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Thursday, April 17, 2025

Sensex soars 3k points in 3 days to top 78k, erases year’s losses

Despite Wall Street's turmoil fueled by trade war anxieties and cautious Fed remarks, Indian stock markets witnessed a significant rally. Banking and financial stocks, along with Reliance Industries, spearheaded the surge, reversing an early decline. Positive monsoon forecasts and easing inflation ignited hopes for RBI rate cuts, attracting substantial foreign investment and boosting investor wealth.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cMniaOE

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Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...