Business

Ondc To Foster Hyperlocal Ecommerce Business Model In India: Nandan Nilekani

Bengaluru, April 4 : The government’s Open Network for Digital Commerce (ONDC) platform will democratise ecommerce for millions of small retailers in India, paving the way for the rise of...

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Hyundai Unveils Genesis Gv80 Coupe Concept Car In New York

Seoul, April 4 : South Korea’s largest carmaker Hyundai Motor has unveiled the Genesis GV80 Coupe Concept at its exhibition hall Genesis House New York, the company said on Tuesday....

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Govt Removes Windfall Tax On Crude Oil Production, Cuts For Diesel

New Delhi, April 4 : The Central government has slashed windfall tax on crude oil production to zero from Rs 3,500 rupees per tonne, which became effective from today, according...

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World Bank Cuts India\'s Gdp Growth To 6.3% For 2023-24

New Delhi, April 4 : India’s GDP is expected to slide down to 6.3 per cent in 2023-24 as against its earlier estimate of 6.6 per cent, mainly due to...

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Vc Firm Blacksoil Raises Over $25 Mn In Fresh Capital

New Delhi, April 4 : Alternative credit platform BlackSoil on Tuesday said it has raised over $25 million through its diverse debt products, and 60 per cent of were repeat...

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Tax Rule Recap: Some Key Changes Have Come Into Effect

New Delhi, April 4 : With the new financial year 2023-24 having begun from April 1, several tax rule changes have come into effect. Let’s have a look at some...

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After Delivering 25 Bps Hike In Repo Rate, Rbi To Change Its Stance

Chennai, April 4 : The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to change its stance after taking a guard against inflation by delivering a 25...

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India Smart Tv Market Grows 28%, Homegrown Brands Capture 24% Share

New Delhi, April 4 : India’s smart TV shipments grew 28 per cent (on-year) in 2022 and homegrown brands showed the fastest growth, with a market share of 24 per...

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Byju\'s All Set To Raise $500-$700 Mn Led By Top Vc Firms

New Delhi, April 4 : Edtech major BYJU’s is all set to raise around $500-$700 million in its latest funding round at a flat valuation of $22 billion, led by...

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Indigo B\'luru-varanasi Flight Diverted To Hyderabad After Technical Snag

New Delhi, April 4 : An IndiGo Bengaluru-Varanasi flight was diverted to Hyderabad on Tuesday after developing a technical snag. The flight made an emergency landing at the Hyderabad airport...

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Apple Laying Off Small Number Of People In Corporate Roles: Report

San Francisco, April 4 : Apple is reportedly laying off a small percentage of people from one of its corporate teams amid the deepening global meltdown. According to a report...

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Byju\'s Hires Ajay Goel As Cfo Amid Myriad Of Problems

New Delhi, April 4 : Edtech company BYJU’S has appointed Ajay Goel as its chief financial officer (CFO), as it aims to strengthen the company’s financial operations and achieve profitability...

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Elon Musk Changes Twitter\'s Blue Bird Logo With \'doge\' Meme

San Francisco, April 4 : Twitter CEO Elon Musk on Tuesday replaced the micro-blogging platform’s blue bird homepage logo with the ‘Doge’ meme. Musk tweeted, “As promised” and attached a...

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Cbic Says Upgraded System In Place For Payments Amid Problems Faced By Taxpayers

New Delhi, April 3 : The Central Board of Indirect Taxes and Customs (CBIC) on Monday said that an updated system of making payments for trade-related duties since April 1...

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Pm Modi Congratulates Nita Ambani For The Opening Of Nmacc In Mumbai

New Delhi, April 3 : Prime Minister Narender Modi has congratulated Nita Ambani for the opening of Nita Mukesh Ambani Cultural Centre (NMACC), a first-of-its-kind, multi-disciplinary cultural space in the...

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Nagaland To Host 3-day B20 Conference Of Ne Region From Tuesday

Kohima, April 3 : Nagaland will host the three-day 4th and final B20 session from Tuesday, which is being organised in the northeast as part of the official G20 dialogue...

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32 Brokers Have Been Declared Defaulters By Nse In Last 5 Years

New Delhi, April 3 : At total of 32 brokers have been declared defaulters by the NSE during the last five years, the Parliament was told on Monday. Market regulator...

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Vaccine Tycoon Poonawala Longing For 8 Years To Occupy His \'palatial\' Mumbai Home

Mumbai/Pune, April 3 : Billionaire vaccines tycoon Cyrus Poonawala is keen to move into his palatial Mumbai home which has been stuck in bureaucratic hassles for the past eight years....

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Gross Direct Tax Collections For 2022-23 Rise 20% To Rs 19.68l Cr

New Delhi, April 3 : Gross direct tax collections (provisional) for 2022-23 stand at Rs 19.68 lakh crore, registering a growth of 20.33 per cent, according to figures released by...

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Ai Introduces New In-flight F&b Menu For Int\'l Flights, Includes Premium Brands Of Spirits

New Delhi, April 3 : Air India has introduced a refreshed in-flight food and beverages menu across cabins on all international flights. Air India’s First and Business Class customers who...

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Parliament Passes Competition Amendment Bill

New Delhi, April 3 : The Competition Amendment Bill, 2022 was on Monday passed by the Parliament, after the Rajya Sabha passed it amid protests by opposition led by Congress...

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Ed Attached Properties Worth Rs 33,862.20 Crore In Major Corporate Frauds

New Delhi, April 3 : In major cases of corporate fraud, including the Sterling Biotech case, frauds committed by companies of Vijay Mallya, Nirav Modi and Mehul Choksi, the Enforcement...

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Value Of Assets Seized In Searches By Income Tax Department Records Rise

New Delhi, April 3 : The value of assets seized during searches conducted by the Income Tax Department has shown a rise over the last few years, the Parliament was...

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Ai A Serious Threat To Several Programming Jobs: Zoho\'s Sridhar Vembu

Chennai, April 3 : Global technology company Zoho’s CEO and co-founder Sridhar Vembu on Monday expressed his concerns on the potential impact of artificial intelligence (AI) regarding the future workforce,...

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Smart Home Devices Shipment Fall For 1st Time, Tvs Most Hit

New Delhi, April 3 : Global shipments of smart home devices declined for the first time in 2022 as shipments fell 2.6 per cent (year-over-year) to 871.8 million units. According...

