Mumbai, Sep 27 (PTI) The rupee declined 3 paise to settle at 83.69 against the US dollar on Friday amid subdued domestic equity markets and increased month-end demand for the American currency. However, sliding crude prices in the international market and renewed foreign fund inflows supported the local unit and restricted the fall, forex dealers […]
By Polina Devitt and Anjana Anil (Reuters) - Gold prices were heading for their best quarter in more than eight years on Friday, having hit a series of record highs in recent sessions as the start of
New Delhi, Sep 27 (PTI) Shapoorji Pallonji and Khurshed Yazdi Daruvala — promoters of Sterling And Wilson Renewable Energy — on Friday divested a 7.14 per cent stake in the company for Rs 1,040 crore via open market transactions. According to the bulk deal data available with the NSE, Shapoorji Pallonji and Company Pvt Ltd […]
By Georgina McCartney HOUSTON (Reuters) - Oil prices edged higher on Friday, but were set for a weekly drop as investors weighed expectations for higher global supply against fresh stimulus from top
High value of 350-acre Ford plant property drove TN to encourage Ford to return over nearly a yr of negotiations. It's expected to reinforce state's resurgence as global manufacturing hub.
India Business News: SpiceJet has settled all its GST dues after successfully raising INR 3000 crore through a Qualified Institutional Placement. The airline also resolved
International Business News: The US FDA has approved Bristol Myers Squibb’s oral medicine, Cobenfy, for treating schizophrenia in adults. This is the first new type of medication
India Business News: V Anantha Nageswaran, India's chief economic advisor, forecasts a 6.5-7% growth rate for the current financial year, citing strong fiscal and monetary
India Business News: The Reserve Bank of India is approaching a crucial interest rate decision with uncertainty looming as the contracts of three external members of its m
India Business News: On Friday, Indian equity benchmark indices BSE Sensex and Nifty50 maintained their upward momentum. Infosys, TCS, and Sun Pharma emerged as top gainer
Meta’s AI assistants can now talk and see the world. The company is also releasing the multimodal Llama 3.2, a free model with visual skills.
In a letter to the OpenAI team posted on X, Murati wrote that “this moment feels right” to step down.
At Meta’s Connect developer conference, CEO Mark Zuckerberg showed off Orion, a futuristic pair of smart glasses that the company hopes will lead the next foundational shift in personal computing.
Extended hours after the pandemic have put pressure on pilots in India, who are working longer hours without rest, but monitoring technology to help curb overworking is glitchy and hard to find.
As Israel intensifies its attacks on Lebanon, eerie messages have been arriving on the phones of civilians on both sides of the border, with authorities in each country accusing the other of psychological warfare.
Citi set a target price of Rs 9,250 for the stock, signaling a 21% upside from the previous closing price, and added it to its Pan-Asia high-conviction focus list.
The S&P BSE Sensex added 666.25 points to end at 85,836.12, while the NSE Nifty50 gained 211.90 points to close at 26,216.05.
Vedanta’s performance in 2024 has been impressive, with the stock climbing 95% so far this year and gaining 124.35% over the last 12 months. Over a five-year period, the stock has risen by 202%.
Despite the uncertainty arising from the Middle East conflict, Indian stocks have surged, with benchmarks like the Sensex and Nifty showing strong gains.
When it comes to equity derivatives trading, retail investors are on the back foot, as 93 per cent of them incurred losses with average loss of around Rs 2 lakh per trader during the last three financial years (FY 22 to FY 24), according to a new study conducted by the Securities and Exchange Board of India (SEBI). There are over one crore individual (Futures & Options) traders. Despite consecutive years of losses, more than 75 per cent, of lossmaking traders continued trading in F&O.
Order came after Sebi, in August, barred Anil Ambani and 24 others from securities market for 5 years in case pertaining to diversion of Reliance Home Finance Ltd's funds.
Offered at introductory price of Rs 84,990.
Nexon.ev with 45 kWh battery pack priced at 13.99L.
The NSE Nifty also went up by 39.85 points to hit a new record high of 25,978.90.
