Skip to content
Search

Latest Stories

Indian Shares Fall Over 400 points As Rupee Hits Record Low at 72.67

Indian shares recorded a steep fall over 400 points or one per cent during the afternoon session on Monday (10) amid the rupee touched its record low of 72.67 against the dollar breaching psychological mark of 72.50 following weak cues from Asian markets.

India’s benchmark BSE Sensex was seen trading at 38032.19 points, a fall of 357.63 or 0.92 per cent against the previous close as of 13.17 IST. The NSE Nifty 50 index was seen trading at 11,470.85 points, a fall of 118.25 points or 1.02 per cent as of 13.21 IST on Monday (10).


Shares of fast moving consumer goods (FMCG), telecom, consumer durables, finance, oil and gas, realty, power, metals, banks, energy, auto, and utility sectors witnessed heavy selling.

State Bank of India (SBI), IndusInd Bank, Vedanta, Kotak Bank, Sun Pharma, RIL and HDFC recorded a fall up to 2.52 per cent, whereas Wipro, NTPC, Axis Bank and Adani Ports recorded a slight upward movement.

The shares of Axis Bank recorded a steep rise of five per cent just a few days after the lender appointed new CEO and MD, whereas Tata Global Beverages has also witnessed rise as it was seen trading up by 5.5 per cent in its highest intraday gain in nearly 75 days.

Asian market remained weak followed by a negative trend in the international market after US President Donald Trump threatened Beijing that the US will impose tariffs on Chinese imports worth £206.43 billion. However, China has aggressively reacted to the US President’s statement that the US could face the consequences it opts for new tariffs on the imports.

More For You

Tesco Clubcard Changes: Update Your App Before the Deadline

The digital Clubcard offers convenience and flexibility

Getty

Tesco Clubcard changes: Customers urged to update app before Monday deadline

Tesco has issued an urgent call for action to millions of its Clubcard users, advising them to update their Tesco Shopping & Clubcard app before Monday, 31 March 2025. The supermarket giant is rolling out an important update to improve data protection and online security, and failure to update the app by the deadline will leave customers unable to access their digital Clubcard benefits.

Update to ensure enhanced security

The upcoming changes are being implemented to enhance the security of customer data and improve overall protection. Tesco has highlighted the importance of this upgrade, as it seeks to safeguard customer information and keep their online shopping experiences secure.

Keep ReadingShow less
OpenAI Restricts ChatGPT’s Image Feature After Viral Ghibli Trend

Altman addressed the impact of the popular Ghibli-style image trend on OpenAI’s resources

Getty

OpenAI limits ChatGPT’s image generation feature amid viral Ghibli image trend

OpenAI CEO Sam Altman has announced temporary limitations on the company’s image generation feature in response to overwhelming demand driven by a viral trend. On Thursday, Altman addressed the impact of the popular Ghibli-style image trend on OpenAI’s resources, particularly its reliance on GPUs (graphics processing units). Altman revealed that the surge in demand for ChatGPT’s image generation tool has led to significant strain on the company’s infrastructure, prompting the introduction of temporary speed limits for users.

In a post on X (formerly Twitter), Altman shared the company’s response to the unexpected demand, stating, “It’s super fun seeing people love images in ChatGPT, but our GPUs are melting. We are going to temporarily introduce some rate limits while we work on making it more efficient. Hopefully won’t be long! ChatGPT free tier will get 3 generations per day soon.”

Keep ReadingShow less
UK-business-district-Getty
The Canary Wharf business district including global financial institutions in London. (Photo: Getty Images)

Economic growth in 2024 slightly higher than estimated: ONS

THE UK economy grew slightly more than first estimated in 2024, according to official data released on Friday, providing a small boost for the government after it revised down its growth forecast for 2025.

The Office for National Statistics (ONS) said gross domestic product expanded by 1.1 per cent in 2024, up from an initial estimate of 0.9 per cent.

Keep ReadingShow less
Sri Lanka posts five per cent GDP growth as it ends years of economic decline

Sri Lanka's president Anura Kumara Dissanayake

Sri Lanka posts five per cent GDP growth as it ends years of economic decline

CASH-STRAPPED Sri Lanka’s economy grew by five per cent in 2024, marking the first full year of expansion since its unprecedented meltdown in 2022, official data showed last Tuesday (18).

The last quarter of 2024 saw the economy expand by 5.4 per cent, bringing the full calendar year’s GDP growth to five per cent, compared to a contraction of 2.3 per cent in 2023.

Keep ReadingShow less
Donald Trump

Speaking from the Oval Office, Trump said, 'What we’re going to be doing is a 25 per cent tariff on all cars that are not made in the US.'

Getty Images

Trump imposes 25 per cent tariffs on foreign-built cars

US president Donald Trump has announced a 25 per cent tariff on imported cars and auto parts, escalating trade tensions with key partners.

The new duties take effect on 3 April and apply to foreign-made cars and light trucks, with additional levies on key auto parts set to follow within the month.

Keep ReadingShow less