Indian equity benchmarks witnessed sharp selling pressure on Friday, with the Sensex plunging more than 1,000 points and investors losing nearly Rs 5 lakh crore in market value, as concerns over a weak monsoon, uncertainty around a US-Iran peace deal and continued foreign investor selling weighed on sentiment. The Sensex closed 1,092 points lower at…
As global trading trends race toward 24-hour, no-days-off markets, the U.S. Commodity Futures Trading Commission argued that it may be fine for the new blockchain-native players, but that expanded hours might not be appropriate for some of the traditional markets, the derivatives watchdog said in a Friday letter issued to the wide waterfront of firms…
NEW DELHI: Tata Motors is witnessing a surge in electric vehicle demand as rising fuel prices and inflation concerns push more consumers towards lower running-cost mobility options, particularly in the affordable passenger vehicle segment.“There is a sharp jump in just two months; it is about 2 to 2.5 times what it used to be for…
India’s largest airline IndiGo reported a consolidated net loss of Rs 2,536.9 crore for the March quarter compared with a profit of Rs 3,067.5 crore a year earlier, as sharp rupee depreciation and a challenging operating environment weighed on its performance, PTI reported.The airline’s total income rose more than 3 per cent to Rs 23,830.7…
NEW DELHI: The Central Board of Secondary Education (CBSE) detected around 20 cases of answer-sheet mix-ups during the first-time implementation of its on-screen marking (OSM) system this year, while more than 13,000 answer sheets ultimately had to be evaluated manually due to scanning quality issues, government sources told PTI on Friday.The issue came to light…
Check out the companies making the biggest moves midday: Energy stocks — The group fell for a fourth straight day after President Donald Trump said he was close to making ” a final determination ” on a deal to end the U.S.-Iran war. OneOK led the S & P 500 energy sector lower, losing more…
The government has asked state-run fuel retailers to expand liquefied petroleum gas (LPG) storage capacity to cover at least 30 days of demand, as supply disruptions linked to the West Asia conflict highlighted the need for larger reserves, PTI reported.“We are working on the strategic reserves. Oil marketing companies have been asked to work out…
The global rush to deploy autonomous AI agents across the internet, enterprise networks and consumer applications is creating a catastrophic security debt, according to the chief of blockchain security auditor Certik. While corporations ambitiously market these tools as productivity miracles, the crude reality is that it can be a very, very risky thing to do….
With a biofuel in the mix, E20 petrol aims at lowering emissions, at the same time reducing the requirement of petrol in the fuel mix. (AI image) For a country that imports over 85% of its crude needs, any savings in the oil imports bill is important. With the Middle East conflict and the US-Iran…
Valluvan (58), who cultivates in Pollachi district, said he was spending Rs 500 per tree annually while earning just Rs 300. NEW DELHI: A Tamil Nadu farmer who once lost Rs 200 on every coconut tree he grew, has transformed his 11 hectare holding into a Rs 2.5-3 lakh per acre enterprise through multi-crop, tree-based…
