Business

K\'taka Keen To Operate And Maintain New Airports: Minister M.b. Patil

Bengaluru, June 17 : The government is mulling bringing the responsibility of operation and maintenance of new airports under the ambit of the Karnataka State Industrial and Infrastructure Development Corporation...

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Ex-isro Official Promoted Sisir Radar Test Flew Drone Fitted With \'rabbit Sar\'

By Venkatachari JagannathanChennai, June 17 : Space sector startup, Sisir Radar Private Ltd has successfully tested its Synthetic Aperture Radar (SAR) fitted on a drone, said a senior company official....

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Neuralink Likely To Begin First Human Trial Later This Year: Elon Musk

San Francisco, June 17 : Tesla and SpaceX CEO Elon Musk has said that his brain-computer interface company Neuralink is likely to begin the first human trial this year. Addressing...

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Fm Calls For Strengthening Gst Registration Process Using Technology

New Delhi, June 16 : Finance Minister Nirmala Sitharaman said on Friday that the Goods and Services Tax (GST) registration process may be further strengthened by using technology to curb...

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Cbic Looking To Reduce Average Consignment Release Time To One Hour By 2047

New Delhi, June 16 : The Central Board for Indirect Taxes and Customs (CBIC) is looking at reducing average release time for consignments to one hour by 2047, while focusing...

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Finance Ministry Officials Meet Moody\'s Executives, Apprise Them Of Economic Measures (lead)

New Delhi, June 16 : Senior Finance Ministry officials on Friday met rating agency Moody’s executives and are said to have apprised them about various economic measures and efforts made...

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Nutraceuticals Products Market In India To Touch $18 Million In 2025

Kochi, June 16 : The demand for nutraceutical products has increased in recent years, resulting in a remarkable compound annual growth of 20 percent over the past three years, experts...

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Indian Stock Markets Reach Close To 52 Week High Levels

Chennai, June 16 : With falling inflation, and healthy economic numbers, the two Indian stock markets opened and closed at a higher note on Friday and are near their 52...

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Impact Of Great Workplace Experiences Reflected In The List Of Top 100 India\'s Best Companies To Work For

New Delhi, June 16 : The Global Authority on Workplace Culture, Great Place To Work, recently unveiled list of India’s ‘Top 100 Companies To Work For’ highlighting the impact of...

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Domestic Airlines Witness 36.10% Increase In Passenger Count

New Delhi, June 16 : The passenger count in domestic airlines from January-May 2023 reached an impressive milestone of 636.07 lakh, reflecting a significant annual growth rate of 36.10 per...

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India, China Bought 80% Of Russian Crude In May: Iea

New Delhi, June 16 : The International Energy Agency (IEA) said on Friday that India and China, which are the two major consumers of discounted Russian crude, have bought 80...

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Government Forms Expert Panel To Reform Arbitration Law

New Delhi, June 16 : The Ministry of Law and Justice has set up a 16-member expert committee headed by former Secretary, Department of Legal Affairs, T.K.Vishwanathan, for examining the...

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Finance Ministry Officials Meet Moody\'s Executives, Seek Upgraded Rating

New Delhi, June 16 : Senior Finance Ministry officials on Friday met the executives of rating agency Moody’s seeking an upgraded rating on the back of a positive economic outlook...

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Shripad Naik Reviews G20 Tourism Meet Preparations In Goa

Panaji, June 16 : Union Minister of State for Tourism Shripad Naik on Friday reviewed the preparations for the fourth G20 Tourism Working Group meeting in Goa, an official said....

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Up To Bring Investor Friendly Pharma Policy

Lucknow, June 16 : The Uttar Pradesh government is bringing about some major changes in the existing pharma policy to make it simpler and attractive for those companies that had...

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Gst Council May Mull Steps To Prevent Fake Generation Of Itc In Next Meeting: Official

New Delhi, June 16 : The GST Council in its meeting next month, is likely to discuss measures to ensure strict provisions for preventing fake generation of Input Tax Credit...

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Rolls-royce Unveils Its 1st All Electric Car At $486k

Seoul, June 16 : Rolls-Royce Motor Cars on Friday unveiled the brand’s first all-electric model, named Spectre, in South Korea as it sees further room to grow in Asia’s fourth-biggest...

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Mercedes-benz Adds Chatgpt To Voice Control Of Its Vehicles

San Francisco, June 16 : Luxury car maker Mercedes-Benz has expanded the use of artificial intelligence (AI) and added OpenAI’s ChatGPT into the voice control of its vehicles as the...

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\'hey Disney!\' Voice Assistant Now Available For Echo Devices In Us

San Francisco, June 16 : Amazon and Disney have announced that the new voice assistant ‘Hey Disney!’ is now officially available for Echo devices in the US. The new voice...

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Hydrogen Momentum Continues To Accelerate Globally But Investment Decisions Lagging

New Delhi, June 16 : Hydrogen momentum continues to accelerate globally but investment decisions are lagging, according to a report by the Hydrogen Council and Mckinsey. The project funnel is...

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Pm Urges G20 Agri Ministers To Focus On Collective Action To Achieve Food Security

New Delhi, June 16 : Prime Minister Narendra Modi on Friday urged Agriculture Ministers from the G20 nations to deliberate on how to undertake collective action to achieve global food...

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Oracle Lays Off Hundreds Of Employees In Its Cerner Health Unit

San Francisco, June 16 : Cloud major Oracle has laid off hundreds of employees and rescinded job offers in its $28 billion Cerner health unit, the media reported on Friday....

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Kerala Govt Likely To Seek Sc Intervention As Centre Slashes Borrowing Limit

Thiruvananthapuram, June 16 : The Kerala government is likely to move the Supreme Court against the Centre’s decision of slashing the state’s borrowing limit from three per cent to two...

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India-africa Bilateral Trade Grew 9.26% In 2022-23: Piyush Goyal

New Delhi, June 15 : Bilateral trade of India with Africa grew by 9.26 per cent in 2022-23, reaching almost $100 billion, Commerce Minister Piyush Goyal said while addressing the...

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Delhi Hc Quashes \'deficient\' Show Cause, Restores Gst Registration For Firm

New Delhi, June 15 : The Delhi High Court has quashed a Show Cause Notice (SCN) due to its lack of justification and reinstated the suspended Goods and Services Tax...

