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S&P 500 closes above key 5,000 level for first time as bullish sentiment spreads across Wall Street

Feb 10, 2024

New York, Feb 10 (IANS) The S&P 500 closed above the 5,000 level on Friday for the first time as bullish sentiment spreads across Wall Street and investors cheered fresh data showing progress on inflation, media reported. The landmark moment comes during a period of strong economic growth, the artificial intelligence revolution, a…

Sovereign Gold Bonds to be issued from Feb 12-16

Feb 10, 2024

New Delhi, Feb 10 (IANS) Finance Ministry on Friday said that the Sovereign Gold Bonds 2023-24 (Series IV) will be opened for subscription during February 12-16, with settlement date as February 21. The gold bonds will be issued by the RBI…

Business

Spotify shutting feature that lets podcasters use full licenced music tracks

Feb 10, 2024

San Francisco, Feb 10 (IANS) Music streaming giant Spotify has announced its decision to shut down some of its platform’s features in June, including web and mobile recording as well as 'Music + Talk' -- an experimental feature that allowed…

Business

FPI equity selling in 2024 at Rs 28,818 crores

Feb 10, 2024

New Delhi, Feb 10 (IANS) Chief Investment Strategist of Geojit Financial Services V K Vijayakumar on Saturday said that the FPI investment trend of selling in equity and buying in debt witnessed in January is also continuing in the month of…

Business

US announces over $5 bn investment in chip-related R&D, skill development

Feb 10, 2024

Washington, Feb 10 (IANS) The Joe Biden-Kamala Harris administration has announced to invest over $5 billion in semiconductor-related research, development and workforce needs.The investment will empower the National Semiconductor…

Business

OpenAI generating 100 bn words per day: Sam Altman

Feb 10, 2024

New Delhi, Feb 10 (IANS) ChatGPT maker OpenAI is currently generating about 100 billion worlds per day, its Co-founder and CEO Sam Altman revealed on Saturday, as he seeks trillions of dollars to reshape the future of chips and artificial…

Business

Centre to sign pact with TERI for institute for energy transition: R.K. Singh

Feb 10, 2024

New Delhi, Feb 9 (IANS) The Union Power Ministry intends to sign a memorandum of agreement with The Energy and Resources Institute (TERI) for setting up an institute for energy transition at TERI campus in Hyderabad, Union Power and New and…

Business

One97 Communications forms group advisory committee headed by ex-SEBI Chairman Damodaran

Feb 10, 2024

New Delhi, Feb 9 (IANS) The Board of One97 Communications Limited, which owns the brand Paytm, has announced the formation of a group advisory committee chaired by former SEBI Chairman M. Damodaran to work with the Board in further…

Business

RBI allows Indian bank branches in GIFT-IFSC to trade on international bullion exchange

Feb 10, 2024

Mumbai, New Delhi (IANS) The Reserve Bank of India (RBI) on Friday issued a circular allowing the branches of Indian banks in GIFT-IFSC to act as a Trading Member or Trading and Clearing Member of International Bullion Exchange IFSC Ltd…

Business

UP Industrial Development Minister Nandi visits IHGF Delhi Fair 2024

Feb 9, 2024

New Delhi/NCR – 9th February 2024 - The 57th edition of IHGF-DELHI FAIR – SPRING 2024 being held from 6th to 10th February 2024 at India Expo Centre & Mart, Greater Noida Expressway, is on its final two days with enquiries, order…

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