Union Finance Minister Nirmala Sitharaman today presented the Economic Survey for 2024-25 on the first day of the Budget session. The Economic Survey is the most important document which reviews the country’s economic progress and challenges. It was prepared by the Chief Economic Adviser (CEA), V Anantha Nageswaran and his team. According to the survey, India’s economy…
DetailsGold prices in India soared to new heights on Thursday (January 30). The 24K gold price in Delhi crossed the ₹83,000 mark, while the 22K gold was priced at ₹76,000 per 10 grams. In Mumbai, the 24K gold edged up by ₹10 to ₹82,860 per 10 grams. Globally, gold traded in a narrow range on…
DetailsThe FY26 Budget may project a 20 per cent increase in capex spending to drive economic activity, leave more disposable income in the hands of people and target a fiscal deficit of 4.4 per cent of GDP for the fiscal ending March 2026, a EY report said on Thursday. EY India Chief Policy Advisor DK…
DetailsThe S&P BSE Sensex surged 631.55 points to end at 76,532.96, while the NSE Nifty50 gained 205.85 points to close at 23,163.10. Benchmark stock market indices added almost 1%, extending their run for the second consecutive day, fuelled by a rise in information technology (IT) sector stocks. The S&P BSE Sensex surged 631.55 points to end at 76,532.96,…
DetailsBudget 2025-26 is expected to lay the blueprint for the Narendra Modi government’s third term. But how will Finance Minister Nirmala Sitharaman deliver growth in the face of a slowing economy, global uncertainty, high inflation and tepid private investments? The Union Budget is always a significant annual event that sets the policy tone and agenda…
DetailsThe fast gaining popularity of Chinese AI app DeepSeek has taken the tech sector in the US and other markets by storm. The sharp sell-off in global tech stocks was triggered by concerns over DeepSeek’s lower cost of creating AI tools compared to other US-based AI companies. The Nasdaq 100 lost nearly 3 per cent…
DetailsOptions data indicated that the 23,000 level is expected to be a key zone for further direction of the Nifty 50. The index may remain in a broad range of 22,000-24,000 until the Budget day. Nifty Trend The Nifty 50 rebounded on January 28 after a couple of days of correction but remained volatile. A…
DetailsPrivate telecom operators have requested an extension of two years to comply with the provisions of the Digital Personal Data Protection DPDP Act after the rules are notified, citing concerns over the compliance burden , according to a report by Moneycontrol. Earlier this month, telecom companies held discussions with officials from the Department of Telecommunications…
DetailsStock market crash, stock market today: India stock markets were crashing on Monday, January 27, 2025, as investors dumped almost anything and everything on the bourses. The BSE Sensex index today fell 842.5 points in the intraday trade to hit a low of 75,348 level. The Nifty50 index price, on the other hand, touched a low…
DetailsThe electronics manufacturing business from Tata Group, Tata Electronics today announced the acquisition of a controlling 60 per cent stake in Pegatron Technology India Private Limited (“PTI”). The financial details of the deal were not available, but this will allow the company to expand its local iPhone manufacturing. This follows Tata Electronics’ acquisition of Wistron’s…
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