Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Monday, 20 March 2023, keeping costs steady for about nine months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
By Anita Inder Singh, Multi-aligned India is dependent on America’s foes China and Russia for trade, arms, and oil, respectively. For India, the greatest use of the US is against China, which threatens its territorial integrity and its influence in the immediate South Asian neighbourhood. Paradoxically, India is dependent on both Russia and the US […]
Benchmark indices BSE Sensex and NSE Nifty declined in trade on Thursday. Sensex fell almost 200 points to 60,152 while Nifty 50 gave up 17,700 amid negative global cues. The broader markets traded mixed, with the midcap and smallcap indices gaining the most. Sectorally, Nifty Metal was the top gainer, while Nifty Auto slid 0.85%. […]
Inflation, interest rate trajectory, global slowdown, currency and commodity prices are key factors to watch out for in 2023, says Jinesh Gopani, head of equities at Axis Mutual Fund. In an interview with Ashley Coutinho, he says domestic flows are expected to remain resilient, while FPI flows may improve amid a weaker US dollar. Edited […]
India office market in 2023 culminated with 58.2 million sqft of gross absorption across the top 6 cities, said a report by Colliers India. The last quarter of the year witnessed the highest-ever demand for office spaces in India, with all the three southern cities of Bengaluru, Chennai and Hyderabad registering best performance since the […]
Non-banking financial companies (NBFC) must further strengthen governance and internal audit standards, in-line with the implementation of scale-based regulations, the Reserve Bank of India (RBI) said in its latest report on the trend and progress of banking in India. In the face of tightened liquidity and increased competition from banks in categories such as auto […]
One of the struggling sectors in India, not all seems to be well for the ed-tech companies. Investments in the sector declined 89% to $0.277 billion between January-December (till date) from $2.5 billion in CY22, revealed data from Tracxn, a start-up data platform. Interestingly, when compared with investment in CY21, when the industry received a […]
Reliance Jio Infocomm Chairman Akash Ambani recently revealed that his company is working with the IIT-Bombay to launch BharatGPT, which will rival Sam Altman’s ChatGPT. The 32-year-old Ambani scion made the statement while addressing IIT-Bombay’s Techfest. Apart from dropping major updates on BharatGPT, Ambani also said that Jio is also looking to launch an operating […]
Indian share market outperformance is likely to take a breather in the first half of 2023, given relative valuations. However, India is still expected to have better growth than most parts of EM due to a relatively strong macro environment, analysts said. The market staged a smart recovery in the last week of 2022. The […]
Twitter boss Elon Musk has threatened to file a lawsuit against Microsoft after the multinational IT company said that it will drop Twitter from its advertising platform. Musk accused Microsoft of using Twitter data ‘illegally’. “They trained illegally using Twitter data. Lawsuit time,” he tweeted. A user asked if Musk had a long term plan […]
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