New Delhi, Sep 23 (PTI) Labour Minister Mansukh Mandaviya on Monday said investigation is underway into the alleged “unsafe and exploitative work environment” that is said to have caused EY staffer Anna Sebastian Perayi’s death, and the report is expected in 10 days. The Ministry of Labour & Employment is investigating alleged “unsafe and exploitative […]
Hyderabad (Telangana) [India], September 23 (ANI): AM Green Technology and Solutions BV, part of the AM Green Group, has announced the acquisition of Chempolis Oy and Fortum 3 BV. According to an official release, this acquisition will bolster AM Green’s vision of transforming Chempolis’s next-generation 2G bio-fuel technology into a comprehensive global bio-refinery platform, with […]
New York, Sep 23 (PTI) Technology giants Google and Nvidia will enhance their engagement in India with more focus on leveraging artificial intelligence technology in the country, top officials of the companies said on Monday after meeting Prime Minister Narendra Modi. Graphics Processing Unit (GPU) major Nvidia CEO Jensen Huang said the Prime Minister has […]
Issue of GST on food items is in news again after hotel owner’s viral interaction with Finance Minister Sitharaman last week. But complexities highlighted go back further in time.
Speaking at an event in Delhi, Shaktikanta Das said India’s potential growth rate was 7.5% & economy could 'eventually' grow at 8%, adding the current yr's growth was expected to be 7.2%.
India Business News: Mumbai: Outward remittances by Indians rose to their highest level in 10 months to nearly $2.
India Business News: BENGALURU: IT services companies are increasingly adopting nearshoring as a strategy to be closer to their clients while finding cost-effective altern.
India Business News: NEW DELHI: Anti-corruption ombudsman Lokpal has said that a complaint by a Lok Sabha MP alleging impropriety and conflict of interest by Sebi chairper.
India Business News: LONDON: A lot has been going on at Air India which, under the management of the Tata Group has set in motion a five-year transformation plan.
SocialAI is an online universe where everyone you interact with is a bot—for better or worse.
A UN report proposes that the organization take a much more active role in the monitoring and oversight of AI.
Paul Graham’s viral essay explains why Brian Chesky and Steve Jobs ruled and professional managers stink. But if a manager is smart and the founder is meh, who’s better?
AI has scrambled our ability to tell what’s real and what’s synthetic. But there are tools and techniques to help stay grounded in truth.
Calling for Apple to break its silence on the ongoing war in Gaza and to rid so-called blood minerals from its supply chain, protesters stood outside over a dozen Apple Stores around the world Friday.
A recent study reveals how long people in different countries need to work in order to afford the iPhone 16, with citizens in Switzerland requiring the least number of days.
PM Modi bought an artefact of Bhagwan Jagannath and paid via Paytm QR, showcased not only the significance of the crafts but also the role of fintech in empowering small merchants and fostering increased trust in mobile payments.
The scheme, overseen by the Pension Fund Regulatory and Development Authority (PFRDA), is part of the National Pension System (NPS) and aims to help parents and guardians begin retirement savings for their children from an early age
The Murdoch family, one of the most powerful media dynasties in the world, is currently engaged in a bitter battle for control of their media empire.
The government on Thursday announced a cut in certain charges at ports and the purchase of five additional used container vessels by Shipping Corp as part of steps to resolve shipping-related woes being faced by exporters and importers.
The Supreme Court has dismissed telecom firms’ curative petitions, including those filed by Vodafone Idea and Bharti Airtel, seeking correction of alleged errors in calculating the adjusted gross revenue (AGR).
Blasting the US Federal Aviation Administration (FAA) for fining SpaceX “for trivia”, CEO and founder Elon Musk on Friday said, “enough is enough”.
Mahindra & Mahindra, JSW Steel, ICICI Bank, Larsen & Toubro, Bharti Airtel, Nestle, Adani Ports, Hindustan Unilever, HDFC Bank, Tech Mahindra, Maruti among big gainers.
By Daksh Grover (Reuters) - Gold prices rose on Thursday after hitting a record high in the previous session, as the U.S. Federal Reserve delivered a super-sized interest rate cut. Spot gold rose 0.5%
By Colleen Howe BEIJING (Reuters) -Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but concerns over global demand lingered and capped gains. Brent crude
Earlier in the day, Economic Affairs Secretary Ajay Seth said that the rate cut is unlikely to have any significant impact on foreign inflows into India.
