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    Apple’s India iPhone Output Hits $14 Billion in Pivot From China

    April 10, 2024 - By how finance works

    Join the India Version publication by Menaka Doshi – an insider’s information to the rising financial powerhouse, and the billionaires and companies behind its rise, delivered weekly.Apple Inc. assembled $14 billion of iPhones in India final fiscal yr, doubling manufacturing in an indication it’s accelerating a push to diversify past…

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    Sensex hits 75,000, was at 25,000 when PM Modi gained 10 years in the past

    April 10, 2024 - By how finance works

    MUMBAI: A bit of over 38 years after it was launched with a base of simply 100 factors, BSE sensex, essentially the most watched inventory market bellwether in India, crossed the 75,000-point mark on Tuesday, signifying previous successes of Indian economic system and the market, and elevating hopes for extra…

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    Gold charge at the moment: Yellow steel worth hits report excessive; reaches Rs 71,150 per 10 gram, 2024 beneficial properties soar to Rs 7,700 | India Enterprise Information

    April 9, 2024 - By how finance works

    Gold charge at the moment: Gold costs reached a brand new all-time excessive of Rs 71,150 per 10 grams on the MCX on Tuesday, following worldwide worth traits. By 10 AM, June gold futures had been buying and selling at Rs 71,130, up by Rs 218 or 0.31% from Monday’s…

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    Inventory market right this moment: BSE Sensex hits all time-high, crosses 75,000; Nifty50 above 22,750

    April 9, 2024 - By how finance works

    Inventory market right this moment: BSE Sensex and Nifty50, the Indian benchmark fairness indices, hit all time highs in opening commerce on Tuesday. Whereas BSE Sensex crossed the 75,000 milestone for the primary time, Nifty50 too hit a excessive of twenty-two,765.10. At 9:22 AM, BSE Sensex was buying and selling…

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    Gold Fee Immediately: Gold price right now: Gold hits document excessive of Rs 71,000 for the primary time; silver worth surges to document highs | India Enterprise Information

    April 8, 2024 - By how finance works

    Gold price right now: Gold and silver costs reached all-time highs on Monday’s opening commerce. Gold contracts on MCX surged to Rs 71,080 per 10 grams, a leap of Rs 440 or 0.62%. In the meantime, silver futures hit a brand new peak of Rs 82,064, buying and selling at…

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    Document Rs 100 lakh crore achieve in 9 months! BSE market cap hits Rs 400 lakh crore for first time

    April 8, 2024 - By how finance works

    BSE m-cap hits document excessive! On Monday, the mixed market capitalisation of all listed shares on BSE crossed the Rs 400 lakh crore milestone for the primary time as each the Sensex and Nifty reached new all-time highs. This surge, pushed by retail buyers diverting funds from conventional avenues, marks…

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    Sensex hits new excessive for 2nd day

    April 6, 2024 - By how finance works

    MUMBAI: The sensex registered marginal good points to hit a lifetime excessive of 74,248 on Friday after RBI maintained the established order on rates of interest amid a detrimental development in world markets. On Thursday, the sensex had jumped 351 factors to settle at an all-time excessive of 74,228. It…

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    Gold hits a brand new report, finest month in over 3 yrs

    March 30, 2024 - By how finance works

    HYDERABAD: Per week after it vaulted over the $2,200/oz mark in worldwide markets for the primary time, gold touched yet one more life-high of $2,236 within the wee hours of Friday. In March, it has gained 9.3%, logging its finest month since July 2020 (see graphic).Although MCX remained closed on…

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  • Business Finance

    Russian rouble hits one-week low vs greenback after lethal Moscow assault

    March 25, 2024 - By how finance works

    MOSCOW: The rouble hit a one-week low previous 93 to the greenback on Monday because the Russian market reopened after a lethal taking pictures rampage close to Moscow on Friday night, with the Russian foreign money supported by excessive oil costs and month-end tax funds. Russia lowered flags to half-mast…

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  • Business Finance

    Paytm hits upper-circuit for second consecutive session, inventory buying and selling at 389.20

