Business
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Rupee falls 12 paise to 83.56 against US dollar in early trade
Mumbai: The rupee depreciated 12 paise to 83.56 against the US dollar in early trade on Tuesday, weighed down by the strengthening of the American currency in the overseas markets and elevated…
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Sensex, Nifty at all-time, FPI and rate cut probability fuelling bull run
Mumbai: The performance of the Indian equity indices has been stellar so far in 2024 due to the ongoing rally in the stock market. Sensex and Nifty both posted nearly 10 per…
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SEBI issues show-cause notice to Hindenburg, Nathan Anderson over Adani report
Mumbai: The Securities and Exchange Board of India (SEBI) has issued a show-cause notice to Hindenburg Research, Nathan Anderson and the entities of Mauritius-based foreign portfolio investor (FPI) Mark Kingdon for trading…
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Indian fast fashion industry poised to reach over $50 billion by FY31: Report
Bengaluru: Driven by millennials and Gen Z population, the Indian fast fashion industry is projected to reach a massive $50 billion market by FY31, a report showed on Tuesday. In FY24, the…
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AI-driven Indian platform HireMee joins Rockefeller Foundation to mentor youth for jobs
Bengaluru: AI-enabled talent assessment and hiring platform HireMee on Tuesday said it has joined US-based Rockefeller Foundation’s Global Mentorship Initiative (GMI) to bridge the gap between graduation and first career jobs for…
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Apple brings new features, language support via iOS 18 for users in India
New Delhi: To woo users in India, Apple has brought additional features via its iOS update to improve the experience across phone and communication with support for new Indian fronts and numerals,…
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Sensex trades flat after opening at all-time high
Mumbai: Indian equity indices were traded flat on Tuesday after opening at a record high. Sensex and Nifty made a new all-time high of 79,855 and 24,236 respectively. At 9:42 a.m., Sensex…
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Koenigsegg Jesko Absolut sets speed records, hits 412.72 km/h
On Thursday, June 27th, 2024, at an airfield in Örebro, Sweden, a Koenigsegg Jesko Absolut driven by factory test driver Markus Lundh set several new world records for a fully homologated production…
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UPI transactions surge 49 per cent YoY at 13.89 billion in June
New Delhi: The Unified Payments Interface (UPI)-based transactions reached 13.89 billion in June, surging 49 per cent on a year-on-year (YoY) basis, data by the National Payments Corporation of India (NPCI) showed…
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97.87 pc of Rs 2000 banknotes have now been returned: RBI
Mumbai: The Reserve Bank of India (RBI) on Monday said that 97.87 per cent of the ₹2000 banknotes that were in circulation as of May 19, 2023, when their withdrawal was announced,…
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Sensex, Nifty trade higher on positive global cues
Mumbai: Indian equity indices opened in the green on Monday following positive global cues. At 9:40 a.m., Sensex was at 79,197, up 165 points or 0.21 per cent and Nifty was at…
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Shift focus from midcap and small cap to large cap
New Delhi: Markets in the week went by shifted gears dramatically from Tuesday and for the next three days, there was high-speed driving at the bourses. This resulted in big gains and…
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SK Group to secure USD 58 billion for AI, chip investments by 2026
Seoul: SK Group, South Korea’s chip-to-construction conglomerate, said on Sunday that it will secure 80 trillion won ($58 billion) by 2026 for investments, mainly in artificial intelligence and semiconductors. Some 20 chief…
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Indian equity markets surge nearly 14 pc in June quarter, leads in world top 10
Mumbai: Indian stock indices gave a stellar performance in the June quarter of FY 2024-25. During the April- June period, Indian stock market capitalisation increased by 13.8 per cent, the highest among…
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Market Outlook: PMI data, budget & auto sales key triggers for this week
Mumbai: Indian equity indices closed with gains last week despite mixed cues from global peers. Frontline indices both Sensex and Nifty posted gains of more than 2 per cent making their fourth…
