Stock Market India: The Sensex closed above the key 60,000 level for the first time in over four months as the bull run in Indian equities extended into the fifth straight week on Wednesday as the easing pace of inflation and strong earnings drove gains.
Inflation in the UK crossed the 10 per cent mark in July, the first such occurrence over the past 40 years.
The Central Consumer Protection Authority (CCPA) on Wednesday said it has imposed a penalty of Rs 1,00,000 on e-commerce player Flipkart for allowing the sale of substandard domestic pressure cookers on its platform.
The silver imports are set to triple in 2022 from a year ago to record highs after a dip in prices to 2-year lows spurred investors to bet that the metal was primed for a rebound and could outperform gold in the coming years.
The US Federal Reserve Board has provided additional information for banking organizations engaging or seeking to engage in crypto-asset-related activities saying banks should notify the central bank prior to engaging in such assets.
The rupee's gains against the UScurrency on Wednesday are likely to be stalled by dollar outflows by corporates and the US Federal Reserve's hawkish outlook, some analysts said.
Telecom operator Bharti Airtel has paid Rs 8,312.4 crore to the Department of Telecom towards dues for spectrum acquired in the recently concluded 5G auctions, the company said on Wednesday.
The government will hold a meeting with industry stakeholders on Wednesday to explore the option of adopting a common charger for mobile phones and other portable electronic devices.
Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.
Africa's most-populous nation showed more interest in cryptocurrencies than any other country since the digital assets began to decline in April, according to a study by price tracker CoinGecko.
Apple Inc's suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter.
Rupee Today: The rupee strengthened against the dollar as oil prices fell to their lowest level since Russia invaded Ukraine and eased concerns about India's trade deficit and the inflation outlook.
Stock Market India: Equity benchmarks rose early on Wednesday, extending gains from previous session tracking a fall in oil prices.