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Swiggy Cto Moves On To Start His Entrepreneurial Venture

New Delhi, April 3 : Online food delivery platform Swiggy on Monday confirmed that its Chief Technology Officer (CTO) Dale Vaz has decided to move on to pursue his entrepreneurial...

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S.korean Smartphone Sales Fall 6% In 2022

Seoul, April 3 : Sales of smartphones in South Korea fell 6 per cent last year from a year earlier amid an economic slowdown, industry data showed on Monday. Samsung...

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Rbi\'s Repo Rate Hike Decision May Not Be Unanimous

By Venkatachari JagannathanChennai, April 3 : With economic experts expecting the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) to increase the repo rate further by 25 basis points...

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Job Vacancies In Bfsi Witness Significant Y-o-y Growth In March: Report

New Delhi, April 3 : Job vacancies in the banking, financial services and insurance (BFSI) sector have seen a significant year-on-year (YOY) growth in March, according to a report on...

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Pm Describes Launch Of Mahila Samman Bachat Patra As Example Of Women Empowerment

New Delhi, April 3 : Prime Minister Narendra Modi on Monday said that the Centre is committed towards women empowerment, and described the implementation of a new savings scheme for...

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Ten Up Districts Suffer Crop Damage Due To Unseasonal Rain

Lucknow, April 3 : Ten districts of Uttar Pradesh have been found to have suffered substantial crop damage due to unseasonal rain in the survey by the UP relief commissioner’s...

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Acuite Ratings Revises Downward India\'s Bop For Fy23 To $17bn

Chennai, April 3 : Credit rating agency Acuite Ratings & Research on Monday said it has revised its forecast of India’s current account deficit to $68 billion from $106 billion...

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China Probes Us Chip Maker In Apparent Retaliation

Beijing, April 3 : China has launched a cybersecurity probe into Micron Technology, one of Americas largest memory chip makers, in apparent retaliation after US allies in Asia and Europe...

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Zoho Expands Rural Initiatives, Opens New Hub Offices, Schooling Centres

Chennai, April 3 : Global technology company and SaaS leader Zoho on Monday said it plans to open new hub offices in Tirunelveli and Madurai districts in Tamil Nadu and...

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Google Now Testing Blue Check Marks For Verified Ads

New Delhi, April 3 : Inspired by Twitter and Meta, Google is now experimenting with displaying blue check marks on certain search ads for advertisers who have been verified by...

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Spicejet Completes Spicexpress Hive Off, Results In One-time Gain Of Rs 2,555.77 Cr

New Delhi, April 3 : SpiceJet has completed the hive off of its cargo and logistics division ‘SpiceXpress’ into a separate entity, SpiceXpress and Logistics Private Limited. The consideration for...

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Oil Prices Surge After Surprise Cuts In Production

London, April 3 : Oil prices have surged after several of the world’s largest oil exporters announced surprise cuts in production. The price of Brent crude oil was trading above...

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Mcdonald\'s Temporarily Shuts Us Offices, Plans Major Layoffs

New York, April 3 : Fast food giant McDonald’s has temporarily shut its offices in the US this week as it gears up to lay off several employees as part...

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Tesla Delivers Record Over 4.2l Electric Vehicles In Q1 2023

San Francisco, April 3 : Elon Musk-run Tesla delivered a record 4,22,875 electric vehicles in the first quarter of 2023, beating the Wall Street estimates. In the first quarter, the...

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Iim Ahmedabad Holds 58th Convocation, 597 Students Graduate

Ahmedabad, April 3 : The Indian Institute of Management Ahmedabad (IIM-A) held its 58th annual convocation, where Infosys founder Narayana Murthy was ithe chief guest. The ceremony was held on...

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Pakistan Denies Reports Of Trade Relations With Israel

Islamabad, April 2 : Amid reports of an exchange of goods between Pakistan and Israel, the Pakistan Foreign Office (FO) and the Ministry of Trade and Commerce denied on Sunday...

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Nyt Loses Twitter Blue Badge, Koo Founder Invites It To Join Platform

New Delhi, April 2 : Elon Musk-run Twitter on Sunday removed the Blue badge of The New York Times, barely a week after he announced a new policy for keeping...

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Parliamentary Panel Expresses Concern Over Delay In Data Protection Bill

New Delhi, April 2 : A Parliamentary panel has held that the delay in the enactment of the Personal Data Protection Bill 2019 – which was withdrawn by the government...

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Google To Cut Free Snacks & Workout Classes For Employees: Report

New Delhi, April 2 : Amid layoffs over recession fears, tech giant Google is also creating several cost-cutting measures such as cutting down on free snacks and workout classes for...

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Google Faces $4.2 Billion Advertising Lawsuit

San Francisco, April 2 : A new lawsuit has been filed against Google seeking 3.4 billion pounds ($4.2 billion) in compensation for publishers for lost revenue. According to the claim,...

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Pakistan\'s Traders To Launch Protests Against Inflation

Islamabad, April 2 : The traders association in Pakistan will launch protests across the country after Eidul Fitr against the rising inflation and worsening economic conditions, media reports said on...

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Feel Bad That I Invited My Mother To Visit Infosys Only When She Was Dying: Narayana Murthy

Ahmedabad, April 2 : Infosys co-founder Narayana Murthy on Sunday said he feels bad that he invited his mother to visit Infosys only when she was dying. He said this...

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2nd Round Of G20 Energy Transition Working Group Deliberations Begin

New Delhi, April 2 : The Union Ministry of mines is one of the participating ministries in the energy transition working group (ETWG) deliberations under the ongoing G20 presidency of...

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Sentiment And Momentum Favour The Bulls In A Truncated Week

By Arun KejriwalThe week gone by had all the emotions one could think of.It had drama, expectation, new vigour, a desire to do something and above all momentum. What one...

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Tech Layoffs, Economic Slowdown Hamper Office Space Demand In India

New Delhi, April 2 : Global economic slowdown, tech layoffs and hybrid work have impacted gross leasing of office space in India, as flexible office space providers share reached almost...

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S.korean Major Firms\' Earnings Outlook Grim Amid Weak Chip Demand

Seoul, April 2 : The first-quarter earnings outlook for South Korea’s major companies, including the world’s leading chipmakers Samsung Electronics and SK hynix, remained grim mainly due to sluggish global...

