Taking Stock | Market ends with modest gains amid volatility ahead of Union Budget 2023

On the BSE, auto, capital goods, power, metal and realty added 1-1.8 percent, while selling was seen in the healthcare, information technology and oil gas names from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-endsmodest-gains-amid-volatility-aheadunion-budget-2023_16835841.ht ...

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Technology, the creator of the Indian middle class dream, may now end it

The current bout of layoffs among tech companies may be just a cyclical phenomenon, but looming ahead is the nightmare of artificial intelligence making hundreds of thousands of coders redundant  from Moneycontrol Technology News https://ift.tt/DImP1 ...

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Is technology that started India’s middle-class dream getting ready to end that dream?

The current bout of layoffs among tech companies may be just a cyclical phenomenon, but looming ahead is the nightmare of artificial intelligence making hundreds of thousands of coders redundant  from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/is-technology-that-started-india’s-middle-class-dream-getting-ready-to-end-that-dream_16834511.ht ...

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Taking Stock | Market makes a smart recovery amid choppy trade; Sensex up 170 points, Nifty above 17,600

Adani Enterprises, Bajaj Finance, UltraTech Cement, Bajaj Finserv and HCL Technologies gained the most of the Nifty. Power Grid Corporation, JSW Steel, Bajaj Auto, Larsen and Toubro and IndusInd Bank saw the biggest losses from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-makessmart-recovery-amid-choppy-trade-sensex170-points-nifty-above-17600_16833121.ht ...

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How to identify ChatGPT text or code? Indian law enforcement officials scurry to find forensic tools

The potential for misuse of the new AI wonder for writing better phishing emails and codes has piqued the interest of the cops. from Moneycontrol Technology News https://ift.tt/FOxAP ...

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China#39;s 2022 smartphone shipments the lowest in 10 years: research firm

The total number of devices shipped was 286 million, down from 329 million in 2022. from Moneycontrol Technology News https://ift.tt/xFdqM ...

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10 gadgets and technologies to watch out for in 2023

The first half of the year will be jam-packed with slab phone announcements leading up to the Mobile World Congress in late February to early March. from Moneycontrol Technology News https://ift.tt/B5LKA ...

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Working professionals will soon be able to enroll at Delhi University to build skills

A Competence Enhancement Scheme, envisioned as part of the New Education Policy, is likely to be launched by Delhi University either this March or during the coming academic year. from Moneycontrol Technology News https://ift.tt/I3OX5 ...

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Markets in free fall, Sensex plunges 800 points; here#39;s why

The top losers on the Nifty were Adani Ports, Adani Enterprises, ICICI Bank, SBI and BPCL. Nifty Auto, Pharma and FMCG managed to end higher, as other sectors tanked from Moneycontrol Market Reports https://ift.tt/c1jkT ...

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Markets in free fall, Sensex plunges 1000 points; here#39;s why

The top losers on the Nifty are Adani Ports, Adani Enterprises, ICICI Bank, SBI and BPCL. Nifty Auto and FMCG managed to trade higher, as other sectors tanked from Moneycontrol Market Reports https://ift.tt/NlI2y ...

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Smartphone shipments plunge most ever as buyers spend less

Shipments declined 18.3% in the December quarter compared to a year earlier, to a little over 300 million units, Needham, Massachusetts-based IDC said Thursday. For the year, shipments fell 11.3% and marked the lowest total for a decade, the researchers said. from Moneycontrol Technology News https://ift.tt/IJU7A ...

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Taking Stock | Market falls 1%, Nifty below 17,900; Sensex tumbles 773 points

On the BSE, bank, power and realty indices shed 2 percent each and information technology, capital goods, healthcare and oil gas indices fell 1-1.7 percent. from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-falls-1-nifty-below-17900-sensex-tumbles-773-points_16824611.ht ...

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Govt expects 5-7 countries to sign up for adopting India tech stack by March

While speaking at India Stack Developer Conference, the minister said that the Prime Minister has decided to offer India technology platforms to countries to help them accelerate digitisation. from Moneycontrol Technology News https://ift.tt/5A83o ...

