Feedback | Monday, November 18, 2024

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Business & Economy

November 18, 2024 4:44 PM

Sensex, Nifty indices extend losses for seventh straight session

Benchmark stock indices slumped on Monday, extending losses for seventh straight session and touching a new multi-month low. The Sensex dropped 241.30 points (0.31%) to close at 77,339.01, while the Nifty declined 78.90 points (0.34%) to settle at 23,453.80. Among sectoral indices, Nifty IT, media...

November 18, 2024 4:39 PM

India rated fastest growing G20 economy with GDP growth projected at 7% for 2024

India is projected to be the fastest growing economy among the G20 countries with a 7% GDP growth rate for 2024, followed by Indonesia in the second spot with 5% while China is ranked third with an economic growth rate of 4.8%. "India takes the lead in the G20 with an impressive 7% GDP growth rate ...

November 18, 2024 11:02 AM

Sensex, Nifty fall as IT, bank shares drag markets

India’s benchmark indices fell on Monday, dragged down by selling across the IT, PSU banks, and pharmaceutical sectors. The Sensex slipped 333.13 points, or 0.43%, to 77,247.18, while the Nifty declined 98.70 points, or 0.42%, to 23,434.00 by 9:51 AM. Market breadth was negative, with 1,794 stock...

November 17, 2024 12:54 PM

Samsung top pick for retail investors after US election

Retail investors scooped up 2.33 trillion won ($1.67 billion) worth of Samsung Electronics stocks since the U.S. presidential election, the country's main bourse said on Sunday. Individuals purchased the chipmaker on bargain hunting for eight trading sessions through November 15 despite massive sel...

November 16, 2024 12:48 PM

Bengaluru Tech Summit 2024 to host 2,500+ startup attendees

The 27th edition of the Bengaluru Tech Summit (BTS) 2024, organized by Karnataka's Electronics, IT, and Biotechnology Department, is set to take place from November 19-21 at Bengaluru Palace. BTS 2024 will host over 2,500 startup attendees, according to an official statement from the Karnataka IT a...

November 15, 2024 10:41 AM

India’s GDP to grow 6.5-7 pc through FY27 over infra, consumption push: Report

India’s GDP will expand 6.5-7 per cent annually in the next three fiscal years (2025-2027), and the country’s good economic growth prospects will continue to support banks' asset quality, according to a new report. India's infrastructure spending and private consumption will support robust econ...

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