Business
Nirmala Sitharaman: Middle-Class Consumption Driving India’s Economic Growth
Speaking at a panel discussion in France, Finance Minister Nirmala Sitharaman highlighted that strong middle-class consumption has become a key driver of India's economic growth. She emphasized rising domestic demand, economic reforms, and India's growing resilience amid global uncertainties.
2 days ago|Business
South Korea's KOSPI Plunges 8%, Japan's Nikkei Falls 5%: Why Asian Markets Are Bleeding
Asian stock markets witnessed a sharp sell-off as South Korea's KOSPI tumbled over 8% and Japan's Nikkei dropped nearly 5%, driven by a technology-led rout, concerns over AI-related stocks, and fears surrounding rising chip costs and global economic uncertainty.
15 days ago|Business
After BrahMos, Is Akashteer India's Next Big Defence Export Success Story?
Following the global success of the BrahMos missile system, India's indigenous Akashteer air defence command and control system is emerging as a promising defence export opportunity. Several countries are reportedly showing interest in advanced Indian military technology as New Delhi strengthens its position in the global defence market.
17 days ago|Business
Rupee Gains 20 Paise to 94.20 Against US Dollar as Hormuz Blockade Ends
The Indian rupee strengthened by 20 paise against the US dollar after the end of the Hormuz blockade eased concerns over global energy supplies and improved investor sentiment across financial markets.
22 days ago|Business
RBI Steps Up Dollar Buying to Rebuild Forex Reserves and Strengthen Forward Position
The Reserve Bank of India (RBI) has reportedly increased its dollar purchases in the foreign exchange market to replenish forex reserves and better manage its forward book, signaling a proactive approach to maintaining currency stability.
22 days ago|Business
