Apple supplier Foxconn has ordered hiring agents, who help recruit iPhone assembly workers in India, to remove age, gender and marital criteria as well as the manufacturer's name in job advertisements, according to three people familiar with the matter and almost a dozen ads reviewed by Reuters.
The wedding festival will last from November 15 to December 1.
From the 30-share Sensex pack, Mahindra & Mahindra, Tech Mahindra, HDFC Bank, Titan, Tata Motors, UltraTech Cement, Power Grid and Infosys were biggest gainers.
By Wayne Cole SYDNEY (Reuters) - The dollar was looking to extend its bull run on Monday as lofty Treasury yields and a more restrained outlook for U.S. rate cuts burnished its attractiveness, though
By Florence Tan SINGAPORE (Reuters) - Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world's
By Wayne Cole SYDNEY (Reuters) - The dollar rose against the yen on Monday after Japan's top central banker flagged further policy tightening ahead but left open the question of timing, leaving the
Slump in corporate sector, overall slowdown in economy are key reasons, but analysts assure the slowdown is not likely to impact govt's fiscal projection for the year.
The scenic riverfront, meant to showcase Rajasthan's culture & boost commerce, has struggled due to NGT case over environmental clearances, political conflict, administrative neglect.
India Business News: Government is preparing to permit complete foreign ownership of insurance businesses, potentially attracting major international players. The proposed
International Business News: NEW DELHI: Brazil's proposal to tax the super-rich is unlikely to be carried through when leaders of the G20 meet in Rio De Janeiro later this week as.
India Business News: Nifty 50 companies reported single-digit net profit growth for the second consecutive quarter in Q2 FY25, primarily due to weakness in the commodities
India Business News: At COP29, India criticized developed nations for delaying climate action and failing to provide adequate financial support to developing countries. Th
India Business News: NEW DELHI: Tata group will buy into the India operations of Apple's manufacturing partner Pegatron almost a year after acquiring the business of anoth.
Under Donald Trump and Joe Biden alike, the US has been determined to “reshore” chipmaking. Now money and colossal infrastructure are flowing to a vast Intel site in Ohio—just as the company may be falling apart.
A new analysis of Substack’s top newsletters estimated that around 10 percent publish AI-generated or AI-assisted content.
With billions sold each year, the battle is on to make the ideal electric car tire—one that offers the holy trinity of increased range, eco credentials, and less noise. The results could benefit every vehicle on the planet.
Tech critics are more sophisticated than ever. They’re still wrong.
Taylor Swift fans have accused Ticketmaster and its parent company of conspiring with third parties to inflate concert ticket prices in violation of a law originally meant to target organized crime.
NTPC Green Energy is a wholly-owned subsidiary of NTPC Ltd, focusing on renewable energy projects through both organic growth and acquisitions.
Subscription figures for IPOs have dropped in recent months. Global economic uncertainty, rising interest rates, and tighter liquidity have made investors cautious.
Despite the fall in prices, analysts remain bullish about the yellow metal's long-term potential. Here is all you need to know.
NTPC Green Energy IPO: The IPO is positioned as one of the largest in India this year, alongside Hyundai Motor India Ltd. and Swiggy Ltd. The anchor book will open for subscription on Monday.
Experts suggest that the trajectory of future FPI flows will largely depend on how India maintains macroeconomic stability and improves corporate earnings.
Driven by high food product, equipment manufacturing costs.
RBI to hold interest rates steady this year, says Moody's.
By Katya Golubkova TOKYO (Reuters) - Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also kept a
By Rae Wee SINGAPORE (Reuters) - Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary
By Katya Golubkova and Trixie Yap (Reuters) -Oil prices slipped in early trade on Thursday, reversing most of the previous session's gains, weighed down by worries of higher global production amid
Mumbai (Maharashtra) [India], November 14 (ANI): Indian markets opened flat on Thursday with a marginal dip, maintaining the continuous selling pressure in both major indices. The Nifty 50 index opened at 23,542.15 points with a decline of 16.90 points or 0.07 percent, while the BSE Sensex opened at 77,636.94 with a dip of 54.01 points […]
The Reserve Bank of India (RBI) is mandated to keep inflation in a range of 2%-6%, with a medium term target of 4%.
