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IndiaTV Business: Google News Feed: Digest for October 21, 2023

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Markets open lower, Sensex down 110 points, Nifty in red at 19,787

Wednesday 18 October 2023 04:19 AM UTC+00
As the trading session commenced on Wednesday, domestic equities embarked on a relatively flat note amid a backdrop of market volatility. The benchmark BSE Sensex index experienced a slight dip, down by 39.71 points or 0.06%, and stood at 66,388.38. Concurrently, the broader NSE Nifty50 index was trading 5.35 points lower, a decline of 0.03%, at 19,816.85.
Adani Wilmar's Fortune edible oil brand has launched TVC campaigns for its products including the Kachi Ghani Mustard Oil (KGMO) to celebrate the cherished bond between Indians and home-cooked food.
Air India Express: Air India Express, a budget carrier of Tata Group today (October 18) unveiled a new look and aircraft livery featuring four colors. New Air India Express wears four colours including- orange, turquoise, tangerine and ice blue.
The agriculture sector is regarded as the backbone of the economy. The sector has been a focal point for the Modi government for the last 9 years. The government has launched a series of initiatives to address the challenges that farmers are facing and boost their income. 
India is among a few countries that are taking the lead in the shift to electric vehicles. The awareness programmes by the government, agencies, and companies have contributed to an exponential surge in EV uptake. But the big question around the EV infrastructure remains the same. 
In a speech at Harvard Law School, Jay Shambaugh, Under Secretary of the US Treasury for International Affairs, highlighted the role of India's Unified Payments Interface (UPI) in advancing bilateral ties with nations like Singapore and the United Arab Emirates. He stated that India's efforts in this area were commendable, showcasing UPI's global influence.
The stock market faced a notable decline today as the Sensex dropped by 350 points, with the Nifty hovering around the 19,550 mark. These losses came amidst unfavorable market cues and a significant 3% dip in Wipro's stock value. The Sensex, benchmark index, faced a sharp decline of 350 points, representing a 0.59% drop in value to settle at 59,218 points. This decline in both indices reflected the cautious sentiment of investors in the stock market.
Nokia announces mass layoffs: Telecom gear maker Nokia said that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increasing operational efficiency "to navigate the current market uncertainty."
Essential food items prices: The prices of essential food items will remain stable during the festival season, Union Food Secretary Sanjeev Chopra today (October 19) said. The decision on allowing sugar exports during the current 2023-24 marketing year (October-September) will be taken after the agriculture ministry comes out with the production estimates of sugarcane, he added.
Cash-strapped Go First airline extended its daily flights till November 30 due to "operational reasons". In an official release, the airline also apologised for the inconvenience caused by the flight cancellations.  

Markets open lower, Sensex down 110 points, Nifty in red at 19,787

Wednesday 18 October 2023 04:19 AM UTC+00
As the trading session commenced on Wednesday, domestic equities embarked on a relatively flat note amid a backdrop of market volatility. The benchmark BSE Sensex index experienced a slight dip, down by 39.71 points or 0.06%, and stood at 66,388.38. Concurrently, the broader NSE Nifty50 index was trading 5.35 points lower, a decline of 0.03%, at 19,816.85.
Adani Wilmar's Fortune edible oil brand has launched TVC campaigns for its products including the Kachi Ghani Mustard Oil (KGMO) to celebrate the cherished bond between Indians and home-cooked food.
Air India Express: Air India Express, a budget carrier of Tata Group today (October 18) unveiled a new look and aircraft livery featuring four colors. New Air India Express wears four colours including- orange, turquoise, tangerine and ice blue.
The agriculture sector is regarded as the backbone of the economy. The sector has been a focal point for the Modi government for the last 9 years. The government has launched a series of initiatives to address the challenges that farmers are facing and boost their income. 
India is among a few countries that are taking the lead in the shift to electric vehicles. The awareness programmes by the government, agencies, and companies have contributed to an exponential surge in EV uptake. But the big question around the EV infrastructure remains the same. 
In a speech at Harvard Law School, Jay Shambaugh, Under Secretary of the US Treasury for International Affairs, highlighted the role of India's Unified Payments Interface (UPI) in advancing bilateral ties with nations like Singapore and the United Arab Emirates. He stated that India's efforts in this area were commendable, showcasing UPI's global influence.
