New Delhi, Nov 9 (IANS) India's equity benchmark Nifty 50 may hit the 28,000 mark by the end of 2027, implying an upside of about 12 per cent from its last close of 24,986.4, supported by a strong earnings outlook, lower oil prices and the prospect of slower global artificial intelligence-related capital expenditure, a report has said.
New Delhi, Nov 9 (IANS) The Indian rupee appreciated by 25 paise to 93.68 against the US dollar in early trade on Monday, amid a decline in crude oil prices, improving foreign fund inflows, and hopes of de-escalation in West Asia.
New Delhi, Nov 9 (IANS) The Confederation of All India Traders (CAIT) will hold a national meeting of senior trade leaders from across the country in the national capital on November 13 to deliberate on protecting businesses from disruptions caused by protests and agitations and formulate a coordinated strategy to safeguard traders’ livelihoods.
New Delhi, Nov 9 (IANS) State-owned oil marketing companies (OMCs), including Bharat Petroleum Corporation Ltd (BPCL), on Monday reaffirmed the quality of E20 petrol amid allegations of excessive ethanol blending in Karnataka citing a test conducted in the presence of customers that recorded 19.9 per cent ethanol in a petrol sample.
New Delhi, Nov 9 (IANS) Tesla CEO Elon Musk and billionaire investor Bill Ackman on Monday backed NVIDIA CEO Jensen Huang amid a controversy, urging people to support the technology leader and his family and endorsing a defence of Huang’s importance to US artificial intelligence leadership.
Mumbai, Nov 9 (IANS) Indian equity benchmarks opened higher on Monday, tracking positive global cues and gains in financial and banking stocks.
New Delhi, Nov 9 (IANS) NVIDIA’s board of directors has announced that they are launching an independent investigation following reports that CEO Jensen Huang was targeted by a Chinese spy operation, after Huang admitted he had an affair with a former executive at Singapore-based chip company.
New Delhi, Nov 8 (IANS) Former International Monetary Fund (IMF) chief economist Gita Gopinath has warned that the global artificial intelligence (AI) investment boom is approaching a potential valuation correction as companies may struggle amid fierce competition to recover the massive funds that are being poured into the technology.
Mumbai, Nov 8 (IANS) Gold sales across India during Dhanteras and Lakshmi Puja are estimated to cross Rs 62,000 crore, reflecting strong consumer demand despite elevated gold prices, according to the All India Gem and Jewellery Domestic Council (GJC) on Sunday.
Dhaka, Nov 8 (IANS) The ban on Awami League in Bangladesh has left the future of the country's garment workers into the dark, as the latter's protests against rising inflation is being linked to the banned political outfit in Dhaka, resulting in their police detentions, according to a media report.
