Explained: Why foreign investors are reducing domestic stock holdings
Overseas funds sold off $768.4 million worth of Indian shares in a single day last Thursday, marking the largest one-day outflow since June 2022. Key Points
India TodayExplained: Why Aarti Industries shares dropped 15% today
Shares of Aarti Industries ended the day at Rs 621.50, marking a 15.40% loss. Key Points
India TodaySensex, Nifty close at record high, Adani Enterprises gains over 8%
The S&P BSE Sensex settled 1.61% higher at 75,418.04, marking its highest closing level ever, while NSE Nifty50 gained 1.64% to close at a record 22,967.65. Key Points
India TodaySensex surges 500 points, Nifty nears 19,800 on global cues; here’s all you need to know
India Business News: The BSE Sensex surged by 500 points, reaching 66,538, while the Nifty50 traded at 19,827, marking a gain of 136 points around 10.50 am. Key Points
Times Of IndiaGermany enters recession after GDP falls for second successive quarter
Germany's GDP fell by 0.3% in the first quarter of 2022, marking the country's second successive quarter of contraction and slide into recession. This was due to the energy crisis unleashed by Russia's invasion of Ukraine, which led to dwindling energy supplies and stoked inflation. Household consumption also dropped, but there were positive contributions from trade and rising investments. The recession was not as severe as predicted, but mild winter weather and supply chain problems created by Covid-19 were insufficient to save the economy from the danger zone of recession. Key Points
Economic Times
Apple, Amazon, Tesla: Why shares of these global giants are falling
Shares of top companies like Apple, Amazon.com, Alphabet (Google parent), Microsoft Group, Meta Platforms, Tesla and Nvidia Corp – cumulatively known as the ‘Magnificent 7’ – have been falling for the past four sessions, marking their longest losing streak in a month. Key Points
India TodayCentre asks all departments to ensure employees mark attendance through Aadhaar-enabled biometric system
The Centre on June 23 asked all its departments to ensure that employees working under them mandatorily mark their attendance through an Aadhaar-enabled biometric system. The move came after it noticed laxity on the part of government departments and the employees who are not marking attendance despite being registered on the system. Key Points
The HinduGoogle Doodle celebrates Nowruz 2024, marking the Persian New Year, know history significance and more
Google's m featured a vibrant Doodle to commemorate Nowruz 2024, the Persian New Year. The intricate design showcased elements of Persian culture, including floral patterns, calligraphy, and symbolic items like the Haft-sin table, representing rebirth and prosperity. Key Points
mintOn his first state visit to India, Sultan of Oman welcomed by Murmu & Modi at Rashtrapati Bhavan
The Sultan landed Friday for a 3-day visit, marking a significant milestone in India-Oman diplomatic relations. He was accorded a ceremonial welcome at fore-court of Rashtrapati Bhavan. Key Points
ThePrintASK Automotive makes modest debut on Dalal Street at 8% premium to IPO price
The debut of ASK Automotive on the NSE saw its share price listed at Rs 303.30 per share, marking a 7.55 per cent increase over the issue price of Rs 282. Key Points
India Today
Rupee hits all-time low of 83.30 amid weakness in Asian currencies
The rupee, represented as INR, touched an all-time low of 83.3050 in relation to the dollar, marking a drop from its previous level of 83.2800. Key Points
India TodayIntel, Micron spending spree shows chip diplomacy bearing fruit
Intel Chief Executive Officer Pat Gelsinger flew to Wroclaw, Poland, to announce a new $4.6 billion chip facility in the 1,000-year-old university town, marking a record US investment in the country. Micron is close to an agreement to commit at least $1 billion toward setting up a semiconductor packaging factory in India, people familiar with the matter said. Key Points
Economic TimesUjjwala to vaccines to Vande Bharat: BJP showcases nine years of Govt
The event was attended by senior BJP leaders and several Union ministers, including Amit Shah, Rajnath Singh, Nirmala Sitharaman, Ashwini Vaishnaw, Anurag Thakur, Smriti Irani and Rajeev Chandrasekhar. Also present was national head, media, Anil Baluni. Key Points
The Indian ExpressRupee falls to 5-week low amidst fears of contagion from SVB crisis
Rupee vs dollar rate today: The rupee ended down 0.44% at 82.49 per dollar, marking its biggest percentage drop since February 6. Key Points
Hindustan Times