Business & Economy

May 17, 2024 9:15 PM

India’s exports grow in April despite global disruptions

India's trade deficit is facing limited immediate challenges from ongoing geopolitical uncertainties, although it remains a crucial area to monitor, according to a recent Crisil report on India's trade deficit. Despite these potential disruptions, the forecast for improved trade growth this year by ...

May 17, 2024 3:26 PM

Global stocks drift, China unveils ‘historic’ steps for property

Global stocks eased on Friday after Federal Reserve officials hinted U.S. interest rates may not fall any time soon, while commodities rallied on the back of optimism over a series of measures in China to stabilise its beleaguered property sector. Data on Wednesday showed cooling US consumer price ...

May 17, 2024 2:43 PM

China unveils ‘historic’ steps to stabilise crisis-hit property sector

China on Friday announced "historic" steps to stabilise the crisis-hit property sector, allowing local governments to buy "some" apartments, relaxing mortgage rules and pledging to deliver unfinished homes. Investors hoped the measures marked the beginning of more decisive government intervention t...

September 16, 2024 6:17 PM

Nifty, Sensex dip in early trade

Indian benchmark indices started Friday's trading session on a muted note, influenced by global cues. The Nifty 50 index declined by 29 points to 22,374.20 in the early trade while the BSE Sensex lost 149 points to 73,548 at the time of filing this report. Ajay Bagga, Banking and Market Expert, sai...

October 25, 2024 4:52 PM

Delhi: 13-year-old girl in coma wakes up after liver transplant

A 13-year-old girl in Delhi, who had been in a coma, regained consciousness after undergoing a liver transplant at Sir Ganga Ram Hospital. The Pediatric Intensive Care Unit (PICU) team, under the guidance of senior consultants in pediatrics including Dr. Anil Sachdeva, Dr. Dhiren Gupta, Dr. Neeraj G...

September 16, 2024 6:17 PM

Zoho plans $700 mln foray into chipmaking

Indian software firm Zoho is planning a foray into chipmaking and seeking incentives from the federal government, two sources with direct knowledge of the proposal said, with one of them pegging the investment plan at $700 million. Zoho, established in 1996 and now headquartered in India's Tamil Na...

May 16, 2024 3:37 PM

Japan’s economy skids, clouding BOJ’s rate hike plans

Japan's economy fell faster than expected in the first quarter as the weak yen continued to batter consumers, throwing a fresh challenge to the central bank's push to get interest rates further away from near zero. Preliminary gross domestic product (GDP) data from the Cabinet Office on Thursday sh...