Chequered Flag Nov. 29: Headlines At A Glance
Photo Credit: Freepik
Today's significant news includes a slowdown in GDP growth, an increase in the fiscal deficit, a decline in foreign exchange reserves, and ups and downs in the stock market.
GDP Growth Slows To 5.4%
India's gross domestic product (GDP) recorded a growth of 5.4%, marking the slowest growth rate in seven quarters, a reduction from 6.7% in the previous quarter.
Photo Credit: Freepik
Fiscal Deficit Reaches 46.5% Of FY25 Target
The fiscal deficit of the Indian government has climbed to 46.5% of the budgetary target within the first seven months of the financial year.
Photo Credit: Surat Singh/NDTV Profit
Eight Core Sectors Grow 3.1% In October
In October, the index representing eight core industries registered growth of 3.1%, a rise from 2% in September.
Photo Credit: Iakov Filimonov/Freepik
Forex Reserves Fall To $656.58 Billion
The latest data from the Reserve Bank of India shows that the country's foreign exchange reserves have decreased to $656.58 billion as of the week ending November 22.
Photo Credit: Freepik
Nifty, Sensex Rise for Second Week
The Nifty 50 index on the NSE ended the week up by 0.91%, which amounts to an increase of 216.95 points, bringing it to 24,131.10. Meanwhile, the BSE Sensex closed up 0.96% or 759.05 points at 79,802.79.
Photo Credit: Freepik
RBL Bank, Bajaj Finance Stop Issuing New Co-Branded Credit Cards
RBL Bank and Bajaj Finance have announced a halt in the issuance of new co-branded credit cards.
Photo Credit: Vijay Sartape/NDTV Profit
Aster DM, Quality Care To Merge
Aster DM Healthcare is set to merge with Quality Care India, which is backed by Blackstone and TPG, through a share-swap agreement.
Photo Credit: Aster DM Healthcare website
Cipla Promoters To Exit Via Rs 2,000-Crore Block Deal
The promoters of Cipla, Samina Hamied and Rumana Hamied, will be exiting their positions by offloading shares worth Rs 2,004 crore through a block deal scheduled for Monday.
Photo Credit: NDTV Profit
For additional updates and information, visit Wikipedia.
GDP, Finance, Market