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Healthtech Firm Covermymeds To Lay Off Over 800 Workers

San Francisco, April 2 : US-based health technology company CoverMyMeds has announced to lay off about 815 employees amid tough macroeconomic conditions, the media reported. The company also said to...

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Elon Musk Calls Struggling San Francisco A City Of \'walking Dead\'

San Francisco, April 2 : As the Silicon Valley looks at a “doom-loop” scenario amid tech layoffs and offices being shut down amid remote work, Elon Musk on Sunday said...

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Twitter May Give $1,000 Checkmark Free To 10k Most-followed Firms

San Francisco, April 2 : Elon Musk-run Twitter is reportedly planning to give a $1,000 checkmark free to the top 10,000 organisations by follower count. The top 500 advertisers on...

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Jewar Effect: Greater Noida Land Parcels Sell For Triple Of Reserve Price

By Pawan TripathiGreater Noida, April 2 : The land parcels in Uttar Pradesh’s Greater Noida were auctioned for triple their reserve price in a three-day e-auction conducted by the Greater...

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Adani Ports Acquires Karaikal Port, To Infuse Rs 1,485cr To Pay Creditors

Chennai, April 1 : The Adani group gained a further foothold in the port sector on the eastern coast by acquiring the all-weather deep water Karaikal Port owner Karaikal Port...

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India Has Robust Commercial Systems Giving Confidence To Investors: Fm

Chennai, April 1 : Finance Minister Nirmala Sitharaman said on Saturday that it is now agreed during the negotiations of bilateral trade treaties that India has a better robust commercial...

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Ghcl Limited Completes Demerger Of Spinning Business Into Ghcl Textiles Limited

New Delhi, April 1 : GHCL Limited, India’s leading Chemical & Textile Company, announced effective date of demerger of its spinning business as April 1, 2023, which will henceforth be...

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Zendaya Shimmers In Deep-blue Sari On Day 2 Of Nmacc Opening

Mumbai, April 1 : If Day One of the Nita Mukesh Ambani Cultural Centre (NMACC) opening in Mumbai on Friday night was all about the entertainment world — from Rajinikanth...

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Frequent Amendment Of Corporate Laws Is To Make Them More Robust: Sitharaman

Chennai, April 1 : Union Finance Minister Nirmala Sitharaman on Saturday said the Central government does not have any hesitation in frequently approaching the Parliament to amend corporate laws as...

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Twitter Bans Record Over 6.8 Lakh Accounts In India Amid Major Overhaul

New Delhi, April 1 : Struggling to become profitable under Elon Musk as it takes drastic decisions which have infuriated users, Twitter banned a record 682,420 accounts promoting child sexual...

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Procurement Through Gem Crosses Rs 2 Lakh Cr In 2022-23

New Delhi, April 1 : Procurement of goods and services from government portal Government e Marketplace(GeM) has crossed the Rs 2 lakh crore mark in the financial year 2022-2023. Terming...

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Pakistanis Drown Under Cost Of Living As Inflation Hits All-time High

Islamabad, April 1 : Pakistans monthly inflation blew past forecasts in March and soared to a nearly all-time high level — 35.4 per cent — from a year earlier, with...

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Gst Collection In March Rises To Over Rs 1.60 Lakh Crore

New Delhi, April 1 : Recording a growth, the gross GST revenue in March rose to Rs 1,60,122 crore as compared with Rs 1,49,577 crore during February this year. “The...

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Odisha Cm Announces Metro Rail Project Connecting Cuttack, Bhubaneswar, Puri, Khurda

Bhubaneswar, April 1 : On the occasion of Utkal Diwas, Odisha Chief Minister Naveen Patnaik on Saturday announced a metro train project connecting Cuttack, Bhubaneswar, Puri and Khurda. The project...

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Odisha Govt Approves Five Industrial Projects Worth Rs 35,760 Cr

Bhubaneswar, April 1 : A day after approving six investment proposals worth Rs 854.17 crore, the Odisha government on Saturday cleared another five big industrial projects, which will bring investment...

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India\'s Nhpc Likely To Develop 480 Mw Hydro-project In Nepal

Kathmandu, April 1 : If everything goes as per plans, Indias NHPC will begin development of 480 megawatt Phukot Karnali Hydroelectric Project in Nepal. According to some Nepali media reports,...

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Amul Hikes Milk Price By Rs 2/ltr In Gujarat

Ahmedabad, April 1 : The Gujarat Cooperative Milk Marketing Federation (GCMMF) on Saturday hiked the Amul milk price by Rs 2 per litre in the state. This marks the first...

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Car Majors Close Fy23 With Double Digit Growth

Chennai, April 1 : Car makers in India — majority of them of Asian origin — closed FY23 with double digit sales growth. The two industry majors, Maruti Suzuki India...

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Central Govt\'s Total Gross Liabilities Increase Marginally By 2.6% In Q3 Fy 2022-23

New Delhi, April 1 : The Central government’s total gross liabilities — including liabilities under the ‘Public Account’ — have increased marginally to Rs 1,50,95,970.8 crore at end-December 2022 from...

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Ai Tech Like Chatgpt Can Surely Boost Experiences Of Our Customers: Hp

By Nishant AroraChicago, April 1 : As the world embraces generative AI across the spectrum, PC and printer major HP Inc too feels that the age of AI has begun...

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Toyota Kirloskar Logs 41% Volume Growth In Fy23

Chennai, April 1 : The Indo-Japanese car joint venture Toyota Kirloskar Motor Pvt Ltd closed last fiscal selling 174,015 units logging a growth of 41 per cent. The company said...

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Il&fs Completes Interim Distribution Payout Of Rs 920 Cr In Cntl

New Delhi, April 1 : The IL&FS Group has completed an Interim Distribution pay-out of Rs 920 crore in the Chenani Nashri Tunnelway Limited (CNTL), a subsidiary of IL&FS Transportation...

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Ibm Spinoff Kyndryl To Layoff Employees For \'profitable Growth\'

New Delhi, April 1 : IT infrastructure services provider Kyndryl, a spinoff of tech major IBM, is laying off an unspecified number of employees globally. According to a report in...

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Tech Spending In India Poised To Grow By 9.6% This Year

New Delhi, April 1 : Tech spending in India is poised to grow by 9.6 per cent this year and the IT spending growth is set to regain pre-pandemic levels,...

