Mumbai: Equity market benchmark indices Sensex and Nifty rebounded in early trade on Friday after staying on the back foot for the past five straight sessions, helped by value buying at lower levels and rally in blue-chips Infosys, Tata Consultancy Services and...
Forex traders said foreign fund outflows from Indian equities following the government’s decision to hike the tax rate on capital gains weighed on the local currency and restricted the upmove. At the interbank foreign exchange market, the local unit opened at 83.72...
New Delhi: In yet another success story of India’s local manufacturing push, iPhone maker Apple has achieved record exports numbers in the April-June quarter in the country, reaching around $3.8 billion. Riding on the government’s production-linked incentive (PLI)...
New Delhi: Amid the changing landscape where cyber-criminals use novel methods to steal personal data, the Digital Personal Data Protection (DPDP) Act, 2023 upholds individuals’ rights to safeguard their data, incorporating established principles for its protection,...
Mumbai: India’s frontline indices opened in the red on Wednesday as heavyweights like HUL and Bajaj Finance emerged as top losers. At 9:52 a.m., Sensex was down 280 points or 0.35 per cent, at 80,174 and Nifty was down 72 points or 0.30 per cent. Buying is seen in the...
Mumbai: The rupee declined 3 paise to 83.69 against the US dollar on Tuesday after the government raised tax rates on capital gains in the FY25 Budget. Besides, a weak tone in the US dollar and weakness in crude oil prices also put pressure on the domestic unit, forex...
New Delhi: iPhone maker Apple is believed to be the biggest beneficiary of a 5 per cent reduction in import duty on mobile phones and the move could lead to savings of as much as USD 35 to 50 million for the tech titan, market experts said on Tuesday. Industry...
New Delhi: Tech giant Meta on Wednesday announced that its artificial intelligence assistant Meta AI is now available in seven new languages including Hindi, and has become more creative and smarter. Besides Hindi and Hindi-romanised script, Meta AI is now available...
New Delhi: The Indian startup ecosystem on Tuesday hailed the Union Budget 2024 for abolishing angel tax — the tax imposed on funds raised by startups from angel investors — for all classes of financiers. Union Finance Minister Nirmala Sitharaman, in her budget...
Ahmedabad: Adani Green Energy Limited (AGEL) on Wednesday said it has operationalised the first 250 MW wind capacity at the world’s largest 30,000 MW (30 GW) renewable energy plant at Khavda, Gujarat. With this milestone, 2,250 MW of cumulative capacity has been made...