By Siddhant Mishra The Securities and Exchange Board of India (Sebi)’s decision to allow asset management companies (AMCs) to provide management and advisory services to all foreign portfolio investors (FPIs) operating from international financial services centres, or IFSCs, will give a significant boost to the GIFT City, said market and legal experts. Also read: Markets […]
Indian equity indices opened in green on Monday. The NSE Nifty 50 rose 192.10 points or 1.08% to 18,051.55 and BSE Sensex rose 642.60 points or 1.07% to 60,546.20. The top Nifty gainers were Hindalco, Tech Mahindra, Tata Motors, Tata Steel and UPL while Titan, HDFC Life, ICICI Bank, Hindustan Unilever and Eicher Motors were […]
Global pharma major Lupin Limited on Wednesday announced that it has received approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application for Loteprednol Etabonate Ophthalmic Suspension, 0.2 percent. The approval has been granted to market a generic equivalent to the reference listed drug (RLD) Alrex Ophthalmic Suspension, […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Thursday, 9 February 2023, keeping costs steady for about eight 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 at […]
By Prashant Joshi “I view gold as a currency, not a commodity. Its importance as a currency will continue to increase as the major central banks around the world continue to print money,” said John Paulson many years back, and the words couldn’t have been truer than that. One factor that usually affects gold prices […]
By Dharmesh Shah Equity benchmarks BSE Sensex and NSE Nifty 50 took a breather after two weeks of sharp up move amid inflation worries and mixed global. The Nifty 50 concluded the week on a subdued note at 17153, down 0.8%. Broader market relatively outperformed as Nifty midcap and small cap gained 1% and 0.3%, […]
India is poised to establish a National Maritime Domain Awareness Centre (NMDAC) in response to emerging threats in the Indian Ocean Region (IOR). “The primary objective of the NMDAC is to meticulously gather, analyze, and provide actionable intelligence to address maritime challenges such as terrorism, piracy, trafficking, and illegal fishing,” explained a source in the […]
The Japan Aerospace Exploration Agency (JAXA) recently made a significant announcement about its “Smart Lander for Investigating Moon” (SLIM) mission, confirming its successful entry into lunar orbit at 1.21 PM IST. If the mission accomplishes its objectives, Japan will join a select group of nations capable of executing a soft landing of a probe on […]
The Indian share market, which has been defying trends in global peers until recently to outperform, saw a sharp correction on Friday. Benchmark indices were trading deep in red with BSE Sensex falling over 800 points to trade below the 60,000 level and NSE Nifty 50 tanking 200 pts to give up 17,900 level. Except […]
Onetab, a generative AI SaaS startup, has announced the appointment of Judah Guber as vice-president of strategy and partnerships. According to an official release, as vice-president of strategy and partnerships, Guber will be responsible for spearheading Onetab’s strategic planning, identifying new business opportunities, and forging partnerships that align with the company’s vision and goals. Follow […]