India's current contribution to global GDP is around 15 per cent, said Gita Gopinath, the first Deputy Managing Director of the International Monetary Fund in an exclusive interview with India Today.
During the live commentary of the G-20 Leaders Summit, it was inadvertently said on India Today that Prime Minister Lee Hsien Loong is the "outgoing Prime Minister" will be "replaced" by Mr. Tharman Shanmugaratnam. Regretfully, both the above information are factually incorrect.
Debt vulnerability-related issues of three countries -- Zambia, Ghana and Ethiopia -- are addressed under the common framework, while Sri Lanka is outside the framework.
Four Indian banks have launched dedicated UPI apps for G20 delegates with a balance of Rs 2,000 digital currency, using which the delegates can buy goodies by scanning QR codes.
The Alliance was launched by Modi along with a host of global leaders including US President Joe Biden.
The New Delhi Leaders' Declaration, adopted by the G20 leaders, also appreciated the successful conclusion of the G20 TechSprint 2023, a joint initiative with the BIS Innovation Hub, which will promote innovative solutions aimed at improving cross-border payments.
The Nifty 50 index closed with a 0.47 per cent gain at 19,819.95, while the S&P BSE Sensex rose by 0.5 per cent to reach 66,599 points.
This collaboration is set to pave the way for the construction of AI infrastructure that surpasses the computational power of India's current fastest supercomputer.
The telecoms-to-energy conglomerate, encouraged by the Indian government, has held early-stage talks with foreign chipmakers that have the potential to become technology partners.
Kotak Mahindra Bank said in an exchange filing that the Reserve Bank of India has approved the appointment of Dipak Gupta as the interim Managing Director and CEO for a two-month term.
While Cochin Shipyard shares have gained over 120 per cent in 2023, Kotak has downgraded its rating for the stock to 'sell'.
The World Bank in its G20 document praised India's Digital Public Infrastructure (DPI), citing the contribution of technologies such as Aadhaar and UPI in accelerating financial inclusion in the country.
Cochin Shipyard shares were up over 9 per cent to Rs 1,250.05 at 10:10 am. The shares of the company have been on a stellar run on the stock market, having gained over 30 per cent in the past 5 sessions and over 80 per cent in a month.
Mazagon Dock Shipbuilders shares rose 15.18 percent to reach Rs 2,404.80 per share on the National Stock Exchange (NSE) at approximately 10:20 am.
Several stocks are likely to be in focus today, including ONGC, GAIL, Reliance Industries, HCLTech, Larsen and Toubro, Exide Industries, Landmark Cars, Coachin Shipyards, Mazagon Dock Shipbuilders and more.
The S&P BSE Sensex rose 0.33 per cent to 66,481.18 at around 9:30 am, while the NSE Nifty50 gained 59 points to 19,786.05.
Gold Price Today 8 September 2023: Both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX) on Friday. Check the latest city-wise prices here.
A new set of allegations against the Adani Group claimed evidence of likely stock manipulation through ‘opaque’ Mauritius funds, but the group's shares recovered quickly on the bourses
Jupiter Life Line Hospitals IPO: The public issue received bids of 2,80,31,300 shares against the offered 84,97,169 equity shares, at a price band of Rs 695-735, according to the data available on the stock exchanges.
The S&P BSE Sensex surged by more than 385 points, closing at 66,265.56, while the NSE Nifty50 witnessed a substantial rise of 116 points, ending the day at 19,727.05 points.