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Samsung To Launch Galaxy S23 Fe With Exynos Chip: Report

San Francisco, April 1 : Tech giant Samsung will reportedly launch the Fan Edition of the S23 series which will feature the Exynos chip, in the fourth quarter of this...

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Whatsapp Improves Readability Of Messages In Community Announcement Groups

San Francisco, April 1 : Meta-owned messaging platform WhatsApp is rolling out a new full-width messaging interface for community announcement groups to some best testers on iOS beta, which will...

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From Priyanka-nick To Bollywood\'s A-list, Global Celebs Throng Nmacc Opening (ld)

Mumbai, March 31 : The who’s who of the arts and entertainment world, both Indian and international, gathered for the grand inauguration of the Nita Mukesh Ambani Cultural Centre (NMACC)...

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Govt Hikes Deposit Limit For Mis, Senior Citizen Savings Scheme

New Delhi, March 31 : The Centre on Friday raised the interest rates of small savings schemes, effective from April 1, 2023.At the same time, the government also raised the...

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Us-based Investors Significantly Cut Market Valuation Of Byju\'s, Swiggy

New Delhi, March 31 : In a setback to Indian unicorns BYJU’s and Swiggy, US-based key investors have significantly marked down their market valuation, the media reported on Friday. New...

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Consumer Affairs Dept Directs Retailers To Calibrate Retail Margins For Pulses

New Delhi, March 31 : The Consumer Affairs Department has advised retailers to calibrate the retail margins in such a way that the composition of pulses consumption basket of households...

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Mahila Samman Savings Certificate Scheme Comes Into Effect From Today

New Delhi, March 31 : The Mahila Samman Savings Certificate 2023 scheme, which was announced by the government in the Union Budget, has come into effect from Friday. It was...

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\'madhya Pradesh Recorded 300% Growth In Air Connectivity\'

New Delhi, March 31 : Civil Aviation Minister Jyotiraditya Scindia on Friday said that Madhya Pradesh has witnessed a significant development with regard to air connectivity since the year 2014....

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Hal Registers Highest Ever Revenue Of Rs 26,500 Cr In Fy 2022-23

Bengaluru, March 31 : Public sector Hindustan Aeronautics Limited (HAL) has registered its highest-ever revenue from operations of nearly Rs 26,500 crore (provisional and unaudited) for the financial year (FY)...

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India\'s Current Account Deficit Fell To $18.2 Bn In Dec Quarter

New Delhi, March 31 : India’s current account deficit declined to $18.2 billion in December quarter of the current fiscal from $30.9 billion in September quarter of 2022-23. According to...

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Metro Project In Gurugram Included In Pm Gati Shakti

Chandigarh, March 31 : The 28.5-km-long metro project between HUDA City Centre to Cyber City in Gurugram, Haryana, has been included in PM Gati Shakti projects, state Chief Secretary Sanjeev...

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Trai Releases Recommendations On \'promoting Local Manufacturing In The Television Broadcasting Sector\'

New Delhi, March 31 : The Telecom Regulatory Authority of India (TRAI) on Friday issued recommendations on “Promoting Local Manufacturing in the Television Broadcasting Sector”. After considering comments received from...

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Air India Introduces Premium Economy Experience On Select International Routes

New Delhi, March 31 : Air India introduced an all-new Premium Economy experience for passengers, offering a better cabin product, in-flight services, and added on-ground convenience. Premium Economy passengers will...

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Overseas Assets Of Indians Rose In Dec Quarter Of 2022-23: Rbi Data

New Delhi, March 31 : Overseas assets of Indians during the third quarter of 2022-23 rose, mainly due to an increase of $30 billion in reserve assets, which had earlier...

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Gold Set To Touch Rs 68,000 In Fy24, Prices Go Up On Friday (lead)

Chennai, March 31 : Gold prices on Friday — the last day of the week and FY23 — went up with the investors booking profits.The yellow metal is expected to...

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Punjab Hikes Wheat Crop Relief By 25% Per Acre

Chandigarh, March 31 : The Punjab Cabinet led by Chief Minister Bhagwant Mann on Friday gave nod for hiking the compensation due to unseasonal rains by 25 per cent per...

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Revamping Of Credit Guarantee Scheme, Limit On Ceiling For Guarantees Enhanced From Rs 2 Cr To Rs 5 Cr

New Delhi, March 31 : With a view to revamp the Credit Guarantee Scheme for Micro and Small Enterprises, Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE) issued...

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Revamping Of Credit Guarantee Scheme, Limit On Ceiling For Guarantees Enhanced From Rs 2 Cr To Rs 5 Cr

New Delhi, March 31 : With a view to revamp the Credit Guarantee Scheme for Micro and Small Enterprises, Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE) issued...

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Govt Received Rs 20.39l Cr Till Feb, Spent Rs 34.93l Cr

New Delhi, March 31 : The government has received Rs 20,39,728 crore up to February 2023 comprising Rs 17,32,193 crore in terms of tax revenue, Rs 2,48,635 crore of non-tax...

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Indian Stock Markets Close Fy23 On A High Note

Chennai, March 31 : The two Indian stock markets went up on Friday, the last day of FY23, with scrips in most of the sectors ending in green, said experts....

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Quick Commerce Sees 144% Growth In Mobile Users In 2022: Report

New Delhi, March 31 : Quick Commerce witnessed a growth of nearly 144 per cent in mobile users, becoming the topmost growth category in 2022, a new report showed on...

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Stop Openai From Launching New Gpt Models: Ai Policy Group To Us Ftc

San Francisco, March 31 : Microsoft-owned OpenAI, the company that created AI chatbot ChatGPT, is facing a new complaint with the US Federal Trade Commission (FTC) being asked to investigate...

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Govt Hikes Interest Rate Of Small Saving Schemes, Maximum In Sukanya Samridhi Yojana

New Delhi, March 31 : The Government has effected significant hike in interest rates of small savings schemes, like senior citizen saving schemes, national saving certificate (NSC), Sukanya Samriddhi Yojana...

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Index Of Eight Core Industries Rises 6% In February

New Delhi, March 31 : The combined index of eight core industries (ICI) increased by 6 per cent in February 2023 as against the year-ago period, as the production of...

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Google Introduces \'about This Result\' Feature In 9 Indian Languages To Fight Misinformation

New Delhi, March 31 : As search trends for online misinformation in India reach an all-time high in 2023, Google on Friday said that its “About this result” feature will...

