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«India's export trade expansion has been impressive in spite of global challenges in 2023,» the official said. India's merchandise exports have recorded healthy growth in European nations like Romania, Czech Republic, Montenegro, Finland, the Netherlands, Portugal, Luxemburg, Iceland, Ireland, and Austria.

India's Ayurveda product market is projected to reach USD 16.27 billion or Rs 1.2 lakh crore by FY28 from USD 7 billion or Rs 57,450 crore at present, according to a study. Ayurveda product market has experienced significant growth due to rising demand for natural and herbal remedies in local and international markets, increase in ayurvedic medical practitioners, government initiatives, and emergence of new entrepreneurs, Ayurveda tech startup NirogStreet said. Citing a survey, NirogStreet said the Ayurveda product market in India is expected to grow significantly, with projections indicating a substantial increase in market value to Rs 1,20,660 crore (USD 16.27 billion) by FY28. According to NirogStreet survey, the overall market for Ayurveda products and services is expected to grow at a CAGR of 15 per cent from FY23 to FY28, with the product and service sectors growing at a CAGR of 16 per cent and 12.4 per cent, respectively.

Stocks to buy today after RBI monetary policy: The Reserve Bank of India (RBI) left the repo rate unchanged at 6.50 percent for the seventh straight Monetary Policy Committee (MPC) meeting. However, stock market experts look at this RBI move as an opportunity for long-term investors who want to buy banking and financial stocks.

Shaktikanta Das on Friday proposed to permit 3rd party UPI apps to make payments and cash deposits at Cash Deposit Machines (CDMs) using UPI (Unified Payments Interface). Addressing the RBI MPC meet 2024 today, Das said, “Deposit of cash through CDMs is primarily being done through debit cards. Given the experience gained from cardless cash withdrawal through the UPI at the ATMs, it is now proposed to facilitate the deposit of cash in CDMs using UPI." “This will enhance customer convenience, and make the currency-handling process at banks more efficient," the RBI Governor added.

RBI monetary policy 2024: In its first bi-monthly committee meeting for FY24–25, the Reserve Bank of India (RBI) maintained the real GDP growth forecast for the current fiscal year at 7%. The GDP growth target for Q1 FY25 was adjusted to 7.1% from the previous 7.2%, while for Q2 FY25, it was revised to 6.9%, up from the previous forecast of 6.8%. The growth rate for Q3 FY24 remains unchanged at 7% from previous forecasts.

exchange-rate moves were undesirable, reiterating the government's resolve to take appropriate actions against sharp yen falls. «It's important for currency rates to move stably reflecting fundamentals. Excessive volatility is undesirable. We're looking at market moves with a high sense of urgency,» Suzuki told reporters when asked about the yen's recent declines.

'We lost almost everything': Indians recall horror during Taiwan earthquake Furthermore, 660 people have been stranded due to road damage and 1,067 have been injured severely. Notably, strict building regulations and widespread public disaster awareness appear to have staved off a major catastrophe on the island. Will Taiwan's earthquake create another chip shortage? Here's all to know Prime Minister Narendra Modi on the X platform wrote that India stands in solidarity with the people of Taiwan.

Ford Motor Co. on Thursday delayed the production of at least two new electric cars and said it would pivot to making more hybrids. Its decision was the latest sign that large automakers have been forced to rethink their strategy for electric vehicles because sales for those models are slowing. The shift by Ford and automakers such as General Motors and Mercedes-Benz, which have also pushed back their electric car plans, has been prompted largely by the companies' difficulties in making and selling enough electric cars and doing so profitably. Sales of such vehicles are still growing but the pace has slowed sharply in recent months as automakers have tapped out many of the early adopters who were willing to spend more than $50,000 on a new battery-powered car. Because they are still learning how to make the cars and their batteries at lower cost, the companies have not been able to bring out more affordable models.

Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns over tightening supply, and optimism about global fuel demand growth as economies improve. Brent crude climbed 49 cents, or 0.5%, to $91.14 a barrel by 0108 GMT. U.S. West Texas Intermediate crude was at $86.96 a barrel, up 37 cents, or 0.4%.

Senior finance and central bank officials from Southeast Asia and major economies are meeting in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disaster...

Argentina says that it had cut 15,000 state jobs as part of President Javier Milei’s aggressive campaign to slash spending

Treasury Secretary Janet Yellen has arrived in a China for five days of meetings in a country that's determined to avoid open conflict with the United States

U.S. stocks slumped after a Federal Reserve official raised the possibility of delivering none of the cuts to interest rates this year that Wall Street has been banking on, if inflation worsens

The number of Americans applying for jobless benefits rose to their highest level in two months last week, but layoffs remain at historically low levels as the labor market continues to chug along despite elevated interest rates

Nigerian authorities has asked in court for cryptocurrency exchange Binance and two of its executives to be tried for alleged money laundering and tax evasion, the first legal step following weeks of a criminal investigation into the trading platform

The transition from Web2 to Web 3 represents a significant evolution in the architecture, functionality, and philosophy of the internet.  While some are unsure about the challenges and uncertainties of Web3, we are witnessing technological advancements, market forces, and social trends that make the mass-adoption of Web3 an inevitability.   The Sharp Platform is a Web3 Platform-as-a-Service (PaaS) which will lower the barrier of entry for organizations and developers looking to participate in the Web3 economy and to leverage Web3 technologies to build innovative, secure, decentralized applications and services.     

The Canadian dollar looks set to take a dive this summer, or at least to remain weak for some time to come.

Canadian housing prices could reach a new record by 2026, driven by unrelenting demand from a growing population, according to an outlook published by the national housing agency on Thursday.

The rate market is on edge, pending Friday’s pivotal employment reports north and south of the border. Bondholders are hungry for signs of a moderating economy. And if the job numbers flex too much muscle, expect traders to pump up bond yields, with mortgage rates feeling the burn.

US Federal Reserve remain in disagreement on a subject crucial to asset prices and economic growth: how low interest rates will eventually go. Betting against the Fed is a fraught endeavor. Nonetheless, in this case I think the market is right.

J P Nadda Thursday asked the people of Uttarakhand to again give all the five Lok Sabha seats in the state to the BJP to help Narendra Modi return as prime minister for a third term and make India the third biggest economy in the world. «It is your national responsibility,» Nadda told his first election meeting at Pithoragarh in the state in support of Ajay Tamta, the BJP candidate from the reserved Almora Lok Sabha seat. Prime Minister Modi made the country the fifth biggest economy in the world despite the challenges of the Covid pandemic and the Russia-Ukraine war, he said. «If you help him get a third term as PM by ensuring the BJP's victory in all the five seats, he will make India the third biggest economy,» Nadda said.