Election Excitement Fuels Investor Confidence · Both the Sensex and Nifty hitting record highs · Foreign Investors Shift Stance · Banking Stocks Lead the Charge · Crude Prices and Market Resilience In defiance of subdued global cues, India’s stock market surged to new peaks on Monday, with both the Sensex and Nifty hitting record highs. The Sensex soared to…
The central board of the RBI has approved a historic surplus transfer of Rs 2.11 trillion to the government for 2023-24, significantly exceeding expectations and demonstrating the central bank’s robust financial position. This surplus, allocated despite increasing the contingent buffer to 6.5%, offers an unexpected fiscal boon, potentially reshaping the government’s fiscal outlook for the…
Adani Enterprises shares briefly traded at pre-Hindenburg report levels. · Adani Enterprises’ stocks have emerged from the shadows, painting a picture of resilience and redemption. · That’s partially due to investments from Abu Dhabi-based International Holding opens new tab and U.S. boutique investment firm GQG Partners, which helped Adani shore up confidence. · Adani Group’s flagship company rallied…
DD Kisan television channel is set to unveil two revolutionary artificial intelligence-based anchors – AI Krish and AI Bhoomi. · These AI anchors represent a pioneering endeavor by Doordarshan Kisan to revolutionize information dissemination for farmers across India. · Embracing the cutting-edge capabilities of Artificial Intelligence (AI), DD Kisan is poised to become the first government TV…
Google is poised to revolutionize the Indian manufacturing landscape by considering Tamil Nadu as the epicenter for its drone production operations. · Reports reveal that Google is currently engaged in discussions with the Tamil Nadu government to establish cutting-edge facilities dedicated to drone manufacturing. · Google plans to export these locally manufactured drones to markets including the…
Delhi is all set to vote in the sixth phase of the Lok Sabha elections tomorrow, all 7 constituencies in the national capital are going to polls. · The national capital saw a BJP clean sweep in both the 2014 and 2019 elections, pushing opponents AAP and Congress to the periphery. · Delhi’s political arena is ablaze…
Amidst optimistic global signals, equity benchmark indices-initiated trading on Friday with an upward trajectory during the initial hours of trading. · The 30-share BSE Sensex surged to achieve an unprecedented peak, marking a historic milestone. · While the Sensex stole the spotlight with its historic ascent, the Nifty index also registered a commendable growth trajectory, albeit more…
In the wake of a mounting scandal involving his grandson, Prajwal Revanna, former PM and JD(S) chief HD Deve Gowda has stepped forward with a resolute stance. · Deve Gowda, in a public letter addressing the nation, expressed his profound disappointment and anguish over the allegations levied against Prajwal. · Interpol, acting upon a request from the…
In a recent interview with a news agency Swati Maliwal, an Aam Aadmi Party Rajya Sabha MP, bravely shared her first-hand experience of a harrowing assault that occurred on May 13. · According to Maliwal’s recollection, she visited Kejriwal’s residence around 9 am on May 13, anticipating a meeting with the Chief Minister. · Kejriwal’s aide, Bibhav…
Adani Group’s market capitalization soared past the USD 200 billion mark, Renewed Investor Confidence · Rapid Growth Trajectory, However, allegations of fraud surfaced when the London-based Financial Times published a story based on George Soros-backed Organization’s report. · Strong Rebuttal from Adani Group: “Baseless Allegations” · Despite the controversy, Adani Group stocks remained unaffected, indicating market resilience. · Market…
