Mumbai, Feb 13 (IANS) The Indian equity markets posted notable losses early on Friday as IT stocks plummeted for the second consecutive session tracking weakness in US tech stocks over AI fears.As of 9.25 am, Sensex lost 672 points, or 0.80 per cent, to reach 83,002, and Nifty lost 207 points, or 0.80 per cent, at 25,600.Main broad-cap indices posted stronger losses than benchmark indices, as the Nifty Midcap 100 declined 1.38 per cent, and the Nifty Smallcap 100 dipped 1.62 per cent.All sectora…
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Mumbai, Feb 3 (IANS) The Indian equity markets surged sharply by around 3 per cent early on Tuesday with broad-based buying across sectors, buoyed by the announcement of the India-US trade deal.As of 9.25 am, Sensex added 2,421 points, or 2.97 per cent, to reach 84,088, and Nifty gained 741 points, or 2.96 per cent to settle at 25,829.India and United States have agreed to a trade agreement under which reciprocal tariffs on Indian goods will be slashed to 18 per cent from 25 per cent, and the ad…
Washington, Jan 31 (IANS) A federal jury in San Francisco has convicted a former Google software engineer of stealing sensitive artificial intelligence trade secrets for the benefit of China, marking the first-ever conviction on AI-related economic espionage charges, US officials said.Linwei Ding, also known as Leon Ding, 38, was found guilty on seven counts of economic espionage and seven counts of theft of trade secrets after an 11-day trial before US District Judge Vince Chhabria in the North…
New Delhi, Jan 28 (IANS) While China has introduced a slew of measures to boost its population demographic, the country’s birth count is shrinking and rapidly shifting as an ageing society, according to a media report.According to the latest official data, China’s birth count registered a historic low last year — just 7.92 million births, a 17 per cent drop from 9.54 million the previous year, and the lowest figure since 1949, Myanmar-based MeKongNews reported.The overall population fell by…
Mumbai, Jan 28 (IANS) The Indian equity markets posted strong gains on Wednesday, extending gains from the previous session after the conclusion of a long-awaited trade deal with the European Union (EU) raised hopes of an economic boost.As of 9.30 am, Sensex added 545 points, or 0.67 per cent, to reach 82,402, and Nifty gained 183 points, or 0.73 per cent to 25,359.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 gained 0.77 per cent, and the …
Mumbai, Jan 27 (IANS) The Indian equity markets opened the week lower on Tuesday amid persistent FII selling and mixed December quarter results.As of 9.25 am, Sensex dipped 436 points, or 0.54 per cent, to reach 81,101, and Nifty declined 110 points, or 0.44 per cent to 24,938.India and the European Union are set to announce the conclusion of negotiations on a Free Trade Agreement (FTA) at the India–EU Summit on Tuesday, that could boost the market sentiment later, especially in pharma, textil…
Mumbai, Jan 22 (IANS) The Indian benchmark indices posted strong gains in early trade on Thursday, after US President Donald Trump walked back on his tariff threats against eight European countries over Greenland ownership.As of 9.25 am, the Sensex added 568 points, or 0.69 per cent to reach 82,477 and the Nifty advanced 160 points, or 0.64 per cent to 25,317.Main broadcap indices overperformed the benchmark indices, with the Nifty Midcap 100 adding 0.94 per cent, and the Nifty Smallcap 100 adva…
Aizawl, Jan 19 (IANS) Mizoram Chief Minister Lalduhoma on Monday laid the foundation stone for the 24 MW Tuirini Small Hydro Electricity Power Project in Aizawl district.The project will be commissioned as an Externally Aided Project, funded through a loan from the Shanghai-based New Development Bank (NDB).Officials said that the project will be set up on the banks of the Tuirini River at a total cost of Rs 676.98 crore.Addressing the function, the Chief Minister recalled that a 10 MW Thenzawl S…
New Delhi, Jan 15 (IANS) Europe’s legal and political conflict with China over control of chipmaker Nexperia has disrupted cooperation between raised longer-term questions about stability within global supply chains, a report said on Thursday.The report from Investment Monitor said the conflict between Nexperia’s Holland‑based company and a key manufacturing site in China’s Guangdong halted production at multiple car manufacturing plants.“As countries jockey for control over different stages…
Mumbai, Jan 13 (IANS) Following a sharp recovery from lower levels, Indian benchmark indices traded flat with a negative bias on Tuesday amid rising geopolitical tensions and sustained foreign institutional outflows.As of 9.29 am, Sensex slipped 85 points, or 0.10 per cent to 83,792 and Nifty eased 22 points, or 0.08 per cent to 25,768.Main broad-cap indices showed slight divergence with benchmark indices, with the Nifty Midcap 100 up 0.11 per cent, while the Nifty Smallcap 100 added 0.38 per ce…