Bank of Baroda projects India’s GDP growth at 6.9 percent for Q2 FY25, citing strong domestic demand and positive economic indicators. The festive season and increased government spending are expected to support sustained growth, though inflationary pressures may affect future policy decisions.
12 November,2024 12:37 PM IST | New DelhiA report by DSP Asset Managers warns that a combined sell-off by foreign investors and rising crude oil prices could put significant pressure on India's Balance of Payments, which may lead to economic instability.
12 November,2024 10:32 AM IST | New DelhiThe Indian rupee fell by 2 paise to 84.40 against the US dollar, marking a new all-time low in early trade on Tuesday. Persistent foreign fund outflows and a stronger US dollar continue to pressure the currency.
12 November,2024 10:12 AM IST | MumbaiThe Indian rupee dropped to a record low against the US dollar amid speculation of Donald Trump’s potential return to the White House, sparking concerns of increased US fiscal spending and rising Treasury yields. Experts highlight the impact on global currencies as the dollar rallies.
06 November,2024 12:42 PM IST | New DelhiThe Indian Rupee only saw a slight depreciation in October, outperforming other global currencies facing sharp declines, according to a Bank of Baroda report. The report attributes the rupee's stability to India’s strategic market positioning and the robust dollar, with geopolitical and inflation factors likely to shape future trends.
05 November,2024 12:21 PM IST | New DelhiThe Indian rupee depreciated by 4 paise to close at 84.09 against the US dollar, influenced by weak domestic markets and increased dollar demand from importers.
30 October,2024 04:08 PM IST | MumbaiThe Indian rupee opened steady but fell by 2 paise to 84.07 against the US dollar in early trade, weighed down by persistent foreign fund outflows and muted domestic equities. Analysts suggest ongoing pressure on the rupee due to these factors.
30 October,2024 10:17 AM IST | MumbaiThe Indian rupee settled flat at 84.07 against the US dollar, supported by positive domestic markets and declining crude oil prices, though persistent foreign fund outflows continue to exert pressure on the currency.
29 October,2024 04:48 PM IST | MumbaiVenugopal, a senior Congress member, insisted that there cannot be any voting on the subjects already approved by the committee, keeping open the possibility of calling Buch again, sources said
24 October,2024 08:02 PM IST | New Delhi | PTIShares of Kotak Mahindra Bank fell nearly 7% after the bank's September quarter earnings report failed to meet investor expectations. Despite a 13% increase in overall profit, the standalone net profit grew by only 5%, impacted by higher provisions.
21 October,2024 12:20 PM IST | Mumbai | PTIADVERTISEMENT