Business

Foreign fund outflows and a weak trend in global markets also dampened the domestic markets.

Forex traders say the hike in capital gains tax and removal of indexation benefits in the FY25 Budget led to increased dollar buying, as foreign investors sold off stocks. 💵📉 #Budget2024 #Forex #MarketUpdate

Centre extends PM Garib Kalyan Anna Yojana for five years, benefiting 80 crore people of India

Draped in a white silk saree with magenta border, she poses for traditional 'briefcase' picture outside her office, along with her team of officials, before heading to meet President

Among the Sensex pack, UltraTech Cement, Mahindra & Mahindra, ITC, Larsen & Toubro and NTPC were the biggest gainers

Also suggested linking of price monitoring data for essential food items to help monitor and quantify the build-up of prices at each stage

Among the Sensex pack, Kotak Mahindra Bank, Reliance Industries, Larsen & Toubro, ICICI Bank, IndusInd Bank, and Axis Bank were the biggest laggards.

Forex traders said that foreign fund inflows and possible intervention by the Reserve Bank of India (RBI) supported the rupee at lower levels, restricting its decline.

According to Microsoft, 8.5 million devices across the world were impacted by the outage caused by an update from CrowdStrike

Forex traders said a rebound in crude oil prices weighed on the rupee, and weak Asian and European currencies may further dampen investor sentiment.

Microsoft's posts on X suggested the situation was improving, but escalating outages continued to be reported worldwide hours later.

The 30-share BSE Sensex hit a new all-time high of 81,587.76 in early trade but later declined 166.93 points to 81,176.53.

Dr. Reddy’s will market Vonoprazan tablets under its own trademark VONOTM to be available in two strengths of 10mg and 20mg.

BSE Sensex Opens Muted, Falls 251.93 Points; NSE Nifty Dips 76.6 Points

Forex traders expect the USD/INR pair to stay within a narrow range due to balanced dollar demand from foreign investors and oil companies, matched by supply from the Reserve Bank of India (RBI).

This inventive cold fusion technology has received patent from the Government of India

Announces expansion of Global Capacity Centre to host approximately 2,600 employees

Expands access to its AI models, introduces new language tools

The ED conducted an investigation into the allegations on the basis of FIR registered by CBI, EOW, Chennai against Saisree Engineers Private Limited its Promoters, Directors and others on the complaints made by the bank.

Bu Abdullah Group’s inclusion in TGIP offers an opportunity for businesses aiming for cross-border expansion.

BMW Motorrad India emphasized that the CE 04 is not only an innovation in mobility but also a step towards sustainable transportation.

Let’s discuss some of these prerequisites specific to the crypto industry.   

In the past four months, the prices of yellow metal have been volatile, reaching as high as Rs 75,000 and dropping to as low as Rs 72,000. The current upward trend suggests that prices may soon hit Rs 78,000.

Rise in prices of food articles, especially vegetables and manufactured items, fuels increase