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Move To Stop Rice, Wheat Sale Under Open Market Scheme Not Taken Suddenly, Says Centre To Congress\' Allegation

New Delhi, June 15 : With the opposition Congress hitting out at the Centre for discontinuing the sale of rice and wheat from central pool under the Open Market Sale...

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Kerala: Juvenile Fishing Of Threadfin Breams Caused Rs 178 Cr Loss

Kochi, June 15 : Juvenile fishing practice continues to be a major challenge in Kerala’s marine fisheries sector, and juvenile fishing of threadfin breams has caused a loss of Rs...

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Coal Stock Reaches 110.58 Million Tonnes, Records 44% Yoy Growth

New Delhi, June 15 : The overall coal stock position at mines, thermal power plants and transit as on June 13 reached 110.58 million tonnes, indicating an increase of 44.22...

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India\'s Export, Import Fell In May, Trade Deficit Rises To 5-month High

New Delhi, June 15 : India’s exports fell 10.3 per cent year-on-year basis to $34.98 billion in May this year, according to commerce ministry data released on Thursday. Imports also...

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Homegrown Boat Logs Rs 4,000 Cr In Net Sales In Fy23

New Delhi, June 15 : Leading audio and wearables brand boAt on Thursday said it registered Rs 4,000 crore in net sales in FY23. In FY23, around 15 million products...

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\'frivolous\': Karnataka Hc Quashes Complaint Against Samsung India

Bengaluru, June 15 : The Karnataka High Court on Thursday quashed a criminal complaint lodged against South Korean MNC Samsung company by the state Legal Metrology Department on packaging rules,...

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Govt Slashes Import Duty On Soyabean, Sunflower Oils

New Delhi, June 15 : Consumers would now have to pay less for edible oils as the government has reduced basic import duty on refined soyabean oil and refined sunflower...

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Pm Gatishakti Should Be Leveraged To Benefit Sectors Beyond Infrastructure: Piyush Goyal

New Delhi, June 15 : Commerce Minister Piyush Goyal said that PM GatiShakti must be effectively leveraged using the area development approach to extend benefits to the nation beyond the...

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Videotex Aims To Reach Rs 500 Cr In Revenue By March 2024

New Delhi, June 15 : Consumer electronics contract manufacturer Videotex on Thursday said it aims to achieve Rs 500 crore in revenue by the end of ongoing fiscal year. Videotex,...

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Sitharaman Meets Ifad Chief, Discusses Emerging Global Challenges

New Delhi, June 15 : Finance Minister Nirmala Sitharaman on Thursday met International Fund for Agricultural Development (IFAD) president Alvaro Lario and discussed issues of mutual interests besides some emerging...

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Audio Tech Firm Sonos Lays Off 7% Of Workforce

San Francisco, June 15 : US-based high-tech speaker and audio technology company Sonos has announced to cut seven per cent of its workforce or roughly 130 employees, amid challenging economic...

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Myntra\'s Eors-18 Concludes With Record 50% New Customer Growth Over Previous June Edition

New Delhi, June 15 : The 18th edition of Myntras biannual fashion carnival, the End of Reason Sale (EORS), which was held between June 1-11, witnessed yet another successful edition...

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Qualcomm Unveils New Suite Of Video Collaboration Solutions

San Francisco, June 15 : Qualcomm Technologies has unveiled the ‘Video Collaboration Platform’, a new suite of video collaboration solutions that allows original equipment manufacturers (OEMs) to easily design and...

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Automotive Digital Marketplace Truecar Lays Off 24% Of Workforce

San Francisco, June 15 : US-based automotive digital marketplace TrueCar has announced the laying off of nearly 24 per cent of its workforce, or about 102 employees, amid restructuring. Michael...

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It Ministry, Google Join Hands To Boost Online Cyber Safety

New Delhi, June 15 : The IT Ministry and Google on Thursday announced further collaboration to drive citizen awareness on online cyber safety in the country. The tech giant will...

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Many Twitter Workers Had Their Car Windows Smashed: Musk

San Francisco, June 15 : Twitter-owner Elon Musk on Thursday said that many Twitter workers feel insecure coming to work in downtown San Francisco and have had their car windows...

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Paytm Upi Sdk Brings India\'s Fastest Upi Payments For Merchant Apps

New Delhi, June 15 : One97 Communications Limited (OCL) that owns leading payments and financial services company Paytm, on Thursday brought Paytm UPI software development kit (SDK) for its merchants,...

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Judge Orders Cops To Evict Twitter From Us Office Over Unpaid Rent

San Francisco, June 15 : A court in the US has ordered Elon Musk-run Twitter to leave its office building over unpaid rent. According to a report in Denver Business...

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Us Fed Pauses Interest Rate Hikes After 10 Consecutive Increases

By Yashwant RajWashington, June 15 : The US Federal Reserve has left the interest rate unchanged for the first time after March 2022, ending a stream of 10 consecutive hikes...

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Centre Discontinues Rice, Wheat Sale Under Open Market Scheme To Curb Price Rise

New Delhi, June 14 : The Centre has decided to discontinue the sale of rice and wheat from the central pool under the Open Market Sale Scheme (OMSS) to state...

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Hollywood Producer, Wrigley Chewing Gum Heir Explore Takeover Of Assets Of Nso That Made Pegasus Spyware

Washington, June 14 : An unlikely cast of characters, including a Hollywood producer and the heir to the Wrigley chewing gum fortune, are exploring a possible bid to take control...

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Gmr Airport To Contribute 10% For Hyderabad Airport Metro

Hyderabad, June 14 : Hyderabad Metropolitan Development Authority (HMDA) and GMR Hyderabad International Airport Ltd will contribute 10 per cent each for Rs 6,250 crore Hyderabad Airport Metro Project. Hyderabad...

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Deccan Chronicle Holdings Ltd Promoters, Ex-directors Arrested In Bank Fraud Case

New Delhi, June 14 : The Enforcement Directorate (ED) announced on Wednesday that they have arrested Deccan Chronicle Holdings Ltd’s (DCHL) promoters and ex-directors T.Venkattram Reddy, and P.K.Iyer, and statutory...

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Peak Xv To Further Empower Indian Startups: Sequoia\'s Roelof Botha (lead)

New Delhi, June 14 : Sequoia Capital India and Southeast Asia (SEA), now known as Peak XV Partners, will now operate as an independent firm that will provide more flexibility...

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India Aims To Launch \'global Biofuel Alliance\' During G20 Energy Ministerial Meeting Next Month

New Delhi, June 14 : Minister of Petroleum and Natural Gas Hardeep Puri on Wednesday said that to resolve the common concerns of upcoming economies, India is proposing to launch...

