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Stock markets rise for 2nd day, aided by falling oil prices, positive global trends

Mumbai, Jun 25 (PTI) Benchmark stock indices Sensex and Nifty advanced on Thursday as softening crude oil prices and a rally in global markets boosted investor sentiment. Rising for the second consecutive day, the 30-share BSE Sensex settled 109.25 points, or 0.14 per cent, higher at 77,100.47 even as 19 of its constituents declined and 11 advanced. The index opened higher and surged further 811.96 points, or 1 per cent, to hit the day’s high of 77,803.18. However, profit-taking in IT and metal shares erased gains in the second half. The 50-share NSE Nifty rose by 34.35 points, or 0.14

Rupee rises 16 paise to settle at 94.39 against US dollar

Mumbai, Jun 25 (PTI) The rupee appreciated 16 paise to settle at 94.39 (provisional) against the US dollar on Thursday as global crude oil prices continued to slide. Positive sentiments in the domestic equity markets and a marginally weaker greenback further supported the local unit while FII outflows prevented sharper gains, forex traders said. At the interbank foreign exchange, the rupee opened at 94.30 against the dollar and traded in the range of 94.13-94.56. It settled at 94.39 (provisional), up 16 paise from the previous close. The rupee appreciated 21 paise to settle at 94.55 against the US dollar on

Amazon to invest additional $13 billion in India cloud, AI

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June 25 (Reuters) – Amazon said on Thursday it will ​invest an additional $13 billion by 2030 in ‌India to expand its AI and cloud infrastructure. The new investment is in addition to its planned $35 billion funding announced last year, ​taking the e-commerce firm’s investment in ​the country to $48 billion through 2030. The announcement ⁠follows a meeting between Amazon CEO ​Andy Jassy and Indian Prime Minister Narendra ​Modi on Thursday in New Delhi. “Shared that we’re investing $48 billion over the coming five years, including $21+ billion in AI and ​cloud infrastructure,” Jassy said in a ​post on

85% of kids are still using social media despite ban. But we need a new measure to judge its success

Brisbane (Australia), Jun 25 (Conversation) Six months on from Australia’s under-16s social media ban taking effect, the early verdict from headlines and children themselves has been blunt: it isn’t working. A new study published today in the British Medical Journal appears to add even more weight to this judgement. Led by University of Newcastle public health researcher Courtney Barnes, the study found very little evidence that kids had stopped accessing restricted social media platforms such as TikTok, X, Facebook and Instagram. But the question “are children evading social media age checks?” might be the wrong one to ask when considering

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