Business

OMCs back in foreign exchange market? Spike in $ demand raises buzz

The Indian rupee weakened against the dollar, closing at 95.4, as oil marketing companies reportedly resumed significant dollar purchases for…

2 months ago

Adani, IHC join hands for $11.5 billion aluminium project

Abu Dhabi's International Holding Company is significantly expanding its partnership with the Adani Group by investing $11.5 billion in a…

2 months ago

Chipflation is here and you’ll have to pay for it

The AI boom is driving up the cost of everyday electronics, a phenomenon dubbed 'chipflation'. Memory chip prices have surged…

2 months ago

Recruiters deploy AI to catch ghost coders

Campus hiring faces a new wave of sophisticated cheating, fueled by GenAI. Recruiters are battling hidden devices, AI tools, proxy…

2 months ago

US stock market today: Wall street trades mixed after job data release; Dow jumps 400 points, Nasdaq trades flat

Wall Street saw a mixed trading session as a weaker-than-expected US jobs report fueled hopes the Federal Reserve might pause…

2 months ago

Japan’s Rs 1 trillion investment push in India: PM Modi and Japanese PM Sanae Takaichi unveil initiatives to boost ties

Highlighting the growing economic partnership between the two nations, PM Modi said more than 100 new business agreements had been…

2 months ago

US adds just 57,000 jobs in June as hiring loses momentum despite easing unemployment

US job creation significantly decelerated in June, with only 57,000 new positions added, a stark drop from May's revised figure.…

2 months ago

Market wrap: Top gainers and losers on NSE Nifty50 and BSE Sensex today

Indian stock markets surged on Thursday, with Sensex and Nifty climbing nearly 1%. A significant rally in IT stocks, coupled…

2 months ago

Air India Express restores Middle East flights: Check routes, destinations and schedules

Air India Express has fully reinstated its Middle East flight operations, bringing back services to Kuwait and Salalah. Flights to…

2 months ago

FPIs continue to exit India: June equity outflows hit Rs 49,340 crore as debt inflows persist

Foreign investors continued their exit from Indian equities in June, withdrawing Rs 49,340 crore amid global risk aversion and domestic…

2 months ago