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Peak Xv To Further Boost Indian Startup Ecosystem: Sequoia\'s Roelof Botha

New Delhi, June 14 : Sequoia Capital India and Southeast Asia (SEA), now known as Peak XV Partners, will now operate as an independent firm that will provide more flexibility...

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Vodafone, Ck Hutchison Approve Uk Mobile Business Merger

London, June 14 : Vodafone and CK Hutchison on Wednesday entered into binding agreements to merge Vodafone UK and 3 UK, with the former holding a 51 per cent stake...

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Seafood Exports Touch All-time High Of 17,35,286 Million Tonnes In 2022-23

New Delhi, June 14 : India achieved an all-time high in exports of seafood, both in terms of volume and value (both dollar and rupee), by shipping 17,35,286 million tonnes...

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Edtech Firm Chegg To Cut 4% Of Staff As Ai Risks Business

San Francisco, June 14 : US-based online learning platform Chegg has revealed its plans to cut about 4 per cent of its workforce, just weeks after its CEO admitted that...

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Growth In Global Oil Demand To Slow Significantly

London, June 14 : Growth in global oil demand is set to slow significantly by 2028, with a peak in demand in sight before the end of the decade, local...

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Centre Directs States To Take Action Against Hoarders Of Tur & Urad

New Delhi, June 14 : The Central government has directed the states to take strict action against hoarders of pulses, mainly Tur and Urad, whose poor supply and rising price...

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Haryana Tops In Inflation, Unemployment & Crime: Hooda

Chandigarh, June 14 : Former Haryana Chief Minister Bhupinder Hooda on Wednesday said that the state has once again topped in inflation, unemployment, corruption and crime. He said the figures...

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Redbus In Collaboration With Makemytrip\'s Foundation Conducts Free Diabetes Tests, Eye Screening For 4,000 Bus Drivers Across India As Part Of \'mission Vision\'

New Delhi, June 14 : redBus, Indias largest online bus ticketing platform, has screened 4,000 bus drivers across India, for vision and other health issues associated with the onset of...

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Apple Taps 7 Chinese Firms To Strengthen Vision Pro Mr Headset Supply Chain

Hong Kong, June 14 : Apple has tapped Chinese electronics contract manufacturer Luxshare Precision Industry Co as the key assembler, along with six other Mainland China firms, for its $3,499...

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Toyota Plans Ev With 1,200-km Range That Fully Charges In 10 Mins

New Delhi, June 14 : Japanese automotive giant Toyota is planning an EV (electric vehicle) powered by a solid-state battery that would have a range of nearly 1,200 km (750...

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Samsung May Soon Unveil New Sensor For Ar/vr Headsets

San Francisco, June 14 : Tech giant Samsung is reportedly planning to unveil a new time-of-flight (ToF) sensor for AR/VR (mixed reality) headsets which will feature an on-chip Image Signal...

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Renault India To Roll Out Three New Models Including A Ev

Chennai, June 14 : Car maker Renault India will enter the bigger vehicle segment rolling out two models as well as an electric vehicle (EV) in a couple of years...

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Power Minister R K Singh Urges Isa To Take Up More Solar Energy Projects In Africa

New Delhi, June 14 : Minister for Power and New and Renewable Energy R K Singh has urged the International Solar Alliance (ISA) to take up more solar energy projects...

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Madhav Sheth Bids Goodbye To Global Tech Brand Realme

New Delhi, June 14 : Madhav Sheth, VP for Business and Corporate Strategy (Global) at realme, on Wednesday bid goodbye to the leading technology brand after five years to start...

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Zoho Logs Over 65% Cagr Upmarket Growth In India

New Delhi, June 14 : Global SaaS technology company Zoho on Wednesday said it has achieved over 65 per cent compound annual growth rate (CAGR) in annual recurring revenue (ARR)...

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Tata Steel Steam Leak: Two In Intensive Care, 16 Remain Hospitalised In Odisha

Bhubaneswar, June 14 : Two persons, who sustained critical burn injuries in the steam pipe burst at Tata Steel’s Meramandali plant in Odisha’s Dhenkanal district, are under intensive care. “Of...

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India\'s Smart Home Security Camera Shipments Grew 48% In Q1 2023: Report

New Delhi, June 14 : India’s smart home security camera shipments grew 48 per cent year-over-year (YoY) in the first quarter (Q1) of this year– January to March, a report...

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Auto, Consumer Durables & Realty Sectors Lead Stock Market Gains In May

New Delhi, June 14 : The Nifty Next 50 continued its three-month winning streak and gained 6.42 per cent in May to clock an overall gain of 12.88 per cent...

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Rbi Rejects Akash Suri\'s Appointment As Ceo Of Jc Flowers Yes Bank Arc

Mumbai, June 14 : In a major setback to Yes Bank, sources close to developments have revealed that the Reserve Bank of India (RBI) has rejected the appointment of Akash...

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Zscaler Introduces New Cyber Solutions To Leverage Generative Ai

Las Vegas, June 14 : Cloud security company Zscaler on Wednesday announced a set of advanced security solutions designed for IT and security teams to leverage the full potential of...

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Phonepe Payment Gateway Helps Small, Medium Businesses Save Upto Rs 8 Lakhs

New Delhi, June 14 : Leading fintech company PhonePe on Wednesday announced that its Payment Gateway enables small and medium businesses to save up to Rs 8,00,000. While most payment...

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Everest Fleet Raises $20 Mn Led By Uber, To Boost Ride Sharing Market

New Delhi, June 14 : Fleet management company Everest Fleet on Wednesday said it has closed a $20 million funding round led by Uber. Mumbai-headquartered Everest fleet operates in the...

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India Seen As Major Beneficiary As Supply Chains Migrate From China

New Delhi, June 14 : More global companies are taking supply chain diversification seriously.Companies are increasingly highlighting the benefits of ‘friend-shoring’ their supply chains in order to better insulate from...

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Endefo To Invest Rs 200 Cr In India, Eyes 10% Wearable Market Share

New Delhi, June 14 : Consumer electronics brand Endefo on Wednesday said it plans to invest Rs 200 crore in the Indian wearable market by the end of 2024, with...

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Settle With Binance Over Asset Freeze, Judge Urges Us Sec

New York, June 14 : A US judge has urged the Securities and Exchange Commission (SEC) to reach a settlement with crypto exchange Binance to let it continue operating in...

