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Sowrya consultancy
Today In History: What Happened On Nov 9

Today In History: What Happened On Nov 9

➢ World Quality Day, ➢ Uttarakhand Formation Day, ➢ National Education Day, ➢ National Journalism Day, ➢1985: Enactment of the act providing free legal aid to the poor and weaker sections, ➢ 1877: Birth of Muhammad Iqbal, poet in Urdu, ➢ 1895: Birth of Duvvuri Ramireddy, farmer poet, ➢1927: Maganti Annapurnadevi: Death of the writer, […]

November 9, 2024 / 10:31 AM IST
NSE’s Market Value Set To Reach Rs 1,000 Lakh Crore: NSE CDO Sriram Krishnan

NSE’s Market Value Set To Reach Rs 1,000 Lakh Crore: NSE CDO Sriram Krishnan

Sriram Krishnan, Chief Development Officer of the National Stock Exchange (NSE), stated that the market value of NSE-listed companies is expected to reach Rs 1,000 lakh crore in the next 10 years. Currently, there are 3,100 companies listed on the NSE, and adding another 3,000 companies will further increase the market value. More than 100 […]

November 9, 2024 / 09:21 AM IST
India’s Russian Oil Imports Helped Stabilize Global Prices, Says Hardeep Puri

India’s Russian Oil Imports Helped Stabilize Global Prices, Says Hardeep Puri

Union Minister Hardeep Singh Puri stated that India’s purchase of Russian oil helped prevent a surge in global oil prices, averting a rise to $200 per barrel. Speaking at the ADIPEC, Puri explained that India’s decision stabilized the market amid geopolitical instability. He also defended the strategy, emphasizing that India secured the best deals for […]

November 8, 2024 / 10:30 PM IST
India’s Forex Reserves Fall For Fifth Week Amid RBI Interventions

India’s Forex Reserves Fall For Fifth Week Amid RBI Interventions

India’s foreign exchange reserves declined by $2.675 billion to $682.130 billion for the week ending November 1, marking the fifth consecutive drop. This decrease follows a trend of falling reserves from a peak of $704.885 billion, likely due to RBI interventions to stabilize the rupee. Despite the decline, reserves remain sufficient to cover nearly one […]

November 8, 2024 / 09:55 PM IST
Swiggy IPO Oversubscribed On Final Day, Attracts Strong Institutional Demand

Swiggy IPO Oversubscribed On Final Day, Attracts Strong Institutional Demand

Swiggy’s IPO was oversubscribed on its final day, with a subscription rate of 3.59 times by 5:30 p.m. on Friday. Qualified institutional buyers led with a 4.49 times subscription. The IPO, valued at Rs 11,327.4 crore, includes 11.5 crore new shares. The price band is Rs 371-390 per share. Despite ongoing losses, Swiggy’s revenue grew […]

November 8, 2024 / 07:25 PM IST
HDFC Bank Raises Interest Rates On MCLR By 5 Basis Points

HDFC Bank Raises Interest Rates On MCLR By 5 Basis Points

In a big shock to HDFC Bank loan borrowers, the Marginal Cost of Funds-Based Lending Rate (MCLR) on select loans has increased by 5 basis points. As a result, interest rates on personal and vehicle loans will rise, and it will increase to around 9.45%. The interest on one-day loans has climbed to 9.10-9.15%, while […]

November 8, 2024 / 05:52 PM IST
Amazon Prime Video Launches AI-Powered ‘X-Ray Recaps’ For Seamless Binge-Watching

Amazon Prime Video Launches AI-Powered ‘X-Ray Recaps’ For Seamless Binge-Watching

Amazon Prime Video has launched an innovative feature called X-Ray Recaps, utilizing AI to provide viewers with concise, spoiler-free summaries of shows and movies. This tool helps users catch up on plot points whether they missed an episode or are revisiting a series. Currently in beta for Fire TV users in the U.S., X-Ray Recaps […]

November 8, 2024 / 04:40 PM IST
Shiv Nadar Leads India’s Philanthropic Donors, Ambani And Adani Trail