    March 18, 2024 - By how finance works

    NEW DELHI: Share of One97 Communications, mum or dad firm of Paytm, hit higher circuit for second consecutive session on Monday. The inventory surged 18.50 or 4.99% to 389.20 with a complete improve of 11% in two classes after it acquired approval from the Nationwide Funds Company of India (NPCI)…

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    Paytm hits higher circuit as NPCI permits UPI operation by way of SBI, 3 different banks

    March 15, 2024 - By how finance works

    NEW DELHI: Shares of Paytm’s guardian firm, One97 Communication, hit higher circuit on Friday following Nationwide Funds Company of India (NPCI) approval to hitch UPI as a Third-Social gathering Software Supplier (TPAP) below a multi-bank mannequin.Paytm shares surged almost 5% or 17.65 factors to 370.70 from its earlier shut of…

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    Bitcoin hits $70,000 for first time: A brand new period or speculative surge?

    March 9, 2024 - By how finance works

    Bitcoin’s value soared to a brand new document, reaching over $70,000 for the primary time amid a frenzy within the crypto market. The spike displays escalating investor curiosity in newly launched US spot exchange-traded crypto merchandise and the anticipation of declining world rates of interest.Why it mattersThis surge marks a…

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    Gold hits file excessive for third day

    March 8, 2024 - By how finance works

    HYDERABAD: Out-dazzling itself with each passing day, gold scored a hat-trick of kinds on Thursday. The yellow metallic’s worth within the worldwide market vaulted to one more file excessive for the third straight day at $2,165-per-ounce, propelled primarily by US Federal Reserve chair Jeremy Powell’s dovish stance on rates of…

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    Gold worth right this moment: Gold price hits new excessive; March positive aspects surpass Rs 2,700; what it is best to know | India Enterprise Information

    March 7, 2024 - By how finance works

    Gold price right this moment: Gold costs reached a brand new peak, hitting Rs 65,298 per 10 grams on the MCX on Thursday, marking a rise of over Rs 2,700 throughout the first week of March. This surge within the yellow metallic’s worth is pushed by expectations of a June…

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    US shares rise on charge hopes as gold hits document excessive

    March 7, 2024 - By how finance works

    LONDON: US and European inventory markets rose Wednesday and gold hit a document excessive because the Federal Reserve stored alive expectations of charge cuts later this yr and the British authorities unveiled a pro-growth funds.In unstable buying and selling, gold touched 2,150, nicely above its earlier excessive of $2,141.79 as…

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    India’s Zomato hits report excessive, bucking web shares’ sluggishness

    March 1, 2024 - By how finance works

    BENGALURU: Shares of Indian meals supply platform Zomato hit a report excessive on Friday, as enhancing profitability paves the way in which for future development, triggering a turnaround in investor sentiment.Zomato is the most-valuable web inventory in Asia’s third-largest economic system, with a market capitalisation of greater than 1.51 trillion…

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    Paytm hits decrease circuit for second consecutive day, inventory tanked by 5%

    February 29, 2024 - By how finance works

    NEW DELHI: Shares of One97 Communications Ltd, proprietor of Paytm model, hit decrease circuit restrict for second consecutive day on Thursday. Paytm shares fell by 5% or 20.30 to 385.90 from its pervious shut.Paytm shares dropped 5% and hit decrease circuit restrict throughout Wednesday’s late morning commerce. The inventory fell…

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    Bitcoin hits $60,000 as ‘FOMO’ rally gathers tempo | Enterprise

    February 28, 2024 - By how finance works

    Bitcoin shattered expectations by hitting the $60,000 mark on Wednesday, a feat not seen in over two years. This surge is an element of a bigger development, with a 42% value improve in February alone, marking its most vital month-to-month acquire since December 2020. At the moment, the cryptocurrency stands…

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    Google exec Amit Zavery: We fear about Microsoft desirous to …; Microsoft president hits again

    February 28, 2024 - By how finance works

    Alphabet’s Google Cloud has intensified its criticism of Microsoft’s cloud computing methods. In accordance with an unique report by Reuters, the corporate asserts that Microsoft is in search of a monopoly, which might hinder the event of rising applied sciences like generative synthetic intelligence. Google, at present trailing behind Microsoft…

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