AI Model Hanuman: The group, backed by Mukesh Ambani-owned Reliance Industries and India's top engineering colleges, will launch its first ChatGPAT-like AI service next month. BharatGPT Group's backers include an arm of India's most valuable company Reliance and eight affiliated universities. The group previewed its larger AI language model during …
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Sensex closed down by 434 points, market fell
Today i.e. on Wednesday (21 February) there has been a decline in the stock market. Sensex closed 434 points down at 72,623. Nifty also fell by 141 points. It closed at the level of 22,055. Today Nifty made a new all time high of 22,249. But after this a decline …
Read More »Digital Rupee: Payment can be made with digital rupee in foreign countries also, RBI gave information
RBI Digital Currency: The Reserve Bank of India has given information about the use of digital rupee for payments abroad. Now using 'Project Dunbar' under the leadership of BIS i.e. Bank of International Settlements, it will be possible to use digital rupee for global payments. This digital currency has been …
Read More »Stock markets created history, Nifty opened at a record high for the first time and reached 22,248
Stock Market Opening: Today is a historic day for the stock market. The stock market reached a new record high and Nifty opened at such a high level of 22,248 for the first time. The stock market has got support from the rise in PSU banks and auto and bank …
Read More »Fund houses' stake in PSU shares reaches new high
Mumbai: In January this year, mutual fund houses in the country increased their stake in shares of public sector undertakings (PSUs) to a new high. Share prices of many PSUs have reached record highs due to fund raising. The value of fund houses' stake in PSUs also crossed Rs 4 …
Read More »China cuts benchmark lending rates more than expected
Beijing: China's central bank has cut its benchmark lending rate to boost economic growth. Bank of China has announced a rate cut for the first time since June. The People's Bank of China cut the five-year loan prime rate to 3.95% from 4.2%, while the one-year loan prime rate, which …
Read More »The next two years will see maximum activity in the IPO sector in India
Mumbai: Fund raising activity by companies in India will be the strongest ever in the next two years. Not only will corporate groups, technology companies and financial service providers be looking for capital for growth, but companies will also be ready to take advantage of the current opportunity, a senior …
Read More »2023 sees a significant shift in the establishment of new fintech startups
Mumbai: The number of newly launched fintech startups in 2023 was 72.60 percent less than in 2021. According to a research report, this figure was 55.55 percent less than that of 2022. 20 fintech startups were formed in India in 2023, while this number will increase to 73 in 2021 …
Read More »Gold continues to advance: Silver biased
Mumbai: Gold prices remained high in the jewelery market of Mumbai today. However, silver remained sluggish. Gold prices increased in the world market. Global gold prices have increased from 2018 to 2019 to $2028 per ounce today by 2027. As global dollar indices and bond yields declined, funds' buying of …
Read More »Nifty rose 75 points to a new high of 22197
Mumbai: In contrast to the cautious easing in global markets amid China's economic uncertainty, Indian stock markets gained six points today. Funds, gainers led private bank stocks and power stocks and pushed Sensex to new high by crossing 73000 level again. When Nifty touched the level of 22200 for the …
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