New Delhi [India], January 2 (ANI): In CY25, the Indian Rupee (INR) is expected to experience marginal depreciation, largely driven by continued volatility in Foreign Portfolio Investor (FPI) flows and the likelihood of a stronger U.S. dollar, according to a Bank of Baroda report. The Indian Rupee (INR/RS) depreciated by 2.8 per cent in CY24 but still outperformed many of its peers. The Reserve Bank of India (RBI) has act
KUALA LUMPUR, Jan. 2 (Xinhua) -- Malaysia's manufacturing purchasing managers' index (PMI) fell further to 48.6 in December 2024 from 49.2 in November, according to S&P Global on Thursday.
Читать дальше...Mumbai (Maharashtra) [India], January 2 (ANI): The Indian stock market ended on a high note on Thursday, with both benchmark indices registering significant gains. The Sensex soared 1,436.30 points to close at 79,943.71, while the Nifty jumped 445.75 points to end at 24,188.65. Among the Nifty 50 companies, 48 advanced, while only two declined, reflecting a robust market sentiment. Top gainers in the Nifty included Eicher
KUALA LUMPUR, Jan. 2 (Xinhua) -- Malaysia's economic growth is expected to moderate to 4.9 percent in 2025 from a projected 5.2 percent in 2024, KSI Strategic Institute for Asia Pacific said Thursday.
Читать дальше...New Delhi [India], January 2 (ANI): Finance Minister Nirmala Sitharaman on Thursday met stakeholders from the financial sector and capital markets as part of her series pre-Budget consultations. The meeting was also attended by Finance Secretary, DIPAM secretary, and secretaries of Department of Economic Affairs and Department of Financial Services, and Chief Economic Adviser to the Government of India. Today's was her se
New Delhi [India], January 2 (ANI): Credit rating agency ICRA has lowered its banking credit growth estimate for FY2025 to 10.5-11.0 per cent, down from its previous forecast of 11.6-12.5 per cent. The revised outlook comes as banks shift focus toward reducing their credit-to-deposit (CD) ratio and curbing exposure to unsecured retail and non-banking financial companies (NBFCs), resulting in moderated credit growth. For F
HANOI, Jan. 2 (Xinhua) -- The new order growth of Vietnam's manufacturing sector slowed to a three-month low in December, according to a report released by S&P Global Market Intelligence on Thursday.
Читать дальше...New Delhi [India], January 2 (ANI): The government should increase capital expenditure (capex) by 10-12 per cent in the upcoming Union Budget 2025-26 to ensure that it maintains its focus on infrastructure development and instils confidence among stakeholders said a report by Jefferies. The report emphasized that sustained capex growth is crucial for economic momentum, especially in a year of transition following election
TOKYO, Jan. 2 (Xinhua) -- Japan's NTT Docomo Inc. said Thursday it suffered a cyberattack that caused a website failure and some service disruptions, local media reported, following a series of similar incidents at major firms in the country recently.
Читать дальше...New Delhi [India], January 2 (ANI): The Niranjana (Phalgu) river has its special place in the cultural and religious heritage of India. This river, which originates from Chatra in Jharkhand and flows through Gaya in Bihar, is not just a stream of water but is a symbol of spiritual faith and cultural identity for the followers of Hinduism, Jainism and Buddhism. But with time, due to decreasing water flow, pollution, siltat
The driver was reportedly an army veteran, similar to the perpetrator of the New Orleans terrorist attack
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The driver was reportedly an army veteran, similar to the perpetrator of the New Orleans terrorist attack
Читать дальше...New Delhi [India], January 2 (ANI): A plea was moved in the Delhi High Court seeking directions for a platform where individuals could view a comprehensive list of all their financial assets--active, inactive, dormant, or inoperative--held across entities regulated by relevant authorities. The Division bench led by the acting Chief Justice has recently acknowledged that the petitioner has raised an important issue regardi
(250102) -- BEIJING, Jan. 2, 2025 (Xinhua) -- This photo taken on Jan. 4, 2024 shows a view of the frozen Neva River in St. Petersburg, Russia. Temperature in St. Petersburg, Russia's second largest city, dropped to minus 25.3 degrees Celsius on Jan. 4, 2024, a frost that the city has not seen in over 70 years. (Photo by Irina Motina/Xinhua)
LULING, Louisiana: Emergency personnel from the U.S. Coast Guard rescued the crew of a tugboat that sank into the Mississippi River following a collision with a tanker ship in Louisiana.
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HANOI, Jan. 2 (Xinhua) -- The State Bank of Vietnam has set a credit growth target for the banking system at 16 percent for 2025, higher than the 15 percent target for 2024, the Voice of Vietnam (VOV) reported Thursday.
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BEIJING, China: Huawei has slashed the prices of several high-end devices, including mobile phones, offering discounts of up to 3,000 yuan (US$411) during a weekend promotion on one of China's major e-commerce platforms.
Читать дальше...New Delhi [India], January 2 (ANI): Indian stock indices are on a strong footing at the start of 2025. The Sensex and Nifty rallied both on January 1 and January 2. At the time of filing this report, Sensex was at 79,752.03 points, up 1,244.62 points or 1.59 per cent. Experts stated that the upcoming Q3 results season will now decide the market's movement. Afterwards, the market is expected to shift focus towards expectat
Tehran [Iran], January 2 (ANI): Following the death sentence handed to Indian nurse Nimisha Priya in Yemen, a senior Iranian official has expressed Iran's willingness to assist on humanitarian grounds. The official stated, "On humanitarian ground, we are willing to do whatever we can."On December 31, 2024, Kerala LoP and Congress leader VD Satheesan urged both the central and state governments to take immediate steps to s
London [UK] January 2, (ANI): In the wake of the tragic terrorist attack in New Orleans, which claimed the lives of 15 innocent individuals and left dozens more injured, Altaf Hussain, the leader of the Muttahida Qaumi Movement (MQM), has expressed his heartfelt condolences and unwavering solidarity with the victims. In a post on X, Hussain conveyed his sympathy to the people affected by the horrific attack. He addressed
HONG KONG, Jan. 2 (Xinhua) -- Hong Kong's stock market ended lower Thursday with the benchmark Hang Seng Index down 2.18 percent to close at 19,623.32 points.
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(250102) -- CANBERRA, Jan. 2, 2025 (Xinhua) -- Participants' cars attend the city cruise during the Summernats car festival in Canberra, Australia, Jan. 2, 2025. (Photo by Chu Chen/Xinhua)
© Provided by Xinhua (241130) -- NEW YORK, Nov. 30, 2024 (Xinhua) -- Consumers walk by Black Friday sales signs at a store in Manhattan, New York, the United States, on Nov
New Delhi [India], January 2 (ANI): The government has significantly boosted employment in the past decade, creating nearly five times more jobs than during the United Progressive Alliance (UPA) era from 2004 to 2014, says Union Labour and Employment Minister, Mansukh Mandaviya citing data from the Reserve Bank of India (RBI) and Employees' Provident Fund Organisation (EPFO). Union Labour and Employment Minister, Mansukh