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The Sensex and Nifty opened at fresh record levels in early trade today, December 5, 2024. The Sensex started trading today at 81182.74, up 226.41 points or 0.28%, and the Nifty was at 24539.15, up 71.70 points or 0.29%. Meanwhile, the Indian rupee was trading today at 84.72 against the dollar.
Low-cost airline IndiGo refuted claims made in the ‘AirHelp Score report 2024,’ which ranked it 103rd out of 109 airlines, calling it one of the world’s worst. The report also placed Air India at 61st and AirAsia at 94th. IndiGo responded by citing monthly data from India’s Directorate General of Civil Aviation (DGCA) on airline […]
Reserve Bank of India has raised the UPI Lite transaction limit to Rs 1,000 per transaction, with a total limit of Rs 5,000. The central bank also announced that replenishment of the wallet balance will now be allowed only in online mode with AFA. The new auto-top-up feature will eliminate the need for manual reloading […]
The Samsung Galaxy S23 FE has seen a significant price drop, now available at nearly half its original launch price. Launched at Rs 54,999, it can now be bought for as low as Rs 33,720 on Amazon and Flipkart, with additional exchange offers and bank discounts. Featuring a 50MP main camera, 6.4-inch display, and Exynos […]
NITI Aayog CEO BVR Subrahmanyam highlighted that US President-elect Trump’s high tariffs on China, Mexico, and Canada will create significant export opportunities for India. He urged domestic industries to prepare for potential trade diversions. With the US as India’s largest trading partner, Subrahmanyam emphasized the need to capitalize on these disruptions for India’s growth.
Mahindra University announced a collaboration with Airbus to promote innovation and research in aerospace and digital technologies, aiming to create a future-ready talent pool in India. The partnership will focus on curriculum development, training, and research in AI, machine learning, analytics, and cybersecurity. Anand Mahindra expressed gratitude for Airbus’s trust in the collaboratio...
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹994, ★ Mumbai – ₹909, ★ Delhi – ₹909, ★ Kolkata – ₹909, ★ Bangalore – ₹909, ★ Hyderabad – ₹994, ★ Kerala – ₹994, ★ Pune – ₹909, ★ Vadodara – ₹909, ★ Ahmedabad – ₹909, ★ Jaipur […]
The Sensex and Nifty opened at fresh record levels in early trade today, December 4, 2024. The Sensex started trading today at 81043.50, up 197.75 points or 0.24%, and the Nifty was at 24486.50, up 29.35 points or 0.12%. Meanwhile, the Indian rupee was trading today at 84.68 against the dollar.
IndiGo filed a lawsuit against Mahindra Electric on Tuesday, accusing the automaker of trademark infringement over the use of “6E” in its new electric vehicle, the Mahindra BE 6E. The case was presented before the Delhi High Court and is scheduled for its next hearing on December 9, 2024. Justice Amit Bansal briefly heard the […]
Kolkata’s Indian tea prices surged 18% from January to October compared to last year, driven by a production drop of 66.39 million kg to 1,112.11 million kg. At a recent meeting with Assam tea planters, Union Minister Piyush Goyal emphasized the need for high-quality tea production and strict adherence to Maximum Residue Levels (MRLs).
Indian benchmark equity indices traded higher for the third consecutive session, supported by gains in metal and financial stocks. Positive cues from Asian markets and expectations of a 25 basis-point rate cut by the U.S. Federal Reserve later this month boosted sentiment. Sensex surged 598 points, closing at 80,846, while the Nifty settled above 24,450, […]
Work on the Sri Lankan port’s expansion, led by the Adani Group, is progressing as planned, with phase one set for completion in early 2025. Despite uncertainty surrounding $553 million in American funding due to the indictment of Adani executives, Sirimevan Ranasinghe, chairman of the Sri Lanka Ports Authority, confirmed construction is ongoing and financing […]
Australia has raised its 2024/25 wheat production forecast by 60,000 tons to 31.9 million tons, driven by strong yields in the east and west, offsetting southern losses. As a major exporter, this boost will help increase global supply amid low prices. The country also expects 500,000 tons less barley and 100,000 tons more canola than […]
The Reserve Bank of India (RBI) has instructed banks to reduce the number of inoperative or frozen accounts by organizing special campaigns to facilitate their activation. Additionally, banks are encouraged to assist customers in updating their Aadhaar details at branches offering Aadhaar services. This initiative aims to help account holders reactivate their accounts smoothly.
Vivek Chaand Sehgal is the richest Indian in Australia, with a net worth of over $8 billion. He is the founder of the global technology company, Motherson Sumi Systems, which specializes in automotive components. Under his leadership, the company has grown into one of the world’s largest suppliers, making Sehgal a prominent figure in both […]