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In a statement published today (17 April), the Office for National Statistics said the easing in the rate between March and February was due to prices rising by 0.6% on the month, compared to a 0.8% rise in the previous year. Core inflation, which excludes energy, food, alcohol and tobacco, fell from 4.5% in February to 4.2%. UK inflation beats expectations as it drops to 3.4% Michael Brown, senior research strategist at Pepperstone, said the figures indicate that progress is being made towards reaching the Monetary Policy Committee's 2% target, and this needs to continue to keep t...

Indus Towers expects that Vodafone Idea will pay its entire past dues amounting to around Rs 5,700 crore soon with the latter securing funding. However, the payment may happen at one go or in tranches. Asked about Vodafone Idea (VIL) fundraising plans and what it means for Indus Towers, Prachur Sah, Managing Director & CEO, Indus Towers told ET, “We are pleased to see the positive developments on Vodafone Idea’s fundraise and expect that VIL will clear over-dues of Indus in its entirety.” To a query around VIL’s plans to rollout 5G, he added, “We remain committed to supporting all our customers in their growth plans and are best positioned to do the same for VIL.”

Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, continued their losing streak for the third day in a row on Tuesday as heavy selling pressure was witnessed in the early trade. However, Nifty 50 recovered swiftly from intraday lows, lessening the ugly tone of the decline. On Tuesday, the S&P BSE Sensex ended down 456.10 points, or 0.62%, at 72,943.68, while the NSE Nifty 50 closed down 124.60 points, or 0.56%, lower at 22,147.90.

Also Read- Multibagger Stock: KPI Green Energy zoomed over 200% in less than six months, advanced 510% in a year “The forecast of above normal monsoon augurs well for the economy and stock markets. This will enable a 7 % GDP growth for FY 25 with corporate earnings growth of around 14 %" said *V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. The Good monsoon will lift the rural economy and improvement in rural income will boost demand for consumer staples, which, in turn, will boost the bottom line of FMCG companies, added Vijayakumar.

When ChatGPT was first made publicly available, I remember marvelling at the quality of its output and thinking that AI had finally improved to the point where it might be good enough to stand-in for me. Wouldn’t it be wonderful, I thought, if I could describe what I’d like my article to cover and have AI write it for me. So I set about doing just that.

Ayodhya Ram Mandir will take place around 12.15 pm on the occasion of Ram Navami today, April 17. During this celestial event that will last four minutes, the Sun rays will form a 75 mm ‘tilak’ on the forehead of Ram Lalla. The timings of ‘Surya Abhishek’ have been calculated by the scientists of Central Building Research Institute (CBRI), Roorkee after observing the movement of the Sun, according to the Sri Ram Janmabhoomi Teerth Kshetra Trust as quoted by Hindustan Times. The Trust stated that an optomechanical system with high-quality lenses and mirrors, installed on the top floor of the temple, will be used to perform the ‘Surya Abhishek’.

₹70 crore from Z3Partners as part of an extended Series D round, the company said on Tuesday. In January, Wow! Momo had secured ₹410 crore in Series D funding, led by Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, and existing investor OAKS Asset Management, at a post-money valuation of nearly ₹2,460 crore. “This investment, which marks a continuation of the last round, is a primary investment by Z3Partners, an early-growth tech and digital investor," Wow! Momo said in a statement.

India may strike a deal with Nvidia to source graphics processing units (GPUs) from the US manufacturer, and offer them to local startups, researchers, academic institutions and other users at a subsidised rate under its ₹10,000 crore Artificial Intelligence Mission, people in the know of the matter said. The plan is at a «very early stage» and a decision is likely to be made after the elections, an official said.

Ram Navami and all the segments will stay shut. However, the multi commodity exchange (MCX) will function as usual in the second session. Since it’s also a settlement holiday, the commodity account balance on April 17 will not include the credits from profits from trades or positions in the commodity derivatives on April 16 and credits from exiting option positions on April 16.

UBS Group faces an increase in regulatory capital requirements that could reach around $20 billion under reforms proposed in the wake of the collapse of Credit Suisse.

A study co-conducted by Voya with Easterseals, a disability and community service provider, shines a sobering spotlight on a critical support gap that disabled veterans experience in the workplace.

Goldman Sachs CEODavid Solomon has always been optimistic that investment banking revenues would come back again. Solomon's past optimism was, however, based upon the premise that the energy transition and pent-up dealmaking and capital raising would lead the revival. Speaking yesterday, he added a new factor to the mix.

A Tornado Watch has now included the names of areas like Kansas City, Des Moines, Missouri, Iowa, along with other regions in the Midwest that may see the wrath of tornadoes or ensuing storms.

Despite well-meaning efforts to offer more benefits and provide extensive financial guidance, employers have to change tack if they really want to help their workers, according to Nayya, a company that provides personalized, data-driven guidance on employee benefits.

Gold prices likely to go up to $3,000 an ounce: Citi Report Additionally, Monday's data revealed that U.S. retail sales had surpassed expectations for March. Concurrently, 10-year Treasury yields had risen for the second consecutive day, diminishing the attractiveness of non-yielding bullion.

₹5 per litre," said Swarnendu Bhushan, co-head of research at Prabhudas Lilladher Pvt. Ltd. Shares of OMCs have been volatile over the past week; however, in the last one month, they have seen an uptrend.

high crude oil prices threatens to widen the trade deficit in the current fiscal. According to a research report by ICICI Bank, if crude oil prices remain in $80-90/barrel range, trade deficit should be $266 billion for FY25. It could go up to $276 billion if oil prices move up by another $10 per barrel.

Imagine that your major home appliances run on batteries. Using regular cords that plug into standard 120-volt outlets, the appliances charge themselves when power is cheapest and store enough energy so that during a blackout, you can still cook, do laundry and keep your refrigerator going, while also recharging your smartphone and ensuring your Wi-Fi router never loses connectivity.

Supreme Court on Tuesday said Patanjali Ayurved Managing Director Acharya Balkrishna and cofounder and self-styled yoga guru Baba Ramdev are still «not off the hook,» despite the duo tendering “unqualified and unconditional apology” in person for promoting misleading advertisements of their ayurveda products. The apex court also gave Ramdev and Balkrishna a week’s time to take steps “to redeem themselves and demonstrate” their bona fides in relation to the advertisements and asked both to be present before it on April 23, the next hearing. A bench comprising justices Hima Kohli and Ahsanuddin Amanullah, conversing in Hindi, noted that Ramdev had made significant contributions to yoga. But Justice Kohli said: “We have not decided whether to forgive you or not. We will think about it. Your history is similar. We are keeping in mind your previous role. You have violated (directives) thrice. The earlier orders are under our consideration. You are not so innocent that you do not know what is going on in the court."

₹64.90 to ₹59.50 per share year-to-date (YTD), marking a decrease of approximately 8.32 per cent during this period. Yet, according to the Anand Rathi stock research team's assessment, the stock has transitioned beyond its base building phase and is poised to deliver significant upside potential.

The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the industry’s trade association