI): India to become a global employment epicenter as the global labou ...Read More >
MUMBAI, July 15 (Reuters) - Citibank India expects a strong year for its equity capital market business as initial public offerings (IPOs) pick up after a slow start in 2025, the Wall Street bank's India country head said. "Capital raising on the equity capital market side remains a big opportunity with a very strong pipeline and quite a few billion-dollar IPOs in that," K Balasubramanian, who leads the business in the Indian subcontinent, said in an interview in Mumbai late on Monday. Citiban ...Read More >
Beijing/New Delhi: India and China should build on 'good progress' in normalising the bilateral ties to address border-related issues, including de-escalation, and it is essential to avoid 'restrictive trade measures and roadblocks', External Affairs Minister S Jaishankar said Monday during talks with his Chinese counterpart Wang Yi. In his opening remarks at the meeting, Jaishankar said the bilateral relations can develop in a "positive trajectory" on the foundation that differences should not ...Read More >
NEW DELHI: Recent reductions in income tax burdens, benign inflation, lower interest rates and a favourable outlook for agricultural production are expected to support rural incomes and bolster overall consumption in India, according to a new report. Given that private final consumption expenditure constitutes nearly 60 per cent of India's GDP, it has a strong bearing on India's overall growth outlook. A sustained recovery in consumption is also vital for a meaningful pick-up in private sector ...Read More >
New Delhi: A recent report says that lower income taxes, easing inflation, falling interest rates, and a good outlook for farm output are likely to boost rural incomes in India. This could lead to higher spending across the country. Since household consumption makes up nearly 60 per cent of India's GDP, any rise in rural demand can have a big impact on the nation's overall economic growth. A steady rise in consumption is crucial for a strong rebound in private sector investment. "We expect priv ...Read More >
New Delhi [India], July 11 (ANI): The Indian telecom sector appears to be entering a phase of stagnation, with global investment bank UBS issuing a cautious outlook ahead, going into the sector Q1FY26 results. According to UBS, the telecom sector is described as lacking near-term catalysts and being priced for perfection, with growth expectations potentially outpacing actual market dynamics. UBS further notes that while a 10-12 per cent tariff hike is expected later in FY26, the probability of ...Read More >
New Delhi, Jul 11 (PTI) Shares of Glenmark Pharmaceuticals Ltd on Friday jumped 10 per cent after the firm said it has signed a deal with AbbVie to commmercialise its underdevelopment drug aimed to treat cancer and autoimmune diseases in an up to USD 2 billion deal, one of the largest transactions in the pharma sector. The stock surged 9.99 per cent to hit its 52-week high as well as the upper circuit limit of Rs 2,095.65 on the BSE. At the NSE, the stock zoomed 10 per cent to Rs 2,094.40 -- i ...Read More >
New Delhi, Jul 10 (PTI) Glenmark Pharmaceuticals Ltd on Thursday said its arm Ichnos Glenmark Innovation, Inc has signed a licensing agreement with AbbVie for commercialisation of its lead investigational asset 'ISB 2001' targeted for treatment of cancer and autoimmune diseases. ISB 2001 has been developed using Ichnos Glenmark Innovation's (IGI) proprietary 'BEAT protein platform' for oncology and autoimmune diseases, Glenmark Pharmaceuticals said in a regulatory filing. Also Read | Bodoland ...Read More >
New Delhi, Jul 10 (PTI) Glenmark Pharmaceuticals Ltd on Thursday said its arm Ichnos Glenmark Innovation, Inc has signed a licensing agreement with AbbVie for commercialisation of its lead investigational asset 'ISB 2001' targeted for treatment of cancer and autoimmune diseases. ISB 2001 has been developed using Ichnos Glenmark Innovation's (IGI) proprietary 'BEAT protein platform' for oncology and autoimmune diseases, Glenmark Pharmaceuticals said in a regulatory filing. Under the agreement, ...Read More >
New Delhi, Jul 9: Prime Minister Narendra Modi was conferred with Brazil's highest national award, The Grand Collar of the National Order of the Southern Cross, by Brazilian President Luiz Inácio Lula da Silva. The prestigious honour, reserved for heads of state and government, marks a deepening of the nearly eight-decade-old friendship between the two major democracies. Accepting the award during his state visit to Brazil, Prime Minister Modi expressed deep gratitude to the Brazilian President ...Read More >
CHENNAI: India emerged as a key architect of the BRICS agenda -- driving local-currency trade, global governance reform, green investments, and digital regulation. These developments offer strong tailwinds for sectors spanning finance, infrastructure, technology, agriculture, and clean energy. With India set to assume BRICS Chairmanship in 2026, its businesses are well-positioned to capitalise on newfound opportunities. Following are some of the highlights from the Summit as far as such opportu ...Read More >
New Delhi [India], July 7 (ANI): India is expected to see strong demand for office spaces in 2025, with Global Capacity Centres (GCCs) projected to absorb 35-40 per cent of the total office space during the year, according to a recent report by CBRE. The report highlighted that India is steadily strengthening its role as a global hub for GCCs. International companies are increasingly turning to India to set up advanced, multi-functional centres due to the country's vast talent pool and cost adv ...Read More >
HYDERABAD: Deputy chief minister Bhatti Vikramarka on Sunday stated that the Congress govt will be spending 22,500 crore on the implementation of the Indiramma housing scheme, under which 4.5 lakh houses are being constructed for the poor in Telangana. Construction is already underway for 1.1 lakh Indiramma houses, with work on the remaining units set to begin soon.The govt has sanctioned 4.5 lakh housing units in the first phase of the scheme. The govt is extending 5 lakh financial assistance t ...Read More >
