Sensex and Nifty Dive Amid Global Market Tensions
India's stock markets took a hit as Sensex and Nifty fell over 2%, driven by global uncertainties. Analysts cite rising oil prices and geopolitical tensions as key triggers for the slide. Investors are advised to brace for continued volatility.
Google Offers to Settle Smart TV Antitrust Case in India
Google has offered a settlement in its ongoing antitrust dispute with the Competition Commission of India over smart TV practices. This move could set a precedent for future digital competition cases in India.
Services Sector PMI Hits Record High, Boosting Economic Confidence
India’s services sector continues its strong growth, with the Purchasing Managers' Index (PMI) hitting 61.2 in September, reflecting robust demand. This growth offers a positive outlook for the economy despite global headwinds.
Oil Price Surge Threatens India’s Economy as West Asia Conflict Escalates
The ongoing conflict in West Asia is pushing up global oil prices, putting pressure on India’s economy. The rise in crude oil costs could increase inflation and slow growth, especially impacting energy-dependent sectors.
Startups Attract Record VC Funding in 2024
Indian startups raised over $18 billion in venture capital this year, with fintech and health tech leading the way. Investors are optimistic about the country’s innovation potential
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