Tag: Economy
Rising NPAs and Write-offs Predicted to Signal Financial Stress by 2026
Financial Stress Looms as Rising NPAs and Write-offs Predicted by 2026MUMBAI: The Reserve Bank of India (RBI) has issued a warning about potential financial stress looming on the horizon for Indian banks as gross...
US Economy Thrives with 2.8% Growth Rate in 2024 Amid Inflation Worries
The US economy in 2024 ended on a positive note, with new data from the Commerce Department revealing that consumer spending and government support were pivotal in driving growth. Despite facing some obstacles, the...
Stock Market Crash: Reasons for Bear Attack and BSE Sensex/Nifty50 Plummet
**Stock Market in Turmoil: Understanding the Recent Bear Attack and BSE Sensex/Nifty50 Plummet**The stock market was rocked by a significant downturn today, with the BSE Sensex and Nifty50 experiencing a sharp decline due to...
Forex Reserves Hit 10-Month Low, INR at 86.61 per USD – Times of India
Forex Reserves Plummet to 10-Month Low
Forex reserves in India have taken a sharp nosedive to a 10-month low, standing at $625.9 billion as of January 10, marking a concerning trend of decline over the...
US Federal Reserve Official Suggests Possible Interest Rate Cuts: Times of India
US Federal Reserve Official Suggests Possible Interest Rate Cuts: Times of IndiaThe US Federal Reserve is considering cutting interest rates three or four times this year, with a potential initial cut before July, as...
Stock Market Update: BSE Sensex Drops 800 Points, Nifty50 Tests 23,200, Rupee Hits Record...
The stock market witnessed a significant downturn today, with the BSE Sensex plummeting by 800 points and the Nifty50 testing a critical level of 23,200. The Indian equity benchmark indices faced a sharp decline...
Rupee Weakens to Nearly 86 per Dollar, Marks 10th Consecutive Weekly Decline – Times...
Rupee Weakens to Nearly 86 per DollarIn a concerning turn of events, the Indian rupee has taken a significant hit, nearing the 86 per dollar mark, marking its tenth consecutive week of decline...
HSBC Downgrades India to ‘Neutral’: Sensex Target 2025 – Times of India
**HSBC Downgrades India to 'Neutral': Sensex Target 2025**In a surprising turn of events, global banking giant HSBC has downgraded India's market outlook to 'Neutral' from 'overweight,' signaling potential concerns for investors. This shift in...
India’s Exports to Reach Record $800 Billion: Commerce Minister Goyal – Times of India
India's Exports Set to Break Records: Commerce Minister Goyal Predicts $800 Billion MilestoneIndia is on the brink of a monumental achievement in its economic landscape, poised to surpass $800 billion in exports of goods...
Forex Reserve Decreases to $640.27 Billion: Latest Update – Times of India
India's Foreign Exchange Reserves Drop to $640.27 Billion: A Closer LookIn a recent update from the Reserve Bank of India (RBI) on Friday, it was reported that India's foreign exchange reserves took a significant...