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Samsung India is poised to surpass Rs 80,000 crore in total smartphone revenue this financial year, propelled by about 12% sales volume growth widely outperforming a subdued domestic market, said two people aware of the matter. The company accelerated sales spurred by premiumisation with average handset selling prices rising by 22%, higher than the industry average of 17%. The share of no-cost EMI purchases has also increased from 54% to 60% during the year, said Akshay Rao, mobile experience business general manager at Samsung India. Tenure for no-cost EMI schemes too rose to 18 months from 12 months earlier. Rao, however, declined to share or confirm the revenue performance for FY24.

Amidst anticipation surrounding BTC’s upcoming halving event in 2024, cryptocurrency experts project a potential surge in Bitcoin price, with historical data suggesting significant growth and a buying opportunity. 

(Reuters) -The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still expect to reduce them by three-quarters of a percentage point by the end of 2024 despite stodgier expected progress towards the U.S. central bank's 2% inflation target.

With spring finally arriving, Canadians may eagerly consider resuming hobbies like gardening and golfing. But researchers are warning of potential health risks associated with these hobbies, especially those that heighten pesticide exposure.

Debi Lucas had a tremor in her arm. Her feet froze when she tried to walk and she fell into her coffee table, busting her lip. She went to a neurologist who thought she had Parkinson’s disease.

A worrying trend has been identified, revealing that a palpable ideological chasm has emerged between young men and women. Research shows that while young women tend to be more liberal or progressive, young men as a group are becoming more conservative across the globe. Data reporter John Burn-Murdoch’s analysis of several surveys in Financial Times shows that in the US, UK and Germany, young women are at least 25 percentage points more liberal than young men, and a similar divide is seen in Poland, South Korea, China and Tunisia.

₹6,746 per barrel on the multi commodity exchange (MCX). -Analysts said that the markets are concerned about the Federal Reserve's rate decision as interest rates have not fallen off like one would have expected.

Analysts at Mizuho said Wednesday that they believe Accenture's (NYSE:ACN) second-quarter constant-currency revenue growth could be at the high end of the guide.

Assam chief minister Himanta Biswa Sarma on Wednesday said that Assam is looking forward to new investment opportunities from Hindustan Unilever Limited (HUL) including enhanced value addition to the tea industry. Sarma stated on X, “Today in Mumbai, I had an excellent discussion with Mr. Dev Bajpai of Hindustan Unilever Limited & Mr. Prashant Mehta and Mr Saurav Sharma of Lilavati Medical Trust. Assam is looking forward to new investment opportunities by HUL including enhanced value addition to our tea industry. We anticipate an enthusiastic participation by Lilavati Trust in the State’s healthcare sector.” Sarma early this month said that within one month and without any investment summit Assam has secured Rs 80,000 Crore investment.

Luxury stocks led losses in Europe after Gucci owner Kering SA warned about declining sales, fueling worries about high-end consumer spending in China. Treasuries and US equity futures were steady before today’s Federal Reserve meeting.

By David Shepardson

Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, closed Wednesday's choppy session on flat note. However, the underlying market patterns were not very discouraging. Maruti Suzuki, Nestle India, Power Grid, and SBI were among the stocks that were on spotlight today.

₹10,000 crore in its decorative paints business, aiming to build six manufacturing plants in India by 2025. In February, Aditya Birla Group chairman Kumar Mangalam Birla said he expected the group's new paints business to turn profitable in three years, as the conglomerate marked its entry into the rapidly expanding ₹80,000-crore Indian decorative paints market. As Mint reported earlier, Birla Opus products will be available in Punjab, Haryana and Tamil Nadu from mid-March and in towns with populations of at least 100,000 by July 2024.

The billionaire philanthropist and author MacKenzie Scott announced Tuesday she would give $640 million to more than 360 organizations in response to an application process she launched last year

Microsoft has hired Mustafa Suleyman to head up its consumer artificial intelligence business, adding to its ranks an influential figure in the artificial intelligence world to cement its position at the forefront of the booming AI industry

By Timothy Gardner

There may be no US Fed rate cut in 2024 as inflation remains sticky, says Madhavi Arora of Emkay "While the US Fed is likely to maintain its stance and keep the rate unchanged, its commentary will hold importance as it would provide insights into the Central bank’s future rate action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. Also Read: US Federal Reserve meeting day 2: What does a rate decision mean for Indian stock market? Sensex and Nifty 50 opened with mild gains but traded volatile during the session. Eventually, Sensex closed at 72,101.69, up 90 points, or 0.12 per cent while the Nifty 50 settled with a gain of 22 points, or 0.10 per cent, at 21,839.10.

Sri Lanka has said it will allow foreign offshore research ships for replenishments at its ports despite a one-year ban on such vessels, a senior official has said after China protested to Colombo for allowing a German survey ship but turning down Beijing's similar request. This is the first time Sri Lanka has officially admitted that foreign research vessels will be allowed for replenishments since President Ranil Wickremesinghe's government imposed a one-year ban on offshore research vessels in December last year after strong security concerns raised by India and the US following the visit of two Chinese high-tech research vessels in 14 months. «The ban on foreign ships is for research purposes, not on replenishment,» the Economy Next portal quoted Niluka Kadurugamuwa, Sri Lanka's Foreign Ministry Spokesman, as saying. «There was a German research vessel recently for replenishment and Sri Lanka allowed it,» he said.

Motilal Oswal Financial Services. According to market experts, the Indian markets have already priced in the anticipated status quo, with attention now turning towards the Federal Reserve's commentary for insights into the upcoming market trajectory.

Microsoft made a big move in artificial intelligence (AI) battle on Tuesday. The Satya Nadella-led company has roped in Mustafa Suleyman, cofounder of Google's DeepMind and Inflection AI, to lead its consumer AI business. Reporting directly to Nadella, Suleyman will be responsible for expanding a consumer AI business.

TCS, Vodafone Idea, Yes Bank, UltraTech Cement, SKF India, SpiceJet, are some stocks likely to be in focus on Wednesday, March 20.Sensex Today Live : The Indian stock market indices, Sensex and Nifty 50, are projected to commence trading on a slightly positive note this Wednesday, reflecting the optimistic mood in global markets.The Gift Nifty trends also suggest a positive opening for the Indian benchmark index. The Gift Nifty was observed trading around the 21,910 mark, showing a discount of more than 20 points from the previous close of Nifty futures.On March 19, the domestic equity indices concluded with a decline of over a percent, with the Nifty 50 index dropping to its lowest level in over a month.