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Home  Business

Business

Sensex drops over 300 points amid global headwinds

Sensex drops over 300 points amid global headwinds

  • Byju CEO Arjun Mohan resigns, Byju Raveendran to take hands-on role

    After Mohan's resignation, Byju Raveendran, the company's Co-founder and CEO, will assume a more hands-on role in leading daily operations. Mohan will remain with the edtech firm in an "external advisory role."
  • Elon Musk praises Japan’s leadership across user metrics

    Yaccarino highlighted Japan's dominance on the platform, leading in posts, views, searches, and active user minutes last quarter.
  • Rupee drops to 83.44 against US dollar

    Forex traders cited a robust US dollar in global markets and crude oil prices above USD 90 per barrel as factors dampening investor sentiment.
  • Hyderabad ranks among world’s top 10 fastest-growing cities, predicts massive GDP surge

    Hyderabad's remarkable economic trajectory, showcasing a Growth (YoY) percentage of 8.47 per cent.
  • Indian aviation industry cleared for takeoff despite engine woes: ICRA report

    Despite facing supply chain challenges and engine failures, the industry is poised for significant growth in the coming years.
  • Gold price soars to a lifetime high amid rising geopolitical tensions

    Gold futures on MCX recorded an increase of Rs 779 per 10 grams which is 1.09 per cent above the previous trading session’s closing price of Rs 71,644.
  • Bajaj launches Pulsar N250 in Hyderabad

    Along with sporting the biggest engine in the Pulsar lineup, the naked streetfighter is packed with advanced features to provide better riding experience for customers.
  • India jumps 17% to rank 4th in digital services exports: WTO

    In 2023, global exports of digitally delivered services surged to $4.25 trillion, marking a 9% increase from the previous year and constituting 13.8% of worldwide exports of goods and services, as per WTO data.
  • Hyundai unveils new Grand i10 NIOS edition at Rs 6.93 lakh in India

    The new vehicle comes available in seven colours -- Atlas White, Typhoon Silver, Titan Grey, Teal Blue, Fiery Red, Spark Green, and the newly added Amazon Grey.
  • How Tesla can reach $3.6 billion in revenue from EV sales in India by 2030

    The news of Musk arriving here brought cheer to millions of Tesla lovers in India, after a determined PM Modi convinced the tech billionaire to look at the country.
  • Rupee gains 15 paise to 83.16 against US Dollar

    In the interbank foreign exchange market, the rupee opened at 83.23 against the US dollar, later reaching 83.16 in initial trade, marking a 15 paise increase from its previous close.
  • Equity indices rebound in early Wednesday trade

    BSE Sensex Up by 273.65 Points, NSE Nifty Climbs 83.85 Points in Early Trade
  • EU-India collaborate to advance EV battery recycling technologies through trade, technology council

    This initiative aims to enhance cooperation between European and Indian Small and Medium-sized Enterprises (SMEs) and start-ups in the clean technology sector.
  • Samsung unveils Galaxy M55 5G, Galaxy M15 5G

    The latest additions to the popular Galaxy M series offer users a superior smartphone experience with Super AMOLED Plus display, monster battery and powerful processors.
  • Tesla’s Entry into India a ‘Natural Progression’: Elon Musk

    India, the world's most populous country, should embrace electric cars, as they are becoming increasingly popular globally.
  • Sensex hits historic 75,000 mark, Nifty reaches record high

    The BSE Sensex rose by 381.78 points to reach a record high of 75,124.28, while the NSE Nifty climbed 99 points to hit a new peak of 22,765.30.
  • India’s RBI boosts gold reserves amid global central bank slowdown

    India's presence in the global gold market remains prominent, with additional contributions from other central banks in February.
  • Demand for Indian healthcare professionals to rise significantly by 2030: Report

    Report shows that the global shortage of healthcare workers has spurred a significant increase in demand for Indian healthcare professionals, who are highly esteemed in the international market for their sought-after skills.
  • RBI keeps Repo rate steady at 6.50%

    On Friday, RBI Governor Shaktikanta Das announced the majority decision of the MPC to maintain the repo rate at 6.5 percent.
  • Gold prices in Hyderabad surge beyond Rs 70,000 mark, silver also hits record high

    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.
  • Hyderabad emerges as key destination for office leasing, driven by tech operators 

    Office space leasing in Hyderabad soared to 2.0 million square feet (sq. ft.) between January and March 2024.
  • Gold prices reach seventh consecutive daily high

    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.
  • Rupee strengthens to 83.42 aagainst US dollar

    Forex traders noted that investor sentiment was dampened by both elevated crude oil prices and continuous foreign fund outflows.
  • Early trade rebound: Sensex, Nifty reach new highs

    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.
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