Shiv Nadar Leads India’s Philanthropic Donors, Ambani And Adani Trail

Shiv Nadar, founder of HCL Technologies, has topped the EdelGive-Hurun India Philanthropy List for FY24, donating ₹2,153 crore, a 5% increase from last year. Mukesh Ambani follows in second place with ₹407 crore, while the Bajaj family ranks third with ₹352 crore. Overall, 203 individuals contributed ₹8,783 crore, highlighting a growing trend in philanthropy among […]

November 8, 2024 / 04:17 PM IST
CLOSING BELL: Stock Market Ends In Red On Friday

CLOSING BELL: Stock Market Ends In Red On Friday

Stock markets ended in the red for the second consecutive session on Friday. Sensex shed 55.47 points or 0.07% to settle at 79,486.32, while the Nifty declined 51.15 points or 0.21% to 24,148.20. Broader markets also settled in the red, with Midcap and Smallcap falling 1.33% and 1.70%, respectively.

November 8, 2024 / 04:05 PM IST
Hombale Films Announces 3-Movie Collaboration With Prabhas 

Hombale Films Announces 3-Movie Collaboration With Prabhas 

Hombale Films recently shared exciting news for Prabhas fans, announcing that they will produce three major films with the actor. Hombale Films expressed that it is a pleasure to work with Prabhas to elevate the fame of Indian cinema worldwide. They stated, “We aim to create a cinematic experience that will be remembered forever. The […]

November 8, 2024 / 03:48 PM IST
OPENING BELL: Sensex Up 173 Points, Nifty Down At 21 Points

OPENING BELL: Sensex Up 173 Points, Nifty Down At 21 Points

The Sensex and Nifty opened at fresh record levels in early trade today, November 8, 2024. The Sensex started trading today at 79715.16, up 173.37 points or 0.22%, and the Nifty was at 24177.85, down 21.50 points or 0.09%. Meanwhile, the Indian rupee was trading today at 84.36 against the dollar.

November 8, 2024 / 09:20 AM IST
Sudha Murthy’s ‘Indian Mom’ Moment With Rishi Sunak Goes Viral

Sudha Murthy’s ‘Indian Mom’ Moment With Rishi Sunak Goes Viral

During a visit to Bengaluru’s Raghavendra Swamy Mutt, Sudha Murthy had a heartwarming “Indian mom” moment when she handed money to Rishi Sunak and his wife Akshata for temple offerings. The viral video captured the touching gesture, with social media users celebrating her embrace of traditional values. Sunak, proud of his Hindu faith, has often […]

November 7, 2024 / 09:25 PM IST
Income Tax Department Investigates Truecaller For Alleged Tax Evasion

Income Tax Department Investigates Truecaller For Alleged Tax Evasion

The Income-Tax Department conducted raids on Truecaller’s India offices in Bengaluru, Mumbai, and Gurugram, investigating potential tax evasion linked to transfer pricing issues. The Swedish-based company confirmed its cooperation with officials, emphasizing its commitment to transparency and proper tax practices. Truecaller stated that it has always paid taxes due in India.

November 7, 2024 / 07:55 PM IST
Global Solar Capacity Hits Record 2 Terawatts, Powers 92 Million US Homes

Global Solar Capacity Hits Record 2 Terawatts, Powers 92 Million US Homes

Global solar capacity has reached a record 2 terawatts (TW), with more capacity added in the last two years than in the previous 68 combined, according to exclusive data shared with Reuters. This milestone, enough to power approximately 92 million U.S. households, includes rooftop installations often excluded from official government data, offering a fuller picture […]

November 7, 2024 / 07:25 PM IST
BSNL Challenges Telecom Giants With 5G Rollout Plans In Delhi

BSNL Challenges Telecom Giants With 5G Rollout Plans In Delhi

BSNL is set to disrupt the market by launching its 5G services in Delhi, following a surge in customers due to tariff hikes by Jio, Airtel, and Vi. The state-owned operator has invited tenders for 5G network rollout using indigenous technology. The rollout will serve 100,000 subscribers, offering 5G mobile and fixed wireless access, and […]

November 7, 2024 / 07:15 PM IST