In the coming years, India is also likely to overtake Germany to become the third largest economy. (AI image) India will become the fourth largest economy in the world in 2025, surpassing Japan, according to the latest World Economic Outlook April 2025 edition of the International Monetary Fund.India’s nominal GDP for 2025 (FY26) is expected…
Gold rate today: Gold prices in the national capital jumped by Rs 550 on Monday, reaching Rs 97,350 per 10 grams, in line with a strong upward trend in international markets. The price of 99.9 per cent pure gold had previously settled at Rs 96,800 per 10 grams on Friday, according to the All India…
Moody’s has cautioned that continued tensions might restrict Pakistan’s ability to secure external financing. (AI image) Pakistan’s economy will suffer a bigger setback than India amidst ongoing tensions, Moody’s Ratings has warned. Heightened and prolonged tensions with India could adversely affect Pakistan’s economic growth and impede the government’s fiscal consolidation efforts, potentially undermining its progress…
The CBI has arrested a deputy general manager of Oil India Limited posted in Assam’s Duliajan and a private company executive for alleged bribery of Rs 7 lakh, officials said on Monday. Prayas Chakravorty, a deputy general manager (DGM) of Oil India Limited (OIL), had allegedly demanded the bribe from Jyoti Kumar Singh, the DGM…
Adani Group stocks rally (AI image) Adani Group stocks today: Adani Group stocks on Monday saw significant gains of up to 14% after reports emerged of meetings between Gautam Adani representatives and US President Donald Trump‘s administration officials. The discussions centred on seeking dismissal of criminal charges in a bribery investigation, as reported by Bloomberg…
India’s economy remains largely unaffected by the reduced Pakistani imports. (AI image) India’s import ban on Pakistan: In a major economic retaliation following the Pahalgam attack, the Narendra Modi government has implemented sweeping restrictions, prohibiting all imports from Pakistan, whether direct or through intermediary nations, along with postal services and parcel deliveries from the neighbouring…
The US Federal Reserve is widely expected to keep its benchmark interest rate unchanged at around 4.3% when it concludes its two-day policy meeting on Wednesday, resisting pressure from President Donald Trump and his administration to cut borrowing costs.Despite Trump’s repeated demands for a rate cut and claims that inflation is no longer a concern,…
Gold rate today: Focus this week shifts to Services PMI data from major economies and Fed policy meeting. (AI image) Gold price prediction: What’s the outlook for gold prices in the week starting May 5, 2025? After touching record highs recently, gold has seen dips in recent days. What are the global cues that investors…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 crossed the 24,400 mark, BSE Sensex was above 80,700. At 9:22 AM, Nifty50 was trading at 24,431.65, up 85 points or 0.35%.BSE Sensex was at 80,775.82, up 274 points or 0.34%.Market…
Warren Buffett, the 94-year-old architect and face of Berkshire Hathaway, will hand energy executive Greg Abel the keys to a $1.2-trillion behemoth. Abel (62) will also inherit a plethora of questions, starting with what he’ll do with Berkshire’s almost $350 billion cash pile after Buffett largely sat out a volatile last few years. Shareholders will…