San Francisco, Sep 19 (PTI) Customer relationship management-focused entity Salesforce is keen on expanding in India and looking for more space in the country, a top official said on Wednesday. The company, which has centres in Bengaluru and Hyderabad to support global operations, is looking for space to expand in India currently, its chief operating […]
Since 2019, govt has pumped Rs 3.22 lakh crore into MTNL & BSNL. Both remain in losses. MTNL has begun to default on loans & bond payments, possibly the first large PSU to become NPA.
India Business News: Star India has filed a claim for $940 million in damages against Zee Entertainment Enterprises in the London arbitral court due to payment defaults on
Meerut Metro: The all new Meerut Metro trains with swanky passenger amenities have been unveiled! The Meerut Metro is being called the ‘fastest’ metro service in India, once it becomes operational. To be operated by NCRTC, the executing agency for the Delhi-Meerut rapid rail project, the 100% ‘Make in India’ Meerut Metro trains have several passenger comforts. We take a look at Meerut Metro’s speed, route map, stations, key features, images & more:
International Business News: Wall Street stocks experienced a slight decline after the Federal Reserve announced an unexpected half-percentage-point interest rate cut. Fed Chair J
India Business News: Anna Sebastian Perayil's death at EY in Pune has led to calls for better employee well-being in India Inc. HR leaders emphasize the need for improved
Billionaire Mark Cuban is done with his hit TV show, but he’s still invested in fighting pharma’s middlemen, being a dad, and needling Elon Musk.
Mumsnet CEO Justine Roberts spoke to WIRED about why licensing talks with OpenAI broke down and why her company is planning legal action.
After coming out in favor of crypto, the Trump family is launching a venture of its own. You’ll just have to wait for the details.
If you try to figure out how OpenAI’s o1 models solve problems, you might get a nastygram.
A news survey shows that AI use among high schoolers has exploded in recent months, as educators and parents struggle to keep up.
The leading edible oil associations were advised to ensure that the MRP of each type of oil is maintained until stocks imported at 0% and 12.5% BCD are exhausted.
The scheme, announced during the Budget in July 2024, is designed for parents and guardians to make long-term investments for their minor children.
While the southern states have emerged as major contributors to India’s GDP, states like West Bengal, once economically strong, have witnessed a puzzling decline, according to a working paper released by the Economic Advisory Council to the Prime Minister.
SpiceJet has not paid Rs 220 crore in TDS deductions from employees' salaries between April 2020 and August 2023 to tax authorities.
The S&P BSE Sensex added 188.33 points to 83,267.99, while the NSE Nifty50 gained 46.90 points to 25,465.45
Will cater to 60 per cent of domestic demand for key component.
Agriculture Minister Shivraj Chouhan announces decisions; PM says decisions to raise farmers’ incomes .
Workers are demanding higher wages, recognition for a union backed by labour group Centre of Indian Trade Unions and better working hours.
NTPC was biggest gainer on Sensex chart, rising 2.44 per cent, followed by JSW Steel, Larsen & Toubro, ICICI Bank, Axis Bank, Nestle, Mahindra & Mahindra and Tata Steel.
New Delhi [India], September 14 (ANI): Tamil Nadu’s Tuticorin Airport is undergoing significant upgrades, including the extension of the runway for A-321 aircraft operations, construction of a new apron, terminal building, technical block-cum-control tower, and fire station, at a cost of Rs381 crore, the Airports Authority of India (AAI) said in a statement on Saturday. […]
New Delhi [India], September 15 (ANI): Investors across financial markets, including in India, will look for fresh cues from the outcomes of the upcoming US monetary policy review meeting next week, particularly the extent of interest rate cut, if any. The US Federal Reserve’s next meeting is scheduled for September 17-18, 2024. Show Full Article […]
New Delhi [India], September 15 (ANI): The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that their share will rise to upwards of 13 per cent by 2026-27, investment banking company Jefferies asserted in a report. In the financial year that ended in March 2024, the share […]
While addressing Semicon India 2024, PM Narendra Modi says India's favourable policies have helped attract investments more than Rs 1.5 trillion in this sector.
