New Delhi, July 18 (IANS) Prime Minister Narendra Modi on Saturday extended birthday greetings to Union Minister Ashwini Vaishnaw, praising his efforts in strengthening key infrastructure and promoting technology and innovation to support the vision of a developed India.In a post on social media platform X, Prime Minister Modi said, “Birthday wishes to Shri Ashwini Vaishnaw Ji. He is at the forefront of strengthening key infrastructure that will go a long way in building a Viksit Bharat. Equal…
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Mumbai, July 17 (IANS) Indian equity benchmarks ended sharply higher on Friday, supported by strong buying in private banking, information technology and auto stocks.The Sensex rallied 964.58 points, or 1.25 per cent, to close at 78,151.45. The Nifty also ended firmly in the green, rising 261.55 points, or 1.09 per cent, to settle at 24,334.30.Commenting on Nifty technical outlook, experts said that the 24,400 level remains the immediate resistance and coincides with the 200-day Exponential Movi…
New Delhi, July 17 (IANS) Broader Indian equity indices outperformed benchmarks in June, as smallcap and microcap indices gained 4.29 per cent and 6.35 per cent respectively, a report said on Friday.The report from Motilal Oswal Mutual Fund said the Nifty Midcap 150 gained 0.90 per cent for the month and delivered 17.21 per cent over three months.The Nifty Smallcap 250 gained 4.29 per cent in June and the Nifty Microcap 250 jumped 6.35 per cent.The three‑month returns of Nifty Smallcap 250 and…
New Delhi, July 15 (IANS) Export consignments worth over $140 million were dispatched on the first day of the landmark India–United Kingdom Comprehensive Economic and Trade Agreement (CETA) coming into force on Wednesday.A formal inauguration event to mark the entry into force of CETA was held at Vanijya Bhawan here. The function was attended by British High Commissioner to India Lindy Cameron, Commerce Secretary Rajesh Agrawal, Director General of Foreign Trade, representatives of Industry Ex…
Mumbai, July 15 (IANS) India’s benchmark equity indices ended in the green on Wednesday after a volatile trading session, with gains in banking and financial services stocks helping the markets overcome weakness in metal, information technology and realty shares.The Sensex rose 130.49 points, or 0.17 per cent, to settle at 77,185.43, while the Nifty advanced 26.45 points, or 0.11 per cent, to close at 24,074.85.Commenting on Nifty technical outlook, experts said that strong buying interest aroun…
Mumbai, July 11 (IANS) After rallying for four consecutive weeks, the Indian equity benchmarks posted mild weekly loss, as escalating tensions in West Asia sent crude prices higher.Nifty lost 0.26 per cent during the week and edged up 1.02 per cent on the last trading day to reach 24,206. At close, Sensex was up 827 points, or 1.08 per cent, at 77,569. It lost 0.25 per cent during the week.Indian equities experienced a volatile week, with early optimism giving way to a sharp bout of risk aversio…
Mumbai, July 10 (IANS) Domestic equity benchmarks ended about 1 per cent higher each on Friday, extending their gains on the back of strong buying in information technology (IT), financial stocks, and realty stocks.Nifty settled at 24,206.90, up 244.10 points or 1.02 per cent. Similarly, Sensex climbed 827.57 points or 1.08 per cent to close at 77,569.39.The rally was led by IT and realty stocks, with the Nifty IT index rising around 2 per cent to emerge as the top-performing sector. Financial s…
Thiruvananthapuram, July 9 (IANS) Artificial Intelligence (AI) must become an integral part of India’s education system and find applications across sectors beyond information technology if the country is to emerge as a global leader in the field, NASSCOM President Rajesh Nambiar said here on Thursday.Highlighting NASSCOM’s role in shaping India’s AI ecosystem, Nambiar said the industry body is working closely with the University Grants Commission (UGC) and other national education agencies to…
Mumbai, July 4 (IANS) The Indian equity benchmarks posted a fourth consecutive week of gains, over sustained correction in crude oil prices and expectations of a more favourable global interest rate environment.Nifty added 0.89 per cent during the week and edged up 0.39 per cent on the last trading day to reach 24,270. At close, Sensex was up 261 points, or 0.34 per cent, at 77,763. It added 0.86 per cent during the week.The domestic markets shifted from defensive caution at the start of the wee…
Thiruvananthapuram, June 22 (IANS) A day after being asked to head an ad hoc committee of the Association of Malayalam Movie Artistes (AMMA), Ramesh Pisharody, known for his wit and humour, carried the same flair into the Kerala Assembly in his debut speech. The Palakkad Congress MLA’s maiden speech in the Budget debate made the House laugh, but also delivered pointed political punches.Pisharody began by thanking the people of Palakkad for electing him, before targeting the Left over its defea…