Economic Trends News - Latest Updates & Headlines
Investors lose over Rs 27 lakh crore in last eight trading sessions
Mumbai, February 15: The Indian stock market has been facing a continuous decline, with investors losing more than Rs 27 lakh crore in the past eight trading sessions.
Gold ETFs see record Rs 3,751 crore inflow in India in Jan amid global tensions, US tariffs
Mumbai, Feb 12: Gold exchange-traded funds (ETFs) witnessed a massive surge in inflows in January, as investors poured Rs 3,751.4 crore into these funds, according to the Association of Mutual Funds in India (AMFI) data on Wednesday.
Foreign investors still hold USD 800 bn in Indian equities, but continued selling poses risk: Report
Mumbai, February 10: Foreign institutional investors (FIIs) continue to hold approximately USD 800 billion worth of Indian equities, but their ongoing selling remains a risk for the stock market, according to a report by BNP Paribas Exane, a European equity research firm.
Israel: Export of Services decreases 6.2 per cent in November 2024
Tel Aviv, February 4: Israel's Central Bureau of statistics reported that in November 2024, the total export of services (not including the start-up companies) decreased by 6.2 per cent compared to the previous month.The export of services of the hi-tech industries (not including the start-up companies) decreased by 7.4 per cent compared to an increase of 10 per cent in the previous month.
Global consumption shifting to India, emerging Asia from America and Europe: McKinsey Report
New Delhi, January 28: The global consumption pools are witnessing a significant shift from regions like North America and Western Europe to India and emerging Asia, according to a report by McKinsey Global Institute.
Indian retail sector shows modest growth of 5 per cent in December, overall consumption remains subdued
New Delhi, January 27: The Indian retail sector has witnessed a sales growth of 5 per cent in December 2024 compared to the same festive time period last year, according to the Retailers Association of India's(RAI) 55th Retail Business Survey released on Monday.
Key reasons why Indian stock market is falling
Mumbai, Jan 27: The Indian stock market witnessed a sharp fall on Monday as the benchmark indices faced heavy selling pressure amid weak global cues, uncertainty over US trade policies and sustained foreign fund outflows.
India projected to account for 16 pc of global consumption by 2050: Report
New Delhi, Jan 21: India is projected to account for 16 per cent of global consumption by 2050, up from 9 per cent in 2023, McKinsey Global Institute said in a report on 'Dependency and Depopulation: Confronting the Consequences of New Demographic Reality'.
India emerging as major pole over global economy, our priorities join very well': Singaporean President Tharman
Bhubaneswar, January 18: Highlighting India's emergence as a key player in the global economy, Singapore President Tharman Shanmugaratnam said that India aspires to be a significant player in a multipolar world and this is also reflected in the evolving ties of the two nations.
India's wholesale price inflation rises to 2.37% in December 2024
New Delhi, January 14: The annual rate of inflation based on the all-India Wholesale Price Index (WPI) stood at 2.37 per cent (provisional) in December 2024, marking an increase from the previous month's rate of 1.89 per cent.
PE investment in India's real estate rose to $2.82 billion in April-Dec of FY25
Mumbai, Jan 13: The private equity (PE) investment in Indian real estate increased by 6 per cent to $2.82 billion during the first nine months (April-December) of Financial Year 2024-25, according to a report by real estate firm ANAROCK.
Rupee hits fresh record low against USD, may drop to 87 by March end: Experts
New Delhi January 13: Indian rupee touched an all-time low against US dollar. At the time of filing this report, the rupee was trading at 86.40 against US dollar.
Rural consumption will increase but urban consumption may slowdown further in FY26 : Report
New Delhi, January 9: India's economy is navigating a phase of subdued demand as growth in key sectors slows down. Multiple dynamics impact exports, consumption cycles, and income growth, pointing to a challenging outlook for FY26 says a report by Nuvama
Eurozone's inflation rises to 2.4 per cent in December: Eurostat
Kyiv, Jan 8: The eurozone's annual inflation rate for December of last year stood at 2.4 per cent, up from November's 2.2 per cent, according to a flash estimate released by Eurostat.
India's per capita nominal GDP to increase by Rs 35k in FY25 despite slower overall growth: SBI
New Delhi, January 8: Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise significantly in FY25, according to a report by the State Bank of India (SBI).
Indian rupee to get support at 85.5, in case of breach it may test 86.5 against US dollar: UBI
New Delhi, January 7: The Indian rupee opened strong on Tuesday morning as compared to the all-time low it tasted during the previous session. At the time of filing this report, the rupee traded at 85.75 against the US dollar, vis-a-vis an all-time low of 85.84.
India becomes second largest buyer of gold after Poland in 2024: World Gold Council
New Delhi, January 6: Global central banks remained active in the gold market in November 2024, collectively adding 53 tonnes of the precious metal to their reserves, according to the World Gold Council.
Household durables sector to see moderation in revenue in Q3: HSBC report
New Delhi, January 5: Businesses in India's household durables segment are expected to see some moderation in revenue growth in the just-concluded October-December quarter, asserted HSBC Global Research in a thematic report ahead of the impending earning updates.
FMCG, retail companies in India chalk fresh strategies amid sluggish consumption demand
New Delhi, January 5: As part of their efforts to navigate through the troubled waters against the backdrop of sluggish consumption demand in the overall economy, businesses in the Fast-Moving Consumer Goods (FMCG) and retail space are preparing strategies for the upcoming quarter of financial year 2025.
FPI sold equities worth Rs 4285 Cr in just 3 trading sessions of 2025
New Delhi, January 4: Foreign Portfolio Investors (FPIs) have started 2025 on a cautious note in Indian equities, with a net selling of Rs 4,285 crore in just the first three trading sessions of the year, according to data from the National Securities Depository Limited (NSDL).
US businesses dismiss China as a business opportunity amid rising challenges
Washington DC, January 3: China has been increasingly being viewed with scepticism by American businesses, with many scaling back their operations or shifting investments elsewhere, as reported by the Wall Street Journal.