The stock market faced a notable decline today as the Sensex dropped by 350 points, with the Nifty hovering around the 19,550 mark. These losses came amidst unfavorable market cues and a significant 3% dip in Wipro's stock value. The Sensex, benchmark index, faced a sharp decline of 350 points, representing a 0.59% drop in value to settle at 59,218 points. This decline in both indices reflected the cautious sentiment of investors in the stock market.
Nokia announces mass layoffs: Telecom gear maker Nokia said that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increasing operational efficiency "to navigate the current market uncertainty."
Essential food items prices: The prices of essential food items will remain stable during the festival season, Union Food Secretary Sanjeev Chopra today (October 19) said. The decision on allowing sugar exports during the current 2023-24 marketing year (October-September) will be taken after the agriculture ministry comes out with the production estimates of sugarcane, he added.
Cash-strapped Go First airline extended its daily flights till November 30 due to "operational reasons". In an official release, the airline also apologised for the inconvenience caused by the flight cancellations.  
Adani Wilmar's Fortune edible oil brand has launched TVC campaigns for its products including the Kachi Ghani Mustard Oil (KGMO) to celebrate the cherished bond between Indians and home-cooked food.
Air India Express: Air India Express, a budget carrier of Tata Group today (October 18) unveiled a new look and aircraft livery featuring four colors. New Air India Express wears four colours including- orange, turquoise, tangerine and ice blue.
The agriculture sector is regarded as the backbone of the economy. The sector has been a focal point for the Modi government for the last 9 years. The government has launched a series of initiatives to address the challenges that farmers are facing and boost their income. 
India is among a few countries that are taking the lead in the shift to electric vehicles. The awareness programmes by the government, agencies, and companies have contributed to an exponential surge in EV uptake. But the big question around the EV infrastructure remains the same. 
In a speech at Harvard Law School, Jay Shambaugh, Under Secretary of the US Treasury for International Affairs, highlighted the role of India's Unified Payments Interface (UPI) in advancing bilateral ties with nations like Singapore and the United Arab Emirates. He stated that India's efforts in this area were commendable, showcasing UPI's global influence.
The stock market faced a notable decline today as the Sensex dropped by 350 points, with the Nifty hovering around the 19,550 mark. These losses came amidst unfavorable market cues and a significant 3% dip in Wipro's stock value. The Sensex, benchmark index, faced a sharp decline of 350 points, representing a 0.59% drop in value to settle at 59,218 points. This decline in both indices reflected the cautious sentiment of investors in the stock market.
Nokia announces mass layoffs: Telecom gear maker Nokia said that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increasing operational efficiency "to navigate the current market uncertainty."
Essential food items prices: The prices of essential food items will remain stable during the festival season, Union Food Secretary Sanjeev Chopra today (October 19) said. The decision on allowing sugar exports during the current 2023-24 marketing year (October-September) will be taken after the agriculture ministry comes out with the production estimates of sugarcane, he added.
Cash-strapped Go First airline extended its daily flights till November 30 due to "operational reasons". In an official release, the airline also apologised for the inconvenience caused by the flight cancellations.  
The Reserve Bank of India (RBI) is not mulling re-introduction of Rs 1,000 currency notes, sources said, amid speculations that Rs 1,000 notes may be re-introduced after the RBI announced the withdrawal of Rs 2,000 currency notes.
Adani Wilmar's Fortune edible oil brand has launched TVC campaigns for its products including the Kachi Ghani Mustard Oil (KGMO) to celebrate the cherished bond between Indians and home-cooked food.
Air India Express: Air India Express, a budget carrier of Tata Group today (October 18) unveiled a new look and aircraft livery featuring four colors. New Air India Express wears four colours including- orange, turquoise, tangerine and ice blue.
The agriculture sector is regarded as the backbone of the economy. The sector has been a focal point for the Modi government for the last 9 years. The government has launched a series of initiatives to address the challenges that farmers are facing and boost their income. 
India is among a few countries that are taking the lead in the shift to electric vehicles. The awareness programmes by the government, agencies, and companies have contributed to an exponential surge in EV uptake. But the big question around the EV infrastructure remains the same. 
