According to Fitch, the demand for chemical products is anticipated to remain restricted, influenced by economic slowdowns in major economies impacted by inflation and high interest rates.
The Sensex experienced a surge, opening 662.30 points higher at 70,245.39, while the Nifty marked a strong opening at 21,110.75, reflecting a gain of 184.40 points. Among the Nifty companies, 40 witnessed advances, contrasting with 10 declines.
According to the Asian Development Outlook (ADO) December 2023, released on December 13, the regional economy is now expected to grow by 4.9 per cent in 2023, up from the earlier forecast of 4.7 per cent in September, with the outlook for the following year remaining steady at 4.8 per cent.
It reported that the agency maintained Pakistan's long-term foreign currency issuer default rating at 'CCC' and noted that it expects general elections to take place as scheduled and produce a coalition government "along the lines of Shehbaz Sharif's government".
The dynamics of Free Trade Agreement (FTA) negotiations between India and the European Free Trade Association (EFTA) is very positive, with both sides in a position, where they weren't closer before, Switzerland State Secretary for Economic Affairs, Helene Budliger Artieda said on Wednesday.
Norwegian Trade Minister Jan Christian Vestre and Swiss State Secretary for Economic Affairs Helene Budliger Artieda, commended growing ties between India and EFTA member countries.
New Delhi [India], December 13: The Udaiti Foundation (TUF), a leading women's economic empowerment organization, unveils its groundbreaking initiative, "Close the Gender Gap" (CGG) data hub at "Women in India Inc" Summit today with an aim to drive transformative changes in gender representa
Mumbai (Maharashtra) [India], December 13: The manufacturing sector in India has been witnessing a proliferating growth in investment, depicting crucial phase in the country's economic arena. As per the published dossiers by the Department for Promotion of Industry and Internal Trade (DPIIT)
Union Commerce and Industry Minister Piyush Goyal held a meeting with the European Free Trade Association (EFTA) delegation led by Swiss State Secretary for Economic Affairs, Helene Budliger Artieda, and Norwegian Minister of Trade and Industry, Jan Christian Vestre, on Wednesday.
New Delhi [India], December 12: India's progress towards becoming a global economic powerhouse depends on having a skilled workforce and allowing its demographic dividend to thrive. Many young graduates in India seek employment opportunities after completing their studies but often lack the
Newly elected Argentina President Javier Milei warned his country's people to prepare for "painful austerity measures" as he seeks to turn around decades of 'economic stagnation and decline', Al Jazeera reported.