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Australia’s vast iron ore mining sector is facing stark choices as its biggest customer China has likely hit a peak in its steel production and global pressures mount to decarbonise one the world’s most polluting industries. The scale of these challenges are massive, but not insurmountable, and there are an array of options that Australia’s…
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The CCI has dismissed four petitions of Indian app companies filed against Google’s new Play Store billing policy to levy an 11 to 26% charge on in-app payments. File | Photo Credit: Reuters Fair trade regulator CCI on March 20 dismissed four petitions of Indian app companies filed against Google’s new Play Store billing policy…
Read More “CCI dismisses pleas of Indian app cos against Google’s new Play Store billing policy” »
Mumbai, Mar 20 (ANI): Sajjan Jindal, JSW, Chairman, Parth Sajjan Jindal,Member of Steering Committee of JSW MG Motor India and Rajeev Chaba, CEO Emeritus of MG Motor India, JSW and MG Motors joint venture unveil the Cyberster, an all-electric convertible roadster in India, Worli in Mumbai on Wednesday. (ANI Photo) | Photo Credit: ANI Chinese…
indian currency and gdp word spelled out | Photo Credit: anita kumari India’s economic activity likely hit a nine-month high in February, despite rural demand remaining weak and unemployment rising, thanks to a sharp expansion in exports, imports and corporate bond issuances, as per a CareEdge Ratings barometer. The CareEdge Economic Meter, a composite index…
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On Tuesday, the rupee depreciated 13 paise to 83.03 against the U.S. dollar. File. | Photo Credit: Reuters The rupee declined 13 paise to close at 83.16 (provisional) against the U.S. dollar on March 20, weighed down by a strong American currency against major rivals overseas and elevated crude oil prices. However, a recovery in…
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A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty rebounded on March 20, propelled by bargain hunting in index majors Reliance Industries, ITC and SBI amid a largely firm trend in global equities. In a highly volatile trade, the 30-share BSE…
Read More “Sensex, Nifty rebound as Reliance, ITC shares rally” »
Prime Minister Narendra Modi addresses the Startup Mahakumbh at the Bharat Mandapam, in New Delhi. | Photo Credit: PTI India has emerged as the world’s third largest startup ecosystem with over 1.25 lakh startups and 110 unicorns, and is charting a roadmap for becoming a developed nation with the right decisions taken at the right…
The fervour around artificial intelligence has sparked a gold rush into AI-themed ETFs, as investors seek fresh ways to play the burgeoning technology following breathtaking rallies in market darlings such as Nvidia . The funds run the gamut from those offering a bouquet of the biggest AI winners to more esoteric themes such as robotics…
Read More “Nvidia’s dizzying rally spurs rush into AI-themed Exchange Traded Funds” »
From the Sensex basket, Maruti, Power Grid, Nestle, IndusInd Bank, Tata Consultancy Services, and Wipro were the major gainers. | Photo Credit: Reuters Benchmark equity indices rebounded in early trade on March 20 after a sharp decline in the previous trade amid a rally in global markets and fresh foreign fund inflows. The 30-share BSE…
Read More “Markets rebound in early trade on rally in global equities, foreign fund inflows” »
The rupee edged up 1 paisa to 83.02 against the U.S. dollar on Wednesday ahead of the announcement of the key U.S. Fed policy decision later in the day. | Photo Credit: REUTERS The rupee edged up 1 paisa to 83.02 against the U.S. dollar on Wednesday ahead of the announcement of the key U.S….
Read More “Rupee edges up 1 paisa to 83.02 against U.S. dollar in early trade” »