IL&FS has reevaluated its Mumbai headquarters, TIFC, increasing its value to Rs 1,700 crore, a 57% jump from the highest bid received in 2021. This mo
India Business News: Vodafone Idea reported a smaller loss of Rs 7,176 crore in the September quarter, thanks to tariff hikes that boosted revenue. Despite this, the compa
India Business News: Indian investors have lost over half a trillion dollars due to a market crash fueled by foreign fund outflows and concerns about US policies. Despite
Swiggy's stock soared 17% on its debut trading day, closing at Rs 456, despite a market downturn. This impressive start pushed the food delivery giant
India Business News: Robert Willen, Kearney's global managing partner, sees huge potential in India's growing domestic market. He believes governments play a key role in a
The crypto industry is celebrating the return of Donald Trump to the White House in anticipation of an easier ride under his regime.
A cohort of content creators say it's possible to make money on OnlyFans without stripping. I put that claim to the test.
Unscrupulous online operators are spreading toxic lies to push bitcoin scams and sell MAGA shirts to Facebook users in the run-up to the US presidential election.
Donald Trump says he’ll spare TikTok. Kamala Harris will likely support the ban. But inside the company, few are talking about the US election.
Generative AI and new rules targeting tech giants are giving Ecosia and Qwant fuel to challenge Google and Microsoft and develop a web index for Europe.
After opening in green, the S&P BSE Sensex reversed course, dragged down by banking, financial services, and auto stocks. The Nifty50, too, faced a broad-based decline, with nearly all sectoral indices closing in the red except for Nifty Realty.
The inflation rate currently stands at 6.68% in rural areas, surpassing the urban inflation rate, which is recorded at 5.62%.
Swiggy’s IPO stock market listing: The grey market premium (GMP) of Rs 2 ahead of Wednesday's debut indicates only a marginal gain of 0.51% above the issue price.
Analysts attributed the selloff to continued foreign investor outflows and disappointing quarterly earnings, particularly in banking and auto sectors. Foreign institutional investors (FIIs) reportedly offloaded Rs 2,306 crore worth of Indian equities, extending their selling spree.
Tesla CEO Elon Musk, the world's richest man, has been eyeing entry to the Indian telecom sector with Starlink.
Most of the housing projects launched in this part of the world based on peer pressure or gut feeling of the developer. Getting the consumer feedback before conceptualising a housing project and scouting for the land parcel for the same is not very common in India.
The sources said the probe has found that the two entities were allegedly extending preferential treatment to some restaurant partners.
Valuation of Reliance Industries falls Rs 74,563.37 crore to Rs 17,37,556.68 crore.
Cryptocurrencies rally on de-regulation expectations .
Axis Bank, Adani Ports, Nestle, Reliance Industries, Tata Steel and IndusInd Bank among laggards.
New Delhi [India], November 9 (ANI): The Indian stock markets continue to feel the pressure from sustained selling by foreign portfolio investors (FPIs). According to the National Securities Depository Ltd (NSDL) data, FPIs have offloaded equities worth a significant Rs 19,994 crore in just the first five trading sessions of November, intensifying concerns about market […]
Bengaluru (Karnataka) [India], November 9 (ANI): Union Finance and Corporate Minister Nirmala Sitharaman on Saturday reviewed the performance of 10 Regional Rural Banks (RRBs) of the Southern Region in Bengaluru. The Union Finance Minister reviewed the performance of RRBs of Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Kerala and UT of Puducherry, the Ministry of Finance […]
New Delhi [India], November 9 (ANI): Amid sustained selling by foreign portfolio investors (FPIs) in the Indian stock markets, Sriram Krishnan, Chief Business Officer of the National Stock Exchange (NSE), expressed confidence in the resilience of India’s growth story. He emphasized that the current FPI sell-off does not indicate any fundamental issue with India’s economic […]
New Delhi [India], November 9 (ANI): The Indian life insurance sector recorded a robust year-on-year (YoY) growth in new business premiums (NBPs) for October 2024, with premiums increasing by 13.16 per cent compared to the same period last year, Life Insurance Council observed in its October 2024 business report. NBP collections surged from Rs 26,819.01 […]
At Second P Sundarayya Memorial Lecture, Patnaik spoke about reliable sources of nutritional data being ‘undermined’, British exploitation & ‘unrelenting attack’ on developing nations.
