The Indian rupee was little changed near a record low on Friday, as likely intervention by the central bank countered the impact of outflows from local stocks. The rupee was at 84.37 as of 11:40 a.m. IST, just shy of its all-time low of 84.3775 hit in the previous session. State-run banks were spotted offering … Read more
Zaggle Prepaid Ocean Services is currently trading at Rs. 426.80, up by 10.90 points or 2.62% from its previous closing of Rs. 415.90 on the BSE. The scrip opened at Rs. 422.65 and has touched a high and low of Rs. 428.00 and Rs. 415.20 respectively. So far 9616 shares were traded on the counter. … Read more
Asian stocks pared early gains on Friday as investors cautiously turned their focus to stimulus announcements from China later in the day with Beijing's week-long legislative meeting drawing to a close. Regional equities had started the day by tracking Wall Street's overnight rise to record highs, with investors digesting the Federal Reserve's message for careful … Read more
Gold prices fell on Friday and were headed for a second straight weekly fall as traders assessed the impact of Donald Trump's presidency and its implications for U.S. interest rates. Spot gold fell 0.7% to $2,687.65 per ounce as of 0645 GMT and has slid nearly 2% this week. Prices hit over three-week lows on … Read more
The U.S. Federal Reserve’s decision to lower interest rates typically has wide-reaching implications for economies around the globe. As one of the world’s largest and most influential economies, the Fed's monetary policy affects everything from emerging markets to currency stability. For India, a rate decrease in the U.S. can bring both opportunities and challenges. Here, … Read more
Google Cloud is committed to empowering artificial intelligence (AI) startups in India to drive innovation and growth, the tech giant said on Thursday, as it unveiled several new initiatives at an event here. At its ‘AI Startups Summit’, the company announced several programmes and partnerships designed to accelerate the growth of AI startups in the … Read more
The U.S. Federal Reserve’s decision to reduce interest rates has set the stage for other central banks worldwide to reassess their monetary policies. For India, the Reserve Bank of India (RBI) faces a unique set of challenges and opportunities in light of this development. While a Fed rate cut often opens the door for other … Read more
Mahindra & Mahindra is currently trading at Rs. 2903.70, up by 13.65 points or 0.47% from its previous closing of Rs. 2890.05 on the BSE. The scrip opened at Rs. 2923.95 and has touched a high and low of Rs. 2941.00 and Rs. 2850.70 respectively. So far 47059 shares were traded on the counter. The … Read more
Jubilant FoodWorks is currently trading at Rs. 602.30, up by 4.85 points or 0.81% from its previous closing of Rs. 597.45 on the BSE. The scrip opened at Rs. 594.55 and has touched a high and low of Rs. 604.10 and Rs. 594.55 respectively. So far 12453 shares were traded on the counter. The BSE … Read more
Credit rating agency ICRA in its latest report has said that domestic air passenger traffic in India reached 138.5 lakh in October, marking a 6.3% rise compared to 130.3 lakh in the previous month. It stated year-on-year, domestic air passenger traffic grew by 9.6% in October, with figures 12.8% higher than pre-COVID levels of 122.8 … Read more