Indian Financial News

IBM. Speaking at the flagship IBM Think conference in Mumbai, on Tuesday, Paul Burton, general manager, IBM Asia Pacific, and Sandip Patel, managing director, IBM India and South Asia, said that skill gaps and talent scarcity are also driving larger investments in artificial intelligence (AI) and automation.

NEW DELHI : Direct-to-home (DTH) service provider Tata Play Ltd (earlier Tata Sky) on Tuesday added Apple TV+ on its over-the-top (OTT) aggregation service Tata Play Binge. This marks the American streaming video platform’s debut on any Indian aggregator, and its only second such tie-up worldwide.

trade deal, namely the Regional Comprehensive Economic Partnership (RCEP), considered the world’s largest free trade bloc, covering around 30% of the world’s population, gross domestic product (GDP) and trade. The RCEP came into full force on 2 June.

₹259 crore in stocks today. As per the NSE data, FIIs cumulatively bought ₹13,653.37 crore of Indian equities, while they sold ₹14,700.56 crore --- resulting in an outflow of ₹1,047.19 crore.

G20 Summit concluded with a successful adoption of declaration after bringing all the G20 leaders into common ground. Apart from the diplomatic success, the whole summit served as a platform to highlight India's rich culture and heritage. G20 summit's main aim was to introduce the global leaders with India's rich culture and heritage.

₹12-15 lakh for his services over a two-month period. According to a report in The Indian Express, around 100 messages were exchanged between Stimac and Sharma between May and June 2022. The Indian team had played around 4 matches during this period against the likes of Cambodia, Afghanistan, Hong Kong and Jordan.

Indian Air Force (IAF) IL-78 tanker refuelled Mig 29 M and Rafale fighter aircraft of the Egyptian Air Force as part of the Exercise Bright Star-23, Indian Air Force said on Tuesday. The IAF Mig 29 UPG was also seen as part of the mission. «Interoperability in the Egyptian skies! An IL-78 tanker of the Indian Air Force refuels Mig 29 M and Rafale fighters of the Egyptian Air Force as part of Ex Bright Star 23. IAF Mig 29 UPG also seen as part of this mission,» the Indian Air Force said. Yesterday, the IAF highlighted that Exercise Bright Star-23 has moved to its last phase. The last phase will involve assets of all participating forces and follow a build-up to more complex joint missions. Taking to their social media 'X', the Indian Air Force stated, «Exercise #BrightStar 23 moves on to its culmination phase.

free trade agreement (FTA), with investment negotiations set to run parallel to goods and services trade negotiations. The Economic and Financial Dialogue saw a continuation of the G20 discussion on digital payments with several countries expressing interest in India's Unified Payments Interface during G20 discussions.

The MCX October gold futures were trading up by Rs 35 or 0.06% from the Monday closing price at Rs 58,965 per 10 gram on the MCX while the December Silver futures were trading at Rs 72,160 per kg, higher by Rs 218 or 0.30%. On Comex, Gold futures were trading at $1,946 per troy ounce on Tuesday, down by $1.20 or 0.06% while Silver futures were at $23.445, higher by $0.062 or 0.270%. The October Gold futures had ended with gains of Rs 40 or 0.07% per 10 gram at Rs 58,938 on Monday while the December Silver futures closed lower at Rs 71,940, down by Rs 377 per kg or 0.53%. Expert Anuj Gupta, Head Commodity & Currency, HDFC Securities said that the market was awaiting the US economic data and FOMC decision on interest rates, later this month while adding that profit booking in dollar index from higher levels was also the reason why gold is steady. «For trading gold may trade between $1,910 to $1,930 levels and on the MCX it may trade between Rs 58,500 and Rs 59,300 levels with broadly mixed trend,» he added.. Prithviraj Kothari, MD & CEO of RiddiSiddhi Bullions Limited (RSBL) said that a higher-than-expected monthly reading may encourage hawkish Fed bets and further weigh down on gold.

Stock market today: After a gap of 36 sessions, NSE Nifty climbed to a new peak of 20,008 during Monday deals. However, the 50-stock index took 52-sessions to race from 19,000 to 20,000 peak. While Nifty rallied to 20,000 peak, BSE Sensex too regained 67,000 mark.

offer for sale (OFS) of up to 268.78 million equity shares by the president of India, acting through the ministry of new and renewable energy, government of India. According to the DRHP, proceeds from the fresh issue will be used to augment Ireda's its capital base to meet its future capital requirements and onward lending. The company has appointed IDBI Capital Markets & Securities Ltd., BOB Capital Markets Ltd., and SBI Capital Markets Ltd.

