Stock Markets Halt Their 5-Day Winning Streak On Profit-Taking In IT Equities And Poor Global Cues
In Asian markets, Seoul, Tokyo, and Hong Kong closed lower, while Shanghai closed higher
HDFC & IT Shares, Along With Weak Global Trends, Drive Sensex Down 535 Points
In Asian markets, Seoul and Hong Kong finished lower while Shanghai finished higher
Markets rise in early trade as a result of foreign capital inflows and purchases of IT equities
In Asian markets, Tokyo was up, while Seoul, Shanghai, and Hong Kong were lower
Government to enable citizens to report social media companies for violating IT regulations
Meity will assist users to very easily notify it about violation of IT rules and assist them in filing FIRs
Gains in IT equities and new foreign inflows fuel market optimism for the second day
In Asian markets, Seoul finished higher, while Tokyo, Shanghai, and Hong Kong finished lower
India Can Become Biggest Chip Producer In Next 5 years
In December 2021, the Centre had announced a $10 billion semiconductor manufacturing plan with a fabrication plant expected to get approval soon.
Apple Prioritizes iPhone Production In India, Put Plans For iPads And MacBook On Hold
Apple has refused to participate in the revised IT hardware production-linked incentive (PLI) scheme. It stated that it remains committed to manufacturing only iPhones in India.