Stock Market Live Updates: Sensex plunges over 500 points, Nifty slips below 24,100 as US-Iran tensions escalate

Stock Market Live Updates: Indian benchmark indices extended their losses in early trade on Tuesday, with the BSE Sensex tumbling 552.99 points to 77,063.41, while the NSE Nifty50 declined 160.45 points to 24,050.55. This comes after the market closed flat on Monday after recovering from sharp intraday losses, supported by a rally in IT stocks…

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Finance minister Niramala Sitharaman tells banks: Devise ways to sustain foreign currency deposits

File photo: Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked banks to enhance outreach to NRIs and introduce “innovative deposit products” to sustain the momentum of foreign currency deposits.Sitharaman met representatives of public sector banks and public financial institutions along with senior officials from the finance ministry as she reviewed…

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Spain’s Submer to invest $2 billion in Madhya Pradesh semiconductor sector, may create 5,000 jobs

Spainish tech giant Submer Group on Monday announced a $2 billion investment in Madhya Pradesh’s semiconductor industry, a move expected to create nearly 5,000 direct employment opportunities.The announcement was made at the MP Tech Growth Conclave 3.0: GCC – Data Centres and Semiconductors, according to a senior state government official.“A $2 billion investment (19,000 crore…

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