International Business News: Ryanair CEO Michael O'Leary stated that a prolonged Boeing workers' strike could reduce the number of aircraft deliveries by next summer to 20 from an
International Business News: NEW DELHI: Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce.
India needs to deepen partnerships with Taiwan and Japan to enhance its semiconductor ecosystem, says Elara Securities. Despite government incentives,
Race and gender are part of it, but there’s more to those unconvincing pictures of the presidential candidate.
Hume AI, a startup founded by a psychologist who specializes in measuring emotion, gives some top large language models a realistic human voice.
The ChatGPT maker reveals details of what’s officially known as OpenAI o1, which shows that AI needs more than scale to advance.
Stanford computer scientist Fei-Fei Li is unveiling a startup that aims to teach AI systems deep knowledge of physical reality. Investors are throwing money at it.
The company nearly doubled its emissions in 2023, making it the worst actor in a notoriously unsustainable industry.
In a joint statement, Sebi chief Madhabi Puri Buch and husband Dhaval Buch rejected recent allegations of conflict of interest as "false, malicious, and defamatory."
Brokerages tracking the IPO have already indicated that the IPO is set for a positive listing, with the grey market premium (GMP) indicating that investors will see their money double on listing day.
The S&P BSE Sensex fell 135.83 points to 82,926.88, while the NSE Nifty50 settled 43 points lower at 25,345.90.
The allegations primarily revolved around Dhaval Buch's consulting assignments, the couple's rental income from a property leased to a Wockhardt associate, and Madhabi’s Employee Stock Options (ESOPs) from ICICI Bank.
The discussions involve prominent figures close to Trump, including Larry Kudlow, the former director of the National Economic Council, and John McEntee, who previously worked in the White House.
Commerce Minister Piyush Goyal on Wednesday said the government will protect the interest of 100 million small retailers, who are facing competition from major e-commerce players.
Prices start as low as Rs 60,000 and go up to Rs 1.5 lakh.
Claims most fuel-efficient hatchback in its segment.
Customers can enjoy enhanced browsing speeds, better indoor coverage.
The Supreme Court said Thursday it will consider listing low-cost airline SpiceJet's plea challenging a Delhi High Court verdict grounding three aircraft engines for defaulting on payments to lessors.
New Delhi [India], September 10 (ANI): Union Finance and Corporate Affairs Minister Nirmala Sitharaman, on Tuesday interacted with the members of the Finnish Parliamentary delegation from the Commerce Committee. The delegation was led by Sakari Puisto, MP, and Chairman of Commerce Committee. Show Full Article The Finance Ministry said in a post on X that […]
New Delhi [India], September 10 (ANI): The Indian aviation sector has to enhance cybersecurity infrastructure by leveraging artificial intelligence, machine learning, and real-time threat detection systems, said Director General of the Bureau of Civil Aviation Security (BCAS), Zulfiquar Hasan, on Tuesday. DG BCAS Hasan was addressing senior officials of the Ministry of Civil Aviation and […]
By Georgina McCartney HOUSTON (Reuters) -Global oil benchmark Brent crude futures sank below $70 a barrel on Tuesday for the first time since December 2021, after OPEC+ revised down its demand
By Stephen Culp NEW YORK (Reuters) -U.S. stocks were mixed on Tuesday and crude prices dipped as concerns over softening global demand held risk appetite in check a day ahead of inflation data. Market
By Georgina McCartney HOUSTON (Reuters) -Global oil benchmark Brent crude futures settled at their lowest since December 2021 on Tuesday, after OPEC+ revised down its demand forecast for this year and
India Business News: Gautam Adani has called on Bangladesh's government to promptly settle $800 million in unpaid dues owed by the Bangladesh Power Development Board for e
India Business News: External Affairs Minister S Jaishankar stated that India remains open to business with China but emphasized the importance of sector-specific engageme
India Business News: HYDERABAD: US aerospace giant Lockheed Martin and Tata Advanced Systems Limited (TASL) on Tuesday said they have entered into a teaming agreement to e.
India Business News: Taiwan's Delta Electronics is set to nearly double its Indian workforce from 3,500 to 6,500 employees over the next five years. The company has opened