Business

Canada-based global thought leader says India needs to leverage its vast talent pool, establish AI-focused centres of excellence

Thereafter, Vistara aircraft will be operated by Air India and bookings for the routes operated by these planes will be redirected to Air India's website

The 30-share BSE Sensex jumped 502.42 points to hit a fresh all-time high of 82,637.03 in early trade

Forex traders noted that the market is awaiting the US GDP and Personal Consumption Expenditure (PCE) inflation data. These data points are crucial as they could influence the Federal Reserve's decision on whether to implement a 25 or 50 basis point rate cut at its September meeting.

The 30-share BSE Sensex fell by 102.78 points to 81,682.78 in early trade, while the NSE Nifty dropped 34.85 points to 25,017.50. However, both indices later recovered, with the Sensex trading up 64.07 points at 81,846.33 and the Nifty up 17.40 points at 25,070.15.

It offers 1-second transaction time with widest reach for registered PhonePe merchants and users who can integrate their payments across apps without multiple onboarding

Nearly 6% stake in InterGlobe Aviation, parent company of IndiGo, exchanged hands during morning trade

Following a decline in 2023, Apple's hardware revenues are projected to grow by 3% year-on-year in 2024, according to Counterpoint Research. This growth is expected to be driven by all major hardware segments, including the iPhone, iPad, Mac, Watch, and AirPods, with new launches playing a key role. AirPods may become the fastest-growing segment this year.

Forex traders noted that, from a macroeconomic perspective, the rupee's downside seems well-contained, with the 84 level serving as critical support, likely due to anticipated RBI intervention to curb further depreciation. At the interbank foreign exchange market, the rupee opened at 83.94, then weakened slightly to 83.95, marking a 2 paise loss from its previous close.

The 30-share BSE Sensex rose 128.81 points to 81,840.57 in early trading, while the NSE Nifty gained 30.4 points to 25,048.15. However, both indices soon experienced profit-taking and moved lower, with the BSE benchmark down 42.46 points at 81,682.57 and the Nifty down 21.60 points at 24,996.15.

His sharp intellect, wise judgment, and financial brilliance make him the perfect choice to be Apple's next CFO, says company CEO

The tech giant will launch the new line-up along with other gadgets including new AirPods 4, Watch Series 10 and software services

In 2019, the average price in Kokapet was Rs 4,750 per sq. ft., which surged to Rs 9,000 per sq. ft. by the first half of 2024

Says Telegram abides by EU laws, including the Digital Services Act — its moderation is within industry standards and constantly improving

Infosys denies all allegations, says it will defend its position in court

The fee reductions, effective from September 9, will allow sellers to expand their product range on the platform and encourage growth, Amazon India stated. "With these changes, sellers on Amazon India will see a decrease in selling fees ranging from 3% to 12% across different product categories," the company said.

Stock of Reliance Home Finance Ltd falls 5.12% to Rs 4.45 on NSE and 4.90% to Rs 4.46 on BSE

Also bars 24 other entities, including former key officials of Reliance Home Finance for five years for diversion of funds from company

Market analysts are anticipating insights from US Federal Reserve Chair Jerome Powell's remarks at the Jackson Hole Symposium. The 30-share BSE Sensex opened 37.32 points, or 0.05%, higher at 81,090.51, while the NSE Nifty rose by 18.25 points to 24,829.75.

Forex traders noted that the recent drop in oil prices, now around USD 77 per barrel, is a major boost for the rupee due to India's high oil import costs. In the interbank foreign exchange market, the rupee opened at 83.93, strengthened to 83.88, marking a 5 paise increase from its previous close.

"The month saw impressive milestones being reached, substantial growth in GST collections, and a significant rise in e-way bill generation, which points to an overall increase in economic activity. The stock market indices also reached record highs in July," the report states

iPhone exports exceeded $1 billion in July, maintaining a similar month-on-month performance as seen in the first quarter of FY25, driven by the production-linked incentive (PLI) scheme. According to industry data, iPhones now account for about 70% of the country's total mobile exports

In its plea to the Delhi High Court, BharatPe alleged that Ashneer Grover breached his employment agreement by disclosing confidential information on social media. Before the matter was brought to the Delhi HC, Grover agreed to the formation of an arbitral tribunal in response to BharatPe’s arbitration notice but contested the choice of the sole arbitrator.

In response to a post on X by the Reserve Bank of India, PM Modi congratulated RBI Governor Shaktikanta Das, saying, “Congratulations to RBI Governor Shri @DasShaktikanta for achieving this feat for the second time.” He added, “This recognition reflects his leadership at the RBI and his efforts to promote economic growth and stability.”