India Business News: Aurobindo Pharma witnessed a nearly 9% surge in consolidated net profit for Q2FY25, reaching Rs 817 crore. This growth was fueled by an 8% rise in con
Ben Rubin, cocreator of hit pandemic chat app Houseparty, has launched a new group messaging platform that aims to solve the problems undermining trust in public conversation—using blockchain. If it fails, that’s OK by him.
The controversial AI search engine, accused of aggressively scraping content, went all in on providing AI-generated election information.
Donald Trump's approach to Big Tech has oscillated between calls for stricter regulations for some players and a hands-off approach for others. Here's how he might steer tech policy in a second term.
He’s not even the biggest one. Monumental change will instead come from tech—from AI.
A judge tossed out a case against OpenAI brought by Alternet and Raw Story, in what could be a significant ruling in the larger battle between AI companies and publishers.
The investigation found these companies implemented practices that gave preferential treatment to certain restaurants on their platforms.
Speaking at Business Today’s Most Powerful Women 2024 event, Edelweiss Mutual Fund Managing Director and CEO Radhika Gupta said that while women have been the "chief financial officers" of their households for generations, it’s time to extend that role into the financial markets.
Speaking at the Business Today’s Most Powerful Women 2024 event, Piyush Goyal expressed India’s openness to reconsidering the tariffs on the iconic motorcycles.
This year’s Business Today Most Powerful Women list introduces 12 new faces, four returning achievers, and 37 repeat honourees from last year. Two trailblazers entered the MPW Hall of Fame after seven-time wins.
Kalli Purie, Vice-Chairperson and Executive Editor-in-Chief, India Today Group, delivered the vote of thanks at Business Today’s Most Powerful Women 2024 awards. Here's the full text of her speech.
The Income Tax Department has allowed tax officials to either waive or reduce interest payable by a taxpayer, subject to specified conditions.
With the Kylaq, Škoda Auto India to offer range of SUVs including Kodiaq and Kushaq.
BSE Sensex climbs 338.1 points to 79,814.73 in early trade; NSE Nifty jumps 101.5 points to 24,314.80.
Bitcoin jumped nearly 8 per cent in early trading, climbing above $75,000 and smashing its previous record set in March.
New Delhi, Nov 5 (PTI) The government will sell up to 2.5 per cent stake in Hindustan Zinc at a floor price of Rs 505 per share through an offer for sale (OFS). The stake sale would fetch over Rs 5,000 crore at the floor price. The two-day OFS opens for institutional bidders on Wednesday […]
New Delhi [India], November 5 (ANI): The Directorate of Enforcement’s Lucknow Zonal Office has provisionally attached 86 land parcels (73.34 hectares) worth Rs 31.94 crore belonging to Shri Lakshmi Cotsyn Limited in Lakshmi Cotsyn Bank fraud case under the provisions of Prevention of Money Laundering Act (PMLA), 2002. According to the ED, immovable properties attached […]
Mumbai, Nov 5 (PTI) The rupee recovered from its all-time low to settle 2 paise higher at 84.09 against the US dollar on Tuesday, supported by a recovery in the domestic markets and suspected intervention by the Reserve Bank of India. Forex traders said investors were cautious ahead of the US presidential election. Markets are […]
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
All the 13 major sectors logged losses.
