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Tamil Nadu Chief Minister M.K. Stalin during a discussion with executives from Ford Motors in the United States earlier this week | Photo Credit: X/@mkstalin Three years after exiting Tamil Nadu, Ford Motors has now expressed interest to restart manufacturing at its Chennai plant. The company has submitted a Letter of Intent (LOI) to the…
Rupee appreciated by 5 paise to 83.91 against the U.S. dollar. File | Photo Credit: Reuters The rupee appreciated by 5 paise to 83.91 against the U.S. dollar in early trade on Friday (September 13, 2024) supported by weakening of the American currency in the overseas market and significant foreign fund inflows. Forex traders said…
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A sharp fag-end rally drove the BSE benchmark to the 83,000 level for the first time on Thursday (September 12, 2024). | Photo Credit: Reuters Equity benchmark indices declined in early trade on Friday (September 13, 2024) after the previous session’s record rally on the emergence of profit-taking amid weak trends from Asian peers. The…
Read More “Stock Market Today: Markets decline in early trade after record rally” »
WhatsApp Payments, Meta’s payment aggregator feature on the messaging app, is not looking to make it as a separate business, but wants it to be more of an enabler for WhatsApp Business, Ravi Garg, Director, Business Messaging, Meta India told The Hindu. Speaking on the sidelines of the first WhatsApp Business Summit 2024 here on…
Read More “‘WhatsApp Payments not looking to compete as a fintech firm’ ” »
In recent years, as the digital landscape continues to expand, websites and apps have become integral to daily lives. However, a troubling trend has emerged alongside this growth: Dark patterns. The deceptive design practices are used to manipulate users into making decisions they might not otherwise make, such as signing up for unwanted services or…
Read More “Dark patterns pose a growing concern in India’s digital landscape” »
Image for representational purposes only. | Photo Credit: REUTERS India’s industrial output growth rose 4.8% in July, the second-slowest pace in the financial year 2024-25, from an upgraded 4.7% growth in June, even as mining and electricity growth slowed, and non-consumer durables’ production slipped a sharp 4.4%, marking the third contraction in four months. In…
A scene at a vegetable market in Delhi. | Photo Credit: SUSHIL KUMAR VERMA India’s retail inflation stayed under the Reserve Bank of India’s median target of 4% for the second successive month in August, even as it inched up marginally to 3.65% from an upwardly revised 3.6% in July. August’s inflation pace is the…
Read More “Retail inflation rises marginally to 3.65% in August” »
Image for representational purposes only. | Photo Credit: REUTERS The rupee traded in a narrow range to settle 4 paise higher at 83.95 (provisional) against the U.S. dollar on Thursday (September 12, 2024) amid a positive trend in domestic equities and foreign fund inflows. Forex traders said the rupee trade was range-bound, with a slight…
Read More “Rupee rises 4 paise to close at 83.95 against U.S. dollar” »
A sharp fag-end rally drove the 30-share Bombay Stock Exchange (BSE) Sensex to the 83,000 level for the first time. | Photo Credit: Reuters Benchmark Sensex hit the historic 83,000 level for the first time on Thursday (September 12, 2024) and the Nifty settled at a lifetime high after a rally in blue-chip shares, surge…
Read More “Sensex scales mount 83K, Nifty at lifetime high on rally in blue-chip stocks” »
The Enforcement Directorate has attached the properties under the provisions of Prevention of Money Laundering Act (PMLA), 2002 | Photo Credit: X/@dir_ed “The Enforcement Directorate (ED) of Mumbai zonal office has provisionally attached movable and immovable properties amounting to ₹43.52 crore on September 10, 2024,” officials from the ED said in a press statement on…