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Modi Visit To Elevate Focus On Tech Partnership, Says Top Us Commerce Official

By Yashwant RajWashington, June 13 : US Secretary of Commerce Gina Raimondo on Tuesday said the upcoming state visit of Prime Minister Narendra Modi will give the two countries an...

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Curb Malpractices Like \'dark Pattern\' During Online Shopping, E-commerce Entities Told

New Delhi, June 13 : Aiming to curb malpractices in online shopping like “dark pattern”, the government on Tuesday held deliberations with leading e-commerce entities like Amazon and Flipkart among...

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\'no Tearing Hurry\': Sat Stays Irdai\'s Order Against Sahara India Life

Chennai, June 13 : The Securities Appellate Tribunal (SAT) on Wednesday said there was “no tearing hurry” for the Insurance Regulatory and Development Authority of India (IRDAI) to order the...

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Day After Imposing Stock Limit On Wheat, Centre Tells States To Obtain Disclosures From Traders

New Delhi, June 13 : A day after the government imposed stock limit on wheat till March 31, 2024 to bring down its prices and prevent hoarding, Secretary, Food and...

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E-commerce Entities Told To Curb Malpractices Like \'dark Pattern\' During Online Shopping

New Delhi, June 13 : Aiming to curb malpractices in online shopping like “dark pattern”, the government on Tuesday held deliberations with leading e-commerce entities like Amazon and Flipkart among...

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India Will Be Among Fastest Growing Economies In 2023: Rbi Governor

New Delhi, June 13 : Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday expressed confidence that India will be among fastest growing economies in the world in 2023...

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Air India Suspends Two Pilots For Allowing Unauthorised Woman Into Cockpit

New Delhi, June 13 : Following a recent breach of cockpit norms, Air India has taken disciplinary action against two pilots who permitted an unauthorised woman to enter the cockpit...

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China Makes Surprise Rate Cut To Shore Up Sputtering Growth

Hong Kong, June 13 : China’s central bank on Tuesday made a surprise cut to one of its key lending rates in a bid to shore up sputtering growth in...

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Blinken Talks Of \'reducing Strategic Dependencies\' Ahead Of Modi Visit (lead)

By Yashwant RajWashington, June 13 : US Secretary of State Antony Blinken on Monday preambled Prime Minister Narendra Modi’s upcoming “historic” state visit saying central to emerging cooperation in critical...

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Rjio Has Edge Over Airtel In Deploying Fwa 5g Tech To Enter Homes: Report

New Delhi, June 13 : Leading telecom players are likely to use fixed wireless access (FWA) technology to enter Indian homes first and thereafter upgrade to fibre once it is...

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Itel S23, India\'s 1st Smartphone With 16gb Ram At Rs 8,799, To Go On Sale From June 14, Exclusively On Amazon

New Delhi, June 13 : itel Mobile India on Tuesday announced that its premium flagship smartphone ‘itel S23’ with 16 GB RAM will go on sale from June 14, exclusively...

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Regulator Rejects Broadcom\'s $15.5 Mn Proposal To Correct Unfair Practices

Seoul, June 13 : South Korea’s antitrust regulator said on Tuesday it has decided to reject US chipmaker Broadcom Inc.’s proposal to voluntarily correct its unfair business practices with 20...

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Samsung, Sk Hynix On Lookout For Further Developments In Us Chip Export Policy

Seoul, June 13 : South Korea’s chip industry is keeping close tabs on the status of exemptions from Washington’s export control measures designed to limit China’s access to advanced chip...

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\'women-friendly Tourism\' App To Create 10,000 Women Ventures, 30k Tourism Jobs In Kerala

Thiruvananthapuram, June 13 : Kerala Tourism is all set come out with a mobile app to further strengthen the country’s first ‘Women-Friendly Tourism’ initiative launched by the state government to...

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Food Ordering Firm Grubhub To Lay Off 15% Of Staff

San Francisco, June 13 : US-based online food ordering company Grubhub has announced to lay off about 15 per cent of its workforce, or nearly 400 employees, to maintain “competitiveness”...

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India Shows Strong Hiring Outlook In Q3 Despite Global Layoffs: Report

New Delhi, June 13 : India is among the Asia-Pacific countries that show the strongest outlook towards increasing headcount and a positive hiring scenario in the third quarter this year,...

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Indigo Plane Grounded After Tail Strike Incident At Delhi Airport

New Delhi, June 13 : The Directorate General of Civil Aviation (DGCA) on Tuesday said that an IndiGo aircraft has been grounded following a tail strike incident at the Indira...

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Reliance Industries Tops India Inc In Forbes Global 2000 List For 2023

New Delhi, June 13 : Reliance Industries Limited, the country’s largest corporate by revenues, profits and market value, continued to top Indian corporates in the 2023 edition of The Global...

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Zee Entertainment Board Of Directors Reviewing Sebi Order On Subhash Chandra, Punit Goenka

New Delhi, June 13 : Following the SEBI order banning Subhash Chandra and Punit Goenka from holding position of a director or key management personnel in a listed, the board...

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Pfizer And Gsk To Battle For Share Of New Rsv Vaccine Market: Report

New Delhi, June 13 : US drugmaker Pfizers and British pharma major GSK are likely to face significant competition in the respiratory syncytial virus (RSV) vaccine market, according to a...

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Oracle Founder Larry Ellison Now World\'s 4th Richest Person

New York, June 13 : Oracle founder Larry Ellison is reaping the benefits of artificial intelligence popularity, edging past Microsoft founder Bill Gates to land the number four spot on...

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Salesforce To Invest $500 Mn In Generative Ai Startups, Unveils Ai Cloud

San Francisco, June 13 : Enterprise software major salesforce has committed $500 million to invest in generative artificial intelligence (AI) startups. The investment, an expansion from earlier $250 million to...

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Sebi Bans Subhash Chandra, Punit Goenka From Holding Position Of Director Or Key Personnel Till Further Orders

New Delhi, June 12 : Markets regulator SEBI has banned Essel Groups Subhash Chandra and Zee Entertainment CEO Punit Goenka from holding position of a director or a key managerial...

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Punjab Aims To Achieve Growth Rate Of 7.5% By 2030: Minister

Chandigarh, June 12 : Punjab Finance Minister Harpal Singh Cheema on Monday said the government has been drafting a vision document to achieve a rate of growth of the economy...