In a speech at Harvard Law School, Jay Shambaugh, Under Secretary of the US Treasury for International Affairs, highlighted the role of India's Unified Payments Interface (UPI) in advancing bilateral ties with nations like Singapore and the United Arab Emirates. He stated that India's efforts in this area were commendable, showcasing UPI's global influence.
The stock market faced a notable decline today as the Sensex dropped by 350 points, with the Nifty hovering around the 19,550 mark. These losses came amidst unfavorable market cues and a significant 3% dip in Wipro's stock value. The Sensex, benchmark index, faced a sharp decline of 350 points, representing a 0.59% drop in value to settle at 59,218 points. This decline in both indices reflected the cautious sentiment of investors in the stock market.
Nokia announces mass layoffs: Telecom gear maker Nokia said that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increasing operational efficiency "to navigate the current market uncertainty."
Essential food items prices: The prices of essential food items will remain stable during the festival season, Union Food Secretary Sanjeev Chopra today (October 19) said. The decision on allowing sugar exports during the current 2023-24 marketing year (October-September) will be taken after the agriculture ministry comes out with the production estimates of sugarcane, he added.
Cash-strapped Go First airline extended its daily flights till November 30 due to "operational reasons". In an official release, the airline also apologised for the inconvenience caused by the flight cancellations.  
The Reserve Bank of India (RBI) is not mulling re-introduction of Rs 1,000 currency notes, sources said, amid speculations that Rs 1,000 notes may be re-introduced after the RBI announced the withdrawal of Rs 2,000 currency notes.
Adani Wilmar's Fortune edible oil brand has launched TVC campaigns for its products including the Kachi Ghani Mustard Oil (KGMO) to celebrate the cherished bond between Indians and home-cooked food.
Air India Express: Air India Express, a budget carrier of Tata Group today (October 18) unveiled a new look and aircraft livery featuring four colors. New Air India Express wears four colours including- orange, turquoise, tangerine and ice blue.
The agriculture sector is regarded as the backbone of the economy. The sector has been a focal point for the Modi government for the last 9 years. The government has launched a series of initiatives to address the challenges that farmers are facing and boost their income. 
India is among a few countries that are taking the lead in the shift to electric vehicles. The awareness programmes by the government, agencies, and companies have contributed to an exponential surge in EV uptake. But the big question around the EV infrastructure remains the same. 
In a speech at Harvard Law School, Jay Shambaugh, Under Secretary of the US Treasury for International Affairs, highlighted the role of India's Unified Payments Interface (UPI) in advancing bilateral ties with nations like Singapore and the United Arab Emirates. He stated that India's efforts in this area were commendable, showcasing UPI's global influence.
The stock market faced a notable decline today as the Sensex dropped by 350 points, with the Nifty hovering around the 19,550 mark. These losses came amidst unfavorable market cues and a significant 3% dip in Wipro's stock value. The Sensex, benchmark index, faced a sharp decline of 350 points, representing a 0.59% drop in value to settle at 59,218 points. This decline in both indices reflected the cautious sentiment of investors in the stock market.
Nokia announces mass layoffs: Telecom gear maker Nokia said that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increasing operational efficiency "to navigate the current market uncertainty."
Essential food items prices: The prices of essential food items will remain stable during the festival season, Union Food Secretary Sanjeev Chopra today (October 19) said. The decision on allowing sugar exports during the current 2023-24 marketing year (October-September) will be taken after the agriculture ministry comes out with the production estimates of sugarcane, he added.
Cash-strapped Go First airline extended its daily flights till November 30 due to "operational reasons". In an official release, the airline also apologised for the inconvenience caused by the flight cancellations.  
The Reserve Bank of India (RBI) is not mulling re-introduction of Rs 1,000 currency notes, sources said, amid speculations that Rs 1,000 notes may be re-introduced after the RBI announced the withdrawal of Rs 2,000 currency notes.
Adani Wilmar's Fortune edible oil brand has launched TVC campaigns for its products including the Kachi Ghani Mustard Oil (KGMO) to celebrate the cherished bond between Indians and home-cooked food.
Air India Express: Air India Express, a budget carrier of Tata Group today (October 18) unveiled a new look and aircraft livery featuring four colors. New Air India Express wears four colours including- orange, turquoise, tangerine and ice blue.
The agriculture sector is regarded as the backbone of the economy. The sector has been a focal point for the Modi government for the last 9 years. The government has launched a series of initiatives to address the challenges that farmers are facing and boost their income. 