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Government Receives Dividend Tranches From Npcil, Ucil And Hal

New Delhi, March 31 : The government on Friday received Rs 736 crore and Rs 102 crore from public sector undertakings (PSUs) Nuclear Power Corporation of India Limited (NPCIL) and...

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Varun Gandhi Flags Fssai Notification As Misguided Effort To Rate Indian Packaged Foods With Western Options

New Delhi, March 31 : Highlighting the flaws in FSSAIs proposed regulation on Front of Pack Nutrition Labelling (FOPNL), BJP Lok Sabha member Varun Gandhi said in a recent tweet,...

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Aadhaar Authenticated Transactions Jump Over 13% To Cross 226 Crore

New Delhi, March 31 : Aadhaar authenticated transactions in February jumped over 13 per cent over last month to cross 226 crore, the UIDAI said, noting that there is growing...

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Agriculture, Allied Sectors Get Rs 3,156 Cr In J&k 2023-24 Budget

Srinagar, March 31 : To create an enabling environment for transforming J&K’s agriculture and allied sectors in order to increase farmer income, ensure food security and accelerate UT’s economic growth,...

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Gold Prices Go Up On Friday

Chennai, March 31 : Gold prices on Friday — the last day of the week and FY23 — went up with the investors booking profits, said an expert. According to...

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Khattar Invites Industrialists To Set Up Bases In Haryana

New Delhi, March 31 : Haryana Chief Minister Manohar Lal Khattar on Friday released the coffee table book titled ‘Sikh Business Leaders of India’, authored by Prabhleen, at a function...

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Millet Melas To Be Held Across Up Soon

Lucknow, March 31 : The Yogi Adityanath government in Uttar Pradesh is now planning to hold ‘Eat Right Millet Melas’ across the state to promote millet food. “The millet mela...

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Centre Unveils Foreign Trade Policy 2023-2028, Focus On Boosting Exports To $2 Tn

New Delhi, March 31 : The Centre on Friday unveiled new foreign trade policy for the period 2023 to 2028 with the aim of boosting exports to $2 trillion by...

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Netflix Rolls Out Ad-supported Plan For Apple Tv Users

San Francisco, March 31 : Streaming giant Netflix has rolled out its ad-supported plan — “Basic with Ads” for Apple TV users after a delay of months. The service was...

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Telangana Ranks Number One In Per Capita Income: Ktr

Hyderabad, March 31 : Telangana has been ranked number one in per capita income in 2022-23, said the state minister for industries, commerce and information technology K.T.Rama Rao. He tweeted...

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Pm Modi Calls Uniform Tariff For Gas Pipeline As Noteworthy Reform

New Delhi, March 31 : Prime minister Narendra Modi on Friday described the implementation of a uniform tariff by Petroleum and Natural Gas Regulatory Board (PNGRB) as a noteworthy reform...

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Dismantle India\'s Big 5 Conglomerates To Increase Competition, Says Former Rbi Deputy Governor

By Sanjeev SharmaNew Delhi, March 31 : Former RBI Deputy Governor Viral Acharya has called for dismantling India’s largest conglomerates to increase competition and to reduce their pricing power. In...

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Richard Branson\'s Rocket Company Virgin Orbit Lays Off 85% Of Workforce

San Francisco, March 31 : Virgin Orbit, the rocket company founded by British billionaire Richard Branson, has laid off nearly 85 per cent of its workforce — about 675 employees...

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Streaming Company Roku Lays Off Another 200 Employees

San Francisco, March 31 : Streaming company Roku is laying off additional 200 employees, after sacking a similar number of workers last November. In a filing with the US Securities...

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Hp Inc Doubles Down On Empowering Indian Smbs With Sustainable, Secure Solutions

By Nishant AroraChicago, March 31 : For India’s thriving small and medium business (SMB) community that accounts for about 31 per cent of the country’s GDP, it is imperative to...

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\'nita Mukesh Ambani Cultural Centre\' To Open In Mumbai On Friday

Mumbai, March 30 : India’s first-of-its-kind, multi-disciplinary cultural space, the Nita Mukesh Ambani Cultural Centre, will open in Mumbai on Friday which will showcase the best of India across the...

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Nearly 22 Flights Diverted From Delhi After Rain, Thunderstorm

New Delhi, March 30 : Adverse weather conditions caused by rain and thunderstorm led to the diversion of nearly 22 flights from the Delhi airport till late on Thursday evening....

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Generative Ai Will Unlock Great Experiences In Next 4-5 Years: Dr Lisa Su

Chicago, March 30 : It is just amazing how generative AI has captured everyone’s imagination and AI will help us unlock great experiences for our customers over the next four...

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Indigo, Virgin Atlantic Expand Codeshare, Open Up New Destinations

New Delhi, March 30 : Indigo and Virgin Atlantic have expanded their codeshare, opening up an array of new destinations across India. Air passengers will now be able to book...

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Loans Disbursed Digitally Rose 12-fold Between 2017 And 2020: Rbi Panel Report

New Delhi, March 30 : There was a 12-fold increase in the volume of loan disbursement through digital mode by banks and non-bank finance companies (NBFCs) between 2017 and 2020,...

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Hc Tells Delhi Govt To Decide Pernod Ricard\'s Licence Application In 2 Weeks

New Delhi, March 30 : The Delhi High Court has directed the city government’s Department of Excise to take a decision, in two weeks, on Pernod Ricard India (PRI)’s application...

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Welspun Corp Completes Acquisition Of Sintex-bapl

New Delhi, March 30 : Propel Plastic Products Private Limited, a wholly owned subsidiary of Welspun Corp Limited (WCL), has discharged the consideration to the creditors of Sintex-BAPL Limited for...

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Essar Project Chosen To Support Uk\'s Decarbonisation Strategy

London, March 30 : Vertex Hydrogen, a leading low carbon hydrogen production project, has been chosen by the UK government as part of one of the two hydrogen plants that...

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Investment Bureau To Be Set Up For Single-roof Facilitation: Himachal Cm

Shimla, March 30 : To scale up the ease-of-doing business and to minimise delay in getting requisite approvals through a single-roof facilitation mechanism, the Himachal Pradesh government would establish investment...

