Chequered Flag Nov. 29: Headlines At A Glance

Photo Credit: Freepik

Today's important headlines include slow GDP growth, fiscal deficit updates, declines in foreign exchange reserves, and more.

Updated On 09:41 PM IST, 29 Nov 2024

GDP Growth Slows To 5.4%

India's gross domestic product (GDP) recorded a growth of 5.4%, marking its slowest expansion in seven quarters, down from 6.7% in the prior quarter.

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Fiscal Deficit Reaches 46.5% Of FY25 Target

The Union government's fiscal deficit has reached 46.5% of the budget target by the close of the first seven months of the financial year.

Photo Credit: Surat Singh/NDTV Profit

Eight Core Sectors Grow 3.1% In October

The index measuring eight core industries increased by 3.1% in October, showing improvement from the 2% growth experienced in September.

Photo Credit: Iakov Filimonov/Freepik

Forex Reserves Fall To $656.58 Billion

As per the Reserve Bank of India (RBI), the nation's foreign exchange reserves fell to $656.58 billion for the week ending November 22.

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Nifty, Sensex Rise for Second Week

The NSE Nifty 50 concluded the trading session up by 0.91%, or 216.95 points, closing at 24,131.10, while the BSE Sensex saw a rise of 0.96%, or 759.05 points, finishing at 79,802.79.

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RBL Bank, Bajaj Finance Halt New Co-Branded Credit Cards

Both RBL Bank and Bajaj Finance have announced the suspension of new issuances of co-branded credit cards.

Photo Credit: Vijay Sartape/NDTV Profit

Aster DM, Quality Care To Merge

Aster DM Healthcare will 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

Promoters Samina Hamied and Rumana Hamied of Cipla will exit the company by offloading stakes valued at Rs 2,004 crore through a block deal set for Monday.

Photo Credit: NDTV Profit

GDP, Fiscal, Forex, Markets, Merger, Finance