India is among a few countries that are taking the lead in the shift to electric vehicles. The awareness programmes by the government, agencies, and companies have contributed to an exponential surge in EV uptake. But the big question around the EV infrastructure remains the same. 
In a speech at Harvard Law School, Jay Shambaugh, Under Secretary of the US Treasury for International Affairs, highlighted the role of India's Unified Payments Interface (UPI) in advancing bilateral ties with nations like Singapore and the United Arab Emirates. He stated that India's efforts in this area were commendable, showcasing UPI's global influence.
The stock market faced a notable decline today as the Sensex dropped by 350 points, with the Nifty hovering around the 19,550 mark. These losses came amidst unfavorable market cues and a significant 3% dip in Wipro's stock value. The Sensex, benchmark index, faced a sharp decline of 350 points, representing a 0.59% drop in value to settle at 59,218 points. This decline in both indices reflected the cautious sentiment of investors in the stock market.
Nokia announces mass layoffs: Telecom gear maker Nokia said that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increasing operational efficiency "to navigate the current market uncertainty."
Essential food items prices: The prices of essential food items will remain stable during the festival season, Union Food Secretary Sanjeev Chopra today (October 19) said. The decision on allowing sugar exports during the current 2023-24 marketing year (October-September) will be taken after the agriculture ministry comes out with the production estimates of sugarcane, he added.
Cash-strapped Go First airline extended its daily flights till November 30 due to "operational reasons". In an official release, the airline also apologised for the inconvenience caused by the flight cancellations.  
The Reserve Bank of India (RBI) is not mulling re-introduction of Rs 1,000 currency notes, sources said, amid speculations that Rs 1,000 notes may be re-introduced after the RBI announced the withdrawal of Rs 2,000 currency notes.
Adani Wilmar's Fortune edible oil brand has launched TVC campaigns for its products including the Kachi Ghani Mustard Oil (KGMO) to celebrate the cherished bond between Indians and home-cooked food.
Air India Express: Air India Express, a budget carrier of Tata Group today (October 18) unveiled a new look and aircraft livery featuring four colors. New Air India Express wears four colours including- orange, turquoise, tangerine and ice blue.
The agriculture sector is regarded as the backbone of the economy. The sector has been a focal point for the Modi government for the last 9 years. The government has launched a series of initiatives to address the challenges that farmers are facing and boost their income. 
India is among a few countries that are taking the lead in the shift to electric vehicles. The awareness programmes by the government, agencies, and companies have contributed to an exponential surge in EV uptake. But the big question around the EV infrastructure remains the same. 
In a speech at Harvard Law School, Jay Shambaugh, Under Secretary of the US Treasury for International Affairs, highlighted the role of India's Unified Payments Interface (UPI) in advancing bilateral ties with nations like Singapore and the United Arab Emirates. He stated that India's efforts in this area were commendable, showcasing UPI's global influence.
The stock market faced a notable decline today as the Sensex dropped by 350 points, with the Nifty hovering around the 19,550 mark. These losses came amidst unfavorable market cues and a significant 3% dip in Wipro's stock value. The Sensex, benchmark index, faced a sharp decline of 350 points, representing a 0.59% drop in value to settle at 59,218 points. This decline in both indices reflected the cautious sentiment of investors in the stock market.
Nokia announces mass layoffs: Telecom gear maker Nokia said that it is planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit. The Finnish wireless and fixed-network equipment provider said the planned measures are aimed at reducing its cost base and increasing operational efficiency "to navigate the current market uncertainty."
Essential food items prices: The prices of essential food items will remain stable during the festival season, Union Food Secretary Sanjeev Chopra today (October 19) said. The decision on allowing sugar exports during the current 2023-24 marketing year (October-September) will be taken after the agriculture ministry comes out with the production estimates of sugarcane, he added.
Cash-strapped Go First airline extended its daily flights till November 30 due to "operational reasons". In an official release, the airline also apologised for the inconvenience caused by the flight cancellations.  
The Reserve Bank of India (RBI) is not mulling re-introduction of Rs 1,000 currency notes, sources said, amid speculations that Rs 1,000 notes may be re-introduced after the RBI announced the withdrawal of Rs 2,000 currency notes.
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