The US accounts for about 18 per cent of India's merchandise exports, including electronics, pharmaceuticals, and petroleum products, among others. However, India's economy is largely driven by domestic demand, so the potential fallout from weaker US growth will likely be contained.
Indian stock indices closed Wednesday's trade marginally in the red, mirroring weak cues from the US markets and along with weakness in domestic IT and PSU bank stocks. Profit booking at higher levels also dented the stock indices.
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as compared with August 2023, Kotak Institutional Equities says it is because of weak retail demand trends and higher inventory levels at the dealerships.
Speaking to ANI about the cyclone warning, Srinuvas, IMD official, Visakhapatnam, said, " The depression is over South Odisha and adjoining South Chhattisgarh and the north Andhra Pradesh coast. It is likely to move in a west-northwest direction further and gradually weaken into a well-marke
"The depression over South Odisha and adjoining South Chhattisgarh and north Andhra Pradesh is about 60 km southeast of Jagdalpur, 70 km northeast of Malkangiri, likely to move across South Odisha, South Chhattisgarh, and Vidarbha and weaken into a well-marked low pressure area during the ne
In a significant move aimed at improving access to higher education for economically weaker students in Chhattisgarh's Maoist-affected districts, Chief Minister Vishnu Deo Sai has announced the provision of interest-free loans for technical and vocational education.
Congress MP Manickam Tagore on Monday took a dig at Prime Minister Narendra Modi saying that his government launched the Unified Pension Scheme because he depended on allies to stay in power.
The Delhi High Court has issued several directives on a batch of petitions seeking admission for students under the Economically Weaker Section (EWS) and Disadvantaged Group (DG) quotas in Delhi private schools. The Court clearly stated that "we must not allow children or their families from
The easing inflation and weakening job market trends in the US, as revealed in the recent figures will push the Federal Reserve to cut interest rates which will lead to lower rates in developing countries like India, indicates S&P Global on Friday.