The combined market valuation of nine of the top-10 most valued firms slumped by Rs 2.51 lakh crore last week, with Reliance Industries taking the biggest hit, in line with a weak trend in equities. Last week, the BSE benchmark Sensex tanked 2,032.65 points or 2.43%. “Markets witnessed a sharp sell-off during the week, with…
Infosys is asking its work-from-home employees to share details of their household electricity consumption as part of the company’s efforts to map the electricity usage of its hybrid workers. Infosys’ work-from-home employees have received an internal mail from its Chief Financial Officer Jayesh Sanghrajka, announcing an electricity consumption survey, which is about a few minutes long,…
The National Stock Exchange (NSE) and BSE will remain closed on Jan. 26 to mark Republic Day, according to the NSE’s official holiday list. This is the second stock market holiday in January after Jan. 15. Trading in equity derivatives, securities lending and borrowing (SLB), currency derivatives and electronic gold receipts (EGR) will remain suspended…
With the objective of economically empowering women and creating livelihood opportunities, Assam Chief Minister Dr. Himanta Biswa Sarma on Saturday launched the distribution of cheques worth Rs. 10,000 each to 30,806 women under the Mukhya Mantri Mahila Udyamita Abhiyan (MMUA) in the Borkhetri Assembly Constituency of Nalbari district.With this, the scheme has so far benefited…
A patriotic atmosphere has surrounded India as the country prepares to celebrate the 77th Republic Day on Jan. 26. The main event, the Republic Day parade, will take place at Kartavya Path in Delhi to mark the adoption of the Indian Constitution in 1950. Across the country, celebrations are held to honour the nation’s history…
Binance co-founder Changpeng Zhao told CNBC on Friday he believes bitcoin will break its four year cycle this year because the U.S. and other countries have become crypto-friendly. “If you are looking at today, tomorrow, on a daily basis, there’s no way I can predict” which way the price of bitcoin is going to go,…
India’s crude oil sourcing strategy has shown a clear shift toward lower-risk and more execution-reliable supply, with the Middle Eastern barrels gaining share as Russian crude flows remain present but increasingly selective and compliance-driven. Import of Russian crude oil dropped to around 1.1 million barrels per day in the first three weeks of January, from…
Japanese Prime Minister Sanae Takaichi sent a fresh warning to financial markets amid a weakening yen and surging bond yields, saying the government will be ready to take action. “It is not for me as a prime minister to comment on matters that should be determined by the market, but we will take all necessary…
The International Cricket Council (ICC) has delivered a stern message to the Pakistan Cricket Board (PCB) in the wake of its chief, Mohsin Naqvi’s comments about Pakistan potentially bowing out of the upcoming T20 World Cup. Naqvi had hinted that Pakistan may decide to withdraw from the tournament following the ICC’s decision to eliminate Bangladesh,…
PM Narendra Modi (File photo) NEW DELHI: Prime Minister Narendra Modi on Sunday urged young citizens to register as voters upon turning 18, calling it a vital step towards strengthening India’s democracy and fulfilling their constitutional responsibility.Speaking during the 130th episode of his monthly radio programme Mann Ki Baat, Modi highlighted the significance of the…
