Why is stock market down today? BSE Sensex drops over 800 points, Nifty50 below 24,000 as IT stocks crash – top 5 reasons for fall

The decline was led majorly by IT sector stocks crashing. (AI image) Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, snapped their five day winning streak to tank in trade on Friday. The decline was led majorly by IT sector stocks crashing. Weak global sentiment, aggressive selling in technology stocks and other market…

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‘India to be among our top 5 markets’, says Hesham Abdulla Al Qassim

Maharashtra Chief Minister Devendra Fadnavis shakes hands with Emirates NBD Vice Chairman and Managing Director, Non-Independent Non-Executive Director, Hesham Abdulla Qassim Al Qassim MUMBAI: Emirates NBD’s Rs 26,015 crore purchase of a 60% stake in RBL Bank marks more than the largest banking cross-border deal; it signals how the India-UAE economic relationship is shifting from…

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Social security relief extended for Indian execs in UK

Social security relief extended for Indian execs in UK NEW DELHI: Indian professionals working with their company’s affiliates in the UK or on an onsite assignment will be exempted from social security contributions for five years, instead of three years agreed earlier, on producing a certificate that they are contributing to EPFO here.The move will…

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