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rupee ended little changed against the dollar on Thursday, ahead of the key U.S. inflation data that could potentially help investors reassess the outlook for interest rates in the world's largest economy. The rupee was at 83.0275 to the dollar compared with 83.0250 in the previous session. The rupee had, in intraday trades, risen to a near one-month high of 82.9350 on dollar sales by certain foreign banks pertaining to custodial and positional flows, traders said. «Despite the dollar inflows, the rupee needs to close convincingly above 83 to confirm a change in trend,» said Jigar Trivedi, senior research analyst — currencies and commodities at Reliance Securities. The role of the Reserve Bank of India (RBI) will be important in terms of how these flows are managed, Trivedi added. U.S.

NEW DELHI : Visakhapatnam, Ghaziabad and Faridabad are emerging as India’s newest new e-commerce hotspots, according to a new report evaluating the potential of 100 major cities for digital commerce. Bengaluru, Mumbai and Delhi, as expected, top the list, according to the India Digital Commerce Index report by consulting firm Kearney and e-commerce marketplace Meesho. “The second cohort of cities includes the major tier 1 cities of Chennai, Hyderabad, Kolkata, Ahmedabad, and Pune," the report stated, adding that India’s e-commerce market is expected to be valued at roughly $200 billion by 2026.

Michelle Obama launch a candidacy for the US Presidential Election 2024? After her interview with Jay Shetty in a podcast this question has been raised. Former Fox News personality and political commentator Megyn Kelly has said Michelle Obama is more talented politically than Joe Biden. Talking to the SiriusXM podcast, 'The Megyn Kelly Show', she said, «There’s no question she's more talented than Joe Biden is politically. No question.» But Kelly said she was not sure whether the former first lady would vie for the commander-in-chief role.

RC Bhargava, Chairman, Maruti Suzuki, says: “We have preferred Gujarat because we have already established for the first site, a vendor base for all the components. These components today are catering to a demand for 750,000 cars a year. If we can make this to 2 million, there would be significant improvements in the economies of scale and therefore lower cost of production of components. And as components are close to 70% of the cost of a car, any reduction in the component cost is a major advantage to us. Secondly, we are going to more than triple exports by the end of this decade. The export of cars is largely taking place through a port in Gujarat.” We are speaking at a time when the Vibrant Gujarat Summit is underway and you have talked about expanding your presence there. What is the rationale for picking up the same state for the next one million units as well? Have you been that comfortable and successful in Gujarat? RC Bhargava: Well let me clarify, the MOU at the moment says that Gujarat is our preferred state for expansion by another one million units a year Now we have preferred Gujarat because we have already established for the first site, a vendor base for all the components.

Dubai: An oil tanker once at the center of a crisis between Iran and the United States was boarded in the Gulf of Oman by “unauthorized" men in military uniforms early on Thursday morning, an advisory group run by the British military and a private security firm warned. Details remained unclear in what was apparently the latest seizure of a vessel in the tense Middle East waterways.

FAME scheme will help increase penetration of electric vehicles to 25 per cent from the current 5 per cent in India, Kinetic Green Founder and CEO Sulajja Motwani said on Thursday. Motwani, who is also the FICCI National EV Committee Chair, said while India has made a good start towards electric mobility, the next five years will be crucial to establish electric as the preferred technology for mobility amongst consumers. Speaking at Vibrant Gujarat Global Summit in Gandhinagar, she said the FICCI committee had submitted a comprehensive recommendation, including continuation of the FAME scheme, to the government for acceleration of electric mobility. «Certainly, a five-year long term consistent approach to the policy with a five-year demand scheme to take India from 5 per cent to 25 per cent, will be a great step for our nation,» she said.

Ankeny, Iowa Ron DeSantis is nearing the end of his third pep rally of the day, surrounded by roughly 150 fans in a dimly lit baseball-themed sports bar (try the Ty Cobb Salad), when he tells the story that sums up his presidential appeal. “We had a Category 5 hurricane hit in Southwest Florida," he says. It washed out a bridge and a causeway, stranding thousands of islanders from their homes.

