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Meet the new influencers. The era of audio creators has arrived, thanks to Clubhouse

Audio creators are a new kind of influencer , born of the meteoric rise of the audio-only chat app Clubhouse . Together, they are pulling in millions of weekly listeners and building online followings. Now, with Clubhouse booming and other social apps , like Twitter , taking cues from its success, they are banding together and working with big brands. Audio Collective is one outgrowth of the audio boom. The company, which announced its formation Thursday, will offer event planning, brand consulting, and support and community for creators working in the field. Its founders also plan to lobby Clubhouse for stronger moderation policies, better insights and performance metrics, and monetization tools. The company’s 40 founding members are creators themselves; they host talk shows, meet-ups, discussion groups and other high-profile events and command many millions of followers. Unlike podcasters, who produce edited shows, they perform for a live, interactive audience, much ... » Learn More about Meet the new influencers. The era of audio creators has arrived, thanks to Clubhouse

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Sensex plunges 400 points, Nifty settles below 15,000 dragged by banks

Indian equity market ended on Friday amid weak global cues as rising bond yields spooked investors. The Sensex ended 440.76 points, or 0.87 percent lower at 50,405.32, while the Nifty settled at 14,938.10, down 142.65 points, or 0.95 percent. All the sectoral indices ended in the red with banks, financials, and metal indices leading the losses. Broader markets also succumbed to selling pressure. On the Nifty50, IndusInd Bank, UPL, Tata Motors, Wipro, and Hindalco Industries were the top losers, while ONGC, GAIL India, Maruti Suzuki, Kotak Mahindra Bank, and Hero MotoCorp were the top gainers. The BSE Sensex on Thursday plunged by around 599 points to crack below the key 51,000-level amid a meltdown in global shares triggered by a surge in US bond yields. The broader NSE Nifty too closed with a loss of 164.85 points or 1.08 percent at 15,080.75. On the Sensex chart, HDFC, L&T, SBI, Axis Bank, Bajaj FinServ, and HDFC Bank were major laggards dropping up to 2.62 ... » Learn More about Sensex plunges 400 points, Nifty settles below 15,000 dragged by banks

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Sensex closes at 50,846, Nifty ends at 15,080 points

Mumbai: Snapping its three-session winning run, the BSE Sensex plunged by around 599 points to crack below the key 51,000-level on Thursday (March 4) amid a meltdown in global shares triggered by a surge in US bond yields. Intra-day, the 30-share BSE index fell as much as 905 points before ending the session at 50,846.08, showing a decline of 598.57 points or 1.16 per cent. The broader NSE Nifty too closed with a loss of 164.85 points or 1.08 per cent at 15,080.75. On the Sensex chart, HDFC, L&T, SBI, Axis Bank, Bajaj FinServ and HDFC Bank were major laggards dropping up to 2.62 per cent. Of 30 Sensex shares, 25 closed with losses. "Domestic equities traded lower today mainly on weak global cues Financials and Metals indices were keg drags today, while FMCG, Pharma and IT indices were resilient. A sharp 6 bps rise in 10-Year USA treasury yield made investors jittery today," said Binod Modi, Head - Strategy at Reliance Securities. Over the previous three ... » Learn More about Sensex closes at 50,846, Nifty ends at 15,080 points

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Sensex tumbles 726.29 points in opening trade, Nifty at 15,048.55

New Delhi: The domestic indices opened with a fall on Thursday (March 4). The US markets ended lower on Wednesday and this is reflected in the Indian markets. The Sensex tumbles 726.29 points to 50,718.36 in opening trade; Nifty drops 197.05 points to 15,048.55. The BSE Sensex slumped over 726 points to slip below the key 51,000-level in early trade on Thursday (March 4), tracking meltdown in global shares due to a surge in bond yields overseas. The 30-share Sensex was trading at 50,718.36, showing a fall of 726.29 points or 1.41 per cent. While the broader NSE Nifty was trading down 197.05 points or 1.29 per cent at 15,048.55. On the Sensex chart, HDFC duo fell as much as 2.48 per cent, followed by Bajaj FinServ, Kotak Bank and Bajaj Finance dropping up to 2.23 per cent. Of Sensex shares, 27 traded in the red. Over the previous three sessions, the Sensex had risen by 2,344.66 points or 4.77 per cent, while the Nifty had added 716.45 points or 4.93 per ... » Learn More about Sensex tumbles 726.29 points in opening trade, Nifty at 15,048.55

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Sensex tumbles 440.09 points to 50,405 in opening trade; Nifty drops 124.75 points to 14,956

The domestic indices opened with a fall on Friday (March 5). The Sensex tumbles 440.09 points to 50,405.99 in opening trade; Nifty drops 124.75 points to 14,956. Wall Street slumped on Thursday (March 4) and global stock markets declined after U.S. Federal Reserve Chair Jerome Powell repeated his pledge to keep credit flowing until Americans are back to work, rebutting investors who have openly doubted he can stick to that promise once the pandemic passes. This downfall has been reflected in the Indian indices. HDFC Bank, ICICI Bank, Housing Development Finance Corporation, Axis Bank, State Bank of India, Bajaj Finance were some of the major contributors to the fall in Sensex. ONGC, NTPC, Maruti Suzuki, Tech Mahindra, HCL Tech, Titan Company were the major gainer in the Sensex. The domestic Equity market went lower on Thursday (March 4) as the rising bond's yield slipped din the global markets. SGX Nifty was in red falling 180 points on Friday (March 5) morning. ... » Learn More about Sensex tumbles 440.09 points to 50,405 in opening trade; Nifty drops 124.75 points to 14,956

