Apple is making significant strides in expanding its manufacturing capabilities in India by planning to assemble the premium Pro and Pro Max models of the upcoming iPhone 16 series through its partner, Foxconn. This marks the first time these high-end models will be produced in India. According to a Bloomberg News report, Apple has already…
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New Delhi August 13 2024 : The Supreme Court on Tuesday closed the contempt case against Swami Ramdev and Patanjali Ayurved Managing Director Acharya Balakrishna, accepting their unconditional apology and an undertaking to refrain from issuing misleading advertisements. A bench comprising Justices Hima Kohli and Sandeep Mehta accepted the apologies, which had been repeatedly offered…
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The Indian stock market saw a mixed day with the Sensex gaining 200 points, or 0.24%, ending at 79,900.98, while the Nifty rose by 48.40 points, or 0.20%, closing at 24,415.90. The market breadth was slightly negative, with 1,715 shares advancing, 1,737 shares declining, and 106 shares remaining unchanged. Among the top gainers on the…
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Mumbai, August 9, 2024: The BSE Sensex jumped 824 points to reach 79,984.24 in early trade on Friday, with all sectoral indices trading in the green. The National Stock Exchange (NSE) also saw a significant rise, gaining 250.45 points to 24,367.45. After experiencing high volatility over the past three sessions, with a steep drop of…
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Mumbai, August 7, 2024: The rupee appreciated by 6 paise to 83.86 against the USD in the opening trade on Wednesday, driven by the selling of US dollars by bankers and exporters, as reported by foreign exchange dealers. This marks another session of gains for the domestic currency, which has been buoyed by a combination…
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The Reserve Bank of India (RBI), in view of the continuation of the Modified Interest Subvention Scheme by the central government, has asked banks to provide short-term crop loans and loans for allied activities such as animal husbandry, dairy, fisheries, and beekeeping up to a limit of ₹3 lakh per farmer at an interest rate…
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Domestic benchmark indices rebounded sharply today, rising over a percent in early trading amid mixed global cues. This follows a significant drop in global share markets, including Indian stocks, the previous day. The Sensex at the BSE jumped 918 points, or 1.17%, reaching the 79,678 mark in morning trades. The Nifty at the National Stock…
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New Delhi, August 5, 2024: Indian stock markets experienced a dramatic decline on Friday, with the Sensex falling by 2,600 points to 78,385.49 and the Nifty dropping 463.50 points to 24,254.20. This sharp drop comes in the wake of weaker-than-expected US jobs data, which has triggered global recession fears and led to a widespread selloff…
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Indian bullion market reports that 24 Karat gold has risen by 0.96% and is trading at ₹70,710 per 10 grams. Silver 99 fine has seen a 1.7% increase, with its price now at ₹84,270 per kilogram. The increase in gold and silver prices reflects a positive shift in the bullion market. This rise could be…
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Domestic benchmark indices plunged over one percent each in early trade today due to an across-the-board sell-off amid weak global cues. The Sensex at the Bombay Stock Exchange dropped 640 points to trade at 81,227 in the opening trade. Meanwhile, the Nifty 50 at the National Stock Exchange declined by 271 points, hitting the 24,740…
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