Asian shares slipped on Monday after a run of upbeat economic data from the United States and globally lessened the risk of recession, but also suggested interest rates would have to rise further and stay up for longer. Bond markets took a beating in the wake of stunning reports on jobs and services, catching speculators […]
By Atul Soneja In 2023, the IT industry saw significant advancements in technologies such as Generative AI (GenAI), Digital Twins, the Internet of Things (IoT), and Machine Learning (ML), presenting organizations with a sustainable way to achieve excellence across industries. As we look ahead to 2024, emerging technologies, sustainability concerns, and evolving consumer preferences will […]
Wall Street was set to tap the brakes on Thursday as upbeat jobs data after a firm message from the Fed that it won’t be cutting interest rates any time soon offset China’s latest reopening plans.News that China’s mainland border with Hong Kong will be reopened after three years had sent Asian-Pacific shares outside Japan […]
By Nuvama Research FMCG major Godrej Consumer Products Ltd (GCPL) expects a double-digit sales growth in the domestic market for the December 2022 quarter. GCPL’s Q3FY23 update, is better-than expectations with a 9% y-o-y Ebitda growth (versus a 15% y-o-y dip in Q2FY23). This is the first quarter to showcase meaningful improvement under the new […]
Vodafone Idea shares surged 25% in trade on Monday as the government permitted converting the telecom operator’s interest dues into equity. Vodafone Idea scrip touched an intraday high of Rs 8.55, up 24.8% from Friday’s close of Rs 6.85. The net present value of the interest dues regarding the AGR dues and deferment of spectrum […]
Gold price declined by Rs 355 to Rs 60,095 per 10 gram in the national capital on Monday amid weak global cues, according to HDFC Securities. The precious metal had settled at Rs 60,450 per 10 gram in the previous trade. Silver also tumbled Rs 420 to Rs 73,680 per kg. “Spot gold prices in […]
As the wheels of progress continue to turn, the Indian Ministry of Roadways has reached significant milestones in the year 2023, reaffirming its commitment to infrastructural development and connectivity across the nation. From ambitious roadway projects to the expansion and modernization of national highways, the ministry has been at the forefront of fostering economic growth […]
Oil prices slipped in early Asian trade on Wednesday after falling by more than $1 a barrel in the previous session as industry data pointed to a much bigger-than-expected surge in U.S. crude inventories. Brent crude futures lost 20 cents to $85.38 per barrel by 0111 GMT, while U.S. West Texas Intermediate (WTI) crude futures […]
Adani Enterprises Ltd (AEL), through its wholly owned subsidiary, Adani Global Limited and Sirius International Holding Limited (Sirius), a subsidiary of International Holding Company (IHC), UAE have entered into an agreement to create a new joint venture named Sirius Digitech International Limited (Sirius JV), an entity based in Abu Dhabi. Sirius JV will be owned […]
The Delhi Directorate of Education announced its intention to deploy rehabilitation para-professionals in the seven special schools it recently assumed control of, in accordance with the Rights of Persons With Disabilities Act 2016 and National Education Policy 2020. This decision stems from deliberations held in June during a meeting of the academic committee tasked with […]
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