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Sunday market may hold clue to bird flu

The Ravivari (Sunday market) on Sabarmati Riverfront near Ellisbridge is said to be the source of the poultry that tested positive for H5N1 Avian Influenza in the city. Officials of the Animal Husbandry Department and Health team from AMC swarmed the Sola Devipujak Vasahat on Thursday after two of 12 poultry samples sent to the Nation Institute of High Security Animal Diseases ( NIHSAD ) tested positive for Bird Flu. Four teams began door-to-door checks for any poultry in the backyard hatcheries prevalent in the 1 km area. However, they did not find a single bird as they had already been sold, or consumed. Animal Husbandry Deputy Director Dr Suketu Upadhyay said that consumption was not a worrying factor as the Indian method of cooking above 70 degrees Celsius for 30 minutes ensured the destruction of the virus in chicken. Further, the health team of the AMC from Thursday night onwards and throughout Friday was busy screening residents of the area for traces ... » Learn More about Sunday market may hold clue to bird flu

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Glenmark Pharma signs Rohit Sharma as brand ambassador

Glenmark Pharma on Friday said it has signed cricketer Rohit Sharma as brand ambassador for its product Candid Powder . Sharma has "officially signed on to represent Glenmark's Candid Powder, a legacy brand of the company's consumer care division", the company said in a statement. Sharma will be the official face of the brand as part of its 360 degree communication. Glenmark said Candid Powder brand is a market leader in its category, with a market share of 64 per cent in the medicated powder category. Glenmark's Candid Dusting Powder is used to treat four key skin problems of redness, irritation, sweat rash and fungal infections. Shares of Glenmark Pharma were trading 0.34 per cent lower at Rs 472.40 apiece on the BSE. ... » Learn More about Glenmark Pharma signs Rohit Sharma as brand ambassador

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Nation shows resolve to further integrate with global economy

China's pragmatic opening-up measures released in the draft 14th Five-Year Plan (2021-25) have fully demonstrated the country's resolve to further integrate with and contribute to the world economy, officials and experts said on Friday. In the draft Outline for the 14th Five-Year Plan for Economic and Social Development and Long-Range Objectives Through the Year 2035, China has vowed to unswervingly open its economy wider, further promote the free flow of production factors and expand institutional opening-up in the coming five years. The country must leverage its domestic market to create strong gravitation for global factors and resources in the coming five years, as part of efforts to build the new dual-circulation development paradigm, in which the domestic market is the mainstay while the domestic and international markets support each other, Xinhua News Agency reported the outline as saying on Friday. Premier Li Keqiang outlined specific opening-up measures for this year, ... » Learn More about Nation shows resolve to further integrate with global economy

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New space: On ISRO’s first dedicated commercial mission

With the launch of Brazil’s Amazonia-1 satellite last week from Sriharikota, a new chapter has begun in India’s space history. The satellite, a 637-kilogram entity, was the first dedicated commercial mission of NewSpace India Limited , a two-year-old commercial arm of the Department of Space. This is not the first time that NSIL has organised a launch of foreign satellites aboard an Indian Space Research Organisation (ISRO) launch vehicle. The organisation has had launches last November as well as in December 2019. However, the primary satellites aboard both these missions were Indian satellites — the RISAT-2BRI and the EOS-01 — with smaller satellites from several other countries, as well as India, piggybacking on them. The Amazonia mission also saw 18 other satellites being launched and was the first fully commercial mission. India has so far launched 342 foreign satellites from 34 countries using its Polar Satellite Launch Vehicle platform and many of them have involved ISRO’s ... » Learn More about New space: On ISRO’s first dedicated commercial mission

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Nickel slumps as electric dreams are rudely disturbed

LONDON: Nickel has endured its worst week in almost ten years, with the London Metal Exchange (LME) price collapsing by 16% in the space of two days to a three-month low of $15,830 per tonne. The trigger for the ferocious sell-off was an announcement by China's Tsingshan Holding Group that it had signed deals to deliver nickel matte to two Chinese battery materials suppliers. Tsingshan has rapidly emerged as one of the world's largest nickel producers, its Indonesian mines pumping nickel pig iron (NPI) into a local stainless steel plant the company brought online in 2017. It is a self-proclaimed disruptor of the stainless steel market and it's now disrupting nickel's bullish electric vehicle narrative. The conversion of NPI to matte for processing into battery-grade nickel sulphate is another twist of nickel's alchemical Rubik's Cube and one which, according to Citi, "could rock the long-term investment case for nickel". The news was certainly enough to rock the ... » Learn More about Nickel slumps as electric dreams are rudely disturbed

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