New Delhi, Oct 14 (IANS) The wait-and-watch policy of the RBI on the monetary policy is prudent, a report said on Tuesday, adding that the bank's dovish tone suggests further easing, but a December rate cut is not "a done deal".
Jaipur, Oct 14 (IANS) Tourism in India is fast emerging as one of the country’s most dynamic economic engines, scripting new success stories. With Rs 2.3 lakh crore in foreign exchange earnings in 2023 and a jump to 8th place in global tourism rankings, India is turning its temples, towns, festivals, and landscapes into serious revenue generators.
Seoul, Oct 14 (IANS) Samsung Electronics Co. said Tuesday it plans to offer shares to its employees under a new compensation program after the company was expected to have posted market-beating earnings in the third quarter.
Mumbai, Oct 14 (IANS) The Reserve Bank of India (RBI) may cut policy rates by 25 basis points in December, bringing the repo rate down to 5.25 per cent, if the 50 per cent import tariff remains in place until the end of the year, a new report said on Tuesday.
New Delhi, Oct 14 (IANS) The Pradhan Mantri Surya Ghar Yojana (PMSGY) has transformed India’s residential rooftop solar segment with 4,946MW of capacity installed till July across various states and Union territories, according to a report on Tuesday.
New Delhi, Oct 14 (IANS) Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said that robust and credible data is essential to measure progress in key sectors such as agriculture, industry, health, and education, and assured continued institutional support for all statistical initiatives in the state.
Seoul, Oct 14 (IANS) Samsung Electronics Co. on Tuesday estimated its third-quarter operating profit reached the highest level in more than three years, beating market expectations.
Mumbai, Oct 14 (IANS) Silver prices soared to an all-time high above $52.50 an ounce on Tuesday, boosted by a historic short squeeze in London and strong demand for safe-haven assets amid global economic uncertainty.
New Delhi, Oct 14 (IANS) India’s inflationary print is likely to come around 0.45 per cent next month and that makes a strong case for decisive actions, according to a new State Bank of India (SBI) report, which stated that being the collective voice of myriad sections of markets and people at large, “we believe the RBI MPC too would listen to the tunes that are changing in these interesting times”.
Mumbai, Oct 14 (IANS) Indian stock markets opened higher on Tuesday as investors looked past global uncertainties caused by the ongoing trade tensions between the US and China, while also tracking quarterly earnings from Indian companies.
