Business

As the Reserve Bank of India's Monetary Policy Committee (MPC) prepares to announce its policy decision this week, the industry and economists remain divided on what the central bank will do.

Vehicle sales across categories performed exceedingly well in November, continuing robust performance since the reduced GST rates on vehicles came into effect this Navratri.

The domestic manufacturing sector saw a slowdown in November as the Purchasing Managers' Index (PMI) eased to 56.6, down from 59.2 in October, according to the manufacturing PMI data released by HSBC.

The credit growth of the banks in the country which had slowed in recent quarters, is expected to pick up as companies begin to draw more funds for their day-to-day operations, highlighted a report by State Bank of India.

As Google emerges as a formidable new force in the artificial intelligence hardware space with its tensor processing units, expectations are rising that surging demand for high-bandwidth memory could benefit South Korean semiconductor giants such as Samsung Electronics and SK hynix, as per a report by Pulse, the English service of Maeil Business News Korea.

The domestic stock market started the week on a strong note as the Nifty 50 index opened at a new all-time high on Monday.