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Stalin Opposes Hindi Circular By New India Assurance

Chennai, June 12 : Tamil Nadu Chief Minister M.K.Stalin has come out strongly against the insurance firm New India Assurance for issuing a circular in Hindi, stating “this was a...

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Government Imposes Stock Limit On Wheat

New Delhi, June 12 : The government on Monday imposed stock limits on wheat till March 31, 2024 in order to ensure its adequate supply and prevent hoarding. The move...

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Industrial Production For April Rises 4.2%

New Delhi, June 12 : India’s index of industrial production (IIP) rose by 4.2 per cent in April, significantly higher than that for March, when it had touched a five-month...

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Nasdaq To Acquire Financial Services Software Company Adenza For $10.5 Bn

New York, June 12 : Nasdaq on Monday said it has acquired Adenza, a company that develops risk-management and related regulatory software for the financial services market, for $10.5 billion....

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Goldman Sachs Cuts Forecast For Oil Prices By Nearly 10%

London, June 12 : Goldman Sachs has slashed its forecast for oil prices by nearly 10 per cent, citing weak demand in China and a glut of supply from the...

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\'no Two-wheeler Taxis In Delhi For Now\': Sc Stays Delhi Hc Order (lead)

New Delhi, June 12 : The Supreme Court on Monday stayed the Delhi High Court order, which allowed the two-wheeler taxi aggregators to operate till finalisation of a policy by...

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Mumbai Airport\'s 2nd Runway Gets A New \'carpet\' For Safety, Efficiency

Mumbai, June 12 : The Chhatrapati Shivaji Maharaj International Airport here has completed the six-month long ‘re-carpeting’ project of its secondary runway 14/32, enhancing the operational efficiency and maintaining higher...

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Retail Inflation Falls To 25-month Low In May As Food Prices Slide (lead)

New Delhi, June 12 : India’s retail inflation, which is measured by consumer price index (CPI), fell to a 25-month-low in May, to 4.25 per cent, as food prices came...

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Retail Inflation Falls To 4.25% In May As Food Prices Slide

New Delhi, June 12 : India’s retail inflation, which is measured by consumer price index (CPI), fell to 4.25 per cent in May as food prices came down. In April,...

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Amid Peaking Demand, Coal-based Power Plants Told To Run At Full Capacity Till Sep 30

New Delhi, June 12 : Amid rising demand for power owing to heat waves pervading several parts of north India, he Centre has asked all coal-based plants to run at...

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Slowdown Continues For India Inc As Big-ticket Deals Disappear

New Delhi, June 12 : India Inc recorded 106 deals valuing $4.6 billion last month — a 45 per cent decline in deal volumes and a steep 87 per cent...

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Dgca Streamlines Approval Process For Indian Airlines To New Int\'l Destinations

New Delhi, June 12 : In a move aimed at facilitating the expansion of Indian airlines’ international operations, the Directorate General of Civil Aviation (DGCA) has announced the streamlining of...

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Asia Leads As Nanometer Chips Redefine Semiconductor Industry

New Delhi, June 12 : Nanometer chips, particularly those under 10nm, are revolutionising the semiconductor industry and as the semiconductor landscape continues to evolve, there is a shift in the...

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India, Uae To Raise Non-petroleum Trade To $100 Bn By 2030, Agree To Conduct Trade In Local Currency

New Delhi, June 12 : India and the United Arab Emirates (UAE) on Monday agreed to raise bilateral trade sans petroleum products, to $100 billion by 2030. This was informed...

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Global Cellular Iot Connections To Surpass 6 Bn By 2030: Report

New Delhi, June 12 : Global cellular Internet of Things (IoT) connections increased significantly at 29 per cent year over year (YoY), reaching 2.7 billion last year.By 2030, they are...

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Mixed Reality Searches On Google Surge 1,130% After Apple Unveils Vision Pro

New Delhi, June 12 : The online searches for Mixed Reality (MR) skyrocketed 1,130 per cent globally on Google after Apple unveiled its MR headset Vision Pro last week, a...

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Hyundai To Utilise $5.9 Bn In Overseas Operations\' Money For Ev Investments

Seoul, June 12 : Hyundai Motor Group said on Monday it will utilise 7.8 trillion won ($5.9 billion) worth of reservation money held by its overseas operations to push forward...

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Ex-samsung Executive Indicted For Stealing Trade Secrets To Build Chip Plant In China

Seoul, June 12 : A former senior executive of Samsung Electronics has been arrested and indicted for stealing the chip giant’s trade secrets to build a copycat chip plant in...

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India\'s Domestic Air Passenger Traffic Up By 2.3% In May Compared To April

Chennai, June 12 : The Indian airline sector is having a smooth flight in terms of increasing passenger traffic this fiscal as per ICRA study. According to the credit rating...

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Global Manufacturing Sputters With Ongoing Shift Toward Services Spending

Washington, June 12 : Manufacturers around the world are contending with weakening demand as the economic outlook for the industry darkens, the media reported. Factories in the US and across...

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Centre Releases Tax Devolution Instalment Of Rs 1,18,280 Cr To States

New Delhi, June 12 : The Centre on Monday released the third instalment of tax devolution to states amounting to Rs 1,18,280 crore, as against normal monthly devolution of Rs...

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Gizmore Launches New Smartwatch With Ultra Hd Curve Display At Rs 1,299

New Delhi, June 12 : Homegrown smart accessories brand Gizmore has launched its latest ‘Made in India’ smartwatch CURVE, featuring a 1.39 inch (3.54 cm) Ultra HD Always ON curve...

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After Giving Safe Passage To Fugitives, Centre Preparing To Give Safe Settlement: Cong

New Delhi, June 12 : Days after the Reserve Bank of India (RBI) announced a framework for compromise settlements and technical write-offs among lenders, Congress leader Randeep Singh Surjewala on...

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Pepper Group To Invest $150 Mn To Establish A Fintech In India

New Delhi, June 12 : Global consumer finance company Pepper Group on Monday said it will invest $150 million over the next four years to establish a fintech in India....

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India A Case Study For Nations To Create Digital Public Infrastructure: Mos It

New Delhi, June 12 : India which has created a significant and robust innovation ecosystem, like the unified payments interface (UPI) and Aadhaar to benefit millions of its people, will...

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Spending On Regulatory Tech To Reach $207 Bn Globally By 2028

New Delhi, June 12 : Global spending on regtech (regulatory technology) by financial institutions and other industries will increase by 124 per cent to reach $207 billion by 2028 from...