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FII selling, Budget 2023, growth fears more: Here#39;s why Sensex crashed

All sectors are trading in the red with financials taking the biggest hit. Nifty PSU Bank tanked over 3 percent and Nifty Bank fell over 2 percent from Moneycontrol Market Reports https://ift.tt/XJmOP ...

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Taking Stock | Market ends flat amid volatility; autos shine, financials a drag

The BSE midcap and smallcap indices shed 0.3-0.4 percent. from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-ends-flat-amid-volatility-autos-shine-financialsdrag_16821501.ht ...

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Technology lifted India’s productivity, but did it also depress employment?

An RBI research paper finds that sectors which witnessed a large increase in productivity growth have registered declining growth of employment and capital during 2011-19 as compared to 2001-10 from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/technology-lifted-india’s-productivitydid-it-also-depress-employment_16820661.ht ...

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Spotify to trim 6% of workforce, content head to depart

Spotify, which had about 9,800 full-time employees as of September 30, said it expects to incur about 35 million euros ($38.06 million) to 45 million euros in severance-related charges. from Moneycontrol Technology News https://ift.tt/ricvM ...

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Taking Stock | Market snaps 2-day losing streak, Sensex gains 319 points, Nifty above 18,100

HUL, Sun Pharma, Tech Mahindra, Eicher Motors and UPL were among the biggest Nifty gainers. The losers included UltraTech Cement, Grasim Industries, NTPC, JSW Steel and Tata Steel from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-snaps-2-day-losing-streak-sensex-gains-319-points-nifty-above-18100_16819301.ht ...

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Indigenously-developed 5G, 4G tech roll out this year, will offer to world next year: Telecom minister Ashwini Vaishnaw

The minister said that in contrast to the fiscal stimulus-driven approach, the Prime Minister of India took an approach that was very focused on consumption and a large part of the fiscal space was allocated towards investment. from Moneycontrol Technology News https://ift.tt/AbT6F ...

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#39;There#39;s a need to exchange knowledge on 5G between the UK and India#39;: Mike Short, of the UK department of international trade

Chief scientific adviser Mike Short and technology specialist Chris Moore, at the UK department of international trade, on the opportunities, challenges and way forward for the UK-India cooperation in technology and allied sectors. The UK is keen on attracting Indian IT companies. from Moneycontrol Technology News https://ift.tt/mP8V4 ...

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Taking Stock | Another day of selling; Sensex down 236 points, Nifty below 18,100

HUL, Asian Paints, Bajaj Finance, JSW Steel and Nestle India were among the biggest losers on the Nifty, while Coal India, HDFC Bank, Power Grid Corporation, HDFC and ITC ended on top of the heap from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-another-dayselling-sensex-down-236-points-nifty-below-18100_16816051.ht ...

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India should become producer of technology: Rajeev Chandrasekhar

Rajeev Chandrasekhar, who holds the portfolio of Entrepreneurship, Skill Development, Electronics and Technology, also said India is focusing on digital eco-system that transforms lives and not just an area of creating opportunity. from Moneycontrol Technology News https://ift.tt/A4Hm3 ...

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Wikipedia debuts new look, for the first time in over a decade

Wikipedia, the free online encyclopedia, gets a makeover. Find out how it changes user experience. from Moneycontrol Technology News https://ift.tt/8UEA9 ...

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Taking Stock | Market ends lower amid volatility; power, FMCG top drags

On the BSE, the power index shed a percent, the auto index 0.5 percent and the FMCG index fell 0.8 percent. The metal index added 0.57 percent from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-ends-lower-amid-volatility-power-fmcg-top-drags_16811721.ht ...

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Fake news, IT Rule causes uproar in civil society; Editor#39;s Guild seeks expunction of draft amendment

The Editors Guild of India urged the government to expunge the draft amendment to the IT Rules and cited concernsregarding press censorship at the hands of the government. from Moneycontrol Technology News https://ift.tt/zFph0 ...

