People watch stock trading on a large screen in Mumbai. File/Reuters
The Indian equity markets is set to face another volatile week ahead, as the ongoing flight of foreign funds is expected to continue on the back of latest taxation surcharge on the super rich category along with subdued quarterly earning numbers.
Strong gains by index major Infosys and Sun Pharma aided the Sensex in advancing over 160 points on Monday. Infosys hit its all-time high level with 7.2 per cent gain on the back of strong numbers in its quarterly results
Ahead of the fourth quarter results of the IT heavyweights Infosys and TCS, and key macro data release, major equity indices ended the week on a higher note led by gains in banking stocks. The BSE Sensex closed 160.10 points or 0.41 per cent higher at 38,767.11. The broader Nifty finished 46.75 points or 0.40 per cent higher at 11,643.45. “Market turned positive despite a weak rupee as investors
The contribution of core digital sectors like information technology-business process management (IT-BPM), digital communications, and electronics manufacturing to India’s gross domestic product (GDP) may increase from seven per cent in 2017-18 to eight to 10 per cent in 2025, says a new report from McKinsey Global Institute.
Pakistan’s Board of Investment (BoI) on Monday organised an investment promotion seminar to apprise the potential foreign investors on investment policies and potential in Pakistan.
Toyota and Hyundai embarrassed billionaire Elon Musk with going ahead with hydrogen fuel cells cars.Tesla founder Musk earlier described hydrogen fuel cells as "absolutely ridiculous and illogical".
The face of the $20.51 trillion global banking industry and the payment industry is changing rapidly due to the Open Banking revolution