New Delhi: The country’s private sector growth has increased to an eight-month high this month, according to a study by HSBC Bank. Private sector growth at eight-month high In the monthly Flash PMI index, it has been reported that the composite PMI index has increased to 60 points in the data for this month. This … Read more
The Reserve Bank has cut the repo rate again, and with US President Trump’s reciprocal tax hike coming into effect from yesterday, the Reserve Bank has lowered the country’s economic growth forecast for the current fiscal year from 6.70 percent to 6.50 percent. What is the benefit of a repo rate cut At the end … Read more
Mumbai: sensex is falling, Fears of a global economic slowdown due to the US’s reciprocal tax imposition shook the Indian stock markets yesterday. Economic slowdown fears cause Sensex to fall During yesterday’s trading, the market indices Sensex and Nifty fell by 1,000 points and 350 points, causing investors to lose nearly Rs 10 lakh crore. … Read more
Yesterday’s Indian business news included a huge order for L&T, and a third Maruti plant in Haryana. Ferrari’s first maintenance center in Bengaluru Italian luxury sports car company ‘Ferrari’ has set up its first car maintenance service center in India in the Meena Kunde area of Bengaluru. It is operated by ‘Select Cars’, which imports … Read more
What are the benefits of reduction in custom duties, For India’s own benefit, it is necessary to reduce the duty on imported goods. Reducing import duty is good for India Imposing duty on goods from other countries does not protect any country. Therefore, it is better to reduce the duty regardless of who is asking … Read more
The country’s export value has also declined in January for the third consecutive month. Why India’s exports are declining India’s exports fell 2.38 percent to Rs 3.17 lakh crore last month, the Union Commerce Ministry said. At the same time, imports rose 10.28 percent to Rs 5.17 lakh crore. This was mainly due to an … Read more
Indian stock market indices ended slightly lower on the second trading day of the week yesterday. After a series of declines, the markets, which had risen the day before yesterday, returned to their downward trajectory. The stock market has resumed its decline Due to continuous outflow of foreign investment, when trading began yesterday, the market … Read more
Indian stock market indices closed slightly lower yesterday, the fourth trading day of the week. stock market situation india Amid concerns over the trade war and continued foreign investment outflows, the market indices opened higher when trading began yesterday on optimism over inflation data. Foreign Investment Foreign investors sold shares worth Rs 2,790 crore yesterday. … Read more
Mumbai, Feb 8: The Reserve Bank of India (RBI) has announced a much-awaited repo rate cut for the past five years. The short-term lending rate of banks has been reduced by 0.25 percent to 6.25 percent. Its results were released yesterday. What is the expectation of RBI rate cut India This means that banks are … Read more
What is the current market situation in Indian market indices ended lower on the last trading day of the week as volatility was caused by the Reserve Bank’s announcement. What are shares doing at the moment The banking sector index fell after the Reserve Bank of India (RBI) decided to cut the repo rate by … Read more