Market outlook for next week will depend upon the next set of July-September quarter results for fiscal 2024-25 (Q2FY25), the scheduled monthly derivates expiry, FII activities, geopolitical tensions, US Presidential election polls and global and domestic macroeconomic data, as per experts. Last week, the benchmark indices fell as sharp selling across all the sectors. Profit … Read more
The Union government is set to launch BRIC – National Agri-Food Biomanufacturing Institute (BRIC-NABI), at Mohali in Punjab, in a bid to strengthen India’s capabilities in agricultural biotechnology and bioprocessing. The new institute, to be inaugurated on October 28, will focus on developing high-yield crops. It also aims to produce sustainable biomanufacturing technologies, and value-added … Read more
Vegetable prices in the retail markets of West Bengal, especially those in the state capital of Kolkata, have skyrocketed on the last Sunday before the festivities of Kali Puja and Diwali next week. It is apprehended that the prices of vegetables will escalate further next week for two reasons: the first being heavy demand … Read more
The Union government is set to launch BRIC – National Agri-Food Biomanufacturing Institute (BRIC-NABI), at Mohali in Punjab, in a bid to strengthen India’s capabilities in agricultural biotechnology and bioprocessing. The new institute, to be inaugurated on October 28, will focus on developing high-yield crops. It also aims to produce sustainable biomanufacturing technologies, and value-added … Read more
The cumulative foreign portfolio investor (FPI) selling in equity through the Indian stock exchanges stood at Rs 102,931 crore (till October 24), as the market remained resilient. Last week, FPIs pulled out Rs 20,024 crore from Indian equities as main indices, Nifty and Sensex, declined by 2.7 per cent and 2.2 per cent, respectively. However, … Read more
India’s young workforce is making the country a global powerhouse of skilled talent, said Prime Minister Narendra Modi, while extending his best wishes to over 8 lakh graduates nationwide. The PM shared this in a written message at the Kaushal Deekshant Samaroh 2024 – Skill Convocation Ceremony, organised by the Ministry of Skill Development and … Read more
Rajasthan Chief Minister Bhajan Lal Sharma on Saturday inaugurated the renovated and upgraded Terminal-1 of the Jaipur International Airport, saying the facility re-opened after almost 11 years is set to benefit tourists as well as investors. Speaking on the occasion, the Rajasthan Chief Minister said: "The inauguration of the airport's international Terminal-1 is a symbol … Read more
The Indian startup ecosystem raised around $187 million in funding this week, that included four growth-stage and 13 early-stage deals. At least 21 domestic startups cumulatively raised $187 million across 10 deals between October 21-26. Last week, 39 early and growth-stage startups had raised around $450 million in funding. This week, Singapore’s sovereign wealth fund … Read more
Aimed at promoting the scaling and adoption of impactful AI solutions to enable large-scale socio-economic transformation, the IT Ministry has launched the ‘IndiaAI CyberGuard AI Hackathon’. This hackathon is part of the applications development initiative within the IndiaAI Mission, which seeks to advance the development, deployment, and adoption of AI applications in critical sectors. The … Read more
Union Minister for Electronics and IT and Railways, Ashwini Vaishnaw, on Saturday said the country’s AI mission is advancing with strong collaborations among industry, government and academia. In a post on X, Vaishnaw said he met Meta's Chief AI Scientist Dr Yann LeCun and discussed the country’s potential in AI and skilling the youth. "Met … Read more