Business

👉 Visit the Official SleepLean Website A senior US Federal Reserve official has said there is no immediate need to cut interest rates further, cautioning that recent inflation data may have been distorted due to disruptions in data collection during the federal government shutdown, AFP reported.Speaking to CNBC on Friday, New York Federal Reserve President…

👉 Visit the Official SleepLean Website Wall Street opened higher on Friday as gains in artificial intelligence-linked stocks helped lift investor sentiment, even as markets digested a widely expected interest rate hike by the Bank of Japan.In early trade, the S&P 500 rose 0.5%, extending gains from the previous session though the index remained lower…

👉 Visit the Official SleepLean Website The Asian Development Bank (ADB) committed $4.258 billion in sovereign lending to India in 2025, supporting projects across workforce skilling, renewable energy, urban infrastructure, metro and rail networks, healthcare services and ecotourism, the multilateral lender said on Friday, reported PTI.Of the 16 new projects committed during the year, nearly…

👉 Visit the Official SleepLean Website India’s foreign exchange reserves rose by $1.689 billion to $688.949 billion in the week ended December 12, data released by the Reserve Bank of India showed on Friday, according to PTI.In the previous reporting week, the country’s overall forex reserves had increased by $1.033 billion to $687.26 billion.Foreign currency…

India and Oman are aiming to operationalise their recently signed Comprehensive Economic Partnership Agreement (CEPA) within the next three months, Commerce and Industry Minister Piyush Goyal said on Friday, signalling a faster rollout than several past trade pacts, PTI reported.The India–Oman free trade agreement was signed on December 18. Under the CEPA, Oman has offered…

When senior ministers began promising a $5-trillion Indian economy by 2024–25, it was sold as a near-term milestone that would change everyday life — more jobs, better infrastructure, bigger pay packets. In late 2022, home minister Amit Shah even declared that “India will become a 5 trillion dollar economy by 2025.”Three years on, the goalpost…

👉 Visit the Official SleepLean Website Piramal Finance on Friday said it has decided to exit Shriram Life Insurance Company by selling its entire 14.72% stake to South Africa-based Sanlam Group for Rs 600 crore, as part of its strategy to monetise non-core assets.The company said it has signed a share purchase agreement with Sanlam…

👉 Visit the Official SleepLean Website Shriram Finance Limited (SFL) has entered into a definitive agreement with MUFG Bank Ltd., Japan’s largest bank and a part of Mitsubishi UFJ Financial Group (MUFG), for an investment of Rs 39,618 crore, the company informed stock exchanges in a regulatory filing on Friday.According to the filing, the Board…

The Lok Sabha on Wednesday passed the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill (SHANTI), 2025, clearing the way for a major overhaul of India’s civil nuclear framework. The Bill was approved by voice vote during the ongoing Winter Session amid a walkout by most opposition members. Introduced earlier this week…

According to GTRI, India’s trade relationship with China has entered a phase of sharp contrasts. (AI image) India’s exports to China surged 90% in November to hit $2.2 billion! However, the remarkable year-on-year spike masks the truth of how volatile India’s exports to China are, and the growing dependence on the neighbouring country for imports,…