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Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes ...Read More >
New Delhi: Industrial output growth slowed to a nine-month low in May as electricity and mining sectors contracted sharply and the key manufacturing sector remained sluggish. This points to some pain for the vital sector against the backdrop of global uncertainties.Data released by the National Statistics Office (NSO) on Monday showed the index of industrial production (IIP) rose by 1.2% in May lower than the 2.6% in April and below the 6.3% recorded in May last year. The early onset of the mons ...Read More >
Gold Rate in India Today: The price of gold in India continued its downward trajectory and brought cheers among gold jewellery buyers. Falling gold rate in India today is a reflection of consolidating international prices of the bullion amid easing geopolitical tensions and improving trade prospects. Gold Rate in India today has plunged to its 10-day low mark of Rs 97,420 per 10 gram amid easing tensions between Israel and Iran. The precious metal prices jumped phenomenally over the past few da ...Read More >
Mumbai, June 27, 2025 -- Indian equity benchmarks, Sensex and Nifty 50, are poised for a strong start on Friday, riding the wave of global optimism and supportive domestic sentiment. Gift Nifty was trading around 25,715, nearly 100 points above Nifty futures' previous close, signaling a positive bias at the opening bell. The Nifty 50 had closed Thursday at a 9-month high of 25,549, while the Sensex rallied 1,000 points to end at 83,755. With the Israel-Iran ceasefire holding, investor sentiment ...Read More >
New Delhi: Ratings agency ICRA on Thursday lowered domestic passenger vehicles wholesale volume growth forecast to 1-4 per cent for FY26, citing concerns over high inventory levels and shortage of critical components such as rare earth magnets for especially for electric vehicles. ICRA had earlier pegged the passenger vehicles (PV) wholesale volume growth for FY26 at 4-7 per cent over FY25. The downward revision is "led by concerns regarding high inventory levels and supply shortage of critica ...Read More >
NEW DELHI: In a dramatic turn of events, Canadian PM Mark Carney called PM Modi and invited him for the G7 summit that begins eight days from now at Kananaskis in Alberta. Modi accepted the invitation and said he was looking forward to meeting him at the summit.The announcement by Modi on X followed almost a week of suspense over his participation because of a lack of invitation, drawing barbs from the opposition about his possible exclusion from the summit. India is not a member of G7 but Modi ...Read More >
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New Delhi: Just a day after X (formerly Twitter) lit up with signs of a possible ceasefire between the two alpha billionaires of American influence, US President Donald Trump has poured cold water over any reconciliation talk. Asked by ABC News if he would speak to Musk after their very public clash, he scoffed, "You mean the man who has lost his mind? I am not particularly interested in talking to him." Classic Trump, doubling down even when the temperature seems to be cooling. There is an o ...Read More >
CHENNAI: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, concludes its three-day meeting today (June 6, 2025). Amid escalating global trade tensions stemming from new US tariffs imposed by President Donald Trump, expectations are mounting for an aggressive monetary easing by the RBI. Markets and analysts widely anticipate a 25 basis points (bps) cut, with some forecasting a jumbo 50 bps reduction to sustain domestic growth momentum and offset e ...Read More >
Chennai: Silver on Thursday hit an all-time high in the Multi Commodity Exchange (MCX) at Rs 1,05,484 per kilogram and made a 12-year international peak near $36.15 per ounce due to weak US economic indicators, rising geopolitical tensions, a softening dollar, and robust industrial demand. MCX silver had touched Rs 1,02,000 in March this year and in the international market silver saw these levels in October 2012. Weak US economic data and ISM Services PMI contraction sparked concerns of a slo ...Read More >
New Delhi [India], December 15 (ANI): CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year. For the next financial year, 2025-26, it pegged India's GDP growth at 6.7 per cent, in a webinar held on Economic and Sector Outlook for 2025. Despite global uncertainties, CareEdge Ratings asserted that India will continue to hold steady in 2025. The R ...Read More >
India's Index of Industrial Production (IIP) witnessed a significant slowdown in October 2024, registering a mere 3.5% year-on-year growth. This decline is primarily attributed to weak performance across key sectors like mining, power, and manufacturing. Compared to the robust 11.9% growth in October 2023, the latest figures highlight a concerning trend. New Delhi: India's industrial production (IIP) growth slowed to 3.5 per cent year-on-year in October 2024, mainly due to poor performance of m ...Read More >
New Delhi, Dec 12 (PTI) India's industrial production (IIP) growth slowed to 3.5 per cent year-on-year in October 2024, mainly due to poor performance of mining, power and manufacturing, as per official data released on Thursday. The IIP recorded a growth of 11.9 per cent in October 2023, according to a statement by the Ministry of Statistics & Programme Implementation. However, on a sequential basis, the factory output in October 2024 rose to 3.5 per cent from 3.1 per cent in September and a ...Read More >
New Delhi [India], December 6 (ANI): The Reserve Bank of India (RBI) kept its key interest rates unchanged on Friday but cut the cash reserve ratio by 50 basis points to bring enough liquidity in the banking system. The Monetary Policy Committee decided to keep the reo rate unchanged at 6.5 per cent and Cut CRR by 50 basis points to 4 per cent to infuse liquidity in the banking system and lower interest rates. Eminent economists, reacting to the RBI's says that the apex bank has opted for a du ...Read More >
India's manufacturing sector growth fell to a joint 11-month low, restricted by competitive conditions and inflationary pressures India's manufacturing sector growth fell to a joint 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in October to 56.5 in November, signalling a s ...Read More >
Ulan Bator: Mongolia's economy is projected to grow by 5.3 per cent in 2024 and 6.5 per cent in 2025, driven by robust mining production and domestic demand, according to the World Bank's latest semi-annual Mongolia Economic Update on Friday. Economic growth in Mongolia remained steady at 5.7 per cent year-on-year during the first half of 2024, with high-frequency data indicating continued momentum into the third quarter, Xinhua news agency reported. The World Bank attributed this solid perfor ...Read More >
Alber doubled Williams-Sonoma's business since 2010 and widened the margin; growth is expected to continue and support a healthy capital return. There are many reasons to own a stock, and the CEO is one of them. The right CEO can be the defining factor in a company's success, shaping operations, driving growth, and delivering substantial shareholder returns. Strong leadership often signals not just steady performance but transformative potential. Brian Niccol and Laura Alber are prime examples ...Read More >
Hit by economic slowdown and poor infrastructure, industrialists from Jharkhand's key industrial districts -- East Singhbhum, West Singhbhum, and Seraikela-Kharsawan -- are looking to the newly formed state government for revival and support. The industrial zones of Adityapur, Gamharia, Kandra, and Chandil have been grappling with inadequate infrastructure, including poorly maintained roads, lack of bridges, erratic water supply, and unreliable power. Entrepreneurs in these regions hope the new ...Read More >
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