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AP eyes Rs 1L-cr investments in aerospace, defence sectors

Vijayawada: Chief Minister N Chandrababu Naidu on Monday underlined the need for focusing on advanced aerospace and defence technologies with an aim to attract investments up to Rs 1 lakh crore in both the sectors over the next five years.Speaking at a review meeting on the Aerospace and Defence Policy 4.0 (2025–2030) at the Secretariat here, the Chief Minister said the state should be positioned as “a hub for advanced technologies and innovation in the aerospace and defence sectors” in the wake of Operation Sindoor. He pointed out immense growth...
Currencies

Currency Market News: Rupee plunges 84 paise to 85.61 vs US dollar amid Indo-Pak tensions

Rupee fell sharply by 84 paise to close at 85.61 (provisional) against the US dollar on Thursday, as escalating geopolitical tensions between India and Pakistan triggered risk aversion among investors. Forex traders said the domestic currency came under pressure after Pakistan attempted to target several Indian military sites using drones and missiles—a move thwarted by India's defence systems. The geopolitical stress, coupled with a stronger US dollar and rising crude oil prices, further weighed on sentiment. The rupee opened at 84.61 at the interbank foreign exchange and swung between a...
Stock Market

Sensex Today | Stock Market LIVE Updates: Nifty bulls hope for continued resilience on weekly expiry as India-Pakistan tensions persist

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous session in the green, despite India-Pakistan tensions rising post Operation Sindoor and ahead of the US Fed meet. Nifty 50 closed at 24,414.40, while Sensex ended at 80,746.78. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous session 1,862.95 points away from its record high of 26,277.35.Overnight, Wall Street indices ended higher after the US Fed left interest rates unchanged brushing off US President Donald Trump's demands to lower rates....
Stock Market

Sensex Today | Stock Market Live Updates: Nifty hovers around 24,350; Asian Paints, IndusInd Bank top losers

Stock Market Live Updates: India's equity markets, which have been on the edge awaiting more clarity on India's stance post the Pahalgam terror attack, quickly recovered from their opening lows, reacting to developments from the early hours of Wednesday morning. In a strong response to the brutal Pahalgam terror attack, the Indian Armed Forces launched precision missile strikes early Wednesday under ‘Operation Sindoor’, targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK). Watch this space for all the Live updates.Stock Market Live Updates: Nifty opened today's trade session 2,044.05...