New Delhi [India], July 7 (ANI): India is expected to see strong demand for office spaces in 2025, with Global Capacity Centres (GCCs) projected to absorb 35-40 per cent of the total office space during the year, according to a recent report by CBRE. The report highlighted that India is steadily strengthening its role as a global hub for GCCs. International companies are increasingly turning to India to set up advanced, multi-functional centres due to the country's vast talent pool and cost adv ...Read More >
New Delhi, Jul 5 (PTI) Finance Minister Nirmala Sitharaman has called for a renewed mandate for the New Development Bank (NDB), emphasising the need for greater agility, technological advancement, and efficiency in today's fast-changing world. Observing that NDB has played an important role in reshaping the financial landscape for the global South, she said it has approved more than 100 projects and it has approved more than USD 35 billion in financing across member countries, including key Ind ...Read More >
Saturday, 5 July 2025 () Prime Minister Modi's visit to Brazil for the Brics Summit underscores India's commitment to deeper economic integration within the bloc. Business leaders are advocating for the removal of trade barriers and the promotion of local currency trade. India's digital transformation is being showcased as a model for other emerging economies, with calls for sharing successful digital platforms across Brics nations. ...Read More >
New Delhi [India], July 5 (ANI): Onkar Kanwar, Chairman of the BRICS Business Council (BBC), emphasised that the major objective of the BRICS partnership is to strengthen multilateralism, eliminate trade barriers, and foster seamless business exchange among member countries. His remarks came on the sidelines of Prime Minister Narendra Modi's visit to Brazil for the BRICS Summit, where economic cooperation and inclusive growth were key themes. Speaking to ANI on the sidelines of Prime Minister ...Read More >
New Delhi, Jul 4 (PTI) Finance Minister Nirmala Sitharaman on Friday said in today's fast changing world, the mandate for New Development Bank (NDB) must be renewed with focus on greater agility, technological advancement and efficiency. Observing that NDB has played an important role in reshaping the financial landscape for the global South, she said, it has approved more than 100 projects, and it has approved more than USD 35 billion in financing across member countries, including key Indian ...Read More >
New Delhi: Finance minister Nirmala Sitharaman on Friday flagged persistent asymmetry in global financial flows as a major impediment to sustainable development in the Global South, warning that it continues to stifle long-term investments in clean energy, urban mobility, and climate-resilient infrastructure. Speaking at the New Development Bank's (NDB) Governors Seminar in Rio de Janeiro, Brazil, Sitharaman urged a fundamental rethink of the global financial architecture to better align with t ...Read More >
New Delhi [India], July 4 (ANI): Keeping the intraday gains intact, Indian stock indices settled in the green on Friday, despite continued foreign portfolio investor (FPI) outflows. This marks the first jump in the domestic indices after multiple sessions of losses. The Sensex closed at 83,432.89 points, up 193.42 points or 0.23 per cent. The Nifty closed at 25,461.00 points, up 55.70 points or 0.22 per cent. Sensex and Nifty on a cumulative basis declined 0.4-0.7 per cent during this week. A ...Read More >
New Delhi [India], July 4 (ANI): Keeping the intraday gains intact, Indian stock indices settled in the green on Friday, despite continued foreign portfolio investor (FPI) outflows. This marks the first jump in the domestic indices after multiple sessions of losses. The Sensex closed at 83,432.89 points, up 193.42 points or 0.23 per cent. The Nifty closed at 25,461.00 points, up 55.70 points or 0.22 per cent. Sensex and Nifty on a cumulative basis declined 0.4-0.7 per cent during this week. A ...Read More >
Nagpur: Congress Legislature Party leader Vijay Wadettiwar questioned the govt's priorities on Tuesday, highlighting the increasing number of farmer suicides in Maharashtra. He accused the govt of neglecting agrarian crisis while approving Rs20,000 crore for Shaktipeeth highway project."Money is available for massive infrastructure projects, but where is the budget for farm loan waivers as promised by the BJP before last year's assembly polls to the farmers?" Wadettiwar asked while moving an adj ...Read More >
New Delhi, Jul 2: Prime Minister Narendra Modi arrived today in Accra on his State Visit to Ghana. In a special gesture, on arrival at the airport, Prime Minister was received by the President of Ghana, H.E. John Dramani Mahama and accorded a ceremonial welcome. This gesture is reflective of the strong and historic bonds of friendship between the two nations. Prime Minister Narendra Modi departed Wednesday, on an eight-day, five-nation visit aimed at reinforcing India's strategic partnerships a ...Read More >
New Delhi: Prime Minister Narendra Modi on Wednesday held talks with Ghanaian President John Dramani Mahama to explore avenues for strengthening economic, energy, and defence cooperation, as well as broader development partnerships. This marks the first Indian prime ministerial visit to Ghana in nearly three decades. Upon arrival in Accra, Modi received a ceremonial welcome, including a Guard of Honour and a 21-gun salute, from President Mahama, and was warmly greeted by a large gathering of the ...Read More >
New Delhi [India], July 2 (ANI): India stock benchmarks continued to remain in the red after the latest rally, in what analysts attribute it as profit booking by investors. Besides, analysts opine uncertainties around extension in Trump reciprocal tariffs beyond July 9, and a India-US bilateral trade agreement weighed on the Indian stock indices this week. Today, the benchmark indices witnessed profit booking at higher levels, said Shrikant Chouhan, Head Equity Research, Kotak Securities The ...Read More >
New Delhi [India], July 2 (ANI): India stock benchmarks continued to remain in the red after the latest rally, in what analysts attribute it as profit booking by investors. Besides, analysts opine uncertainties around extension in Trump reciprocal tariffs beyond July 9, and a India-US bilateral trade agreement weighed on the Indian stock indices this week. Today, the benchmark indices witnessed profit booking at higher levels, said Shrikant Chouhan, Head Equity Research, Kotak Securities The ...Read More >
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