Sensex, Nifty rebound from sharp losses as value buying lifts sentiment; all eyes on Fed policy, data ahead

Indian equity markets shrugged off global jitters and weak Asian cues on December 13, with Sensex and Nifty rebounding sharply from steep intraday losses, as value buying in beaten-down stocks led a recovery. The rebound came amid easing inflation and resilience in key sectors, though investors remain cautious ahead of next week’s US Federal Reserve policy meeting and domestic macroeconomic releases. Read More

Take a look at these key events

Today

Swiss withdrawal of MFN status to raise costs for some Indian pharma, IT firms: GTRI

The Swiss government's withdrawal of the most favoured nation (MFN) clause in the Double Taxation Avoidance Agreement (DTAA) with India will raise costs for Indian firms operating in Switzerland, particularly for those in financial services, pharmaceuticals, and IT, according to a brief by the think-tank Global Trade Research Initiative. Read More

Prashant Kishor comes out in support of 'one nation one election', but with a rider

Jan Suraaj Party founder Prashant Kishor on Friday said that "one nation one election" could be beneficial for the country as he has noticed that every year a sizeable part of the nation remains involved in some election, at national or state level. Read More

Swiggy launches Scenes for live events and ticketing to compete with Zomato’s District

Weeks after Zomato launched District, its standalone app for experiences, tickets and going out business, its old rival Swiggy has launched Scenes, in a move that further intensifies the battle between the two food delivery companies. Read More

We need to have a UPI moment for EV charging ecosystem, says Mercedes Benz India MD & CEO

The only all-in-one Battery Electric Vehicle (BEV) charging application that works seamlessly at home, office, around town and on the road can accelerate the pace of adoption of Electric Vehicles, states a senior official of the country’s biggest luxury carmaker. Read More

Mark Zuckerberg's rare Bulgari watch is the thinnest in the world, costs Rs 5 crore

Meta CEO Mark Zuckerberg’s new luxury watch has been in the news after he was spotted in a video flaunting the rare timepiece on social media. In a recent Instagram video, netizens spotted Zuckerberg sporting the Bulgari Octo Finissimo Ultra COSC, the world's thinnest mechanical watch, measuring an astonishing 1.7mm in thickness—about the width of two stacked credit cards. Read More