4 reasons why markets are falling for the 5th straight day

The selling pressure in the market has exacerbated and the markets are down for the firth straight session. The Sensex tumbled over 1200 points while the Nifty plunges below 23,000.

Rupee fall hurts India Inc hard

The rupee inched closer to the 88-mark against the US dollar on Monday, putting companies in import-sensitive sectors on the edge. While firms fear a surge in imported inflation on account of rupee depreciation, consumer electronics companies, for instance, are taking price hikes to protect margins.

IDBI Bank bidders doing due diligence, says govt

The due diligence by qualified bidders for acquiring a majority stake in IDBI Bank is currently underway, minister of state for finance Pankaj Chaudhary said on Monday.

Nifty, Sensex down sharply. Top 5 Index losers in trade today

The stocks have fallen like nine-pins in the market today as the selling pressure exacerbates on the fifth straight day. While the Nifty struggled around 23000, the Sensex has nosedived over 1200 points intra-day. Investors wealth has eroded by? over Rs 10 lakh crore.

Simple Interest vs Reducing Balance: What’s the better choice for your loan?

When taking a loan, understanding the interest calculation method is crucial. Two common methods are the Simple Interest (SI) method and the Reducing Balance (RB) method. These methods directly impact how much you end up paying over the loan tenure. It is crucial to pay attention to the borrowing jargons as it helps you understand how you pay up your loans.

Lucknow Airport to suspend flight operation between 10 am-6 pm from March 1 – Here’s why

Chaudhary Charan Singh International (CCSI) Airport in Lucknow will suspend flight operations between 10 am and 6 pm from March 1 to July 15 for the recarpeting of runway 09/27. Airlines will adjust schedules, operating flights before 10 AM and after 6 PM to minimise disruptions.

Elon Musk offers $97.4 billion to buy OpenAI, Sam Altman says ‘no thank you’

A consortium led by billionaire Elon Musk has made a staggering $97.4 billion offer to acquire the nonprofit that controls OpenAI, intensifying his ongoing battle against the artificial intelligence startup’s transition to a for-profit model. The bid, announced on Monday, marks a new chapter in the tensions between Musk and OpenAI CEO Sam Altman, who promptly dismissed the offer with a quip on X, saying, “No thank you but we will buy Twitter for $9.74 billion if you want.”

Indian Railways to get 9 more Vande Bharat Sleeper trains by December 2025

The Ministry of Railways has ordered the production of nine additional sleeper versions of the Vande Bharat Express by December 2025. This decision follows the successful long-distance trial of the first Vande Bharat Sleeper train. The Integral Coach Factory (ICF) in Chennai, the Indian Railways’ primary manufacturing unit, will produce these 16-car trains.

‘AI can transform millions of lives’: PM Modi speaks at Paris AI Action Summit

Prime Minister Narendra Modi is addressing the AI Action Summit in Paris. He along with France President Emmanuel Macron arrived at the venue of the summit on Tuesday. During his three-day visit to France, Modi will co-chair the AI Action Summit with Macron in Paris, hold bilateral talks with him, and address business leaders.

Who will be Manipur’s next CM? Here are the top contenders

Following N Biren Singh’s resignation as Manipur Chief Minister, the BJP leadership, led by Northeast coordinator Sambit Patra, held a series of intense meetings in Imphal on Monday. Patra engaged with senior party MLAs, including those who had opposed Biren Singh, to build consensus on the next Chief Minister. While discussions continue, Biren Singh remains in charge in an interim capacity.

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