The Bombay Stock Exchange (BSE) is the oldest stock exchange in Asia, established in 1875, while the National Stock Exchange (NSE) was founded in 1992 and is the largest by trading volume. BSE primarily uses a traditional trading system alongside electronic trading, whereas NSE operates fully electronically. The BSE’s benchmark index is the Sensex, while […]
Zomato co-founder and Chief People Officer Akriti Chopra has resigned, effective September 27, 2024, after 13 years with the company. In her farewell email, she expressed gratitude for her enriching journey at Zomato, where she held key roles including CFO and Head of Community Development. Chopra’s departure follows a series of leadership changes, including the […]
Google Maps is cracking down on fake reviews, issuing warnings to businesses that violate its policies. This move, prompted by concerns from a UK investigation, has led to challenges for Indian entrepreneurs like Pallavi, who runs a tiffin service in Jaipur. She reported a decline in inquiries after Google removed her photos and requested extensive […]
The Sensex and Nifty opened at fresh record levels in early trade today, September 28, 2024. The Sensex started trading today at 85571.85, down 264.27 points or 0.31%, and the Nifty was at 26178.95, down 37.10 points or 0.14%. Meanwhile, the Indian rupee was trading today at 83.72 against the dollar.
A current account is primarily used for business transactions and allows unlimited withdrawals and deposits, making it suitable for frequent transactions. In contrast, a savings account is designed for personal savings, offering interest on deposits with limited withdrawals per month. Savings accounts encourage saving money and usually have a lower minimum balance requirement.
A Demat account in India is essential for holding shares and securities in electronic form, eliminating the need for physical certificates. It simplifies trading by facilitating quick transactions and offers benefits like reduced risks of loss or theft. Demat accounts can hold various financial instruments, including stocks. They are linked to a bank account for […]
Indian stock markets pared their gains to end the week’s last trading session in negative territory. At the closing, Sensex was down 264 points, or 0.31%, at 85,571.85. It had touched fresh all-time highs of 85,978.25 during intra-day trade. Nifty, on the other hand, scaled an all-time high of 26,277.35 before ending Friday’s session with […]
DHL Express announced a 6.9% increase in parcel delivery prices in India, effective from January 1, 2025. The company adjusts prices annually, factoring in inflation, currency fluctuations, and regulatory costs. Despite global supply chain disruptions, DHL remains committed to providing stable services, said RS Subramanian, senior vice president for South Asia at DHL Express.
Recently, news about the remuneration of the actors in the movie “Devara” has gone viral on social media. It is reported that Jr. NTR received around ₹60 crores for his role. Jhanvi Kapoor reportedly earned ₹5 crores, while Saif Ali Khan received ₹10 crores. Prakash Raj’s remuneration is said to be ₹1.5 crores, Srikanth received […]
Apart from Hyderabad, residential house sales have declined in the top seven cities across the country. Real estate consultant Anarak O reported an 11% decrease in sales between July and September. A total of 1.07 lakh units were sold, compared to 1,20,290 units during the same quarter last year. In Hyderabad, the primary reason for […]
The steel industry does not anticipate any relief in domestic and global prices soon, despite a decline in global production to its lowest monthly level in 2024. Experts believe that a recovery in steel prices will depend on a combination of additional production cuts and increased consumption from China to stimulate demand and improve market […]
The Sensex and Nifty opened at fresh record levels in early trade today, September 27, 2024. The Sensex started trading today at 85897.38, up 61.26 points or 0.07%, and the Nifty was at 26248.25, up 32.20 points or 0.12%. Meanwhile, the Indian rupee was trading today at 83.64 against the dollar.
Dell Technologies announced that its global sales team must return to office five days a week starting September 30, citing a need to boost collaboration and skill development. Previously, the team worked three days in the office. Remote employees can continue working from home. The move aligns with other tech firms, like Amazon, which recently […]