Stock market special session today, Sensex jumps 120 points
Mumbai, May 18 - Indian equity indices opened in green on Saturday, following positive global cues.
Govt eyes hydrogen-based process for steel production to cut carbon emissions
New Delhi, May 17 - Secretary, Ministry of Steel, Nagendra Nath Sinha said on Friday that the government is working on introducing a green hydrogen-based process in the steel industry where the iron will be directly reduced with 100 per cent hydrogen, resulting
JSW Steel to buy coking coal mine in Mozambique for $73.75 million
Mumbai, May 17 - JSW Steel on Friday said that its board of directors have approved the acquisition of mining company Minas de Revuboe (MDR) in Mozambique to secure supplies of high-quality coking coal used for steel production.
India forex reserves surge by $2.56 bn to $644.15 bn
Mumbai, May 17 - India’s foreign exchange reserves surged by $2.56 billion to $644.15 billion during the week ended May 10, the latest data released by the RBI showed on Friday.
JSW Steel posts 64 pc decline in Q4 net profit at Rs 1,299 crore
Mumbai, May 17 - Billionaire Sajjan Jindal-led JSW Steel on Friday reported a 64 per cent decline in its consolidated net profit to Rs 1,299 crore for the January-March quarter of 2023-24 compared to the corresponding figure of Rs 3,664 crore in the
Sensex jumps 253 points after robust Q4 earnings
Mumbai, May 17 - India stock indices were up on Friday following robust Q4 earnings from consumer and auto companies.
PM Modi will be back with ‘good majority’, work on full budget to start soon: FM Sitharaman
New Delhi, May 17 - Finance Minister Nirmala Sitharaman on Friday said the BJP is confident that Prime Minister Narendra Modi would “come back with a good majority” and discussions for the full budget for 2024-25 would start as soon as the new
Not ready to announce anything yet regarding chip fabrication unit: Zoho CEO
New Delhi, May 17 - Cloud software major Zoho's Founder and CEO Sridhar Vembu on Friday said the company is not ready to announce anything yet regarding investments in a semiconductor fabrication unit.
EVs account for 20 pc of car imports in Jan-April period in S. Korea
Seoul, May 17 - Nearly one out of five imported vehicles in South Korea were battery-powered ones in the January-April period despite slowing sales of electric vehicles (EVs) globally, industry data showed on Friday.
Sensex surges 676 points on expectations of rate cuts
Mumbai, May 16 - Indian equity benchmarks surged on Thursday following expectations of rate cuts.
Sensex rises 155 points after positive global cues
Mumbai, May 16 - Indian equity benchmarks surged on Thursday, following positive Asian peers and US CPI data, which rose slightly less than expected in April.
India’s goods exports post 1.07 pc growth in April despite global uncertainties
New Delhi May 15 - India’s goods exports rose 1.07 per cent to hit almost $35 billion in April despite the uncertainties in the global market due to the economic slowdown and geopolitical tensions, according to figures released by the Union Commerce Ministry
Sensex slumps 117 points, Nifty holds 22,200 amid profit booking
Mumbai, May 15 - Indian equity benchmarks closed in red on Wednesday, following profit booking and sideways trading among global peers.
Over 300 pc hike in India’s budget outlay for agriculture in last 9 years: FAIFA report
New Delhi, May 15 - There has been an over 300 per cent increase in budget allocation for agriculture over the last 9 years and more than 11 crore farmers benefited from the PM Kisan scheme, according to a report released by the
IEA scales down growth forecast for global oil demand in 2024
New Delhi, May 15 - The International Energy Agency (IEA) has scaled down its forecast for the growth in oil demand during 2024 as it expects the consumption of fuels to come down amid the economic slowdown in the advanced OECD countries.
AWS plans to invest $8.4 bn into its European Sovereign Cloud in Germany
New Delhi, May 15 - Amazon Web Services (AWS) on Wednesday announced its plans to invest 7.8 billion euros ($8.4 billion ) in its European Sovereign Cloud in Germany through 2040, which reflects the company’s long-term commitment to meeting Europe’s digital sovereignty needs.
realme GT 6T introduces its top-performing trio
New Delhi, May 15 - After much anticipation by realme’s loyal fans, the brand has finally announced the launch of the latest device in the GT series, the realme GT 6T. realme’s GT series has, since its inception, been the brand’s most coveted
India surpasses Australia, Japan, Hong Kong in data centre capacity
New Delhi, May 15 - India has surpassed major countries like Australia, Hong Kong SAR, Japan, Singapore, and Korea becoming the country with the highest data centre capacity of 950 MW in the Asia-Pacific region (excluding China), according to a private report released
SEBI grants LIC 3 more years to achieve 10 pc public shareholding norm
Mumbai, May 15 - Life Insurance Corporation of India (LIC) on Wednesday announced that markets regulator Securities and Exchange Board of India (SEBI) has granted it a three-year extension to comply with minimum 10 per cent public shareholding norms.
Sensex up 162 points after opening flat
Mumbai, May 15 - Indian benchmark indices inched higher on Wednesday, following positive global cues.