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Govt revises semiconductor PLI scheme
“Applications shall be appraised and evaluated individually on an ongoing basis, " the notification from the Ministry of Electronics and Information Technology stated.
Indian overseas earnings pour in, but there is a red flag
The World Bank report also showed that Indian income earners withstood global headwinds far better than the rest of the developing world.
NDTV announces salary hikes across verticals "higher than industry average"
The hike has been done just six months after New Delhi Television Ltd (NDTV) became part of the Adani group.
Stock markets rally in early trade
The 30-share BSE Sensex climbed 135.43 points to 62,984.07 in early trade. The NSE Nifty advanced 42.1 points to 18,676.65.
UK clamps down on cryptocurrency sector, lawmakers push for regulation
The announcement comes after Britain introduced legislation earlier this year to bring crypto promotions under the scope of the FCA.
Markets snap 4-day rally amid profit-taking; auto, bank stocks fall
During the day, it tumbled 353.23 points or 0.55 per cent to 62,789.73. The NSE Nifty declined 91.85 points or 0.49 per cent to end at 18,634.55.
Wheat prices rise after collapse of Kakhovka dam in Ukraine
The collapse has endangered massive agricultural and drinking water supplies in Ukraine, with warning of a looming environmental disaster.
Rupee rises 5 paise to close at 82.55 against US dollar
"One can expect directional trends only after the Federal Reserve's policy meeting scheduled next week," a research analyst at HDFC Securities said.
Equity markets settle flat in volatile trade; IT stocks play spoilsport
UltraTech Cement was the gainer in the Sensex chart, climbing 3.13 per cent, followed by Kotak Mahindra Bank, Tata Motors, Axis Bank, Maruti, Bajaj Finserv, Bajaj Finance and Mahindra & Mahindra.
India’s services sector PMI expands at second best in 13 years, defies inflation pressures
The growth was supported by sustained growth of new business in the face of positive demand trends.
Growth in domestic demand will attract foreign investment: CII President
The CII President talks to TNIE about issues related to economy, manufacturing, private investment and consumption.
Twitter safety executive quits after anti-trans video strife
Irwin's departure came as Twitter was under pressure by backers of an anti-transgender video called "What Is A Woman" who claimed Twitter went back on a deal to distribute the content free on the plat
Gujarat goes big on electric vehicles with 1475 per cent surge in registration
According to government officials, EV charging stations are being built at a rapid pace in several locations throughout Gujarat. In the next few days, 250 more public charging stations will be erected
Global entertainment industry struggles with 215 billion piracy site visits
In 2023 alone, ACE has helped shut down operators in Spain, Brazil, Germany, Vietnam, Egypt and Tunisia, each with millions of monthly users.
Analysts raise FY24 GDP growth forecast
Upward revisions come after NSO data showed economic growth at 7.2% in FY23 as against earlier estimate of 7%
Commercial LPG cylinder price reduced by Rs 83.5
Oil companies revise the price for both commercial and domestic LPG gas cylinders on the first day of each month.
Clients’ fund misuse: Sebi cancels Karvy Stock Broking registration
The Securities and Exchange Board of India (Sebi), on Wednesday, cancelled Karvy Stock Broking’s certificate of registration for mis-utilising clients’ funds and securities.
Govt to sell 3% stake in Coal India via offer-for-sale
The company kept the floor price for the OFS at Rs 225 per share, and this is a 6.72% discount in comparison with Wednesday’s closing price of Rs 241.2 for Coal India shares.
GDP data beats forecasts, grows at 7.2% in FY23
Expands 6.1% in Q4; analysts say too early to celebrate as consumption yet to pick up.
CBI books Rolls Royce for alleged corruption in Hawk 115 Advanced Jet Trainer aircraft deal
In 2012, media reports alleging corruption in the Rolls Royce operations surfaced, resulting in an investigation by the Serious Fraud Office, London.