Tag: #EconomicNews
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Sensex Drops 455 Points as Profit Booking Weighs on Indian Stock Market
Sensex drops dominated market headlines on Friday as India’s benchmark equity indices ended the trading session in negative territory. The Sensex drops by 455.59 points while the Nifty 50 also closed lower due to broad-based profit booking, weakness in private banking stocks, and cautious investor sentiment driven by global uncertainties. The decline in the Indian…
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Indian Stock Market Rally Gains Momentum After US-Iran Peace Deal and Falling Oil Prices
New Delhi, June 15 The Indian stock market rally gathered significant momentum on Monday morning as benchmark indices opened sharply higher following the announcement of a historic peace agreement between the United States and Iran. Investor sentiment improved considerably after geopolitical tensions in West Asia eased and global crude oil prices witnessed a steep decline.…
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World Bank Cuts Global Growth Forecast to 2.5% as Middle East Conflict Sparks Global Economic Concerns
New Delhi, June 13, 2026: The World Bank cuts the global growth forecast to 2.5% for 2026, citing escalating tensions in the Middle East, surging energy prices, renewed inflationary pressures, and increasing uncertainty in global financial markets. The latest report has raised concerns among policymakers, investors, and businesses worldwide as the global economy faces another…
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US Court Strikes Down Trump’s 10% Global Tariffs as Illegal in Major Trade Policy Blow
US Court Strikes Down Trump’s 10% Global Tariffs in Landmark Ruling Washington, DC | May 8, 2026: In a major legal setback for former US President Donald Trump, a federal trade court on Thursday ruled that the US court strikes down Trump’s 10% global tariffs imposed under Section 122 of the Trade Act of 1974,…
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Sensex, Nifty Open Higher as Falling Crude Oil and Easing Geopolitical Tensions Boost Market Sentiment
Sensex Nifty Open Higher in Early Trade New Delhi [India], May 7: Indian stock markets opened on a positive note on Thursday as improving global sentiment, easing geopolitical tensions, and falling crude oil prices supported investor confidence. The domestic equity benchmarks continued their gaining momentum after a strong rally in the previous trading session. At…
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India’s Trade Deficit May Widen in FY27 Amid Global Slowdown and Oil Risks
New Delhi, April 16 (ANI): India’s trade deficit, which narrowed unexpectedly in March 2026, may widen again in FY27 due to global uncertainties, rising oil risks, and weakening export demand, according to a report by Yes Securities. March 2026 Trade Deficit Falls Below Expectations India’s trade deficit stood at USD 21 billion in March 2026,…
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Sensex, Nifty Open Lower Amid Fragile US-Iran Ceasefire Concerns
New Delhi, April 9, 2026: Indian stock markets opened on a weak note on Thursday, as benchmark indices BSE Sensex and Nifty 50 declined amid rising concerns over the fragile ceasefire between the United States and Iran. Market Opening: Sensex and Nifty in Red At around 9:17 AM: The decline reflects cautious investor sentiment amid…
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Sensex, Nifty Open in Red as Brent Crude Surges Amid Geopolitical Tensions
New Delhi, April 7, 2026:Indian stock markets opened on a negative note on Tuesday, with benchmark indices BSE Sensex and NSE Nifty 50 witnessing sharp declines in early trade, tracking global uncertainty and rising crude oil prices. Market Opens Lower At around 9:16 AM: The decline reflects cautious investor sentiment amid global developments. Brent Crude…
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RBI May Raise Inflation Forecast, Warns of GDP Downside Risks Amid Global Uncertainty
New Delhi, April 7, 2026:The Reserve Bank of India (RBI) is likely to revise its inflation projections upward while flagging downside risks to GDP growth in its upcoming monetary policy review, according to a report by PhillipCapital. Inflation Projections Likely to Rise The report highlighted that the current inflation projection for the first half of…
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Govt Cuts Petrol, Diesel Excise Duty to Stabilize Fuel Prices; ATF Tax Revised
New Delhi, India | March 27, 2026 In a major step to control rising fuel costs, the Government of India has reduced excise duties on petrol and diesel while revising taxes on Aviation Turbine Fuel (ATF). The move aims to maintain price stability amid global crude oil volatility caused by the ongoing West Asia crisis.…