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Nobel Prize for Economics: Know the winners and their contributions

The Sveriges Riksbank Prize in Economic Sciences for 2022, popularly called the Nobel prize for economics, has been awarded to three American economists, Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises.”

High inflation, weak global cues drag Sensex 390 points down

The 30 stock S&P BSE Sensex closed 390.58 points or 0.68 per cent down at 57,235.33 points against its previous day's close at 57,625.91 points. The Sensex started the day in the red at 57,512.74 points and it slumped to a low of 57,055.75 points in the intra-day. The Sensex touched a high of 57,568.14 points in the intra-day.

Wipro shares drop 7 per cent as firm reports 9% decline in Q2 profit

The shares of Wipro were trading at Rs 378.95 at 12.56 pm in the afternoon, down 7.11 per cent from the previous close. The IT major reported a decline of 9.27 per cent in its consolidated profit after tax at Rs2,659 crore for the quarter ended September 2022. The PAT of the firm was Rs2,930 crore in the year-ago period.