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Nanobots To Help Humans Become Immortal By 2030: Ex-google Scientist

New Delhi, March 30 : Humans will attain immortality with the help of nanorobots in just seven years, former Google scientist Ray Kurzweil has claimed. The 75-year-old computer scientist has...

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Real Estate Sector Worried About Further Increase In Repo Rate

Chennai, March 30 : With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) expected to meet next month – the first one for FY24-real estate players are worried...

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Gulf Of Mexico Up For Auction In A Major Blow To Biden\'s Climate Change Efforts

By TN AshokWashington, March 30 : A substantial portion of the Gulf of Mexico, the size of Italy, has been put up for auction by its owners for oil and...

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Unacademy Ceo \'sorry\' As He Lays Off 12% Of Workforce In 2nd Job Cut (ld)

New Delhi, March 30 : There is no stopping layoffs in the Indian edtech space and Gaurav Munjal, Co-Founder and CEO of Unacademy, has announced to reduce the size of...

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This Summer, Lucknow Will Have 100 More Flights

Lucknow, March 30 : The Lucknow airport is going to get busier this summer with more than 100 flights operating to cope with the holiday rush. According to the airport...

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Meta To Cut Employee Bonus Payouts In Fresh Cost-cutting Move

San Francisco, March 30 : After laying off 21,000 employees in two job cut rounds, Meta (formerly Facebook) is further looking to cut costs, and has reportedly plans lower bonus...

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Era Of Low Interest & Easy Credit Over, Inflation Pronounced In India: S&p Global Ratings

Chennai, March 30 : The era of low interest rates and easy credit is over in the Asia Pacific region.Amid greater market volatility and slower Asia-Pacific economies, funding access could...

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Cait Seeks Empowered Regulatory Authority To Monitor & Regulate E-commerce

New Delhi, March 30 : The Confederation of All India Traders (CAIT) has demanded an empowered Regulatory Authority to monitor and regulate the e-commerce trade in the country. The CAIT...

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Cait Seeks Empowered Regulatory Authority To Monitor & Regulate E-commerce

New Delhi, March 30 : The Confederation of All India Traders (CAIT) has demanded an empowered Regulatory Authority to monitor and regulate the e-commerce trade in the country. The CAIT...

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Hp Inc Doubles Down On Partner Growth With Amplify Programme

Chicago, March 30 : HP Inc has announced several new partner benefits and programme enhancements aimed at driving greater agility, simplification, growth and collaboration. As of November 1, 2023 (fiscal...

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Online Used-car Marketplace Shift Lays Off 30% Of Workforce

San Francisco, March 30 : US-based online marketplace for buying and selling used cars Shift Technologies has reduced its workforce by 30 per cent in the first quarter in an...

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Centre Directs All India Service Officers To Inform About Stock Market Related Transactions

New Delhi, March 30 : The Centre has directed Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS) officers to inform if their total transactions in...

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Unseasonal Rain Hits Lucknow\'s Booming Mango Crop

Lucknow, March 30 : Unseasonal rain earlier this month has caused considerable damage to the booming mango crop in the Malihabad mango belt. The showers on March 17 and 21...

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`irdai\'s New Commission Rules To Affect Psu Insurers, Legalises Actions Of Private Players\'

Chennai, March 30 : What was being done in a clandestine manner by the industry players, the the Insurance Regulatory and Development Authority of India (IRDAI) has legalised the same...

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Fourth Quarter Of 2022-23 Sees Lowest Ipo Fundraising In 9 Yrs

New Delhi, March 30 : Thirty-seven Indian corporates raised Rs 52,116 crore through main board IPOs in financial year 2022-23, less than half of the Rs 1.11 lakh (all-time high)...

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Unacademy Lays Off 12% Of Workforce In Its Latest Round Of Job Cuts

New Delhi, March 30 : Edtech major Unacademy has laid off 12 per cent of its workforce or over 350 employees in its latest round of job cuts. Gaurav Munjal,...

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Nxp Semiconductors Ceo Kurt Sievers Meets Pm

New Delhi, March 30 : Kurt Sievers, CEO of the Dutch semiconductor designer and manufacturer NXP Semiconductors, met Prime Minister Narendra Modi during his visit to the country. In a...

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Hp Inc To Further Boost Its Local Manufacturing Footprint In India: Ceo

By Nishant AroraChicago, March 30 : As supply chain disruptions continue to haunt tech companies globally, PC and printer major, HP Inc is bullish on manufacturing its next-gen range of...

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India\'s Pc, Tablet Market Grew 5% To Reach 19.6 Mn Units In 2022

New Delhi, March 30 : Despite a steep fall in the fourth quarter of 2022, last year was a successful one for the Indian PC market (desktops, notebooks and tablets),...

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Arunachal To Sign Deal With Cpsus To Set Up Five Hydropower Plants

Itanagar, March 29 : The Arunachal Pradesh government has decided to hand over five terminated hydropower projects with a generation capacity of 2823 MW to two Central Public Sector Undertakings...

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17 Passengers Left Behind At Vijayawada Airport As Flight To Kuwait Leaves Early

Vijayawada, March 29 : Seventeen passengers were left stranded at the Vijayawada international airport on Wednesday after an Air India Express flight to Kuwait took off three hours before the...

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Ai Pilots\' Bodies Allege Unilateral Changes In Service Conditions

New Delhi, March 29 : Pilots’ bodies have written to the Air India management on the issues surrounding ‘unilateral changes in service conditions and policies’, alleging that unilateral violations of...

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High Court Grants Relief For Chandigarh International Airport Liquor Shops

Chandigarh, March 29 : In a major relief, the Punjab and Haryana High Court has allowed Liquor World to operate the duty-paid liquor shops at the Chandigarh International Airport Ltd...

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Tier 2-3 Cities Drive The Growth Of India’s Direct Selling Industry

New Delhi, March 29 : There was a time when Indias economic growth was driven by metropolitan and Tier 1 cities.However, thanks to big and rising ambitions, Tier 2 and...

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Goa Cm Focuses On Resumption Of Mining, Boosting Tourism In Budget

Panaji, March 29 : The Goa government has focused on resumption of mining and tourism for revenue collection in the Budget for 2023-24 presented in the Assembly on Wednesday. Chief...

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Govt Plans To Implement 58% Of Its Borrowings In First Half Of 2023-24

New Delhi, March 29 : The Union government plans to implement almost 58 per cent of its borrowing for 2023-24 during the first half of the forthcoming fiscal, according to...

