Stock markets surge tracking global rally, drop in oil prices
Continue Reading Mumbai: Stock market benchmark indices Sensex and Nifty surged in early trade on Monday, June 15, mirroring a rally in global equities and a sharp decline in crude oil prices, after the US and Iran finalised a deal to end their 107-day war. The 30-share BSE Sensex jumped 1,112.70 points to 76,648.74 in […]
Crude oil futures tank over 5 percent
New Delhi: Crude oil futures fell more than 5 per cent and slid to a three-month low of Rs 7,624 per barrel on Monday, June 15, after the US and Iran reached a peace agreement and the reopening of Strait of Hormuz triggered a sharp sell-off in energy markets.On the Multi Commodity Exchange (MCX), crude […]
Meta Partners With Reliance on AI-Enabled Data Center in India
Meta and Reliance Industries today announced a significant expansion of our strategic partnership with an agreement for an AI-enabled data center in India. Located in Jamnagar, Gujarat, this investment reaffirms Meta’s deep commitment to India, bringing infrastructure that powers our products and AI capabilities needed to deliver personal superintelligence to one of our largest and […]
SENSEX rises over 350 points, NIFTY above 23,300 led by Reliance Industries
Continue Reading The Indian equity benchmarks were trading higher on Wednesday, Sensex and Nifty latest update defying weak cues from Asian markets, powered by gains in index heavyweight Reliance Industries. The SENSEX rose as much as 436 points and NIFTY50 index touched an intraday high of 23,350 led by buying in heavyweights like Reliance Industries, ICICI […]
RBI maintains report rate at 5.25 pc, flags global risks
Mumbai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, in line with the expectations from economists. RBI Report Rate 5.25 % The Standing Deposit Facility (SDF) rate was set at 5 per cent, while the Marginal Standing Facility (MSF) rate […]