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Fitch affirms India’s investment grade rating at ‘BBB-‘ on robust growth outlook

New Delhi, Jan 16 (PTI) Fitch Ratings on Tuesday affirmed India's sovereign rating at 'BBB-' with a stable outlook on robust medium-term growth prospects...

Gold dips as dollar, yields rise on Fed’s hawkish remarks

By Anushree Ashish Mukherjee (Reuters) - Gold prices fell on Tuesday, pressured by a firmer dollar and higher U.S. Treasury yields after Federal Reserve Governor Christopher Waller's hawkish remarks

Fitch affirms India sovereign ratings, flags difficult fiscal consolidation path

NEW DELHI (Reuters) - Global ratings agency Fitch on Tuesday affirmed India's long-term foreign currency issuer default ratings at 'BBB-' with a stable outlook, but flagged that the country's weak

Wall St dips, dollar, US yields rise on rate outlook jitters

By Stephen Culp NEW YORK (Reuters) - U.S. stocks edged lower while the dollar gathered strength as the World Economic Forum in Davos entered its second day amid warnings that markets might have gotten

Dollar hits one-month high as Fed rate-cut outlook eases

By Chuck Mikolajczak NEW YORK (Reuters) -The dollar jumped on Tuesday as investors dialed back their expectations for a March rate cut from the U.S. Federal Reserve, while the pound and yen dropped on

Global inflation poised to decline to 4.8 per cent in 2024, from 5.9 pc in 2023: World Economic Forum report

New Delhi , January 16 (ANI): Global inflation continued to ease, giving hints of loosening of central bank interest rates in 2024. The global...

Oil falls as investors focus on Middle East, interest rates

By Robert Harvey (Reuters) -Oil prices edged lower on Tuesday as investors weighed the impact of tensions in the Middle East against a stronger dollar and cooled expectations of U.S. interest rate

HDFC Bank posts Rs 17,258 cr net profit for Q3; sets aside Rs 1,200 cr on AIF exposure

Mumbai, Jan 16 (PTI) HDFC Bank on Tuesday reported a 2.65 per cent rise in consolidated net profit of Rs 17,258 crore for the...

MoU signed to develop mechanism for global hydrogen trading in GIFT City

Gandhinagar (Gujarat) , January 16 (ANI): The International Financial Services Centre (IFSC) at GIFT City has announced a strategic collaboration with the Indian Gas...

Rupee plunges 26 paise against US dollar

Mumbai, Jan 16 (PTI) The rupee slumped 26 paise to 83.12 against the US dollar on Tuesday, as a strong greenback against major rivals...

On Camera

When Vajpayee spoke to CII to allay fears—Let not Gujarat violence cloud the good in economy

On 27 April 2002, then-PM Atal Bihari Vajpayee delivered a speech at the annual session of the Confederation of Indian Industry, assuring the completion of Golden Quadrilateral and telling businessmen how deep and strong the roots of Indian secularism are.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

With defence push, India looks to capture markets in Africa beyond western Indian Ocean

India’s defence sector is trying to penetrate the African market. But with China already extending significant influence, India must now play catch-up.      

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?