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Fake news, IT Rule causes uproar; Editor#39;s Guild seeks expunction of draft amendment

The Editors Guild of India urged the government to expunge the draft amendment to the IT Rules and cited concernsregarding press censorship at the hands of the government. from Moneycontrol Technology News https://ift.tt/pVa58 ...

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Apple to expand smart-home lineup, taking on Amazon and Google

The push into smart displays will start with a tablet product — essentially a low-end iPad — that can control things like thermostats and lights, show video and handle FaceTime chats, people with knowledge of the plans said. from Moneycontrol Technology News https://ift.tt/3yhKe ...

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Taking Stock | Market extends gains; Nifty above 18,100, Sensex rises 390 points

On the BSE, metal index gained 2.4 percent, capital goods index added 1.4 percent, while bank and pharma indices added 0.5 percent each. from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-extends-gains-nifty-above-18100-sensex-rises-390-points_16810421.ht ...

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Microsoft to cut thousands of jobs across divisions

The expected layoffs would be the latest in the US technology sector, where companies including Amazon.com Inc and Meta Platforms Inc have announced retrenchment exercises from Moneycontrol Technology News https://ift.tt/6MHP2 ...

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Taking Stock | Nifty above 18,000; Sensex gains 562 points led by FMCG, power and capital goods

The BSE midcap and smallcap indices end flat from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-nifty-above-18000-sensex-gains-562-points-led-by-fmcg-powercapital-goods_16809461.ht ...

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Wheels India rolls out flow form technology equipped in cast alloy wheel

The city-headquartered company recently commenced shipment of the flow forming wheel to the United States and expects to unveil the product soon in the domestic market. from Moneycontrol Technology News https://ift.tt/HYPkg ...

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Taking Stock | Sensex down 168 points, Nifty below 17,900; IT, PSU banks gain

Among sectors, the Nifty PSU bank index added 1.5 percent, IT a percent and the energy index closed 0.6 percent higher from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-sensex-down-168-points-nifty-below-17900-it-psu-banks-gain_16807851.ht ...

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2023 workplace trends: Metaverse-hiring, AI-powered HR and inflation perks

If Moonlighting, Quiet Quitting and The Great Resignation kept post-pandemic 2022 a tumultuous year, the new year will see office managements explore a cohesive system incorporating digital technologies with human workforce for smooth sailing. from Moneycontrol Technology News https://ift.tt/ujD92 ...

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Taking Stock | Market bounces back as investors cheer easing inflation, strong IT earnings

Adani Enterprises, Tata Steel, IndusInd Bank, Eicher Motors and Infosys were among the top Nifty gainers, losers included Titan Company, Apollo Hospitals, Nestle India, Larsen Toubro and ITC from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-bounces-back-as-investors-cheer-easing-inflation-strong-it-earnings_16805181.ht ...

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Taking Stock | Investors cautious ahead of inflation data; Sensex, Nifty end lower

Divis Labs, Reliance Industries, BPCL, Axis Bank and Tata Motors were among the top Nifty losers, while gainers included SBI Life Insurance, UltraTech Cement, Larsen and Toubro, HCL Technologies and Cipla from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-investors-cautious-aheadinflation-data-sensex-nifty-end-lower_16803561.ht ...

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Taking Stock | Market ends flat amid high volatility; all eyes on inflation data

Hindalco Industries, Sun Pharma, BPCL, UltraTech Cement and HDFC Bank gained the most among the Nifty pack, while losers included Bharti Airtel, Cipla, Divis Labs, Apollo Hospitals and HUL from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-ends-flat-amid-high-volatility-all-eyesinflation-data_16802251.ht ...

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Taking Stock | Market in reverse gear; Sensex tanks 631 points, Nifty below 18,000

Among sectors, the Nifty PSU bank index shed 2.6 percent, while Nifty bank and infra indices were down a percent each from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-marketreverse-gear-sensex-tanks-631-points-nifty-below-18000_16800791.ht ...

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Weak start to Q3 earnings season, tepid cues from West send Sensex down 700 points

Both India and the US will also release their CPI (consumer price index) inflation numbers on January 12, which will indicate the path for further monetary tightening from Moneycontrol Market Reports https://ift.tt/vBSZw ...

