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Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark equity indices Sensex and Nifty closed on a flat note on Wednesday amid weak global cues. Shedding most of the gains made during the day, the 30-share BSE Sensex ended 0.02% or 11.43 points higher at 65,087.25 points. Similar trends were witnessed…
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On the domestic equity market front, the BSE Sensex closed higher by 11.43 points or 0.02% at 65,087.25 points. Image for representation purpose only. File | Photo Credit: Reuters The rupee recovered 6 paise to settle at 82.74 (provisional) against the U.S. currency on Wednesday following weakness in the U.S. dollar in global markets. FII…
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TikTok has exploded in popularity over the last few years, becoming one of the most engaging and talked-about social media platforms. For marketers, TikTok presents an exciting new opportunity to reach a broader, younger audience. The app now has over 1 billion monthly active users, many of whom spend hours each day consuming its bite-sized…
Read More “Struggling On TikTok? Celebian Is The Growth Boost You Need” »
The rupee rose by 7 paise to 82.73 against the U.S. dollar on August 30 amid a positive sentiment in equity markets. Rising crude oil prices and strengthening dollar, however, weighed on the Indian currency, according to Forex traders. At the interbank foreign exchange, the domestic unit opened stronger at 82.67 and hit the level…
Read More “Rupee rises 7 paise to 82.73 against U.S. dollar in early trade” »
The Sensex jumped 322.09 points or 0.49% to 65,397.91 points. File Continuing their positive momentum, the benchmark stock indices jumped in early trade on Wednesday (August 30), with the Sensex surging more than 322 points amid positive global cues. The Sensex jumped 322.09 points or 0.49% to 65,397.91 points, while the broader Nifty rose 84.30…
Investment adviser Savart has launched a portfolio management service called Ad Astra Fund featuring an end-to-end research automation, from investment opportunity discovery until exit. The fund transforms traditional human-led investment research processes and increases probability of achieving a superior return on investment, Savart founder and CEO Sankarsh Chanda said. The research and investment decision-making is…
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Official rhetoric on India becoming a $5 trillion dollar economy has resumed, with the Prime Minister’s remarks at the BRICS conference last week. However, these claims are riddled with problems. | Photo Credit: Reuters Addressing the BRICS Business Forum Leaders’ Dialogue at Johannesburg last week, Prime Minister Narendra Modi said, “Soon, India will become a…
Read More “Data | The problems with the Prime Minister’s economic claims” »
New Delhi: Private sector lender Bandhan Bank on Tuesday said it has been appointed by Reserve Bank of India as an authorised pension disbursement bank on behalf of the Central Pension Accounting Office (CPAO) for the civil pensioners. The bank will soon be integrating with the office of CPAO, Ministry of Finance, to operationalise the…
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The report has been funded by the Indian arm of Prosus, the largest shareholder of food delivery platform Swiggy. Image for representation purpose only. File A report released on Monday by the National Council for Applied Economic Research (NCAER) delivered detailed insights on the tenuous place in the urban economy of food delivery workers —…
Benchmark stock indices Sensex and Nifty closed higher on Tuesday, marking their second straight day of gains as metal and power and select financial shares advanced. Losses in index majors Reliance Industries, ICICI Bank and Airtel, and foreign fund outflows restricted gains, analysts said. Rising for a second straight day, the BSE Sensex rose by…
Read More “Stock markets close higher for 2nd day; power, metal shares lead gains” »
