The government of British Prime Minister Theresa May was plunged into turmoil.
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
Low-cost IT workers in India are populating what have been described as 'click farms' in fake internet traffic.
On the Sensex chart, NTPC, SBI, UltraTech Cement, ICICI Bank, Tata Steel, Bajaj Finserv and Bjaja Finance were among the major laggards, shedding as much as 1.63 per cent.
India is the second-largest global venture capital investment hub for digital shopping companies, growing by a whopping 175 per cent from $8 billion in 2020 to $22 billion in 2021, according to an official analysis released here on Wednesday. On a global scale, India came in second to the US last year, which attracted $51 billion in investment, followed by China at third with $14 billion and the UK at fourth with $7 billion. Within India, Bengaluru comes out on top globally with $14 billion worth of Venture Capital (VC) investments in digital shopping in 2021, followed by Gurugram at No. 7 with $4 billion and Mumbai at No. 10 with $3 billion.
The BSE Sensex spurted 130.00 points to end at 35,980.93, while the broader NSE Nifty advanced 30.35 points to 10,802.15.
Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names.
Aseem Chhabra highlights 10 films that moved him, films that may show up in theatres near you.
Most Asian markets ended with gains.
The opening ceremony has been created by British screenwriter Steven Knight, who had produced the famous crime drama 'Peaky Blinders'.
Technical rallies and short covering may arise only if the markets break this 500 point band
IndusInd Bank was down nearly 1% even after it reported a 21% rise in its fourth-quarter profit
King Charles III, Britain's new monarch who ascended to the throne on the death of his mother Queen Elizabeth II, has a strong connection with India and its age-old traditions of Yoga and Ayurveda.
Ecotrail Personal Care, a start-up by sisters Mauli and Grishma Teli, is the only company in India that makes halal cosmetics
A sudden surge in wealth because of stock market gains after the pandemic could be one of the factors behind the relatively lower share of philanthropy in total wealth.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.
India has been at the forefront of efforts at the UN to push for urgent long-pending reform of the Security Council, emphasising that it rightly deserves a place at the UN high table as a permanent member.
Over the last couple of years, the Indian landscape for outsourced market research is changing rapidly.
The Congress released a booklet 'Nau saal, Nau sawaal', asking nine questions from Modi. The BJP rejected the Congress' criticism as a 'bundle of lies and mountain of deception' and said the questions are born out of 'pathological hatred' of the PM.
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates. The rate paid for gas produced from old fields, which make up for about two-thirds of all gas produced in the country, was hiked to $8.57 per million British thermal units from the current $6.1, according to an order from the oil ministry's Petroleum Planning and Analysis Cell (PPAC). Simultaneously, the price of gas from difficult and newer fields like the ones in Reliance Industries Ltd and its partner bp plc operated deepsea D6 block in KG basin, was hiked to $12.6 per mmBtu from $9.92, the order said.
Asserting that India's dedication to climate commitments is evident from its performance, Prime Minister Narendra Modi on Monday hoped that rich countries of G-7 will support India's efforts in combating climate change and invited them to tap the huge market for clean energy technologies emerging in the country. In his remarks at the session on 'Investing in a better Future: Climate, Energy, Health' at G7 Summit, Modi highlighted India's track record and said it has achieved the target of 40 per cent energy-capacity from non-fossil sources nine years before time. "The target of 10 per cent ethanol-blending in petrol has been achieved 5 months before time.
Given the relative rates of gross domestic product growth, the differential will increase.
HCL Tech was the top gainer in the Sensex pack, rallying around 5 per cent, followed by Tech Mahindra, Infosys, PowerGrid, Sun Pharma, L&T and Nestle India. NSE Nifty climbed 137.90 points or 1.03 per cent to 13,466.30.
Metal shares were the top gainers with Hindalco up over 5%.
Undeterred by travel restrictions being put in place in anticipation of a third-wave of Covid-19 pandemic, there has been a steady growth in overseas job searches by Indians with the US, Canada, the Middle East and the UK topping the list, according to a report. The search activity from India for jobs in other countries was highest between November 2019 and April 2020, where it witnessed a 72 per cent jump, but it declined sharply after the second wave of Covid-19 hit the world, forcing nations to reinforce travel restrictions, global job site Indeed said in a report. However, soon after the world recovered from the second wave of the pandemic, job searches for overseas opportunities picked up and continued to remain steady, it stated.
Personal details of about 533 million Facebook users globally, including 6.1 million from India, were allegedly leaked online and posted for free on hacking forums, according to a cybersecurity executive. The leaked details allegedly include names, phone numbers and other details of users of Facebook, a social media giant that had 2.80 billion monthly active users (MUAs) as of December 31, 2020.
As regards India, FIIs have pumped in over Rs 34,400 crore in the Indian stocks in calendar year 2021.
The Uttar Pradesh government will tap the Indian embassies in the US and European countries in its bid to double merchandise shipments to Rs 3 trillion in the next 4-5 years. The Indian embassies in the US, UK, Germany, Australia, Israel, Singapore, etc. will promote the micro, small and medium enterprises (MSME) products, apart from traditional handicrafts and indigenous products, under the state's flagship One District One Product (ODOP) scheme. "Indian embassies will provide the much-needed traction and visibility to our traditional products in key export destinations across the globe," UP additional chief secretary (MSME and export promotion) Navneet Sehgal told Business Standard.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
The rally is being fuelled by across-the-board buying.
The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.
Tata Motors' UK-based subsidiary, Jaguar Land Rover or JLR, reported a muted operational performance in the December quarter of financial year 2021-22 (Q3FY22). The luxury carmaker saw a 33 per cent year-on-year (YoY) decline in wholesale volumes to just under 70,000 units in Q3, against estimates that were 16 per cent higher. The drop in despatches to dealers was on account of shortage in semiconductors.
Prime Minister Rishi Sunak on Wednesday held his first Cabinet meeting with the new team as he prepares for his debut at Prime Minister's Questions, the first big test of Britain's Indian-origin premier's leadership.
The Survey shows fiscal consolidation despite slowdown in growth.
Ceramic tile manufacturer H&R Johnson is in talks with the UK-based Johnson Ceramics International for a strategic global alliance
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