Economy

Beijing: A Chinese foreign ministry spokesperson said on Thursday that the United States' 245 per cent tariff on certain products from China no longer makes economic sense. It the US continues to play the "tariff numbers game", it will…
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New Delhi: Not just the world's third-largest economy, India has the potential to become the second-largest economy if it remains on the current path of resilience and policy continuity, billionaire investor Mark Mobius said on Wednesday.…
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New Delhi: Government e Marketplace (GeM) has successfully facilitated the insurance of more than 1.3 crore individuals covering health, life and personal accident insurance policies during the financial year 2024-25, according to a…
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Mumbai: The domestic benchmark indices opened flat on Wednesday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade. At around 9.29 am, Sensex was trading 23.12 points or 0.03 per cent up at 76,758.01…
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New Delhi: Digital payments via Unified Payments Interface (UPI) returned for most users on Saturday after the popular service suffered a nationwide outage affecting millions of users. Although the National Payments Corporation of India…
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New Delhi:  Payments through mobile phones in India recorded a 41 per cent jump in transaction volume to 88.54 billion and a 30 per cent rise in value to Rs 197.69 lakh crore in the second half of 2024. India’s digital payments ecosystem…
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New Delhi: Global brokerage Jefferies has issued an 'overweight' call on India, saying that the country is set to outperform other emerging markets (EMs) amid rising global uncertainties. In its latest note, Jefferies said while absolute…
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New Delhi:  Amid the changing world trade order, India and the UK have reaffirmed their commitment to furthering the bilateral relations between the two nations, including continuing negotiations at pace towards a mutually beneficial Free…
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New Delhi:  Leading banks on Wednesday said that the RBI rate cut, coupled with the revision in stance to accommodative, is a swift and timely move and a forward guidance to the market to stay supportive against evolving global…
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Mumbai: The Reserve Bank of India (RBI) has done the right thing by sticking to market expectations at a time when uncertainty is high, Katrina Ell, Economic Research Director at Moody’s Analytics said on Wednesday. She believes the…
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