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Fitch Ratings Raises India's Growth Forecast For Current Fiscal To 7.2%

Press Trust of India | Tuesday June 18, 2024, New Delhi

Fitch Ratings on Tuesday raised India's growth forecast for current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment.

Paytm In Talks With Zomato To Sell Movie Ticketing Business: Report

Anto Antony and Sankalp Phartiyal | Sunday June 16, 2024

Paytm is in talks with Zomato to sell its movie and events ticketing business, according to people familiar with the matter, as the beleaguered fintech company carves a revival strategy amid weakening sales.

US Fed Holds Interest Rates, Now Sees Just One Cut This Year

Agence France-Presse | Thursday June 13, 2024, Washington

The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.

India Fastest Growing Economy, To Clock 6.7% Growth In 3 Years: World Bank

Press Trust of India | Tuesday June 11, 2024, New Delhi

India will remain the fastest-growing major economy recording a steady growth of 6.7 per cent in the next three years including the current financial year, said a world bank report released on Tuesday.

Drones, Missiles, Cyber-Tech: Inside Adani-EDGE Landmark Defence Deal

NDTV News Desk | Tuesday June 11, 2024, New Delhi

Adani Defence and Aerospace has signed a landmark agreement with EDGE Group, one of the world's leading advanced technology and defence groups in the UAE.

Sensex, Nifty Hit All-Time High Day After PM Modi Begins 3rd Term

Reuters | Monday June 10, 2024, New Delhi

Indian shares bucked wider Asia trends to hit record highs on Monday as investors focused on domestic affairs and expected stability from the incoming government, a day after Prime Minister Narendra Modi was sworn in for a rare third term.

Byju's, Once Valued At $22 Billion, Is Now Worth "Zero"

Indo-Asian News Service | Saturday June 08, 2024

In what could be a shocker to many, edtech firm Byju's, which was once valued at $22 billion, is now worth zero, according to a research note by financial firm HSBC

Wealth Of Chandrababu Naidu's Wife Zooms Rs 535 Crore In 5 Days, Son Gains 237 Crores

Edited by Abhimanyu Kulkarni | Friday June 07, 2024, New Delhi

A company founded by Chandrababu Naidu has made significant gains after his party TDP performed well in the Lok Sabha and Andhra assembly elections.

Nifty Reclaims 23,000 To Bring Back Sanity And Put Wild Swings To Rest

Written by Muralidhar Swaminathan | Friday June 07, 2024, New Delhi

It's back to normal. The Nifty has reclaimed 23,000. It looks like just a number. However, its significance has many sides.

Shares Of Adani Group Firms' Rise, Market Reaches All-Time High

Edited by Debanish Achom | Friday June 07, 2024, New Delhi

Stocks of Adani Group companies outperformed today as the benchmark equity indices Sensex and Nifty climbed over 2 per cent to settle at record closing high levels.

Sensex Touches Record High, Days After Markets Crashed On Counting Day

NDTV News Desk | Friday June 07, 2024, New Delhi

The Indian share market posted massive gains after the Reserve Bank of India (RBI) decided to keep the policy rate unchanged for the eighth time in a row.

Sensex Jumps As RBI Keeps Key Rate Unchanged, Extends Rally To 3rd Session

Press Trust of India | Friday June 07, 2024, Mumbai

Benchmark equity indices jumped in late morning trade on Friday, extending their rally to the third straight session, after the RBI decided to keep the policy rate unchanged for the eighth time in a row, in line with market expectations.

RBI Keeps Key Lending Rate Unchanged: How It Affects Your Loan EMIs?

Edited by NDTV News Desk | Friday June 07, 2024

In its initial monetary policy review for the current financial year, the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 % for the eighth consecutive time.

UPI Lite Wallets To See Big Change Soon: Here's How You May Benefit

NDTV News Desk | Friday June 07, 2024, New Delhi

The Reserve Bank of India (RBI) has proposed to introduce auto-replenishment of UPI Lite wallets and bring the online transaction facility under the e-mandate framework.

RBI Keeps Key Lending Rate Unchanged At 6.5% For 8th Consecutive Time

NDTV News Desk | Friday June 07, 2024, New Delhi

The Reserve Bank of India kept key lending rate unchanged for the eighth consecutive time as robust economic growth continues to provide space to focus on bringing down inflation.