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Category: Business

Business

Rupee declines by 8 paise on rebound in crude oil, greenback

Posted on August 29, 2023 By admin
Rupee declines by 8 paise on rebound in crude oil, greenback

The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29 due to a rebound in crude oil prices and greenback in the global markets. | Photo Credit: Getty Images The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29…

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Business

Disney gambles on free cricket to turn the tables in streaming war

Posted on August 29, 2023 By admin
Disney gambles on free cricket to turn the tables in streaming war

Walt Disney is attempting to revive the fortunes of its streaming business in India by offering free cricket on smartphones, betting that the strategy will boost advertising revenue and offset the impact of a subscriber exodus. The India streaming operations, which were Disney’s biggest last year globally by users, posted a loss of $41.5 million…

Read More “Disney gambles on free cricket to turn the tables in streaming war” »

Business

Rupee rises 2 paise to 82.61 against US dollar

Posted on August 29, 2023 By admin
Rupee rises 2 paise to 82.61 against US dollar

At the interbank foreign exchange, the domestic unit opened at 82.58, then touched the lowest level of 82.62. File | Photo Credit: Special Arrangement The rupee appreciated by 2 paise to 82.61 against the US dollar in early trade on Tuesday amid a weak American currency against major rivals overseas and positive domestic equity markets. Retreating…

Read More “Rupee rises 2 paise to 82.61 against US dollar” »

Business

Markets climb in early trade; extend rally for second day running

Posted on August 29, 2023 By admin
Markets climb in early trade; extend rally for second day running

The BSE Sensex climbed 232.43 points to 65,229.03 in early trade. File | Photo Credit: Reuters Equity benchmark indices began the trade on an optimistic note on August 29, extending their previous day’s rally, amid firm trend in global markets. The BSE Sensex climbed 232.43 points to 65,229.03 in early trade. The NSE Nifty gained 71.85…

Read More “Markets climb in early trade; extend rally for second day running” »

Business

Loanable funds theory: how interest rates are determined in the loan market 

Posted on August 29, 2023 By admin
Loanable funds theory: how interest rates are determined in the loan market 

For representative purposes. | Photo Credit: Getty Images Also known as the neo-classical theory of interest, this theory argues that the interest rates on loans are determined by the supply of and demand for loans in the market for loanable funds. In other words, the market interest rate is seen as the price of loans…

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Business

Markets bounce back after two days of decline on firm global trends

Posted on August 28, 2023 By admin
Markets bounce back after two days of decline on firm global trends

The scene outside the Bombay Stock Exchange on Dalal Street. | Photo Credit: VIVEK BENDRE Equity benchmark indices climbed on Monday after two days of fall, tracking strength in global markets and buying in HDFC Bank. The BSE Sensex climbed 110.09 points or 0.17% to settle at 64,996.60. During the day, it jumped 326.94 points…

Read More “Markets bounce back after two days of decline on firm global trends” »

Business

After Congress, AAP demands probe into Adani Power issue

Posted on August 28, 2023 By admin
After Congress, AAP demands probe into Adani Power issue

Aam Aadmi Party MP Sanjay Singh addressing a press conference, in New Delhi, on May 22, 2023. | Photo Credit: PTI Aam Aadmi Party (AAP) Rajya Sabha MP Sanjay Singh on August 28 demanded action against officials and Ministers in Gujarat for an alleged excess payment made to Adani Power Mundra Limited (APMuL) over five…

Read More “After Congress, AAP demands probe into Adani Power issue” »

Business

Jio 5G on track to cover entire country by Dec; JioAirFiber to be launched on Ganesh Chaturthi: Mukesh Ambani

Posted on August 28, 2023 By admin
Jio 5G on track to cover entire country by Dec; JioAirFiber to be launched on Ganesh Chaturthi: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani speaks during the 46th Annual General Meeting of Reliance Industries Limited, on August 28, 2023. | Photo Credit: PTI Reliance Jio’s 5G services marks the fastest-ever rollout of this scale anywhere in the world, and the company is “on track” to cover the entire country with the ultra high-speed network…

Read More “Jio 5G on track to cover entire country by Dec; JioAirFiber to be launched on Ganesh Chaturthi: Mukesh Ambani” »

Business

In Mega Push, Mukesh Ambani’s Jio Guarantees “AI To Everyone, Everywhere”

Posted on August 28, 2023 By admin
In Mega Push, Mukesh Ambani’s Jio Guarantees “AI To Everyone, Everywhere”

Unutilized Delhi: Jio Platforms is raring to manage efforts in creating Republic of India-specific AI fashions and AI-powered answers throughout domain names, handing over the good thing about this new-age era to Indian voters, companies and executive, RIL Chairman Mukesh Ambani mentioned on Monday promising “AI to everyone, everwhere”. Terming Synthetic Perception (AI) as probably…

Read More “In Mega Push, Mukesh Ambani’s Jio Guarantees “AI To Everyone, Everywhere”” »

Business

Reliance AGM 2023: Reliance Jio 5G On Monitor To Defend Complete Nation Through December: Mukesh Ambani

Posted on August 28, 2023 By admin
Reliance AGM 2023: Reliance Jio 5G On Monitor To Defend Complete Nation Through December: Mukesh Ambani

Reliance AGM 2023: JioAirFiber might be introduced on Ganesh Chaturthi, September 19. Unutilized Delhi: Reliance Jio’s 5G services and products marks the fastest-ever rollout of this scale anyplace on the earth, and the corporate is “on track” to barricade all the nation with the extremely high-speed community by means of December this month, RIL Chairman…

Read More “Reliance AGM 2023: Reliance Jio 5G On Monitor To Defend Complete Nation Through December: Mukesh Ambani” »

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