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Musk returns as world’s richest man; net worth of richest persons up $1.5 trillion

Dec 29, 2023

New Delhi, Dec 29 (IANS) Tesla and SpaceX CEO Elon Musk has returned as the world's richest man, recapturing the title from French luxury tycoon Bernard Arnault. Musk earned an additional $95.4 billion through Thursday's close, boosted by the success of Tesla and SpaceX, after losing $138 billion in 2022, according to the Bloomberg Billionaires…

Core sector industries post 7.8% growth in Nov

Dec 29, 2023

New Delhi, Dec 29 (IANS) The eight core sector industries, which include coal, steel and electricity, posted a growth of 7.8 per cent in November compared to the same month last year, official data released on Friday showed.Coal production…

Business

Fiscal deficit for April-Nov stands at Rs 9.07 lakh crore

Dec 29, 2023

New Delhi, Dec 29 (IANS) India's fiscal deficit for the first eight months of the current financial year (April-November) stood at Rs 9.07 lakh crore, or 50.7 per cent of the annual estimate, according to government data released on…

Business

India cybersecurity market reaches $6 bn, to have 5% global share by 2028

Dec 29, 2023

New Delhi, Dec 29 (IANS) Cybersecurity market in India reached $6 billion in 2023, growing at a compound annual growth rate (CAGR) of over 30 per cent during 2019-23, a new report showed on Friday.Cyber security products segment grew by…

Business

Nifty ends 2023 higher by 20%

Dec 29, 2023

Mumbai, Dec 29 (IANS) Nifty corrected after rising for five sessions on Friday, but closed the week higher by 1.79 per cent. It closed the month higher by 7.9 per cent and the year higher by 20 per cent, said Deepak Jasani, Head of Retail…

Business

Gold expected to move much higher in 2024

Dec 29, 2023

New Delhi, Dec 29 (IANS) The price of gold is expected to test levels from $2,060 to $2,090 per ounce, and on any correction if $2035 holds, the prices may target $2,115 level in the current up-move, as per a report by Emkay Wealth…

Business

Aamir Khan’s sea-facing building to be redeveloped by MICL Group

Dec 29, 2023

Mumbai, Dec 29 (IANS) Man Infraconstruction Ltd will redevelop a building partly owned by Bollywood mega-star Aamir Khan in the posh Pali Hill area of Bandra west, a statement said here on Friday. The sea-facing building with Aamir Khan…

Business

Physics Wallah’s revenue up 3.4x to Rs 798 cr in FY23, expenses grow to Rs 777 cr

Dec 29, 2023

New Delhi, Dec 29 (IANS) Edtech platform Physics Wallah (PW) on Friday reported a total revenue of Rs 798 crore in FY23, up 3.4 times from the previous financial year.PW’s total expenses grew to Rs 777 crore in FY23 from Rs 103 crore a year…

Business

Govt likely to cut petrol, diesel prices ahead of LS polls

Dec 29, 2023

New Delhi, Dec 29 (IANS) The government is likely reduce the petrol and diesel prices ahead of the Lok Sabha polls as crude oil prices have also come down in the international market which will enable the oil marketing companies to bear the…

Business

Cypherock X1 hardware wallet awarded highest rating by Coin Bureau

Dec 29, 2023

New Delhi, Dec 29 (IANS) Cypherock, the pioneering web3 security startup, on Friday announced that its groundbreaking product, the Cypherock X1 hardware wallet, has been awarded an exceptional rating of 4.8/5 by Coin Bureau, the foremost…

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