Indian government bond yields were trading largely unchanged in the early session on Tuesday as local retail inflation stayed above the central bank’s target, cementing bets of another hike in policy rates next month. Profit booking and higher state debt supply also offset the impact of a further fall in U.S. yields. The 10-year benchmark […]
Rice prices surged to a fresh 15-year high, fueled by strong demand and lingering supply concerns. Thai white rice 5% broken — an Asian benchmark — climbed for a third straight week to reach $659 a ton on Wednesday, according to the Thai Rice Exporters Association. That’s the highest since October 2008 and brings the […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices remain unchanged on Monday, 16 January 2023, keeping costs steady for more than seven months now. In Delhi, petrol price is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is […]
Domestic equity indices BSE Sensex and NSE Nifty end mildly in the green amid positive global cues. Sensex added over 100 points, settling at 62,677, while Nifty gained 0.28% to close at 18,660. Bank Nifty hit a fresh high intraday for the second consecutive session, tops the 44,100 level and ended 100 points higher. Nifty […]
The Indian rupee opened lower at 81.59 per dollar on Tuesday against the previous close of 81.50. The local unit is likely to depreciate today amid a strong dollar and persistent FII outflows. Moreover, investors will closely watch key macroeconomic data from the US like CB consumer confidence, which is expected to increase from 108.3 […]
Actor and Desiya Murpokku Dravida Kazhagam (DMDK) founder Captain Vijayakanth, 71, passed away on Thursday morning after getting admitted for pneumonia. He was on ventilatory support at the MIOT International hospital in Chennai. A statement by the hospital read, “Captain Vijayakanth was on ventilatory support following his admission for pneumonia. Despite the best efforts of […]
The Construction arm of Larsen & Toubro on Wednesday said that it has been chosen as the turnkey Engineering, Procurement and Construction contractor to establish various systems related to renewable energy generation and utilities, for the AMAALA project in the Red Sea region, Saudi Arabia. AMAALA is an ultra-luxury destination set in the Prince Mohammed […]
Tata Power has posted a 91% rise in consolidated net profit at Rs 1,052 crore for the third quarter ended December, beating Street estimates, led by good performance of its business clusters. In comparison, the company had posted a net profit of Rs 552 crore during the same period a year ago. During the reporting […]
A year ago, generative AI (GenAI) was just coming onto the scene for enterprises— now it’s a priority. As organisations around the world deploy GenAI for customer service, automation, and many other business cases, they understand its requirements — huge volumes of data, massive computing power, advanced security architecture, and rapid scalability. For development and […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open lower, as Nifty futures traded 40 points lower at 18,310 on the Singaporean exchange. Benchmark indices NSE Nifty and BSE Sensex ended Monday’s session broadly in green. The Nifty 50 jumped 1.12% to 18,271.8 and Sensex surged 709.96points to 61,764.25. […]