Asian equity markets struggled for direction on Tuesday as the bounce from Beijing’s efforts to support stocks ebbed, while bonds rallied and the dollar dipped ahead of U.S. labour and manufacturing data due later in the week. Amid growing expectations those data points could come in soft, U.S. Treasuries extended overnight gains, driving two-year yields […]
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International Day of Yoga 2023: Here’s a sneak peek into the preparations – See PhotosInternational Day of Yoga 2023: Here’s a sneak peek into the preparations – See Photos
1/11 International Day of Yoga will be observed on Wednesday. Across the world, it has been celebrated every year on June 21 since 2015, following its inception in the United Nations General Assembly (UNGA) in 2014.Originated in ancient India, Yoga is a physical, mental, and spiritual practice. In his UN address in 2014, Prime Minister Narendra Modi […]
Wall Street set to open higher with focus on Nvidia’s high-stakes resultsWall Street set to open higher with focus on Nvidia’s high-stakes results
Wall Street was set to open higher on Wednesday, with the spotlight firmly on Nvidia as investors wait to see if its results could reignite an artificial intelligence-powered rally in megacap growth stocks.Rising bets that Nvidia’s revenue target will once again surpass Wall Street estimates pushed the chipmaker’s stock to a record high on Tuesday, […]
IIT Gandhinagar calls applications for Masters in Cognitive and Brain SciencesIIT Gandhinagar calls applications for Masters in Cognitive and Brain Sciences
Indian Institute of Technology Gandhinagar (IIT Gandhinagar) is inviting applications for its Masters in Cognitive Science programme that will be offered by its Department of Cognitive and Brain Sciences, as per the official announcement from the institute. As per the institute, for interested students, a written examination will be conducted via online mode while interviews […]
Heatwave in Delhi: IMD issues warning for Delhi-NCR and adjoining areas – See PhotosHeatwave in Delhi: IMD issues warning for Delhi-NCR and adjoining areas – See Photos
1/6 The Indian Meteorological Department (IMD) has issued a heat wave warning for Delhi-NCR and adjoining areas on Monday. It has also predicted strong surface winds reaching speeds of 25-35 kilometres per hour during the day. (PTI photo) 2/6 On Sunday, the maximum temperature has breached the 45-degrees-Celsius mark in parts of national capital with […]
Programmed into every job: The future of work will be about humans and machines working in tandemProgrammed into every job: The future of work will be about humans and machines working in tandem
Siddharth Pai Workers in the information technology (IT) industry worry about the decline in computer programming jobs due to the rise of automation and artificial intelligence (AI). Many former stalwarts are spelling doom for the industry. Consulting house McKinsey made a prediction circa 2018 that was even more dire, and which encompassed more than just […]
Eight of top 10 firms lose Rs 2.28 lakh cr in mcap; HDFC Bank, Reliance biggest laggardsEight of top 10 firms lose Rs 2.28 lakh cr in mcap; HDFC Bank, Reliance biggest laggards
The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities. Last week, the BSE benchmark fell 1,829.48 points or 2.69 per cent, and the Nifty declined […]
Nifty to slip under 19400 or bulls to come back? See GIFT Nifty, FII data, F&O ban, crude before market opensNifty to slip under 19400 or bulls to come back? See GIFT Nifty, FII data, F&O ban, crude before market opens
GIFT Nifty was 0.34% lower during Friday’s early trading session at 19,317, indicating an opening in the red for domestic indices NSE Nifty 50 and BSE Sensex. On Thursday, domestic benchmarks NSE Nifty 50 and BSE Sensex ended in negative territory. The Sensex closed down by 0.6% at 65,151.02, while the Nifty 50 shed 100 […]
Rupee falls 15 paise against US dollar on foreign fund outflowsRupee falls 15 paise against US dollar on foreign fund outflows
The rupee stayed on the downward track for the second straight day to settle 15 paise lower at 83.28 against the US dollar on Tuesday due to a firm greenback against major currencies overseas and persistent foreign capital outflows.Besides, weak equity market sentiment and elevated levels of crude oil prices — hovering above USD 92 […]
Sebi asks brokers functioning in ‘execution only platform’ to maintain minimum capital depositSebi asks brokers functioning in ‘execution only platform’ to maintain minimum capital deposit
Capital markets regulator Sebi on Friday asked stock brokers functioning only in the Execution Only Platforms (EOP) segment to maintain a sum of Rs 10 lakh with the bourse as a base minimum capital deposit. The EOP is a digital or online platform which allows transactions in direct plans of mutual funds without the help […]