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The Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty ended nearly 1% higher on Thursday, continuing their rally for the second straight day as Prime Minister Narendra Modi is poised to form the government for the third consecutive term. Regaining the 75,000 level, the 30-share BSE…
Read More “Stock markets extend rally to 2nd day on easing political worries” »
The countries agreed to coordinate the respective countries’ bio policies, regulations, and research and development support measures. File | Photo Credit: Reuters South Korea, India, the United States, Japan, and the European Union (EU) have come together to launch an alliance to put joint efforts into building a resilient supply chain in the biopharmaceutical sector,…
Read More “India, S. Korea, US, Japan, EU launch Biopharmaceutical Alliance” »
Image for representational purposes only. | Photo Credit: Reuters The story so far: In order to tackle any impact on the price of a scrip because of a market rumour, the Securities and Exchange Board of India (SEBI) on May 21 introduced a framework centred around its ‘unaffected price.’ The metric would help obtain the…
Read More “SEBI’s framework to shield stock prices against market rumours: Explained” »
On Wednesday, the domestic currency settled 7 paise higher at 83.44 against the dollar. File. | Photo Credit: Reuters The rupee inched up 1 paisa to 83.43 against the U.S. dollar in early trade on June 6 on the back of a weak American currency and positive domestic equity markets. Forex traders said an upward…
Read More “Rupee rises 1 paisa to 83.43 against U.S. dollar in early trade” »
A man watches the display screen as Sensex opens in Mumbai. | Photo Credit: ANI Benchmark equity indices Sensex and Nifty began the trade on a buoyant note on June 6, continuing to rally for the second day running, after leaders of the BJP-led National Democratic Alliance (NDA) unanimously elected Narendra Modi as their leader….
Read More “Markets extend winning momentum to second day running” »
A United Launch Alliance Atlas V rocket carrying two astronauts aboard Boeing’s Starliner-1 Crew Flight Test (CFT), is launched on a mission to the International Space Station, in Cape Canaveral, Florida, U.S. on June 5, 2024. | Photo Credit: Reuters Boeing launched astronauts for the first time on June 5, belatedly joining SpaceX as a…
Read More “Boeing launches NASA astronauts for the first time after years of delays” »
A multi-spectral view of Messier 74, a.k.a. the Phantom Galaxy, captured by the Hubble and the James Webb Space Telescopes. Galaxy rotation has long perplexed scientists. | Photo Credit: ESA/Webb, NASA & CSA, J. Lee One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up….
Read More “With bad news from Cassini, is dark matter’s main rival theory dead?” »
Birds fly through a hazy sky in Bengaluru. | Photo Credit: Bhagya Prakash/The Hindu, File photo Researchers and artists joined forces for a so-called “painting with light” international project to make invisible air pollution in India visible, demonstrating the health risks posed to the population. Combining digital light painting and low-cost air pollution sensors, the…
Read More “ Global project ‘paints’ evidence of air pollution in India” »
All the 30 Sensex companies ended in the green, with IndusInd Bank jumping nearly 8%. Tata Steel, Mahindra & Mahindra, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, HDFC Bank, Hindustan Unilever and JSW Steel also emerged big gainers. | Photo Credit: Reuters A day after facing massive erosion from their wealth, equity investors became richer…
Read More “Investors become richer by ₹13.22 lakh crore as markets bounce back after rout” »
The Securities and Exchange Board of India. File | Photo Credit: Reuters To enhance operational efficiency and reduce the risk to clients’ securities, markets regulator SEBI on May 5 decided to make the process of direct payout of such securities to the client’s account mandatory. This will become effective from October 14, the Securities and…
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