Goldman Sachs highlighted two critical challenges ahead of the Union Budget for the financial year 2025-2026 (FY26) namely managing fiscal consolidation and prioritizing government spending.
At close, the Sensex was down 1,048.90 points or 1.36 per cent at 76,330.01, and the Nifty was down 345.55 points or 1.47 per cent at 23,085.95.
The retail inflation, measured by the Consumer Price Index (CPI) in November, fell from a 14-month high of 6.21% in October.
South Korea's manufacturing sector, including semiconductors and the auto industry, is expected to suffer a decrease in sales in the first quarter amid heightened economic uncertainties, data showed on Sunday.
Led by technology companies, the total market capitalisation of top 50 firms in the Asia-Pacific (APAC) region surged to $8.1 trillion in 2024, reflecting a 20.6 per cent year-on-year increase, according to a new report.
The Union Cabinet on Monday approved the continuation of the Atal Innovation Mission (AIM) with an enhanced scope of work and an allocated budget of Rs 2,750 crore for the period till March 31, 2028.
After the indictment by the US Securities and Exchange Commission (SEC), the rating agency Fitch has revised the outlook on four Adani group firms from “stable” to “negative”.
Hiring in the Indian tech sector rebounded in the second quarter (Q2) this fiscal, with demand for entry-level talent making up 59 per cent of job listings, according to a report on Monday.
The government has formed a committee to suggest a framework for providing social security and welfare benefits to gig and platform workers, the Parliament was informed on Monday.
India's retail inflation jumped in October 6.21 per cent, a 14-month high, driven by elevated food inflation in a few vegetables.
