India sees Rs 24,000 cr worth online festive sales in 4 days, mobiles lead

Bengaluru (IANS) Led by mobiles, e-commerce platforms in India clocked over Rs 24,500 crore (nearly $3.5 billion) in the first four days of the festive sales that began from September 22, signalling a better-than-anticipated kickoff to the festive…

Look for opportunities to buy on dips

The week gone by saw markets gain on the first two days of the week and then lose on the remaining three days. The selling pressure was quite a bit and the losses at the end of the week were substantial.

BSE SENSEX lost 741.87 points or 1.26…

PM Modi set to gift 5G services to Indians on Oct 1

New Delhi (IANS) The National Broadband Mission (NBM) under the Ministry of Communications on Saturday tweeted (and later deleted) that Prime Minister Narendra Modi will officially roll out the 5G services in India on October 1 -- the same day when…

Rupee slips first time below 81-mark against US dollar

Mumbai (IANS) The Indian rupee fell below 81-mark against the US dollar during the early morning trade for the first time against the US dollar.

This was because of uncertainty created after the uptick in dollar index, increase in policy rate…

Aiming a low carbon future, Air India, AirAsia India and Vistara partner with CSIR-IIP

New Delhi (IANS) Air India, AirAsia India and Vistara (Tata Group Airlines) joined hands with the Council of Scientific and Industrial Research - Indian Institute of Petroleum on Thursday to collaborate and work together on the research, development…

Rupee hits new all-time low as dollar index rises to 20-year high

Mumbai (IANS) The Indian rupee has depreciated to the record low since the morning trade after the dollar index surged to 20-year high and 75 basis points rate hike by the US Fed, and hint at more rate hikes in the future.

Rupee's previous…

India creating massive AI database to boost startup ecosystem: Rajeev Chandrasekhar

Mumbai (IANS) 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…

Future of financing in India is through digitisation: Sitharaman

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Tuesday said that future of financing in India is going to be governed through digitisation, noting that in July 2022 alone, 6.2 billion transactions worth Rs 10.6 trillion were conducted.

India to see record smartphone sales worth Rs 61,000 cr this festive season

New Delhi (IANS) India is likely to witness record sales of smartphones this festive season, at around $7.7 billion (over $61,000 crore), and 1 out of every 3 smartphones sold during the festive season will be 5G enabled, a report showed on Tuesday.

After 12 years, TINA mindset for global equities is shaken

New Delhi (IANS) Tighter policy rates are now scrambling the mindset that 'There Is No Alternative' (TINA) to equities, Morgan Stanley said in a report.

Meanwhile, for much of the last 12 years, it was common to hear some variation…