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Financial Times [3] terms a double-digit percentage fall in the stock markets over five minutes as a crash, while Jayadev et al. describe a stock market crash in India as a "fall in the NIFTY of more than 10% within a span of 20 days" or "difference of more than 10% between the high on a day and the low on the next trading day" or "decline in ...
The gross domestic product (GDP) decreased at an annual rate of 1.6 percent in the first quarter of 2022, according to the "third" estimate released by the Bureau of Economic Analysis. [9] By June 16, 2022, the S&P had fallen 23.55% from 4,796 to 3,666, though it was unknown if the index would plunge below the level.
The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy.
Here's what else happened today: The Polymarket 'whale' is placing as many as 71 bets a minute in favor of Trump. Russia's frozen assets are being used by the UK for a $3 billion loan to Ukraine.
The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.
The NIFTY 50 index covers 13 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. As of July 2024, NIFTY 50 gives a weightage of 32.76% to financial services including banking , 13.76% to information technology , 12.12% to oil and gas , 8.46% to consumer goods , and 8.22% to automotive .
High-yield savings rates for December 23, 2024. Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.05% APY with no minimums at ...
“This might be the market’s first steps toward a ‘new normal’– a world where inventory remains rather scarce by pre-pandemic standards, but buyers are not exactly swarming the doorway of ...