Market ends low amid IT selloff; mid, small-caps underperform
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
Jio Platforms Limited plans to offer Starlink solutions through its retail stores and online platforms.
The consumer price index (CPI)-based retail inflation for February slipped to 3.61 per cent amid a decline in the rate of price rise in vegetables and protein-rich items.
According to the report launched by the NHB, on Trends and Progress of Housing in India, 2024, Individual housing loan disbursements were recorded at Rs 4.10 lakh crore during the half-year that ended September 2024, while for the full financial year 2023-24, disbursements reached Rs 9.07 lakh crore.
India's economic growth will exceed 6.5% in the next fiscal, up from 6.3% this year, said Moody's Ratings on Wednesday. It cited the higher government capex and consumption boost from tax cuts and interest rate reduction for this growth.
The richest Indian professional-person of Indian origin is a woman, Jayashree Ullal of Arista Networks. Ullal, born in London and raised in India, heads the Arista Networks, US and is the richest professional with a wealth of Rs 16,600 crore, as per the IIFL Wealth Hurun India Rich List 2022.
Adani Transmission Ltd (ATL), India's largest private power distribution company and the transmission arm of the diversified Adani Group, has submitted its Green House Gases (GHG) emission reduction plans, focussing on Science Based Targets initiative (SBTi), an international drive for containing global warming.
Amid the losses that the aviation sector incurred during the Covid pandemic, Air India Express, India's first budget airline on regional international routes, reported a net loss - for the first time in seven years - of Rs 72.33 crore in FY2022, against a net profit of Rs 98.21 crore in FY2021.
Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Wednesday that the country is creating one of the largest datasets programmes where anonymised non-personal data will be available for the entire AI ecosystem to boost the startup ecosystem.
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Production Linked Incentive (PLI) scheme for solar PV modules with an outlay of Rs 19,500 crore for achieving a manufacturing capacity of Giga Watt (GW) scale in High-Efficiency Solar PV Modules.