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Hp Inc Unveils Laserjet Printers With Sustainable Printing Tech

Chicago, March 29 : PC and printer major HP Inc on Wednesday announced new lineup of LaserJet printers with sustainable TerraJet toner that delivers up to 27 per cent reduced...

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Google Says Reviewing Nclat Order In Cci Case, Weighing Legal Options

New Delhi, March 29 : Google on Wednesday said it is reviewing the decision by the National Company Law Appellate Tribunal (NCLAT) in the Competition Commission of India (CCI) case,...

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Hp Inc Introduces 150 Products, Solutions For Future Hybrid Work

Chicago, March 29 : PC and printer major HP Inc on Wednesday introduced a robust lineup of 150 products, services and solutions for hybrid work under its ‘FutureReady’ portfolio. The...

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\'india Fastest Growing Economy\', Says Pm Modi At Summit For Democracy

New Delhi, March 29 : Prime Minister Narendra Modi on Wednesday said that despite many global challenges, India is the fastest growing major economy today. In his virtual address at...

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Igor Sechin\'s Visit To India: Stepping Up Integrated Cooperation

New Delhi, March 29 : The Chief Executive Officer of Rosneft Oil Company, Igor Sechin, recently made an influential working trip to India, during which he met Indian government officials...

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\'monetary Tightening To Have Limited Impact On Residential Sales\'

New Delhi, March 29 : While the strong momentum seen in 2022 in both sales and new launches in the residential sector is expected to continue in the first half...

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Coal Ministry Launches Seventh Round Of Commercial Mines\' Auction

New Delhi, March 29 : The Coal Ministry on Wednesday launched the seventh round of commercial mines’ auction with a total of 106 coal blocks on offer. Out of the...

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How To Pay Your Loan Emi Using Phonepe

New Delhi, March 29 : PhonePe is among India’s largest payments app, enabling digital inclusion for consumers and merchants alike. From money transfers to recharges, paying electricity and other utility...

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Tasl To Manufacture Cargo Doors Of A320 Neo Aircraft

Hyderabad, March 29 : Tata Advanced Systems Ltd.(TASL) will manufacture cargo and bulk cargo doors of the A320 Neo aircraft family at its facility in Hyderabad. Aircraft maker Airbus has...

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Funding Into Indian Healthtech Platforms Plunges 55% In 2022

New Delhi, March 29 : Total funding into healthtech companies in India plunged 55 per cent (year-on-year) to $1.4 billion last year, a report showed on Wednesday. The drop is...

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Pay Rs 1,337 Crore Fine Imposed By Competition Commission, Nclat Tells Google

New Delhi, March 29 : The National Company Law Appellate Tribunal (NCLAT) on Wednesday said that Google will have to pay the fine of Rs 1,337.76 crore, imposed on it...

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Whatsapp Working On 15 New Durations For Disappearing Messages

San Francisco, March 29 : Meta-owned messaging platform WhatsApp is reportedly working on 15 new durations for disappearing messages. Currently, the platform supports three durations for disappearing messages– 24 hours,...

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Sk Hynix Not Sure Whether To Apply For Us Chips Act Funding: Ceo

Seoul, March 29 : SK hynix is not sure yet whether to apply for US government grants under the Chips Act, the chipmaker’s top executive said on Wednesday, calling the...

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Sequoia India-backed Gomechanic Acquired By Lifelong Group Consortium

New Delhi, March 29 : Sequoia India-backed online vehicle repair platform GoMechanic, which went through a saga of misrepresenting facts, errors in financial reporting and the subsequent layoff of 70...

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Cag Comes Down Heavily On J&k Bank For \'wasteful Expenditure\' Of Rs 7 Cr

By Sheikh QayoomSrinagar, March 29 : In its latest report titled ‘Management of fixed assets by J&K Bank Limited’, the auditor and Comptroller General of India (CAG) has come down...

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Npci Clarifies That Customers Won\'t Be Charged For Upi Transactions

New Delhi, March 29 : The National Payments Corporation of India (NPCI) on Wednesday said that it has now permitted the Prepaid Payment Instruments (PPI wallets) to be part of...

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Alibaba Shares Jump After Breakup Plan Announced

Singapore, March 29 : Shares of Chinese technology giant Alibaba have jumped after it announced a plan to break up the company. The firm says five of the six units...

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Water Cess Not Applicable In Punjab, Clarifies Himachal Cm

Chandigarh, March 29 : Punjab Chief Minister Bhagwant Mann on Wednesday flagged the issue of proposed water cess on hydropower plants with his Himachal Pradesh counterpart Sukhvinder Sukhu.However, the latter...

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Adani Debunks Reports On Repayment Of Loans Against Shares

New Delhi, March 29 : The Adani Group has strongly refuted news reports which makes the baseless and deliberately mischievous claim that the Group has not completed the repayment of...

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Centre To Introduce Forest (conservation) Amendment Bill In Ls Today

New Delhi, March 29 : The Centre on Wednesday will introduce the Forest (Conservation) Amendment Bill, 2023 in the Lok Sabha. Environment Minister Bhupender Yadav will introduce the Bill, which...

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Apple Contribution To \'make In India\' Smartphone Reaches 25% In Value Terms

New Delhi, March 29 : ‘Make in India’ shipments from Apple grew 65 per cent (on-year) by volume and 162 per cent by value, taking the brand’s value share to...

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Digital Lending Platform Loantap Acquires Unofin

New Delhi, March 29 : Digital lending platform LoanTap on Wednesday said it has acquired Unofin, a healthcare-focused fintech startup, for an undisclosed sum. With this acquisition, LoanTap aims to...

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China Spent $240 Bn On 20 Countries In Rescue Lending

By Sanjeev SharmaNew Delhi, March 28 : China has developed a system of “Bailouts on the Belt and Road” that helps recipient countries avoid default, and continue servicing their BRI...

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Rs 158 Crore Direct Tax Collected In Current Fiscal Through Tds On Crypto Assets

New Delhi, March 28 : Direct tax collected by way of tax deducted at source (TDS) on payments made upon transfer of virtual digital assets (VDA) aggregated to Rs 157.9...

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Approximately 11,000 Mt Of Wheat Procured In Current Rabi Season: Fci Chief

New Delhi, March 28 : Procurement of wheat for Rabi marketing season 2023-24 has been to the tune of 10,727 metric tonnes till March 27 as compared to nil procurement...

