Business

June 14, 2024 8:04 AM June 14, 2024 8:04 AM

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Oracle announced it would support the training of two lakh students in India

Cloud major Oracle has announced that it will support the training of two lakh students in India in cloud computing, data science, artificial intelligence (AI), and other emerging technologies. The company and Tamil Nadu Skill Development Corporation (TNSDC) have launched a specialised programme und...

June 13, 2024 6:42 PM June 13, 2024 6:42 PM

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Market Update: Sensex rises 204 pts; Nifty settles at 23,399

India's Equity Benchmark Indices ended in Green today amid mixed global cues. The Sensex rose 204 points, or 0.27 percent, to close at 76,811. Nifty gained 76 points, or 0.33 percent, to settle at 23,399.   In the broader market at the BSE, the Mid-Cap indices up by 0.79 percent and the Small-c...

June 13, 2024 11:20 AM June 13, 2024 11:20 AM

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Sensex, Nifty open at record highs

Indian equity benchmarks opened in green today. In Intra-day trade, The 30-share BSE Sensex jumped 539 points to hit its lifetime peak of 77,145.   The NSE Nifty climbed 158 points to its record peak of 23,481. This surge has been attributed to the positive sentiment prevailing in the market, f...

June 13, 2024 10:25 AM June 13, 2024 10:25 AM

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India’s IIP records growth of 5% in first month of FY 2024-25

India's Index of Industrial Production (IIP) recorded a growth of 5 percent for April 2024 over the corresponding period of the previous year.   The IIP growth rate in April 2023 was 4.6 percent. According to the data released by the Ministry of Statistics and Programme Implementation, growth r...

June 13, 2024 8:10 AM June 13, 2024 8:10 AM

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Retail inflation eases to 12-month low of 4.75 percent in May

India’s headline retail inflation eased to the lowest in a year at 4.75 percent in May 2024, according to the data released by the Ministry of statistics and programme implementation.      In the previous month of April 2024, the Consumer Price Index (CPI) inflation was at 4.83 percent.      The hea...

June 12, 2024 1:52 PM June 12, 2024 1:52 PM

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Nifty hits all-time high at 23,442, Sensex climbs to 76,981

Indian stock market has witnessed a historic surge in today. In intra-day trade, the NSE Nifty hit a fresh record high of 23,442 after gaining 170 points, while the S&P BSE Sensex rose by 525 points to reach 76,981.   This surge has been attributed to the positive sentiment prevailing in the mar...

June 11, 2024 7:26 PM June 11, 2024 7:26 PM

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Gold marginally down by 0.04 percent to trade at  Rs 71,406 per 10 grams

In Commodity market, Gold and Silver prices were trading on the lower side on Tuesday (11th June 2024) . The precious metal, for 5th August 2024 contract, marginally down by 0.04 percent and trading at 71,406 rupees per 10 grams.   On the other hand, Silver for 5th July 2024 contract, witnessed...

June 11, 2024 7:06 PM June 11, 2024 7:06 PM

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All three major US Indices end in Green

All three major US Indices ended in Green on Monday (11th June 2024). Nasdaq added 0.35 percent, Dow Jones Industrial Average rose 0.18 percent and S&P 500 gained 0.26 percent.

June 11, 2024 7:06 PM June 11, 2024 7:06 PM

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Rupee appreciates six paise to 83.57 against US dollar

The Indian rupee appreciated six paise to 83.57 against the US dollar on Tuesday (11th June 2024). The US Dollar, which indicates its strength against a basket of six other leading currencies was up by 0.21 per cent at 105.37.