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Image of stock brokers for representation only | Photo Credit: ANI Benchmark indices Sensex and Nifty climbed in early trade on Wednesday (December 4, 2024) helped by buying in HDFC Bank, IT stocks and fresh foreign fund inflows. Rallying for the fourth day running, the BSE benchmark Sensex climbed 190.47 points to 81,036.22 in early…
The rupee traded flat against the US dollar at 84.68 on Wednesday (December 4, 2024) morning as foreign inflows offset the impact of a strengthening greenback. A strengthening dollar against overseas currencies and a rise in Brent crude in international markets capped further gains in the local unit, while a positive trend in domestic equity…
Read More “Rupee stays flat at 84.68 against US dollar in early trade” »
Meta said it will take submissions from developers that want to take part in the request for proposals until January 3, 2025 [File] | Photo Credit: REUTERS Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company to…
Read More “Meta seeks nuclear power developers for reactors to start in early 2030s” »
It is the GST Council chaired by the Union Finance Minister and including Ministers of all the States/UTs, which is empowered to recommend GST rates including changes to them. | Photo Credit: PTI Statement from the Central Board of Indirect Taxes (CBIT) and Customs on GST rate hike reports that have been doing the rounds…
In an important management change at Air India, the airline announced that an old-hand from Singapore Airlines, Basil Kwauk, will replace Klaus Goersch as the Chief Operations Officer. In an internal announcement, Air India’s MD & CEO Campbell Wilson informed that Mr. Goersch would be leaving Air India at the end of December “to take…
Read More “Basil Kwauk will replace Klaus Goersch as Air India COO” »
Indian Coast Guard personnel apprehend a Myanmarese fishing boat with more than 6,000 kg of methamphetamine on November 25, 2024. Photo: X/@IndiaCoastGuard via PTI Andaman and Nicobar police will seek details from Elon Musk’s Starlink, they said on Tuesday (December 3, 2024), in a bid to hunt down drug smugglers who used its satellite internet…
Read More “Andaman and Nicobar police to query Starlink over device used by drug smugglers” »
The BSE benchmark Sensex jumped 597.67 points or 0.74% to settle at 80,845.75 | Photo Credit: PTI Benchmark indices Sensex and Nifty rallied for the third straight session on Tuesday (December 3, 2024) amid buying in blue-chip stocks like HDFC Bank, Reliance Industries and firm trends in global markets. The BSE benchmark Sensex jumped 597.67…
Image used for representative purpose only | Photo Credit: Reuters The rupee fell 4 paise to all-time low of 84.76 against the U.S. dollar in early trade on Tuesday, as the strength of the American currency in the overseas market and unabated foreign portfolio outflows dented investor sentiments. Forex traders said the depreciation in rupee…
Read More “Rupee falls 4 paise to all-time low of 84.76 against U.S. dollar in early trade” »
Brokers react during a stock market session. File photo | Photo Credit: ANI Benchmark indices Sensex and Nifty rallied in early trade on Tuesday (December 3, 2024) amid buying in blue-chip stocks like HDFC Bank and State Bank of India and firm trends in global markets. The BSE benchmark Sensex climbed 300.98 points to 80,549.06…
Currency notes of ₹2,000 denomination remain legal tender even after it was removed from circulation. File photo. | Photo Credit: Ragu R The total value of ₹2,000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when its withdrawal was announced, has declined to ₹6,839 crore at…
Read More “98.08% of ₹2000 notes returned, banknotes worth ₹6,839 crore still in market: RBI” »