India inflation likely crept closer to 6% in December: Mint poll Experts do not appear concerned about the mild spike in inflation as they note that core inflation, which excludes volatile items like food and fuel, may have moderated last month. Sujan Hajra, Chief Economist at Anand Rathi Shares & Stock Brokers expects CPI inflation to notch up to 5.72 per cent in December 2023.

SBI branch in the Shahganj locality of Uttar Pradesh's Unnao had to chase the bull out. The 30 second video shared on X shows the bull stationed in one place, projecting a stupefied stare at the customers around the animal. The video of people huffing away from the two horned bull has left the internet in splits.

Ambuja Cements Ltd. traded 1.91 per cent up in Thursday's trade at 01:14PM (IST). Around 90,163 shares changed hands on the counter.

The counter has had a total traded volume of 221114 shares so far with a value of Rs 20.89 crore on the NSE. It traded at a price-to-earnings multiple of 69.0 and a price-to-book ratio of 18.5. A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

LTIMindtree Ltd. traded 0.11 per cent down at Rs 5940.0 at 01:20PM (IST) on Thursday, even as BSE benchmark Sensex gained 129.23 points to 71786.94.

Pidilite Industries Ltd. traded 0.69 per cent up at Rs 2727.3 at 01:25PM (IST) on Thursday, even as BSE benchmark Sensex gained 146.74 points to 71804.45. The scrip had closed at Rs 2708.35 in the previous session.

SlateStone Wealth chief market strategist Kenny Polcari reacts to Jamie Dimon saying high Fed rates may lead to a recession on 'The Big Money Show.'

Bharat Forge Ltd. rose 0.42 per cent to Rs 1289.4 in Thursday's trade. It hit an intraday high of Rs 1298.5 and low of Rs 1282.0, respectively, during the day.

₹211 apiece, hitting the 20% upper circuit limit. This marks the second consecutive day that the stock has reached the 20% upper circuit limit. Also Read: Senco Gold share price jumps over 15%, hits new record high on strong Q3 update The company's shares made their debut on the Indian stock exchanges on December 27, 2023, listing at ₹105 apiece, representing a 5% premium to the IPO price of ₹100.

Patna district. A Times of India report stated that the probe was ordered after a video went viral on social media. The video that belongs to Upgraded Middle School, Korhar under Bihta block in Patna district became viral on social media.

Q3 results 2024: Amid results season for the third quarter of the current financial year, four IT majors — Tata Consultancy Services (TCS), Infosys, HC Technologies, and Wipro are going to declare their respective Q3 results in the next two days. Out of these four IT majors, TCS and Infosys will be declaring their Q3 results today whereas HCL Technologies and Wipro are going to declare their third-quarter earnings tomorrow.

Bollywood film of 2023, ‘Dunki,’ remained steady on day 21 at the Box office. The Raju Hirani film witnessed a decline on its third Wednesday with early estimates showing that the film minted ₹1.35 crore on Day 21, as per Sacnilk.com. As per the report, the movie has crossed ₹220.72 crore net in the domestic market so far.

unidentified flying object (UFO) over a U.S. joint operations base in Iraq has internet users scratching their heads over what it could be.The footage, released by journalist Jeremy Corbell this week, was apparently filmed by the U.S.

The company is seen reporting a nearly 5% sequential rise in consolidated revenue to Rs 27,959.40 crore, and net profit is expected to increase by nearly 7% to Rs 4,085 crore, according to the average of estimates given by 11 brokerage firms. On a year-on-year (YoY) basis, the topline is expected to rise 4.7%, while the bottomline may drop a marginal 0.3%. In constant currency terms, analysts expect HCLTech’s revenue to grow 4.6% sequentially in the quarter gone by. The country’s third largest software service provider is scheduled to release its earnings on Friday, 12th January. The growth in the topline is likely to be led by the products and platform segment, with Nuvama Institutional Equities pegging a 20% sequential growth for this segment. The services vertical is expected to report a 2.5% sequential growth, driven by the Verizon deal and integration of the recently acquired German automotive engineering solutions provider ASAP Holding.