Asia

Credit card usage in India grows as consumers finance consumption needs

Credit card usage in India grew at 34 per cent in the September quarter of 2024, compared to 26 per cent in the same period in 2023, as consumers increased spending on their existing credit cards to finance their consumption needs, according to a report on Monday.

Jan 27, 2025

Indian stock market opens flat, PSU bank shares lead

Market Outlook: Budget, Q3 results, global economic cues key factors for next week

The Indian stock market outlook for the next week will be guided by the Union Budget, q3 results and global economic cues such as crude oil price, dollar index and US GDP growth rate data.

Jan 26, 2025

Sensex snaps five-day losing streak, Nifty closes above 24,300

Eventful week for Indian stock markets, budget holds key for directional breakout

Bulls made several attempts to bounce back but the overall sentiment remained weak as Nifty slipped for the third consecutive week amid geo-political uncertainties.

Jan 25, 2025

Stock market ends lower as global optimism fails to lift investors' mood

Indian stock markets remained volatile on Friday as selling pressure at higher levels weighed on benchmark indices.

Jan 24, 2025

Indian stock market opens higher, IT sector shows promise post Q3 earnings

Indian benchmark indices opened higher on Friday, extending gains to day three this week, as Nifty Bank, auto, FMCG and IT sectors led the morning trade.

Jan 24, 2025

3 dead during car test at Hyundai Motor plant in South Korea

Hyundai Motor's 2024 net income up 7.8%, aims to sell 4.17 mn units this year

Hyundai Motor, South Korea's leading automaker, said on Thursday its net profit for 2024 rose 7.8 per cent from a year earlier owing to an increase in the global demand for eco-friendly vehicles.

Jan 23, 2025

India's construction sector projected to scale $1.4 trillion by 2047; experts focus on green tech

India's construction sector, which is growing exponentially, is projected to reach $1.4 trillion by 2047, according to Shailesh Kumar Agarwal, Executive Director, Building Materials and Technology Promotion Council under the Ministry of Housing and Urban Affairs.

Jan 23, 2025

Sensex ends lower ahead of US Fed rate decision, Nifty at 24,198

Indian stock markets open lower amid mixed Q3 earnings

In the early trade, Nifty fell 0.28 per cent to 23,090, while the 30-stock Sensex declined 0.27 per cent to 76,202.

Jan 23, 2025

HDFC Bank clocks 2.2 pc net profit growth in Q3, gross NPA deteriorates

India's largest private lender HDFC Bank on Wednesday reported a 2.2 per cent rise in its net profit for Q3 this fiscal, as its gross non-performing assets (NPA) ratio rose during the quarter.

Jan 22, 2025

NSE's total unique investors base crosses 11 crore for first time

Total unique investors' base (unique PANs) on the National Stock Exchange (NSE) crossed the 11-crore mark for the first time, and total client accounts registered with the exchange now stands more than 21 crore, it was announced on Wednesday.

Jan 22, 2025

Sensex jumps 566 points, Nifty holds at 23,000 as US tariff fears ease

Sensex recovers 566 points, Nifty holds at 23,000 as fears of Trump tariffs ease

The Indian stock market witnessed a roller-coaster ride on Wednesday, as benchmark indices Sensex and Nifty bounced back strongly in the latter half of the day after uncertainties over impending US trade tariff eased.

Jan 22, 2025

Indian stock market: Sensex, Nifty open higher as US tariff uncertainties ease

The Indian benchmark indices opened higher on Wednesday, a day after uncertainties around US President Donald Trump's trade tariffs triggered a huge fall.

Jan 22, 2025

Sensex and Nifty plunge over 1 per cent amid mixed cues, realty shares drag

Trump 2.0 jitters: Sensex tanks over 1,200 points, Nifty ends at 23,024

As the new US President Donald Trump began his second innings with signing several executive orders along with sounding threats about impending trade tariffs on certain countries and BRICS nations, both Sensex and Nifty plunged.

Jan 21, 2025

Indian stocks indices open flat as Trump avoids tariffs on Day 1

The Nifty 50 was up 0.25 per cent while the 30-stock BSE Sensex was higher by 0.09 per cent, as of 9:18 a.m.

Jan 21, 2025

Paytm reports Rs 208 crore loss in Q3, revenue down by 36 pc

Paytm's parent company One97 Communications Limited has clocked a loss of Rs 208 crore in the third quarter of FY25, from Rs 222 crore in the same quarter last year.

Jan 20, 2025

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