Amid the rising influence of artificial intelligence (AI) in the workplace, 94 per cent of desk workers in Indians feel the urgency to master the advanced technology, according to a report on Tuesday. Slack’s new Workforce Index showed that AI adoption is on the rise in India with 61 per cent of Indian desk workers … Read more
India has added nearly 15 GW of renewable energy capacity during April-November in the current financial year, which is almost double the 7.54 GW added during the same period last year, Union New and Renewable Energy Minister Pralhad Joshi said on Tuesday. Addressing the CII International Energy Conference and Exhibition (IECE) here, the Minister … Read more
The total number of companies registered during current fiscal (FY25) stands at 1,12,962 (till November 30), the government informed on Monday. The Minister of State in the Ministry of Corporate Affairs, Harsh Malhotra, said in a written reply in Lok Sabha that multiple initiatives have been taken by the government to promote the registration of … Read more
The FIIs as per Tuesday’s data were net buyers in both equity and debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 12259.75 crore against gross selling of Rs 12070.65 crore. Thus, FIIs stood as net buyers of Rs 189.10 crore in equities. In the debt … Read more
India's total exports (merchandise and services combined) during November 2024 are estimated at $67.79 billion, registering a growth of 9.59 per cent vis-a-vis November 2023, the Commerce and Industry Ministry announced on Monday. The cumulative value of merchandise exports during April-November 2024 was $284.31 billion, as compared to $278.26 billion during April-November 2023, registering … Read more
The Indian stock market opened in red on Tuesday as selling was seen in Nifty's PSU Bank, financial service, FMCG and metal sectors. At around 9:33 am, Sensex was trading at 81,548.45 after declining 200.12 points or 0.24 per cent, while the Nifty was trading at 24,605.5 after dropping 62.70 points or 0.25 per cent. … Read more
Asian stocks edged higher and the dollar held firm on Tuesday as traders braced for a slate of central banks meetings this week that is likely to see the U.S. Federal Reserve deliver a rate cut and the Bank of Japan stand pat for now. Bitcoin, the best-known and the biggest cryptocurrency, remained nestled near … Read more
In a remarkable achievement, Minister of State for Finance, Pankaj Chaudhary, has said that India has garnered Foreign Direct Investment (FDI) inflows amounting to $709.8 billion between April 2014 and September 2024. India’s FDI policy framework is built on the principle of openness, allowing 100 per cent FDI under the automatic route in most of … Read more
Ahead of key policy decisions especially from the US Federal Reserve, the Indian stock market closed in red on Tuesday as selling was seen in the PSU bank, auto, IT, financial service, pharma, FMCG, metal, and realty sectors of Nifty. At closing, Sensex settled at 80,684.4, down by 1,064.12 points or 1.30 per cent … Read more
Indian rupee weakened marginally and hit a new lifetime low against the US dollar on Tuesday, tracking sluggish domestic equities, foreign fund outflows and dollar demand from importers and foreign banks. Foreign Institutional Investors offloaded Rs 278.70 crore in the capital markets on net basis on Monday, exchange data showed. Rupee fell further after data … Read more
