Tag: Global Market

India accounts for about 40 per cent of the global rice supply.

Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 36,108.47 on Wednesday, opened higher at 36,146.55. Minutes into trading, it was quoting at 36,129.50, up by 21.03 points, or 0.06 per cent. At the National Stock […]

San Francisco: Apple has acquired a Startup called Silk Labs that works on Artificial Intelligence (AI)-based personal assistant technology for smartphones and smart home devices. According to a report in The Registrar, the quietly-done acquisition for an undisclosed sum is aimed at strengthening Apple’s AI capabilities towards smart home devices. Silk Labs had about a […]

Mumbai: Decline in the global markets and heavy selling pressure on banking, auto and finance stocks pulled the key Indian equity indices lower on Monday. Market sentiments were subdued, also due to a weakness in the Indian rupee and high crude oil prices. On Monday, Brent crude oil was priced around $83 per barrel. At […]

Mumbai: Prospects of cheaper finance along with a liquidity boost from the apex bank will sustain the uptrend in equity markets during the coming week, analysts opined. Accordingly, investors are eyeing a move by the Reserve Bank of India to ease key lending rates to bring down the cost of finance and give impetus to […]