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Gold Price Rallying On Hopes Of A Pause By Us Fed

New Delhi, June 12 : Gold prices have seen support due to the current economic data in the US, Emkay Wealth Management said in a report. The latest data set...

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Irdai Licences Go Digit Life Insurance To Commence Business

Chennai, June 12 : Indian insurance regulator has granted certificate of registration to Go Digit Life Insurance Limited to commence life insurance business in the country. With this the total...

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Jgu Introduces 1-year Online Mba To Build Business-ready Generation In India

Sonipat, June 12 : With a mission to empower working professionals and make them business-ready, Jindal Global Business School (JGBS), under O.P.Jindal Global University (JGU), has introduced an one-year online...

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George Soros Hands Over Reins Of $25bn Empire To Son

Washington, June 12 : US billionaire philanthropist George Soros has handed over the reins of his $25 billion financial and charitable empire to his son Alex, saying the latter had...

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Up To Emerge As Biggest Ethanol Producer

Lucknow, June 12 : Uttar Pradesh is all set to emerge as the biggest ethanol producer in the country with around 100 operational distilleries in the ongoing 2023-24 fiscal year....

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Revised K\'taka Power Tariff From June Bills; Forced To Implement Hike, Says Bescom Md

Bengaluru, June 11 : The Karnataka Electricity Regulatory Commission (KERC) revised the power tariff on May 12, raising it to an average 70 paise per unit for all household connections...

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Banks Raise Multiple Queries On Cfm Arc\'s Bid For Vipl

Mumbai, June 11 : The lenders of Vidarbha Industries Power Ltd.(VIPL), a subsidiary of Reliance Power, have raised multiple queries on CFM Asset Reconstruction Pvt Ltd ‘s bid. The banks...

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Short-video Making App Tiki To Cease Operations In India From June 27

New Delhi, June 11 : Short-video making app Tiki has announced it would cease operations in India from June 27, and users will no longer be able to watch or...

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Haryana To Set Up Horticulture Market With Outlay Of Rs 2,600cr

Chandigarh, June 11 : Haryana Chief Minister Manohar Lal Khattar on Sunday inaugurated the construction of the India International Horticulture Market to be set up with an outlay of Rs...

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Whatsapp Rolling Out Redesigned Emoji Keyboard On Android Beta

San Francisco, June 11 : Meta-owned messaging platform WhatsApp is rolling out a redesigned emoji keyboard to some beta testers on Android. With this redesigned emoji keyboard, users can scroll...

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Unless Tn Widens Revenue Base, State Could Slip Into Debt Trap: Experts

By Venkatachari JagannathanChennai, June 11 : Tamil Nadu will fall into a debt trap if the government continues to borrow to pay the old debt without focusing on infrastructure development,...

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Bse Listed Company Milestone Furniture Announces Sudden Disappearance Of Ca

New Delhi, June 11 : In a curious development, a BSE listed company announced the sudden disappearance of its chartered accountant which is leading to delay in finalisation of financial...

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New Highs Wait Seems Getting Longer

By Arun KejriwalMarkets in the week gone by made a valiant attempt to make new lifetime highs but failed.The top five-six heavyweight stocks in the benchmark indices need to fire...

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Here\'s Why Raj Is Doing Better Than Other States, Despite Gehlot\'s Freebies

By Archana SharmaJaipur, June 11 : Rajasthan these days has been hitting the headlines for its social welfare and people-friendly schemes launched by the Ashok Gehlot government. While the opposition...

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Twitter Refuses To Pay Google Cloud Bill, Trust And Safety Services At Risk

San Francisco, June 11 : Elon Musk-run Twitter has reportedly refused to pay Google Cloud bills as its contract comes up for renewal this month. According to a report in...

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Reeling Under Rs 24k Debt, Goa Fails To Disburse Financial Aid To Beneficiaries

By Sanjay BorkarPanaji, June 11 : The ruling BJP government in Goa which is dependent on borrowing loans to carry out developmental works in the coastal state, is reeling under...

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Study Explains Why Women Are Underrepresented In High-paying Jobs

London, June 11 : Women are less willing to take risks than men because they are more sensitive to the pain of any losses they might incur than any gains...

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Infra Push, Not Populism Behind Maha\'s Rising Rs 7.07 Tn Debt

By Quaid NajmiMumbai, June 11 : Months after the ruling Shiv Sena-Bharatiya Janata Party regime presented its maiden budget (2023-2024), Maharashtras financial health continues to cause concern, though it’s not...

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Baghel Honours Cong\'s Poll Promises, Pushes Up Chhatisgarh State Debt By Rs 54k Cr

By Sundeep PouranikRaipur, June 11 : The debt burden of Chhattisgarh has increased significantly in recent years as the Bhupesh Baghel-led Congress government continue to avail loans in its pursuit...

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As Its Borrowings Balloon, Assam Holds Backs Rs 22k Cr Due To Contractors

By Tanuj DharGuwahati, June 11 : While Assam Chief Minister Himanta Biswa Sarma claims that Assam will surpass the GDP of Punjab within the next three years, the opposition is...

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Odisha Govt Confident Public Debt To Stay Within Limit Of 25% Of Gsdp

Bhubaneswar, June 11 : The debt level of Odisha is now within the stipulated limit and it is expected to increase by 4 per cent by the end of financial...

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Bihar\'s Expanding Gdp Can Sustain Populist Schemes, Say Ruling Alliance Leaders

By Ajay KumarPatna, June 11 : Ahead of the Lok Sabha elections in 2024, everyone is expecting populist schemes by the Central and state governments.It is expected to be highly...

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Telangana\'s Debt Up By 11% In A Year, But It\'s Still Among Bottom 5 Borrowers

By Mohammed ShafeeqHyderabad, June 11 : Telangana’s outstanding public debts are set to touch Rs 3.57 lakh crore in 2023-24, a jump of about 11 per cent over the previous...

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Punjab Hikes Petrol, Diesel Prices

Chandigarh, June 11 : Cash-strapped Punjab government on Sunday increased petrol price by 92 paisa per litre and diesel price by 88 paisa. This is the second time this year...

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As Sec-coinbase Fight Begins, It\'ll Be Grewal Vs Grewal In The Courthouse

By Nishant AroraNew York, June 11 : Indian-origin Paul Singh Grewal, an attorney working as chief legal officer at crypto exchange Coinbase which is in the thick of controversy, feels...

