Business

On Thursday, the price of 24-carat gold soared to a record-breaking Rs 70,470 per 10 grams, marking a substantial increase of Rs 600 within a single day. This milestone represents the first time in a year that gold has breached the Rs 70,000-mark in the Hyderabad market.

Office space leasing in Hyderabad soared to 2.0 million square feet (sq. ft.) between January and March 2024.

In morning trade, the gold futures contract on the MCX for June 2024 opened at Rs 69,868 per 10 gm and quickly surged to Rs 69,908 per 10 gm. This rise followed news of the precious metal reaching a high of $2,323.70 per ounce in the international market.

Forex traders noted that investor sentiment was dampened by both elevated crude oil prices and continuous foreign fund outflows.

The BSE Sensex soared 497.06 points (0.67%) to reach a record high of 74,373.88, while the NSE Nifty rose 144.70 points (0.64%) to hit a new peak at 22,579.35.

The collaboration marks a significant leap forward in fostering innovation and growth within India's dynamic health-tech startup ecosystem, T-Hub in a statement said.

AGEL’s 10,934 MW operational portfolio will power more than 5.8 million homes and help avoid about 21 million tonnes of CO2 emissions annually.

As part of this initiative, each chapter selects one woman entrepreneur to participate in a Global Pitch Competition.

The consultation paper highlights pertinent issues prevalent in the broadcasting sector with an objective of making India a ‘Global Content Hub’.

The JV will commence operations with 100 employees and intends to grow to a four-digit number in the following years, the companies said in a statement.

The IT sector is at the forefront of the gig boom and the share of IT software in the gig economy has nearly doubled, jumping from 22 per cent in March 2023 to a dominant 46 per cent in March this year.

During the 90th anniversary celebrations of the Reserve Bank of India (RBI), the PM highlighted the economic progress made since 2014, stating that the country has emerged from the challenges inherited at the start of the BJP government's tenure and is now ready for growth.

MCX gold prices in India surged to a record high of Rs 69,487 per 10 grams in opening trade, following the uptrend in the international market. As of 11:26 am, it was trading around Rs 68,828.

boAt unveils 'Nirvana Eutopia' headphones, designed in India, featuring spatial audio technology, 3D accelerometers, and gyroscopes, priced at Rs 3,999 in black and white colors.

Extending its winning momentum to the third day running, the 30-share BSE Sensex jumped 556.98 points to 74,208.33 in early trade. The NSE Nifty climbed 192.1 points to 22,519.

New Tax Regime (Section 115BAC(1A)) Introduced in Finance Act 2023, Contrasts with Old Regime sans Exemptions

Notably, the window for depositing and/or exchanging the Rs 2,000 banknotes continues to be available at the 19 issue offices of the RBI.

This cutting-edge platform tackles longstanding challenges in international trade, fundamentally reshaping how businesses navigate the intricacies of global commerce

Kia will assemble the K4 compact at its plant in Mexico, and sell it to customers in the United States and Canada during the second half of this year.

Founded in 1946, the Handelsblatt Media Group, which is based in Dusseldorf, has a reach of more than two million readers, according to the statement.

According to a report by professional networking platform LinkedIn, B2B sellers in the country are increasingly turning to AI to aid their selling processes, including prospect research, target identification, and finding warm leads with buyers

In early trading, the BSE Sensex rose by 270.18 points to reach 72,740.48, while the NSE Nifty increased by 87.35 points, reaching 22,092.05.

In the interbank foreign exchange market, the rupee commenced trading at 83.33 against the dollar. It dipped to an early low of 83.34, marking a decline of 5 paise compared to its previous close.

Photographer Joshua Karthik snapped the image. "Happy Holi to all who celebrate! Thank you @joshuakarthikr for sharing this beautiful #ShotOniPhone photo that captures the colorful festival," he expressed in the post.