Stock Market Rally: Indian benchmark indices rallied for the third consecutive session, with the Nifty crossing the 24,000 mark for the first time ever, driven by gains in Information Technology and energy sectors. At the close of trading on Thursday, the Sensex rose by 569 points, or 0.72 per cent, to settle at 79,243, while…
The Reserve Bank of India’s (RBI) Governor Shaktikanta Das emphasised the central bank’s vigilance towards emerging risks despite the Indian economy demonstrating robustness and resilience amidst global challenges. He cautioned about potential disruptions in the financial system stemming from advancements in new technologies around the world. Das stressed that while the current state of financial…
SEBI, the Securities and Exchange Board of India, is considering implementing regulations for finfluencers, who are social media influencers specializing in providing financial and investment advice. The discussions, anticipated during SEBI’s upcoming board meeting on June 27, are focused on establishing comprehensive guidelines and obtaining necessary approvals regarding the activities of finfluencers. This potential regulatory…
The Indian employment market is poised for significant growth, projected to expand by more than 6 per cent, according to TeamLease Services’ Employment Outlook Report for the first half of fiscal year 2025 (April 2024 to September 2024). This optimistic forecast is supported by an impressive economic environment across 23 industries. The report further reveals…
Personal Finance: Are you also interested in buying affordable homes, shops, or land? Then you have a golden opportunity to purchase them through the PNB Mega Property E-Auction. Punjab National Bank, the country’s second-largest government bank, is offering you the chance to buy several properties at discounted prices through its Mega E-Auction. This government bank…
Filmmaker Boney Kapoor and Bayview Projects, supported by Bhutani Infra, formally entered into a concession agreement with YEIDA on Thursday for the development of Noida International Film City. This agreement follows Bayview Projects winning the bid on January 31, offering the Uttar Pradesh government an 18 per cent revenue share, the highest among four competing…
The Income Tax (I-T) Department has issued a series of official notices to taxpayers, addressing various matters related to their I-T filings. These notices can encompass a wide range of issues, from simple requests for additional information or clarifications to more serious concerns such as discrepancies in tax returns, audits, or demands for outstanding tax…
Nobody is unaware of industrialist Ratan Tata’s love for dogs and how he leaves no stone unturned to do his bit for them. On Wednesday, the former chairman of Tata Sons turned to Instagram with an urgent plea. A dog, currently hospitalised at his Small Animal Hospital in Mumbai, is in critical condition and needs…
Share market today: The two key equity benchmarks, Sensex and Nifty, on Thursday erased early losses and are trading higher amid mixed global cues. At 10.30 am, the BSE Sensex jumped 333 points to 79,007. On the other hand, the NSE Nifty50 was trading at 23,966, up 98 points. Stock update On the 30-share Sensex…
Infosys chairman Nandan M Nilekani highlighted at the 43rd annual general meeting (AGM) that, unlike AI applications for consumers, the evolution of next-generation technology for enterprises will span several years. He emphasised that the primary challenge lies in harnessing AI to drive the next wave of productivity for businesses. Nilekani also noted that initial concerns…