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Sec Actions Against Crypto Exchanges Send Out Clear Message: \'buyers Beware

New Delhi, June 11 : New Delhi, June 9 : Cryptocurrency-related enforcement actions taken by the United States securities regulator significantly increased in the six months since the bankruptcy of...

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Us Securities Watchdog Declares All-out War Against Crypto, Files 130 Lawsuits

By Yashwant RajWashington, June 11 : Two lawsuits filed this week by the US market regulator — the Securities and Exchange Commission (SEC) — could potentially determine the future of...

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Let There Be A Law First, And Then Invest In A Cryptocurrency

By Arun KejriwalCryptocurrency means different things to different people.It is an object of intrigue, speculation, admiration, confusion and most importantly envy.People believe it is the fastest way to become rich...

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What The Top Court Said When It Overturned Rbi Order On \'virtual Currencies\'

By Sumit SaxenaNew Delhi, June 11 : Cryptocurrency markets are taking hits from all sides — from declines in value, lawsuits, and regulatory threats — which is eroding the confidence...

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Rbi Averse To Crypto But Is All Set To Float Cbdc; Finmin Weighs Options

By Animesh SinghNew Delhi, June 11 : The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever since it emerged on the...

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Binance Boss Zhao\'s Story: From Flipping Burgers To Landing In Sec\'s Frying Pan

By Yashwant RajWashington, June 11 : Changpeng Zhao, founder of Binance known by his initials CZ, has no intention to give in. Since the lawsuit filed against him personally and...

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Small Relief: Us Crackdown Has No Effect On Bitcoin, Ethereum Prices

New Delhi, June 11 : The lawsuits against top crypto exchanges Binance and Coinbase by the US Securities and Exchange Commission (SEC) have not been able to severely impact the...

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Zuckerberg Hails Musk For Making Twitter \'a Lot Leaner\' Which Is Good For Industry

New Delhi, June 11 : Meta CEO Mark Zuckerberg has praised Tesla and SpaceX CEO Elon Musk for making Twitter “a lot leaner” which has been “good for the industry”...

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Rbi To Levy Penalties On Banks That Lose Property Papers Of Borrowers

By Animesh SinghNew Delhi, June 11 : Banks may have to compensate borrowers and also pay a penalty if they lose the original property documents of loan seekers. This could...

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Sri Lanka Takes Action To Accelerate Investor Laws As Adani Group Waits

By R.R.M.LilaniThe Adani Group expanded its business activities in Sri Lanka in 2021, venturing into the port and renewable energy sectors. However, it has encountered significant challenges in establishing its...

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Number Of Publicly Held Companies Shrinking In Us

New York, June 10 : A strange trend that has surfaced in the American financial landscape is that the number of publicly held companies is shrinking, a media report said....

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Whatsapp Rolling Out New Interface For Group Settings Screen On Ios

San Francisco, June 10 : Meta-owned WhatsApp is reportedly rolling out a new interface for a group setting screen on iOS. According to WABetaInfo, the group administrators that use the...

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Linkedin Introduces Ai Copy Suggestion Feature For Ad Creatives

San Francisco, June 10 : Professional social networking platform LinkedIn has introduced an AI-generated Copy Suggestions tool that uses generative AI to create high-performing intro text and headlines for ad...

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Studying Market To Adequately Compensate Sunflower Growers: Haryana Cm

Chandigarh, June 10 : Amidst the rift between the Haryana government and farmers over the procurement rate of the sunflower crop, Chief Minister Manohar Lal Khattar on Saturday said his...

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Modi Govt Committed To Strengthen Cooperatives: Amit Shah

New Delhi, June 10 : A day after the Centre announced four important initiatives to strengthen 1,514 Urban Co-operative Banks (UCBs) in the country, Union Home Minister Amit Shah on...

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N-e States In A Unique Position: Narrow Revenue Base, Flush With Central Funds

By Sujit ChakrabortyAgartala/Shillong, June 10 : The 15th Finance Commission (2021-26) headed by N.K.Singh had earlier suggested that the northeastern states accelerate resources and revenue to strengthen their fiscal position....

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In The Season Of Freebie Politics, All Fingers Crossed Over K\'taka\'s Fiscal Health

By M.K.AshokaBengaluru, June 10 : The Karnataka Chamber of Commerce and Industry has given a one-week deadline to the Congress government to roll back the electricity price hike.The chamber has...

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Up\'s Debt Burden To Touch Rs 7.84 Tn In Fy 2023-24, 40% Higher Than Before

Lucknow, June 10 : Even as the Reserve Bank of India (RBI) has claimed that the collective debt of states as a percentage of the GDP is expected to decrease...

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Cag Cautions Gujarat That It Seem Headed For Potential Debt Trap

By Janvi SonaiyaAhmedabad, June 10 : In a recent study titled ‘State Finances: A Study of Budgets of 2022-23’, the Reserve Bank of India (RBI) forecast a decrease in the...

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In Cash-strapped Punjab, Mann Sits Tight On Ops, Focuses On Freebies

By Vishal GulatiChandigarh, June 10 : It has been over seven months that the 14-month-old Aam Aadmi Party (AAP) government led by Chief Minister Bhagwant Mann announced to revive the...

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As Shivraj Counters Anti-incumbency With Freebies, Mp\'s Debt Balloons Out Of Control

By Praveen DwivediBhopal, June 10 : In the run-up to the Assembly elections in Madhya Pradesh due to be held later this year, the ruling BJP government led by Chief...

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Non-plan Spending Up, Revenue Sources Down, Wb\'s Per Capita Debt At All-time High

By Sumanta Ray ChaudhuriKolkata, June 10 : The West Bengal government’s accumulated debt, as per the budget papers of the state government, is slated to rise to Rs 6,47,825.52 crore...

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After Restoring Ops, Debt-ridden Himachal Hits Market For Rs 800 Cr Loan

By Vishal GulatiShimla, June 10 : The hill state of Himachal Pradesh, whose economy largely banks on tourism, horticulture and hydropower, has accumulated a whopping debt of Rs 75,000 crore...

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Los Angeles Times To Reduce 13% Of Staff Amid Advertising Declines

San Francisco, June 10 : US-based Los Angeles Times has announced to lay off about 13 per cent of its newsroom staff, or 74 employees, amid economic pressures brought on...

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Data Management Provider Cohesity Lays Off Employees, Cmo Moves On

San Francisco, June 10 : US-based data management solutions provider Cohesity has reportedly laid off employees, including its chief marketing officer Lynn Lucas, to optimise its workforce. According to a...