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Indian Goods And Services Exports Set To Cross $760 Bn In 2022-23: Piyush Goyal

New Delhi, March 28 : Indian goods and services exports are set to cross the $760 billion mark in the current fiscal, commerce minister Piyush Goyal said on Tuesday. Addressing...

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G-20 Delegates Visit Mumbai\'s Glittering Diamond Hub

Mumbai, March 28 : The Indian diamond industry played host to the G-20 Trade and Investment Working Group at the worlds largest diamond hub, the Bharat Diamond Bourse (BDB) in...

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Realme Bumps Up India Hiring, Madhav To Still Look After India Strategy

New Delhi, March 28 : As realme’s Madhav Sheth accepts the new role of VP for Business and Corporate Strategy (Global), he would still look after the India market which...

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Licences Of 18 Pharma Companies Suspended Over Drug Quality

New Delhi, March 28 : In a major development, the Central government has suspended the licence of 18 pharma companies in the country over the poor quality of drugs. A...

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Jindal Steel In Nickel Pig Iron Jv With Indonesia\'s New Yaking

Chennai, March 28 : India’s stainless steel major Jindal Stainless Ltd (JSL) has inked a collaboration agreement with New Yaking Pte Ltd for development, construction and operation of a nickel...

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Indian Goods Exports Easier Due To Harmonisation Of Standards: Bis Chief

New Delhi, March 28 : With harmonisation of Indian standards with international standards such as ISO (International Organisation for Standardisation) and IEC (International Electrotechnical Commission), it has become convenient for...

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Air India Moves Forward On Integration Of Two Low-cost Subsidiary Airlines

New Delhi, March 28 : Moving forward on integration of its two low-cost subsidiary airlines, Air India Express and AirAsia India, the Air India Group on Tuesday announced a single,...

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India Expected To Be One Of The Major Beacons Of Economic Growth: Kpmg

Chennai, March 28 : India is expected to be one of the major beacons of economic growth in the calendar year 2023, driven by strong domestic demand and government expenditure,...

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Alibaba To Split Into 6 Business Units, Pursue Ipos

Beijing, March 28 : Chinese tech giant Alibaba on Tuesday said that it is planning to split the company into six business units, and each unit will explore fundraising or...

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877 Foreign Companies Ceased Their \'place Of Business\' In India Between 2014 & November 2021

New Delhi, March 28 : Total 877 foreign companies have ceased their ‘place of business’ in India between 2014 to November 2021. The Ministry of Corporate Affairs in a written...

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Focus On Wellbeing Significant To Cut Burn Out In Companies: Report

Mumbai, March 28 : Organisations that focused on the wellbeing of employees had a significant impact on reducing burnout, according to a report on Tuesday. The Workplace Wellness Index report,...

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Sc To Hear Vedanta\'s Plea To Carry Out Maintenance At Tuticorin Sterlite Plant

New Delhi, March 28 : The Supreme Court has said that it would begin hearing Vedanta’s plea to carry out maintenance work at its shut Sterlite plant at Tuticorin on...

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Ensure Adequate Competition And Minimise Vendor Lock-in, Says Cag Report

New Delhi, March 28 : A total of 12 prospective bidders purchased the RFP, but only one bidder participated in the bidding process for the selection of implementation agency for...

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Cloud Computing Firm Rackspace To Lay Off 4% Of Workforce

San Francisco, March 28 : US-based cloud computing company Rackspace Technology has said it would lay off about 4 per cent of its workforce globally amid tough macroeconomic conditions. According...

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Samsung Likely To Report Losses In Chip Business Amid Global Headwinds

Seoul, March 28 : Samsung Electronics is likely to report poor results in its chip business next month, analysts said, as the ongoing global economic challenges that have resulted in...

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India\'s Tech Sme Sector Revenue To Reach $40 Bn By Fy30: Report

New Delhi, March 28 : The Indian tech small and medium-sized enterprise (SME) sector revenue is likely to grow in double digits to reach $40 billion by FY30, a Nasscom...

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If Layoffs Accelerate In Next Few Months, A Recession \'will Be Underway\'

San Francisco, March 28 : A recession in 2023 appears inevitable and layoffs in tech and finance will spread to other sectors, especially amid the great banking breakdown, media reports...

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Github Lays Off India Engineering Team, Over 140 Employees Hit (lead)

New Delhi, March 28 : Open source developer platform GitHub has laid off its entire engineering team in India, its second largest developer community after the US, which affected more...

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Deadline For Linking Pan With Aadhar Extended Till June 30

New Delhi, March 28 : In order to provide some more time to taxpayers, the date for linking PAN with Aadhaar has been extended to June 30. The earlier deadline...

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India To Become Largest Civil Aviation Market In Next Decade: Jyotiraditya Scindia

New Delhi, March 28 : Union Civil Aviation Minister Jyotiraditya Scindia said on Tuesday that India will become the largest civil aviation market in the next decade. He made the...

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\'37.5% Grantmakers Extend Non-financial Support To Partners, 62.5% Restrict Only To Financial Support\'

New Delhi, March 28 : Grants are an excellent way for emerging philanthropists to contribute to positive development outcomes by supporting implementing organisations, projects and causes that resonate with them.However,...

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Sc Dismisses Custom\'s Plea Claiming Overvaluation In Import Of Capital Goods By Adani

New Delhi, March 28 : The Supreme Court has dismissed the customs department appeal against Adani Power Maharashtra Ltd.(APML), Adani Power Rajasthan Ltd.(APRL) and others in alleged over-valuation of imported...

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\'life Insurers To Cut Costs To Grow Under New Tax Regime\'

Chennai, March 28 : The Indian life insurance sector should address the ‘elephant in the room’ – high direct and indirect costs- so that it can move out of the...

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Wind Industry Can Expect Record Installations By 2025: Report

New Delhi, March 28 : The wind industry can expect record installations in both onshore and offshore markets by 2025 with 680 GW of new capacity expected by 2027, said...

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Epfo Fixes 8.15% Interest Rate On Employees\' Provident Fund For 2022-23

New Delhi, March 28 : Retirement body employee provident fund organisation (EPFO) on Tuesday fixed 8.15 per cent interest rate on the employees’ provident fund for 2022-23. The decision was...

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