In March 2024, India's external debt reached $663.8 billion, showing a $39.7 billion increase from the previous year. The valuation effect and a decline in short-term debt share contributed to this change, with debt service ratio rising to 6.7% of current receipts. Additionally, the ratio of international financial assets to liabilities increased to 74.0%.
After ten trading sessions of consolidation, the market is showing signs of an upward breakout, signaling the potential start of a new trend.
India is presumed to have a reservation over China's involvement in a major project near its strategic Siliguri Corridor, also known as the Chicken's Neck, while Bangladesh's foreign ministry earlier said Dhaka would "take into cognizance the geopolitical issues" in proceeding with the proposal.
Goldman Sachs sells additional stake in RBA, the second within two weeks. On June 14, the firm sold shares worth Rs 43 crore at Rs 105.53 each, a 1.30% discount.
Nvidia Corp. shares showed signs of steadying after a $430 billion selloff sent traders searching for signals as to where the bottom may be.
Britannia Industries Limited reaffirms commitment to West Bengal, with plans to enhance business operations despite worker VRS acceptance. The company's managing director will visit to ensure no major impact on operations, emphasizing sustained manufacturing and the continued presence in Kolkata.
The report highlighted a significant shift in consumer spending patterns with a rise in value-seeking buyers, which is evident across consumer businesses. While the consumer may increase their spending on leisure activities, suggesting a good performance for the aviation and hotel industries in FY2024-25, it added.
Efforts to safeguard devotees and ensure timely completion of the temple construction continue amidst challenges. Protective measures for rainwater and sunlight are in place, with a focus on finishing the first floor by July and the entire construction by December.
BJP observed June 25 as a “Black Day” and organised programmes at several places to slam the Congress. Congress leader Rahul Gandhi and Akhilesh Yadav (SP) waived pocket versions of the Constitution when Modi took oath as a Lok Sabha member on Monday. Other Opposition members also flashed copies of the Constitution in Parliament House on various occasions.
A top secret US naval submarine was spotted on Google Maps before it was removed. The US has been conducting sea trials and this undersea drone is multi-purpose and may be deployed soon.
A 13-year-old kid, Oran Knowlson from Somerset is the first to test a neurostimulator device for severe epilepsy. Three more Lennox-Gastaut syndrome kids will have the deep brain neurostimulator fitted.
Shifty Shellshock's death has shocked fans as "Crazy Town" lead singer has passed away at his residence.
According to the report, nearly 43 per cent of the surveyed farmers lost at least half of their standing crops. Rice, vegetables, and pulses were particularly affected by uneven rainfall. In the northern states, paddy fields often remain submerged for more than a week, destroying newly planted seedlings.
iDEX has significantly impacted the defence ecosystem by fostering start-ups, creating job opportunities, and facilitating procurement worth over Rs 2,000 crore, showcasing a commitment to innovation and technology advancement.
The cast members of 'The Challenge 40: Battle of the Eras', Era 1 include Aneesa Ferreira, Brad Fiorenza, Chris “C.T.” Tamburello, Darrell Taylor, Derrick Kosinski, Jodi Weatherton, Katie Cooley, Mark Long, Rachel Robinson, and Tina Barta.
Acting as a key indicator for traders and investors, this measure helps evaluate a stock's current worth and predict potential future price trends.
Electric car sales surged in FY24, with a forecast of 1.3-1.5 lakh units in FY25. The PV industry expects moderate growth, driven by SUV sales and premium vehicle demand, despite challenges in the entry-level segment.
It was a rather sad moment for MMA fighter Lukas Bukovaz who lost two very important things in a single night. For starters, he lost a crucial bout against Jan Michalek and then got rejected by his girlfriend when he proposed her for marriage in the same night.
Speaking at the international workshop on GNSS-based electronic toll collection in India, union minister for road transport and highways Nitin Gadkari said since commercial vehicles including trucks account for 75% of annual toll revenue it is important that the new system is implemented on commercial vehicles first. India’s toll collection stood at Rs 64,809.86 crore in 2023-24 as against Rs 48,028.22 crore in 2022-23, an increase of 34.9%.
In an advisory on Tuesday, the ministry directed all permitted broadcasters to follow the policy guidelines in letter and spirit by ensuring that the operations and core functions of the channel are managed by the permission holder only. "Therefore, it is hereby clarified that the letting of the channels to any third party, including the group entities, without the prior permission of the ministry is not allowed as per the existing policy guidelines," the MIB advisory reads.
The BRICS Tourism Forum in Moscow facilitated collaboration and the formation of the BRICS Tourism Working Group to enhance sustainable tourism among member countries, showcasing the growth potential of the tourism sector.
US Election 2024: Former US President Barack Obama has been actively involved in the upcoming US Presidential polls. He has extended his support to Biden and has been in regular touch with the democrats. He has helped in fund raising activities, advising on various policy matters and sharpening the political campaign against Trump.
Expanding capacity to become a top global suit maker, I strategically cater to new markets. With a focus on high-value garments, my facilities in India and Ethiopia meet the strong demand from the US, UK, and European markets. This expansion boosts domestic manufacturing and aligns with the Make in India initiative.
