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Category: Business

Business

Retail Inflation Eases To 6.83% In August From 7.44% In July

Posted on September 12, 2023 By admin
Retail Inflation Eases To 6.83% In August From 7.44% In July

Retail inflation declined to 6.83 per cent in August compared to July, mainly due to easing food prices, according to official data. The Consumer Price Index (CPI) based inflation was at 7.44 per cent in July and at 7 per cent in August 2022, as per the data released by the National Statistical Office (NSO)…

Read More “Retail Inflation Eases To 6.83% In August From 7.44% In July” »

Business

Sindhu Gangadharan appointed as NASSCOM Vice Chairperson

Posted on September 12, 2023 By admin
Sindhu Gangadharan appointed as NASSCOM Vice Chairperson

Sindhu Gangadharan. File image: Special Arrangement Sindhu Gangadharan, MD, of SAP Labs India has been appointed as NASSCOM Vice Chairperson. Earlier this year, she was appointed as Chairperson of the Nasscom GCC Council 2023-25. Ms. Sindhu also serves on the Board of Siemens India and Titan Company. In her new role, Sindhu will leverage her…

Read More “Sindhu Gangadharan appointed as NASSCOM Vice Chairperson” »

Business

Rupee rises 9 paise to close at 82.94 against U.S. dollar

Posted on September 12, 2023 By admin
Rupee rises 9 paise to close at 82.94 against U.S. dollar

Image used for representational purpose only. The rupee appreciated 9 paise to close at 82.94 (provisional) against the U.S. dollar on Tuesday (September 12) amid fresh foreign fund inflows and expectations of better macroeconomic data. Forex traders said the Indian rupee appreciated on Tuesday as domestic markets hit fresh record highs after Nifty breached the…

Read More “Rupee rises 9 paise to close at 82.94 against U.S. dollar” »

Business

Sensex Rises 94 Points, Nifty Falls Marginally After Hitting All-Time High

Posted on September 12, 2023 By admin
Sensex Rises 94 Points, Nifty Falls Marginally After Hitting All-Time High

Sensex climbed 94.05 points or 0.14 per cent to settle at 67,221.13 (File) Mumbai: The BSE Sensex extended its rally for the eighth day running on Tuesday, while Nifty ended marginally lower after scaling its fresh all-time high level amid mixed global market trends. The 30-share BSE Sensex climbed 94.05 points or 0.14 per cent…

Read More “Sensex Rises 94 Points, Nifty Falls Marginally After Hitting All-Time High” »

Business

Sensex extends rally to eighth day; Nifty falls marginally after hitting record level

Posted on September 12, 2023 By admin
Sensex extends rally to eighth day; Nifty falls marginally after hitting record level

The 30-share BSE benchmark regained the 67,000 level on September 11. File | Photo Credit: Reuters The BSE Sensex extended its rally for the eighth day running on September 12, while Nifty ended marginally lower after scaling its fresh all-time high level amid mixed global market trends. The 30-share BSE Sensex climbed 94.05 points or…

Read More “Sensex extends rally to eighth day; Nifty falls marginally after hitting record level” »

Business

Parle collaborates with IBM to drive digital transformation using cloud, AI

Posted on September 12, 2023 By admin
Parle collaborates with IBM to drive digital transformation using cloud, AI

L-R: Sandip Patel (MD) IBM India & South Asia; Sanjay Joshi (CIO) Parle Products and Paul Burton (General Manager) IBM Asia Pacific announcing Parle’s expanded collaboration with IBM at IBM Think Mumbai 2023. Photo: IBM IBM on September 12 announced the expansion of its collaboration with Parle Products, the biscuit brand in India, to further…

Read More “Parle collaborates with IBM to drive digital transformation using cloud, AI” »

Business

Nifty Hits Fresh All-Time High In Early Trade As Markets Rally For 8th Day

Posted on September 12, 2023 By admin
Nifty Hits Fresh All-Time High In Early Trade As Markets Rally For 8th Day

Nifty climbed 114 points to 20,110.35 — its all-time high mark. (File) Mumbai: Equity benchmark indices continued their winning momentum on Tuesday early trade, climbing for the eighth day running, with the Nifty scaling its fresh all-time high level. A largely firm trend in global markets and fresh foreign fund inflows also added to the…

Read More “Nifty Hits Fresh All-Time High In Early Trade As Markets Rally For 8th Day” »

Business

Nifty hits fresh all-time high level in early trade

Posted on September 12, 2023 By admin
Nifty hits fresh all-time high level in early trade

Equity benchmark indices continued their winning momentum on Tuesday September 12 early trade, climbing for the eighth day running, with the Nifty scaling its fresh all-time high level. A largely firm trend in global markets and fresh foreign fund inflows also added to the positive trend in equities in initial deals. The 30-share BSE Sensex…

Read More “Nifty hits fresh all-time high level in early trade” »

Business

Nifty hits fresh all-time high level in early trade

Posted on September 12, 2023 By admin
Nifty hits fresh all-time high level in early trade

Equity benchmark indices continued their winning momentum on Tuesday September 12 early trade, climbing for the eighth day running, with the Nifty scaling its fresh all-time high level. A largely firm trend in global markets and fresh foreign fund inflows also added to the positive trend in equities in initial deals. The 30-share BSE Sensex…

Read More “Nifty hits fresh all-time high level in early trade” »

Business

Rupee up by 10 paise at 82.93 against dollar on firm trend in domestic equities, foreign fund inflows

Posted on September 12, 2023 By admin
Rupee up by 10 paise at 82.93 against dollar on firm trend in domestic equities, foreign fund inflows

Representational image. | Photo Credit: The Hindu The Rupee appreciated by 10 paise to 82.93 against the U.S. dollar in early trade on September 12, tracking a positive trend in domestic equities and foreign fund inflows. Forex traders said the Rupee is trading in a narrow range as the soft U.S. dollar and positive domestic…

Read More “Rupee up by 10 paise at 82.93 against dollar on firm trend in domestic equities, foreign fund inflows” »

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