BHUBANESWAR: Adani Group’s acquisition of agricultural land near the mineral-rich and sacred Gandhamardhan Hills in Odisha‘s Balangir district has sparked a political controversy, with opposition parties questioning whether the company intends to undertake mining in the area. Adani Group and BJP have dismissed the concerns.According to govt land records, Adani Group subsidiary Mahanadi Mines and…
All market segments, including equity, derivative, and SLB, will not operate today. (AI image) Stock market holiday today: Trading activities at both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are closed today due to the Maharashtra Assembly Election 2024. All market segments, including equity, derivative, and SLB, will not operate during this…
The Ministry of Electronics and Information Technology is crafting these standards as informal guiding principles. (Image source: Freepik) Use of AI: The government is developing voluntary guidelines and ethical standards for organisations involved in artificial intelligence (AI) and generative AI operations, according to sources who spoke to ET.The Ministry of Electronics and Information Technology is…
Monthly expiry options data reveals increased call writing at 23,500 levels, suggesting continued weakness. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in trade on Tuesday. While BSE Sensex was above 78,300, Nifty50 was near 23,750. At 11:35 AM, BSE Sensex was trading at 78,383.59, up 1,045…
Indian equities are starting to appear less overvalued now. Indian stocks are starting to look less expensive, going by a much-watched valuation indicator, though there could be more earnings downgrades in small- and mid-cap stocks.Modi trade falters ahead of Maharashtra assembly pollsStocks that were expected to gain from Prime Minister Narendra Modi’s economic policy agenda…
NEW DELHI: SBI chairman CS Setty on Monday said that the structural transformation in the domestic banking sector is driven by investment opportunities aided with ease of doing business and digitalization. He also pointed out that, over the past decade, banks have not placed sufficient emphasis on deposits.At a panel discussion on the ‘role of…
NEW DELHI: The government looks to revolutionise the maritime sector by 2047 with an investment of Rs 80 lakh crore to enhance port capacity, shipping, ship building and inland waterways, Union Minister Sarbananda Sonowal said on Monday. Addressing ‘Sagarmanthan – The Great Oceans Dialogue’, Sonowal said key projects include the Vizhinjam International Seaport in Kerala,…
NEW DELHI: Quick commerce platform Zepto on Monday said announced the rollout of its cafe service in major cities and said it targets a revenue run-rate of Rs 1,000 crore by 2026. It will serve through over 120 Cafes at stores across Mumbai, Delhi, Bengaluru, and soon in Hyderabad, Chennai, and Pune, a company statement…
The Reserve Bank of India is planning to initiate a pilot programme next year in 2025, which will offer data storage to financial institutions at reasonable prices, according to sources cited by Reuters.In the first-of-its-kind initiative from a major global central bank, the cloud platform will be utilizing local IT firms, against Amazon Web Services,…
Apple supplier Foxconn has directed its recruitment agents in the country to remove age, gender, marital status criteria, and the company’s name from job advertisements for iPhone assembly positions, news agency Reuters reported.Foxconn, which employs numerous women at its Sriperumbudur iPhone facility near Chennai, relies on third-party vendors for assembly-line worker recruitment. These vendors identify…
