This reduction in the CRR released primary liquidity of approximately Rs 1.16 trillion into the banking system

Rupee, Indian Rupee

Markets Today Highlights:Broader markets also mirrored the benchmarks to settle higher, with Nifty Midcap100 and Nifty Smallcap100 ending with gains of 0.44 per cent and 1.02 per cent respectively

A Teflon resilience in markets that won’t let declines stick

A Teflon resilience in markets that won't let declines stick

The previous session closed out 2024 with mixed sentiments. Despite a strong recovery from intraday lows, the benchmarks ended in the red, weighed down by losses in IT & select banking shares

Stock Market, BSE, Nifty, Capital

India will host the World Audio Visual Entertainment Summit (WAVES) for the first time in February next year which will be a global platform for its creative talents, fostering collaborations and showcasing the country's potential as a hub for world-class content creation.
Prime Minister Narendra Modi spoke extensively about the WAVES Summit in his monthly 'Mann ki Baat' Radio address on Sunday.
Comparing the WAVES to global events like the World Economic Forum in Davos, Modi said the leaders from the media and entertainment industry as well as creative minds from across the globe will gather in Delhi for the Summit being held from February 5-9.
"This Summit is an important step towards making India a hub of global content creation," he said.
The prime minister emphasized the pivotal role of young creators in the preparations for WAVES, reflecting the dynamic spirit of India's creative community.
He expressed pride in the enthusiasm of the country's youth and their contribution to

India's technology startup ecosystem got six new unicorns in 2024: There were two last year. The new unicorns – startups reaching $1 billion valuation – specialise in lending, logistics, software and generative intelligence. Technology startups raise

Researchers at Indian Institute of Management (IIM) at Lucknow, Amritsar and Kashipur have combined to develop a new framework to guide the country's capital market players and banking sectors in adopting technologies that would enable them to use software without installing them.
Referred to as Software-as-a-Service (SaaS) technologies, these are cloud-based services that deliver software applications over the Internet, eliminating the need for organisations to install and maintain software on their own servers.
While SaaS is widely used globally, its adoption in India, particularly among regulated industries, has been slow.
The research delves into the reasons for this hesitation and offers insights into how firms can assess risks involved in adopting SaaS. The research has been published in the prestigious Journal of Organisational Computing and Electronic Commerce.
"Popular SaaS applications include Google Drive and Microsoft 365. While SaaS offers cost savings and flexibility,

SaaS

India's financial sector, dominated by public sector banks in 1991, had been long repressed by rigid controls on interest rate

Manmohan Singh

Former US president Jimmy Carter had a personal connection with a Haryana village 'Daulatpur Nasirabad' where his mother had worked as a healthcare volunteer during the late 1960s

Jimmy Carter

Kenya's cost-of-living crisis, to martial law in South Korea. Here's a look at major protests that erupted across the globe in 2024

Pro-Palestinian protests

Rikant Pittie will oversee the company's strategic initiatives, drive innovation, and enhance customer experiences to further strengthen EaseMyTrip's position in the industry

Rikant Pittie

Reportedly, OnePlus is also working on a new "Pro" model for the OnePlus Watch 3 line

OnePlus Watch 2

Even in its fourth week, Pushpa 2: The Rule continues to make a lot of money at the box office. As per the Sacnilk.com, Pushpa 2 has already made over Rs 1170 crore in India

Pushpa 2: The Rule

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Rikant Pittie to be new CEO of EaseMyTrip, succeeds brother Nishant Pitti

Next OnePlus Watch to get ECG and more health features: What to expect

Pushpa 2 box office collection day 27: Allu Arjun's film crosses Rs 1170 cr

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Despite CRR cut, liquidity deficit in banking system crosses Rs 2 trillion

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