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Nifty hits 24,000 for the first time, Sensex at record high

Jun 27, 2024

Mumbai, June 27 (IANS) Indian frontline indices again touched an all-time high on Thursday as strong buying was seen in IT stocks.Sensex and Nifty made an all-time high of 79,240 and 24,036 respectively. This is the first time that nifty crossed the 24,000 mark and Sensex exceeded the 79,000 level.At 12:55 p.m., Sensex was up 418 points or 0.53 per…

Maharashtra retains top spot for FDI inflows

Jun 27, 2024

Mumbai, June 27 (IANS) Despite stiff competition from various states, including Gujarat, Karnataka, Andhra Pradesh, Uttar Pradesh and Odisha, Maharashtra has retained its top position in Foreign Direct Investment (FDI) inflows in the…

Business

8 in 10 Indian MSMEs plan to increase Cloud spending in 2025

Jun 27, 2024

New Delhi, June 27 (IANS) About eight in ten Indian Micro, Small and Medium Enterprises (MSMEs), or 81 per cent, plan to increase their Cloud spending in 2025, as they scale investments in customer relationship management (CRM), financial…

Business

Indian MSMEs to create 2 lakh new jobs by 2025: Report

Jun 27, 2024

New Delhi, June 27 (IANS) The Indian micro, small and medium enterprises (MSME) sector employs about 1.2 crore people, and by 2025, the industry is expected to generate over two lakhs new jobs, a report showed on Thursday.The new job…

Business

AI flagship killer realme GT 6 democratises big storage in smartphones

Jun 27, 2024

New Delhi, June 27 (IANS) The evolution of mobile phones has been remarkable, transforming from bulky, brick-like devices with protruding antennas to today's sleek, powerful smartphones.Ironically, those early models had far less storage…

Business

India likely to see 5 times rise in data centre capacity expansion: Report

Jun 27, 2024

New Delhi, June 27 (IANS) Driven by steep data usage and digital adoption, India is likely to see a five times rise in data centre capacity expansion in years to come, a new report said on Thursday. The country requires an additional…

Business

Boosting business efficiency: PhonePe’s PG Solutions help SMEs, MSMEs to scale

Jun 27, 2024

New Delhi, June 27 (IANS) On the occasion of World MSME Day, demonstrating a deep commitment to supporting the backbone of the Indian economy, PhonePe Payment Gateway (PG) on Thursday shared that it is already working with more than half of…

Business

Sensex trades flat on negative global cues

Jun 27, 2024

Mumbai, June 27 (IANS) India equity indices opened flat on Thursday following negative cues from global markets.At 9:45 a.m., Sensex was up 20 points at 78,694 and Nifty was up 9 points at 23,877.Midcap and smallcap stocks are outperforming…

Business

Hyundai debuts Casper Electric SUV, showcases Genesis concepts

Jun 27, 2024

New Delhi, June 27 (IANS) Hyundai Motor on Thursday unveiled its Casper Electric sub-compact sport utility vehicle (SUV), the latest in the automaker's strengthening electric vehicle (EV) lineup.Unveiled at the ‘2024 Busan International…

Business

South Korea to create $3.5 billion fund for supply chain resilience, economic security

Jun 27, 2024

Seoul, June 27 (IANS) The government will create a 5 trillion-won ($3.59 billion) fund to extend low-interest rate loans for companies playing a major role in ensuring stable supply chains and will provide tax incentives for corporate…

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