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Taking Stock | Sensex zooms 847 points, Nifty above 18,100; all eyes on earnings

MM, TCS, HCL Technologies, Tech Mahindra and IndusInd Bank were among the top Nifty gainers. The big losers were Titan Company, Bajaj Finserv, Grasim Industries, Bajaj Auto and HDFC Life from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-sensex-zooms-847-points-nifty-above-18100-all-eyesearnings_16799421.ht ...

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Taking Stock |Market reels under selling pressure for third consecutive session, Sensex falls below 60k

Barring FMCG, which ended flat, all sectoral indices ended the last day of the first week of 2023 in the red. TCS, JSW Steel, IndusInd Bank, Bajaj Finserv and Tech Mahindra were the biggest losers on Nifty from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|market-reels-under-selling-pressure-for-third-consecutive-session-sensex-falls-below-60k_16797241.ht ...

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Markets flashing red again, here are the factors contributing to the fall

Inflation remains the biggest worry as higher rates for a longer period spell elevated risks to the equity markets amid continuing geopolitical crises from Moneycontrol Market Reports https://ift.tt/IvBfj ...

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Amazon to cut 18,000 jobs as layoffs expand in tech sector

The cuts amount to 6 percent of Amazon#39;s roughly 300,000-person corporate workforce and represent a swift turn for a retailer that recently doubled its base pay ceiling to compete more aggressively for talent from Moneycontrol Technology News https://ift.tt/206HK ...

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Taking Stock | Volatility sweeps market on weekly expiry; indices end in the red

Banking Financials along with the IT were the top drags of the day while FMCG, Auto and Pharma were the top gainers from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-volatility-sweeps-marketweekly-expiry-indices-endthe-red_16796041.ht ...

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Sensex falls over 600 points ahead of FOMC minutes: What drove the markets down?

Investors are keenly monitoring minutes of Federal Open Market Committee#39;s December meeting, which will be released later tonight. Tepid trading in overseas markets, growth warning from IMF, and profit-booking weigh on Indian equities from Moneycontrol Market Reports https://ift.tt/d85Wp ...

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Sensex falls over 600 points ahead of FOMC minutes: What#39;s driving the markets down?

Investors are keenly monitoring minutes of Federal Open Market Committee#39;s December meeting, which will be released later tonight. Tepid trading in overseas markets, growth warning from IMF, and profit-booking weigh on Indian equities from Moneycontrol Market Reports https://ift.tt/KR5EH ...

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Infosys’ Salil Parekh says cybersecurity today should come before tech building, not after

Parekh also highlighted the need to build responsible data loops. Data looping is the process of end-to-end data collection and processing that involves aggregating, mining, modelling and visualising data sets. from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/infosys’-salil-parekh-says-cybersecurity-today-should-come-before-tech-building-not-after_16793861.ht ...

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Taking Stock | Market ends marginally higher amid volatility; metals under pressure

BSE midcap and smallcap index ended marginally higher. from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-ends-marginally-higher-amid-volatility-metals-under-pressure_16793801.ht ...

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Indian appmakers ask law tribunal to deny stay on Google#39;s CCI appeal: Report

The Competition Commission issued demand notices to Google for its failure to pay the Rs 2,274.2 crore penalties imposed in October last year for anti-competitive practices from Moneycontrol Technology News https://ift.tt/qu497 ...

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Taking Stock | Market begins 2023 on a strong note; Sensex gains 327 points, Nifty nears 18,200

Broader indices performed inline with benchmarks with the BSE midcap and smallcap indices rising 0.5 percent each. from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-begins-2023-onstrong-note-sensex-gains-327-points-nifty-nears-18200_16792541.ht ...

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After iPhones, India may soon start making MacBooks, boost incentive scheme

The IT ministry has sent a proposal for enhancement of the scheme, as of now the proposal is now in the hands of finance and some other related ministries. from Moneycontrol Technology News https://ift.tt/HFWyJ ...

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