Indian Air Force on Monday highlighted that the Exercise Bright Star-23 has moved to its last phase. The last phase will involve assets of all participating forces and followed a build up to more complex joint missions. Taking to their social media 'X', the Indian Air Force stated, «Exercise #BrightStar 23 moves on to its culmination phase. The last phase follows a build up to more complex joint missions and will involve assets of all participating forces.

Indian Air Force on Monday informed that the Bright Star-23 exercise has entered the culmination phase which will involve more complex joint missions involving assets of all participating forces. A 137 personnel contingent of the Indian Army had departed for Exercise Bright Star- 23 on August 29.

Tony Fernandes said on Monday. Capital A (formerly known as AirAsia Group) sold its Indian airline subsidiary to Tata Group last year. «We are working with the Tata Group and hope to do a lot of work with the conglomerate,» he said on the sidelines of the 21st Forbes Global CEO Conference. Last year, Tata Group-owned Air India signed agreements to acquire a 100 per cent stake in AirAsia India and has commenced the process of merging with Air India Express to form a single Indian low-cost carrier.

Granular data from the Goods and Services Tax Netw... moreGranular data from the Goods and Services Tax Network (GSTN) provides valuable insights into business composition and tax contributions.

India Hotel Ltd, part of the hotel & resort industry, hit a fresh record high after a breakout from a channel formation in the last week of August. Short-term traders can look to ride the momentum for an upside target of Rs 465 in the next 3-4 weeks, suggest experts. The stock has been moving in a range since June 2023 where levels around 400 acted as a stiff resistance on the upside while support was seen above 350 levels on the daily charts. It witnessed a breakout from the consolidation range on 30 August 2023 and since then the stock has been moving in an upward trajectory. The stock has been making higher highs and higher lows for the last 3 weeks. The stock also climbed above the 50-DMA on 30 August 2023 which suggests that the short-term momentum is on the upside.

On Comex, Gold futures were trading at $1,946.60 per troy ounce on Monday, up by $3.90 or 0.20% while Silver futures were at $23.300, higher by $0.126 or 0.540%. The October Gold futures had ended with losses of Rs 91 or 0.15% per 10 gram at Rs 58,907 on Friday while the December Silver futures closed lower at Rs 71,538, down by Rs 232 per kg or 0.32%. «The gold price will continue to trade in a broader range of $1,905 to $1,935. From a technical perspective, Comex gold has strong support at $1,915.

Congress leader Shashi Tharoor on Sunday said the diplomatic triumph of the 'Delhi Declaration' consensus makes it all the more a pity that the government does not bring the same attitude of conciliation and cooperation to bear in its domestic dealings. He said it was a pity that the spirit of accommodation that prevailed at G20 is absent within Indian politics. Tagging Kant's remarks in an interview on how the consensus was achieved on the paragraphs on Russia-Ukraine, Tharoor said in a post on X, «Well done @amitabhk87!Looks like the IFS lost an ace diplomat when you opted for the IAS!» "'Negotiated with Russia, China, only last night got final draft,' says India's G20 Sherpa on 'Delhi Declaration' consensus.

gig economy; or to start up a new business. In a not-so-positive (okay, negative) sense, it also means being sharp, pushy, unscrupulous, fake or downright scamming people. In an age when the meanings of words can be subjective— depending on the identity of the person using them and the specific context of their usage—it can be pretty difficult for a third person to understand what a ‘hustle’ is.

climate change. Extensive work by a ‘brilliant’ team however allowed India to avoid a major diplomatic embarrassment.

Indian Biogas Association (IBA). Biofuel alliance can be a win-win situation for G20 countries and the environment, IBA said. According to a study by the IBA, the biofuel alliance can generate opportunities worth USD 500 billion in the next three years for G20 countries. The findings of the study assume significance as India is currently hosting the G20 leaders' Summit in New Delhi.Biogas can generate an opportunity of USD 200 billion, considering the least investment required, compared to other energy generation options and easy availability of raw materials, it stated.