harshvirani

Global e-commerce major Amazon on Thursday said it is on track to enable Indian businesses surpass $13 billion in cumulative e-commerce exports from India by the end of year.  The company said that as part of its ‘Amazon Global Selling’ programme launched in 2015, 1.5 lakh exporters have cumulatively sold over 40 crore ‘Made in … Read more

It is now well established that by the end of this decade, India is set to be the world’s third-largest economy under Prime Minister Narendra Modi-led government’s third term, Gautam Adani, the Chairman of the Adani Group, said here on Thursday.  In his address at the city’s Jai Hind College on the occasion of Teachers’ … Read more

 Gold held below a one-week high on Friday and was on track for a weekly gain, as market participants focussed on U.S. jobs data that could shape the size of an expected rate cut this month. Spot gold was little changed at $2,516.00 per ounce as of 0221 GMT, after hitting a one-week high of … Read more

India's benchmark indexes are set to open little changed on Friday, as traders await a crucial U.S. jobs report to gauge the size and speed of the Federal Reserve's interest rate cuts. The GIFT Nifty was trading at 25,176 points as of 8:05 a.m. IST, indicating that the NSE Nifty 50 will open near its … Read more

The U.S. dollar sagged near a one-week low versus major peers on Friday with job market indicators sending mixed signals ahead of crucial monthly payrolls data later in the day that is almost certain to set the pace for Federal Reserve policy easing. The dollar index, which gauges the currency against a basket of six … Read more

The FIIs as per Thursday's data were net buyers in both equity and debt segments, according to data released by the NSDL.  In equity segment, the gross buying was of Rs 17701.36 crore against gross selling of Rs 16115.43 crore. Thus, FIIs stood as net buyers of Rs 1585.93 crore in equities. In the debt … Read more

 India has taken many massive strides in green energy and is committed to working with the world for a green future, said Prime Minister Narendra Modi on Thursday.   In his virtual address to the first International Solar Festival being held in the national Capital, PM Modi said that a “clearer approach” and “remarkable growth … Read more

India's benchmark indexes ended marginally lower on Thursday as investors awaited further clarity on the health of the U.S. economy. The Nifty 50 index lost 0.21% to 25,145.10 points, while the S&P BSE Sensex shed 0.18% to 82,201.16. The indexes posted a second consecutive session of losses following a record rally. "There appears to be … Read more

Union Finance Minister Nirmala Sitharaman on Thursday said that the goods and services tax (GST) rate is much below the revenue neutral rate (RNR), originally suggested at 15.3 per cent, which means less burden on taxpayers.  The current average GST rate has decreased to 12.2 per cent as of 2023, much below the revenue neutral … Read more

 The Telangana government on Thursday unveiled its vision of Artificial Intelligence City, an ambitious project that will come up on 200 acres near Hyderabad.  The state-of-the-art AI City will serve as a vibrant hub for the AI ecosystem, hosting an AI Advisory Council supported by an AI research and collaboration network, leading universities, global corporations, … Read more