Get the latest news updates and breaking news stories from the Business triggered by the first post of the day.Disclaimer: This is an automatically generated live blog and has not been edited by News24 Team.
Live Feed
Share Market Today: How Indian Equity Indices Reacted To US Fed’s Rate Cut? Check Details
Experts had earlier predicted that Indian stock markets (Sensex and Nifty) trade lower today, affecting by global cues after the US Fed’s rate cut. Read the full story here
FM Says Rs 14,000 Crore Repaid To Banks From Vijay Mallya’s Assets Sale – Check His Reaction
In the case of Nirav Modi, another fugitive businessman, 1,052.58 crores have been repaid to public and private sector banks through the asset sale. Furthermore, Rs 2,565.90 crores have been repaid through the asset sale of Mehul Choksi and others, the Finance Minister said. Read the full story here
India Set For 12-fold Increase In Energy Storage Capacity To 60 GW By FY32: SBI Report
Battery Energy Storage Systems (BESS) and Pumped Storage Projects (PSP) are expected to dominate the energy storage market, with BESS, in particular, emerging as the dominant technology due to its locational flexibility, rapid response time, and improvements in technology that are further reducing costs. Read the full story here
Adani Group Unveils Bold New Narrative For ‘Hum Karke Dikhate Hain’ Campaign – Details Inside
The inaugural film of the campaign, "Pehle Pankha Phir Bijli" (First Fan, Then Electricity), developed by Ogilvy India, tells the heartwarming story of a young boy who, against all odds and facing ridicule, believes a fan can bring electricity to his village. Read the full story here
Share Market Today: Sensex Falls 1,000+ Points After US Fed’s Rate Cut – Details Inside
The US Federal Reserve (US Fed) has cut its benchmark interest rate by 0.25% to a range of 4.25-4.50%. The decision was made after a two-day meeting. Read the full story here
US Fed Cuts Benchmark Rate By 0.25%: What It Means For India’s Economy?
This is the final interest rate decision before President Joe Biden hands over the presidency to President-elect Donald Trump. Notably, Trump's economic prospect includes major changes like tariff hikes and the deportation of millions of undocumented workers. Read the full story here
Gold Price Today: Good News! Yellow Metal Prices Fall – Check Rates In Chennai, Bengaluru & More
Contrary to popular belief, gold prices in India aren't solely driven by physical gold demand and supply. Instead, they're significantly influenced by trading activities on major global markets, including the London OTC spot market and the COMEX gold futures market. Read the full story here
