The Indian economy is expected to be “a little weaker” in 2025 despite steady global growth, IMF managing director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of uncertainty in the world this year mainly around
Vikash Kumar Jain, India Strategist and Head of Research at CLSA, shared his outlook for the Indian market in 2025, stating that he is not gunning for big returns this year, would be happy with single-digit returns for Indian market.
Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest U.S. sanctions package targeting Russian oil and gas revenue. President Joe Biden’s administration imposed fresh sanctions targeting Russian
Information Technology (IT) major Infosys escalated the legal tussle with Cognizant by filing a countersuit in a US court, accusing the Nasdaq-listed firm and its Chief Executive Officer (CEO) Ravi Kumar of anticompetitive practices by maintaining its monopoly. Photograph: PTI
India’s forex reserves dropped by $5.69 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the overall kitty had declined by $4.11 billion
Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. Photograph:
Equity benchmark indices Sensex and Nifty nursed losses for the third consecutive session on Friday, in lockstep with a weak trend in global equities as concerns over economic growth and a slowdown in quarterly earnings sapped investors’ risk appetite. Photograph:
Public sector Indian Overseas Bank (IOB) on Thursday (January 9) said it has invited expressions of interest (EOIs) from asset reconstruction companies (ARCs) for the sale of 46 non-performing asset (NPA) accounts, collectively valued at ₹11,500 crore. Company Value Change
Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded the trading session at 23,526.5, reflecting a decline of 0.4%. Throughout the day, the Nifty reached a peak of 23,596.6 and a low of 23,344.35.
Equity mutual funds (MFs) capped a strong 2024 with near-record inflows in December. With net inflows of Rs 41,156 crore in December, the 2024 tally surged to Rs 3.9 trillion, up 144 per cent compared to 2023. The December tally,
