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Economic Buzz: Bank of England cuts rates by 25 basis points to around three-year low

Mumbai, Dec. 19 -- The Bank of England cut its benchmark rate for the fourth time this year yesterday. The Monetary Policy Committee, governed by Andrew Bailey, voted 5-4 to reduce the bank rate by 25... Read More


Economic Buzz: ECB keeps interest rates steady, lifts inflation projection for next year to 1.9%

Mumbai, Dec. 19 -- The European Central Bank (ECB) kept its key interest rate unchanged for the fourth policy meeting in a row yesterday. The Governing Council, led by ECB President Christine Lagarde,... Read More


Patel Engineering surges after signing MoU to revive 144 MW Gongri Hydropower project

Mumbai, Dec. 18 -- The Gongri Hydroelectric Project, located near Dirang town on the Gongri river, a tributary of the Bichom river in the Kameng basin, had been previously terminated but was revived u... Read More


Sun Pharma declines after US FDA classifies Baska facility inspection as OAI

Mumbai, Dec. 18 -- The American drug regulator had inspected the company's facility from 8 September 2025 to 19 September 2025. The US FDA has subsequently determined that the inspection classificatio... Read More


Bajaj Electricals plans to foray into solar solutions biz

Mumbai, Dec. 18 -- This strategic initiative is expected to support expansion and diversification of the company's business operations and its sustainable growth. The company plans to initially launc... Read More


EUR/USD off one-week low but tepid inflation data could cap advances

Mumbai, Dec. 18 -- Euro slipped yesterday, breaking under 1.1800 mark against the US dollar and testing a one-week low of 1.1750 before witnessing a recovery. EUR/USD pair has been mostly trending up ... Read More


US 20-year bond auction sees high yield of 4.79%

Mumbai, Dec. 18 -- The US Treasury Department announced the results of this month's auction of $13 billion worth of twenty-year bonds yesterday, reporting that the sale attracted above average demand.... Read More


Barometers pare losses; Nifty trades above 25,850 mark

Mumbai, Dec. 18 -- Key equity benchmarks recovered from early losses to trade marginally higher by mid-morning, though market sentiment remained cautious as the indices headed toward a fourth straight... Read More


Economic Buzz: Indonesias economy resilient amid global uncertainty, says World Bank

Mumbai, Dec. 18 -- World Bank stated in a latest update that Indonesia's economy grew 5.0% in the first nine months of 2025, and growth is projected to remain around this level through 2026 and 2027, ... Read More


India's pharmaceutical market expected to double to approximately $130 billion by 2030

Mumbai, Dec. 18 -- India's domestic pharmaceutical market is currently estimated at around USD 60 billion and is expected to double to approximately USD 130 billion by 2030, reflecting the sector's sc... Read More