India Business News: Stock market today: The NSE Nifty 50 climbed 0.91% to 24,213.3, and BSE Sensex increased 0.88% to 79,476.63. Both indices initially declined 0.6% duri
Top 10 largest economies in the world 2029-30: Did you know that India will become the world’s third largest economy by the ending years of this decade? Did you know that even in 2029, America’s GDP would be over 5.5 times that of India? India is the world’s fastest growing major economy and is expected to become the 4th largest in the coming years, and the 3rd largest subsequently. So what will the world economic order look like five years from now, at the turn of this decade? Which will be the top 10 largest economies in the world in 2029? We take a look at the list as per the International Monetary Fund’s (IMF) latest World Economic Outlook edition for October 2024: (AI image)
India Business News: Big crackdown on PAN details unauthorised use! The government is taking action against tech companies using citizen's data in an unauthorised way. Man
India Business News: Bharat Forge has emerged as the lowest bidder for a Rs 7,000 crore contract to supply the Indian Army with advanced towed artillery gun systems (ATAGS
Stock market today: Both benchmark indices fell as much as 2%, leading to massive losses for investors. At 12:57 pm, the S&P BSE Sensex was down 1,303.19 points at 78,420.93, while the NSE Nifty50 tanked 437.15 points to trade at 23,867.20.
Market crash: The bloodbath on Dalal Street can be attributed to a combination of factors, including a disappointing Q2 earnings season, heightened caution ahead of the upcoming US presidential elections, and persistent selling by foreign institutional investors (FIIs).
With the US election just a day away, Indian markets prepare for shifts across sectors from tech to oil. What could this high-stakes race mean for investors on Dalal Street?
Reliance Jio IPO: The company is targeting a 2025 listing for Jio, although the retail unit’s IPO is expected to follow later due to internal operational priorities.
The NSE Nifty 50 dropped by 321.20 points to settle at 23,983.15, while the BSE Sensex fell 941.88 points to 78,782.24. Most of the broader market indices also declined sharply during the session.
Robust domestic transaction pushed Goods and Services Tax (GST) collection in October to over Rs 1.87 lakh crore, the second highest ever, registering a year-on-year growth of 9 per cent. The GST from domestic transactions grew 10.6 per cent to Rs 1.42 lakh crore, while revenues from tax on imports rose about 4 per cent to Rs 45,096 crore.
At $94.93 billion, reports 6% growth.
US has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia’s military-industrial base.
The festival season brought cheers to passenger vehicle makers having a wide range of SUVs and MPVs in their portfolio, as they experienced strong sales momentum in the category. This is evident from auto wholesales or dispatches to dealerships from the factory floor in October.
India Business News: ICAI's stance in a disciplinary case appears conflicting with its recently released Standard on Quality Management (SQM) for audit firms. ICAI claims
India Business News: The NSE introduces its new mobile app, NSEIndia, and expands its website language support to eleven regional languages, aiding wider investor particip
India Business News: From November 1, 2024, Indian Railways is implementing a new 60-day Advance Reservation Period for train ticket bookings, down from the previous 120 d
The race for better generative AI is also a race for more computing power. On that score, according to CEO Mark Zuckerberg, Meta appears to be winning.
Physical Intelligence, a well-funded startup chasing breakthroughs in robotic intelligence, has developed a robot capable of doing various household chores remarkably well.
Or so says a controversial Stanford researcher, who finds that the latest systems have, against all odds, mastered a high-level cognitive skill.
In 2020, LinkedIn founder, tech investor, and Harris megadonor Reid Hoffman made a custom Monopoly board to celebrate Airbnb’s IPO. Instead of jail, it sent players to “Government Regulation.”
An SEO agency owner says he is “very depressed” after one of his AI-assisted Halloween parade listings misled revelers in Dublin, Ireland.
Fuel costs set to decline in remote areas.
Maruti Suzuki India (MSIL) on Tuesday reported a 17 per cent drop in its standalone net profit for the September quarter, at Rs 3,069 crore, compared to Rs 3,716.5 crore reported in the same period last year.
Says reasons for slowdown are clear – stagnant wages, high inflation and inequality.
Sun Pharma, ICICI Bank, Axis Bank, Bajaj Finserv, Kotak Mahindra Bank, State Bank of India, HCL Technologies and Bharti Airtel among laggards.