Business

India on track to become $26 trillion economy by 2047–48, says EY report

India on track to become $26 trillion economy by 2047–48, says EY report

New Delhi–India is poised to emerge as a $26 trillion economy by 2047–48, even while sustaining a stable and moderate…
RBI to auction government bonds worth about $3.85 billion on January 2

RBI to auction government bonds worth about $3.85 billion on January 2

New Delhi–The Government of India on Monday announced that it will auction government bonds worth approximately $3.85 billion on January…
Centre Launches Two Major Shipbuilding Schemes Worth About $5.4 Billion to Boost India’s Maritime Capacity

Centre Launches Two Major Shipbuilding Schemes Worth About $5.4 Billion to Boost India’s Maritime Capacity

New Delhi–The Centre on Saturday notified operational guidelines for two major shipbuilding initiatives with a combined outlay of Rs 44,700…
Bullion on Fire: Gold Nears Rs 1.4 Lakh, Silver Soars to Record High

Bullion on Fire: Gold Nears Rs 1.4 Lakh, Silver Soars to Record High

Mumbai–Gold prices continued their relentless surge for the fourth consecutive session on Friday, scaling fresh record highs in both domestic…
Sensex, Nifty Slip Ahead of Christmas as Investors Turn Cautious

Sensex, Nifty Slip Ahead of Christmas as Investors Turn Cautious

MUMBAI — Indian stock market benchmarks Sensex and Nifty ended slightly lower on Wednesday as selling pressure in oil and…
Silver Turns Rs 7,900 Into Rs 2.16 Lakh in 25 Years, Delivering Over 2,600% Returns

Silver Turns Rs 7,900 Into Rs 2.16 Lakh in 25 Years, Delivering Over 2,600% Returns

MUMBAI– Silver has delivered extraordinary long-term returns over the past 25 years, rising from around Rs 7,900 per kilogram in…
Sensex Ends Flat as IT Weakness Offsets Gains; Nifty Inches Higher

Sensex Ends Flat as IT Weakness Offsets Gains; Nifty Inches Higher

MUMBAI– Indian equity benchmarks closed on a mixed note on Tuesday as losses in information technology stocks weighed on the…
Gold Hits Record High on Safe-Haven Demand and Rate-Cut Expectations

Gold Hits Record High on Safe-Haven Demand and Rate-Cut Expectations

NEW DELHI, India — Gold prices climbed to a record high on Monday as strong safe-haven demand and expectations of…
Rupee Rises for Second Straight Session as RBI Steps In

Rupee Rises for Second Straight Session as RBI Steps In

NEW DELHI, India — The Indian rupee strengthened for a second consecutive session on Monday, rebounding from record lows amid…
Sensex, Nifty Extend Rally, End Up 0.75 Percent Each

Sensex, Nifty Extend Rally, End Up 0.75 Percent Each

MUMBAI, India — Indian equity markets closed sharply higher on Monday, extending gains from the previous session as buying in…
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