Ten News Business: BSE Sensex surges over 650 points, Nifty above 21,000 | US Fed Reserve gives reason
Ten News Business: BSE Sensex surges over 650 points, Nifty above 21,000 | US Fed Reserve gives reason
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Indian banks expanding overseas footprint: RBI survey
Mumbai, Dec 13 (IANS) Indian banks increased their overseas presence through the subsidiaries route and their employee strength rose by 0.5 per cent and 6.2 per cent for foreign branches and subsidiaries, respectively, during 2022-23,…
BLAST partners NODWIN to enter India, Pak esports & gaming markets
New Delhi, Dec 13 (IANS) Esports entertainment company BLAST on Wednesday announced that it has teamed up with South Asia's leading esports and gaming media company NODWIN Gaming, to launch a Counter-Strike tournament -- 'The Draft', that…
ADB raises India’s GDP growth forecast to 6.7%
New Delhi, Dec 13 (IANS) Asian Development Bank (ADB) on Wednesday raised its forecast for India’s economic growth rate to 6.7 per cent for 2023-24 from 6.3 per cent that it had predicted in September.The upward revision is based on India’s…
India’s inflation rate 5.6% higher than most other nations: Bank of Baroda
Chennai, Dec 13 (IANS) Inflation in India at 5.6 per cent for November is higher than most other nations, the Bank of Baroda said in a report.
According to the report, the inflation in India is likely to remain high even in December due…
Zerodha CEO Nithin Kamath shares own deepfake video, warns about AI threats
New Delhi, Dec 13 (IANS) Zerodha Co-founder and CEO Nithin Kamath on Wednesday posted a video showing his own deepfake which was convincing enough to fool users into believing it was Kamath himself. He said the aim was to highlight the…
Markets remained flat for the past five trading sessions
Mumbai, Dec 13 (IANS) The markets remained flattish for the past five trading days despite continued rally in the US. "The markers are struggling to break the 21,000-mark on the Nifty and we are seeing some consolidation," said Jaykrishna…
Mahindra lines up Rs 875cr investment for two-wheeler unit
Mumbai, Dec 13 (IANS) Homegrown auto major Mahindra and Mahindra said on Wednesday it will invest Rs 875 crore in its two-wheeler unit, Classic Legends over the next two to three years.While Mahindra will invest Rs 525 crore, the rest of…
E-retail market in India likely to cross $160 bn in value by 2028: Report
New Delhi, Dec 13 (IANS) The e-retail market in India (both offline and online channels) is expected to cross $160 billion in value by 2028, riding on factors like improved physical and digital access, enhanced affordability and convenience…
Gaming industry’s mega event E3 now permanently cancelled, say organisers
New Delhi, Dec 13 (IANS) The E3 (Electronic Entertainment Expo) gaming event, once the world’s largest gaming event, has been permanently cancelled after two decades of its glorified run.Industry body Entertainment Software Association…