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S.korean President, Openai Ceo Discuss Ways To Boost Ai Cooperation

Seoul, June 10 : South Korean President Yoon Suk Yeol met with Sam Altman, CEO of OpenAI, the creator of ChatGPT, to discuss a variety of topics regarding artificial intelligence...

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Indian-origin Vishal Garg\'s Better.com Lays Off Real Estate Team

San Francisco, June 10 : The embattled online mortgage lender Better.com, run by controversial Indian-origin CEO Vishal Garg, has reportedly laid off its real estate team and has shut down...

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Openai Ceo Sam Altman Says Ready To Invest In S.korean Startups

Seoul, June 10 : The head of US artificial intelligence company OpenAI, Sam Altman, said he is ready to invest in promising startups in South Korea, where its global sensation...

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We\'re Making History, Says Twitter Ceo Linda Yaccarino

New Delhi, June 10 : New Twitter CEO Linda Yaccarino on Saturday said that no other platform has the power Twitter has and they are going to make history. Yaccarino,...

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Asmi Jain\'s Work Exemplifies Indian Ios Developers\' Creativity: Tim Cook

New Delhi, June 9 : Apple CEO Tim Cook, who met Indore’s Asmi Jain who was selected among the winners of WWDC23 Swift Student Challenge, has said that the thriving...

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Air India\'s San Francisco-mumbai Flight Cancelled Due To Technical Snag

New Delhi, June 9 : Air India flight AI180 from San Francisco to Mumbai was cancelled on Thursday following a technical issue, said the airline officials. “Air India flight AI180,...

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Duolingo Wins Apple Design Award For Innovation In Design (ld)

New Delhi, June 9 : US-based language learning app Duolingo announced on Friday that it won a Design Award during the 2023 edition of the Apple Design Awards, which honour...

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Spotify Testing New Feature \'your Offline Mix\'

San Francisco, June 9 : Music streaming platform Spotify is officially testing a new feature called — ‘Your Offline Mix’, a playlist designed for users when they might not be...

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Fixed Income View: June 2023 (opinion)

By Pankaj PathakThe optimism of April was brought forward in May as well.The 10-year benchmark government bond yield went on a downward spiral, reaching 6.99 per cent on May 31,...

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Jio Working To Grow Fast Internet, Digital Services To Remote Areas In India

New Delhi, June 9 : As part of ongoing efforts to boost Internet connectivity in India, Reliance Jio is working towards satellite-based broadband services that will further extend high-speed internet...

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\'economy Expected To Grow In Range Of 7.5% In Current Fiscal\'

New Delhi, June 9 : Chief Economic Advisor (CEA) V.Anantha Nageswaran on Friday said the economy is expected to grow in a range of 6.5 per cent to 7.5 per...

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High Quality Mahua Flowers Unlock A New Income Model In Villages Of Mp\'s Betul

By Nandkishor PawarBetul (Madhya Pradesh), June 9 (IANS/ 101 Reporters) Nisha Bele (37), a Korku tribal from Ratamati village in Betul district, distinctly remembers waking up at the crack of...

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Bankers Should Alert Legal Heirs, Nominees To Claim Under Pm Insurance Schemes: Aibea

By Venkatachari JagannathanChennai, June 9 : The Core Banking System (CBS) of a bank should be configured in such a way that the bank staff are able to inform the...

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Meghalaya Bans Sale, Distribution Of Imported Fish For 15 Days

Shillong, June 9 : The Meghalaya government has banned the sale, distribution and storage of imported fish for a period of 15 days after a sample test of river water...

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With Over 4 Lakh Styles, Menswear Category On Myntra Woos Customers During Eors 18

New Delhi, June 9 : The menswear category on Myntra is emerging as a promising segment, with unparalleled and never seen before scale of 4+ lakh styles from over 1,000+...

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India Open To Fta Talks Bilaterally Or Individually With African Nations: Piyush Goyal

New Delhi, June 9 : Commerce Minister Piyush Goyal on Thursday interacted with 15 ambassadors from the African region for strengthening trade and investment ties with India. He said India...

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Soaring Air Fares Play Spoiler For Family Holidays

Lucknow, June 9 : Soaring air fares to various prime tourist destinations are now making people cancel holiday plans this summer. Air fares to Srinagar, Goa, Mumbai, Coimbatore, Kolkata, Dehradun...

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India, Newzealand Hold Round Table Meeting, Agree To Work On Areas Of Mutual Interests

New Delhi, June 9 : India and New Zealand have held the first round table joint meeting, where both the sides acknowledged the huge potential in a mutual partnership and...

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Realme\'s Madhav Sheth Likely To Head Rival Honor India Amid Top Exodus

New Delhi, June 9 : Madhav Sheth, currently VP for Business and Corporate Strategy (Global) at leading technology brand realme, is likely to soon join Honor India to revive the...

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Roadies Rostel To Open 15 Experiential Holiday Resorts, Aims Rs 100 Cr Gross Revenue

New Delhi, June 9 : Roostels India, in collaboration with Viacom18 Consumer Products, is all set to redefine experiential holidays in India with the launch of ‘Roadies Rostel’. In a...

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Wall Street Officially In Bull Market

New York, June 9 : The S&P 500 rallied to end the day in a bull market, marking a 20 per cent surge since its most recent low, reached on...

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Openai Ceo Meets Modi; Pm Says Ai\'s Potential For India\'s Tech Ecosystem Vast (ld)

New Delhi, June 9 : The potential of artificial intelligence (AI) in enhancing India’s tech ecosystem is indeed vast, particularly among the youth, Prime Minister Narendra Modi said on Friday....

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Kerala: Palakkad Railway Division Opens Its Stations For Photo Shoots

Thiruvananthapuram, June 9 : In what’s billed as a first of its kind in the state, the Palakkad Railway Division has now opened its properties including railway stations and even...

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Openai Ceo Altman Discusses India\'s Tech Ecosystem With Pm Modi

New Delhi, June 9 : OpenAI CEO Sam Altman on Friday said that he met Prime Minister Narendra Modi in the national capital and discussed India’s incredible tech ecosystem with...

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\'india, Serbia Have Huge Potential For Trade & Investment\': President Murmu

New Delhi, June 8 : President Droupadi Murmu on Thursday said that India and Serbia have huge potential for trade and investment. Addressing the India-Serbia business forum in Belgrade, President...

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