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Indian share market closes in red, Nifty slides below 23,500

Nov 18, 2024

Mumbai, Nov 18 (IANS) The Indian stock market closed in red on Monday as heavy selling was seen in IT, pharma and media sectors on Nifty.Sensex closed at 77,330.01 after falling 241.30 points or 0.31 per cent and Nifty closed at 23,453.80 after falling 78.90 points or 0.34 per cent.Nifty Bank rose 184.25 points or 0.37 per cent to 50,363.80. Nifty…

India rated fastest growing G20 economy with GDP growth projected at 7 pc for 2024

Nov 18, 2024

New Delhi, Nov 18 (IANS) India is projected to be the fastest growing economy among the G20 countries with a 7 per cent GDP growth rate for 2024, followed by Indonesia in the second spot with 5 per cent while China is ranked third with an…

Business

India insulated among emerging markets to Trump’s proposed tariffs: CLSA’s Alexander Redman

Nov 18, 2024

Mumbai, Nov 18 (IANS) Among the emerging markets (EMs), India has the "least sensitivity" to US President-elect Donald Trump’s proposed tariffs and higher interest rates, global brokerage CLSA's chief equity strategist Alexander Redman said…

Business

Electronics, engineering, agricultural goods propel India’s export growth: CRISIL

Nov 18, 2024

New Delhi, Nov 18 (IANS) India's core group exports surged 27.7 per cent in October with growth being particularly strong in categories such as engineering goods, electronic goods, chemicals, textiles, marine products and rice, according to…

Business

Mamaearth’s parent firm Honasa shares crash 45 pc from its all-time high amid losses

Nov 18, 2024

Mumbai, Nov 18 (IANS) Honasa Consumer Ltd, the parent company of direct-to-consumer (D2C) brand Mamaearth, saw its stock plunged more than 20 per cent on Monday, after the company slipped into losses in the second quarter of the fiscal year…

Business

EV India Expo 2024, showcasing future of electric mobility, opens tomorrow at India Expo Mart

Nov 18, 2024

The EV India Expo 2024 is set to electrify audiences from 19th to 21st November 2024 at the India Expo Centre & Mart, bringing together the biggest names and innovations in electric mobility.

Business

Indian stock market opens in red, IT stocks suffer

Nov 18, 2024

Mumbai, Nov 18 (IANS) The Indian stock market opened in red on Monday as selling was seen in IT, PSU bank and pharma sectors.In early trade at around 9:51 am, Sensex was trading at 77,247.18 after slipping 333.13 points or 0.43 per cent,…

Business

Naver to launch JV for digital twin projects in Saudi Arabia

Nov 18, 2024

Seoul, Nov 18 (IANS) South Korean tech giant Naver said on Monday it will establish a joint venture with Saudi Arabia's state housing company to collaborate for digital twin platform projects in the Middle East.Naver and Saudi Arabia's…

Business

LG Energy to supply batteries for US-based Bear Robotics

Nov 18, 2024

Seoul, Nov 18 (IANS) LG Energy Solution Ltd (LGES), South Korea's leading battery maker, said on Monday it has signed an initial pact with US-based Bear Robotics to become its sole supplier of cylindrical batteries.LGES signed a memorandum…

Business

Israel’s economy sees recovery with 3.8 per cent growth

Nov 18, 2024

Jerusalem, Nov 18 (IANS) Israel's economy grew at a faster pace in the third quarter of 2024, with its gross domestic product (GDP) rising by an annualised 3.8 per cent, the Central Bureau of Statistics said in an initial estimate.For the…

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