Seven of India’s top-10 most valued companies added Rs 1,28,281.52 crore in market capitalisation last week, with Reliance Industries and Bharti Airtel emerging as the biggest contributors, tracking gains in broader equities, PTI reported.The BSE benchmark rose 669.14 points, or 0.79 per cent, during the week. Reliance, Airtel top weekly gains The market valuation of…
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MUMBAI: The recent steep rise in the price of gold has catapulted the total estimated value of the yellow metal with Indian households to over $5 trillion, pegging it at about 125% of the country’s GDP. However, this massive gold purchase year after year “represents a conversion of financial savings (bank deposits) into physical assets….
NEW DELHI: In an important takeaway from Russian President Vladimir Putin’s first official visit to India since the start of the Ukraine war in 2022, India and Russia on Friday decided to expand cooperation in nuclear energy, with the two sides discussing the possibility of building a second nuclear power plant with Russian-designed reactors.“The Indian…
IndiGo, commanding approximately 65% of India’s domestic aviation sector, has cancelled over 5,000 flights this month. Fresh trouble for IndiGo? India’s largest airline by market share, IndiGo, may be in for more trouble after a week which saw thousands of flights being cancelled. India’s competition watchdog is considering launching an investigation into IndiGo to determine…
The CEO of crypto’s largest Decentralized Autonomous Organization (DAO) governance platform says the Biden administration was better for his industry than its successor — and is shutting down his company to prove the point. Tally, which powered on-chain governance for Arbitrum, Uniswap, ENS, and more than 500 other DAOs, will wind down operations after six…
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Wall Street’s main indices edged higher in choppy trade on Monday, recovering from the previous session’s sharp losses, even as the Middle East conflict widened and kept investors cautious.The Dow Jones Industrial Average rose 0.48 per cent, the S&P 500 gained 0.32 per cent, and the Nasdaq Composite advanced 0.19 per cent in early trade,…
India’s manufacturing sector is on high alert as the war involving Iran threatens to disrupt key maritime routes used for global trade. (AI image) US-Iran war impact: The ripple effects of the ongoing Middle East tensions, LPG supply issues, rising oil prices and closure of Strait of Hormuz are being felt across industries in India….
