India’s use of semi-conductors is predicted to exceed USD 110 billion by 2030, according to Prime Minister Narendra Modi, and the country has the world’s fastest-growing start-up ecosystem. According to him, India is poised to lead the next technological revolution, with investments being made, among other things, in building 5GContinue Reading
In Thursday’s intra-day trade on the BSE, shares of Poona Dal & Oil Industries set a new high of Rs 103.15 and remained trapped at the 10% upper circuit on the back of hefty volumes. The edible oil company’s stock has soared 86 percent in the last four trading days,Continue Reading
After reaching a new high, Mukesh Ambani’s Reliance Industries Ltd (RIL) became the first Indian listed firm to have a market capitalization of Rs 19 trillion. In an otherwise sluggish market, the stock set a record high of Rs 2,827.10, up 2% on the BSE in intraday trade on Wednesday.Continue Reading
After the stock of Gautam Adani-led edible oil giant Adani Wilmar (AWL) achieved a record high of Rs 802.80 on the BSE in Tuesday’s trade, it joined the select group of companies with a market capitalization (m-cap) of Rs 1 trillion. According to BSE data, at 10:40 a.m., AWL wasContinue Reading
Sri Lankan stocks fell and were set for another day of trading stoppage when the market opened for the first time in two weeks, during which the economic situation worsened. Within seconds after resuming trading, the Sri Lanka Stock Exchange Colombo All-Share Index plunged as much as 6.7 percent, whileContinue Reading
Sri Lankan stocks fell and were set for another day of trading stoppage when the market opened for the first time in two weeks, during which the economic situation worsened. Within seconds after resuming trading, the Sri Lanka Stock Exchange Colombo All-Share Index plunged as much as 6.7 percent, whileContinue Reading
Zomato, an online meal delivery service, stated on Friday that it will serve 100 percent plastic-free orders starting in April 2022, to deliver more than 10 crore items in sustainable packaging over the next three years. Zomato Founder and CEO Deepinder Goyal stated in a blog post that the companyContinue Reading
President Joe Biden is set to announce plans on Thursday to send additional military aid to help Ukraine fight back against the Russian invasion, according to a US official. The official, who was not authorized to comment publicly and spoke on the condition of anonymity, said Biden will deliver a Thursday morningContinue Reading
Oil prices were down about 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation. Brent crude, the global benchmark, fell $5.91, or 5.22%, to settle at $107.25 a barrel, while U.S. West Texas Intermediate dropped $5.65,Continue Reading
Ukrainian President Volodymyr Zelenskyy said Russian troops in southern Ukraine have been carrying out torture and kidnappings, and he called on the world Sunday to respond. Torture chambers are built there, Zelenskyy said in an evening address to the nation. They abduct representatives of local governments and anyone deemed visible to localContinue Reading
