Category: Economy
All the news that concerns the the trade, jobs, growth and economy of India and other countries in asia, europe.
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Tesla’s India Entry Boosted by Government’s Updated EV Policy to Attract Global Automakers
As the world’s most valuable electric vehicle (EV) company, Tesla, gears up for its highly anticipated entry into the Indian market, the Indian government is reportedly considering adjustments to its new EV policy. These modifications are expected to provide more attractive incentives and conditions for global automakers, including Tesla, in order to establish a foothold…
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India’s GDP Growth Expected to Reach 6.6% in Q3 FY25: Steady Growth Amid Challenges
India, one of the world’s fastest-growing major economies, continues to exhibit a strong economic trajectory, even as global factors and domestic challenges cast a shadow over its growth. According to the latest report from Bank of Baroda, India’s Gross Domestic Product (GDP) is expected to grow by 6.6% in the third quarter (Q3) of the…
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Morgan Stanley Predicts Strong Upsurge for Indian Stocks Amid Improving Global Factors
India, one of the world’s fastest-growing economies, has seen its stock market endure some turbulent months. Yet, according to global brokerage firm Morgan Stanley, the future looks promising for Indian stocks. The firm has outlined that the revival of Indian equities is not only a matter of domestic growth but is also closely tied to…
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Qatar’s Emir Receives Grand Ceremonial Welcome at Rashtrapati Bhavan during State Visit to India
Qatar’s Emir, Sheikh Tamim Bin Hamad Al Thani, has arrived in India for a two-day state visit, marking the second time he has visited the country since March 2015. The visit highlights the growing bilateral ties between the two nations, and the Emir was given a grand ceremonial welcome at Rashtrapati Bhavan, the official residence…
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Indian Stock Market Opens Higher, Nifty Above 23,120
Indian Markets Show Strength Amid Global Uncertainty The Indian stock market opened on a positive note on Thursday, bolstered by buying in the PSU bank and financial services sectors. The broader market movement followed a mixed set of global cues, reflecting cautious optimism among investors. Strong Opening for Sensex and Nifty As of 9:45 AM,…
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IMF Expresses Strong Support for Pakistan PM Shehbaz Sharif’s Economic Reforms
Pakistan’s Economic Reforms Gain Global Recognition The International Monetary Fund (IMF) has expressed firm support for Pakistan’s Prime Minister Shehbaz Sharif and his decisive economic policies aimed at stabilizing the country’s financial situation. On Wednesday, February 12, 2025, the IMF Managing Director, Kristalina Georgieva, publicly praised Pakistan’s ongoing economic reforms and efforts to sustain fiscal…
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Shriram Finance Bets Big on Green Energy—Targets ₹5,000 Crore Portfolio!
Shriram Finance, one of India’s leading non-banking financial companies (NBFCs), is set to embark on an ambitious expansion of its green finance portfolio, aiming for a 20-fold increase over the next three years. This strategic move comes as the company seeks to diversify its loan book and leverage the growing demand for sustainable financing solutions.…
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Trump Orders Halt to Penny Production, Citing Rising Costs and Waste
In a decisive move to curb governmental waste, President Donald Trump has directed the U.S. Treasury Department to halt the production of new pennies. Citing the escalating costs associated with minting the one-cent coin, Trump emphasized the inefficiency of continuing its production. The penny, featuring President Abraham Lincoln since 1909, has been a staple of…
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Over 17,600 Companies Shut Down While 138K Registered in FY25 – Government Data Reveals Trends
India’s corporate sector has witnessed a dynamic shift in the current financial year, with 17,654 companies closing down while 1,38,027 new firms have been registered as of January 26, 2025, according to data released by the Ministry of Corporate Affairs. The figures were disclosed in a written response by Minister of State for Corporate Affairs…
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Asian Stocks Surge as Trump Pauses Tariffs on Canada and Mexico
Markets Rally Amid Tariff Uncertainty Asian stock markets rallied on Tuesday following an unexpected decision by former U.S. President Donald Trump to pause planned tariffs on Canada and Mexico. The reversal, which came just hours before the new tariffs were set to take effect, injected fresh optimism into global markets that had been rattled by…
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