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Stock Market Live Updates Today: Sensex opens over 500 points up; Nifty50 goes above 23,800 on positive global cues

[ad_1] Benchmark equity index Sensex erased steep early losses to finish 117 points higher on Wednesday, supported largely by gains in Reliance Industries, even as investor sentiment remained cautious amid elevated crude oil prices and continued weakness in the rupee. The 30-share BSE Sensex advanced 117.54 points, or 0.16%, to close at 75,318.39. The index…

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Diplomacy to Q-comm: Melody’s demand spikes

[ad_1] BENGALURU/DELHI/MUMBAI: The shelves began emptying even before Parle Products could quite understand what was happening. By Wednesday evening, searches on Melody, the caramel toffee by the Mumbai-based manufacturer of biscuits and confectionery, had jumped over 190 times on Google, while search strings like ‘Melody Modi’, ‘Meloni Melody’ all had ‘breakout’ tags on the search…

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FMCG volume growth may slow to 3-4% this year

[ad_1] MUMBAI: The war-led volatility in energy markets coupled with the risk of food inflation amid projections of below-normal monsoon rains this year could weigh on FMCG volume growth, Worldpanel by Numerator (formerly Kantar) said in its update on Wednesday. It estimated volume growth to drop to 3-4% if the situation doesn’t improve, as an…

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Grasim Q4 profit up 28% at Rs 3,802cr

[ad_1] NEW DELHI: Grasim Industries reported a nearly 28% increase in its consolidated net profit to Rs 3,802 crore for Q4FY26 driven by its building materials, financial services and cellulosic fibres businesses on Wednesday. It posted a consolidated net profit of Rs 2,973 crore for the Jan-March quarter a year ago. On a standalone basis,…

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‘India needs AI to fight AI as cyber threats grow

[ad_1] NEW DELHI: India’s digital transformation has pushed the country into a new era of cybersecurity risk, where traditional, manual defences may no longer be enough to counter increasingly sophisticated and automated cyberattacks, National Cyber Security Coordinator Navin Kumar Singh said on Tuesday. He stressed the need for artificial intelligence-powered security systems to protect critical…

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