India has gained the top spot for both manufacturing and services activity globally, according to JP Morgan’s latest purchasing Managers’ Index (PMI) report for April 2025.The manufacturing PMI stood at a strong 58.2, with an even higher services PMI even higher at 58.7, pulling the strongest readings across both developed and emerging markets.PMI trends globallyIndia,…
The temporary suspension of operations, was earlier supposed to last until 05:29 hours of May 15. (AI image) India-Pakistan ceasefire impact on air travel: The government has decided to lift the Notices to Airmen (NOTAMs) for several airports across north and north-western India that had been temporarily closed for civilian flights till May 15.The decision…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, rallied strongly in opening trade on India-Pakistan ceasefire and US-China trade deal progress. Both indices rallied over 2% cheered by domestic stability and favourable global news.While Nifty50 went above 24,700, BSE Sensex crossed 81,800 mark. At 11:04 AM,…
Gold prices remained volatile throughout last week, influenced by a mix of economic signals. (AI image) Gold price prediction today: What’s the outlook for goldprices in the week starting May 12, 2025? Gold prices have experienced recent declines following their historic peak levels. Investors interested in gold should monitor international indicators and develop appropriate investment…
Stocks across Asia surged on Monday as investors’ sentiments were boosted by signs of easing tensions between the United States and China after a weekend of high-level trade talks.Benchmark indexes in Japan and South Korea edged higher in early morning trading, while US futures pointed to a strong start on Wall Street, with the S&P…
CII President and ITC Ltd. Chairman & Managing Director Sanjiv Puri (PTI file photo) CII president and ITC chairman and MD Sanjiv Puri says lowering tariffs through trade agreements must be accompanied with domestic reforms to boost competitiveness. He also argues that GST rationalisation and further rate cuts will stimulate demand. Excerpts:What will be your…
Nomura has maintained its buy rating on CG Powerbut has cut the target price to Rs 825 from Rs 900 earlier. Analysts said that while the company beat analysts’ estimates on inflows, its railway business dragged down its margin. They feel demand tailwinds are intact for power systems.However, the company is gaining market share in…
India’s GDP is projected to grow at 6.5 per cent in the current fiscal year, with the economy resilient enough to withstand short-term geopolitical disruptions, CII President Sanjiv Puri has said. Speaking to PTI, he emphasised the need for India to strengthen its trade position by pursuing bilateral agreements, especially amid the rising trend of…
Godrej Properties is set to launch residential projects worth Rs 40,000 crore in the financial year 2025-26 as part of its strategy to expand operations and boost its market share. The company aims to maintain its position as the top listed real estate developer in terms of sales bookings, according to Executive Chairperson Pirojsha Godrej.In…
Sebi has observed that individuals’ activity in index options within the derivatives segment has not declined as much as expected and may take further action after a deeper review, sources told news agency PTI.The capital markets regulator examined activity between December 2024 and March 2025 and found that although there has been a year-on-year drop,…
