Billionaire and world’s richest person Elon Musk has announced the release of Grok 3, the latest version of his artificial intelligence chatbot. Grok 3 will be released on Monday night at 8 pm PT (Tuesday 9:30 am IST), Musk announced through a post on X, formerly Twitter. A live demo will accompany the release. Elon…
Food delivery platform Swiggy Food Marketplace’s CEO Rohit Kapoor shared numbers achieved by the platform on Valentine’s Day. As is common, the platform witnessed a surge in orders as more and more people looked to use the platform during their celebrations. A man ordered 9 cakes worth ₹25,335 on Valentine’s Day.(Representational image/Pixabay) In one of…
Feb 15, 2025 04:58 PM IST Images have been going viral online, allegedly showing the designs of the yet-to-be-launched iPhone 17 series. Tech expert Mark Gurman answers if its real The internet has become rife again with rumours of how the new iPhone 17 series phone by Apple will look. However, technology journalist and reviewer…
find manufacturers that offer In today’s fast-paced market, speed is a key factor in maintaining a competitive edge. Whether you’re a startup launching a new product or an established business aiming to meet consumer demand, finding manufacturers that offer fast production times is crucial. However, navigating the vast sea of suppliers and understanding which ones…
Italian prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros ($1.26 billion), two sources with direct knowledge of the matter said on Friday. FILE PHOTO: The logo of Amazon is pictured inside the company’s office in Bengaluru, India, April 20, 2018. REUTERS/Abhishek N. Chinnappa/File Photo…
Several companies in the US are silently burying their Diversity, Equity, and Inclusion (DEI) efforts, often not making any public announcements about it, Business Insider reported. US President Donald Trump points to a reporter and India’s Prime Minister Narendra Modi during a news conference in the East Room of the White House, Thursday, Feb. 13,…
Apple will launch a new product on February 19, CEO Tim Cook announced on X, teasing the arrival of what he described as the “newest member of the family.” In a post on the X social network, Cook shared a brief animation of a metallic Apple logo with the cryptic message, which caused a surge…
Feb 13, 2025 04:07 PM IST Elon Musk announced Grok 3, an AI chatbot expected to outperform existing models. Elon Musk said his upcoming Grok 3 Artificial Intelligence (AI) chatbot is a model, which will outperform everything else that’s been released so far, Bloomberg reported. This photograph taken on January 13, 2025 in Toulouse shows…
How do copper electronics contribute to energy efficiency? Copper electronics play a significant role in improving energy efficiency in various devices, including communication equipment like CB antennas, power systems, and smartphones. The unique properties of copper, particularly its high electrical conductivity, make it an essential material for optimizing energy use and ensuring the efficient operation…
Feb 12, 2025 10:59 PM IST The new Income Tax Bill 2025, which is likely to be tabled in the Parliament on February 13, aims to simplify the terminology used in tax laws in India. The Centre plans to table the new Income Tax Bill 2025 in the Parliament on February 13. The new bill,…
India has to prioritise green manufacturing and aggressive decarbonisation, especially in sectors like oil and gas, steel and cement, according to an EY-Parthenon report titled, ‘How green manufacturing is reshaping India’s industrial landscape’. Projections indicate that within the next 15 years, carbon dioxide emissions from three specific sectors alone could reach approximately 2 gigatons annually…
Feb 11, 2025 11:35 PM IST A man in UK’s South Wales is planning to buy a landfill in his 12-year-long pursuit to find Bitcoin worth ₹6,500 crore he had mistakenly thrown away. British IT worker James Howells is planning to buy an entire landfill in New Port in United Kingdom’s South Wales, The Guardian…
Feb 11, 2025 04:22 PM IST Ratan Tata is a well-known figure and his trademark deserves to be protected, the Delhi High Court has ruled. The Delhi high court ruled last week that late industrialist Ratan Tata, who was at the helm of Tata Group companies for decades, is a well-known figure and his trademark…
NEW DELHI: A total of 255 passengers were placed on the no-fly list over the last three years due to complaints of misbehaviour, quarrels and manhandling of crew members, minister of state for civil aviation Murlidhar Mohol said on Monday. Minister of state for civil aviation Murlidhar Mohol in the Lok Sabha during the Winter…
Benchmark indices Sensex and Nifty closed in the red today, marking the fourth consecutive session of decline. While Sensex closed nearly 550 points or 0.70% lower at 77,311.80, Nifty ended over 178 points or 0.76% lower at 23,381.60. Sensex and Nifty continued to bleed for the fourth consecutive session on Monday(Bloomberg) What led to the…
The income tax relief which the Budget 2025 provided, coupled with the Reserve Bank of India’s (RBI) repo rate cut will boost recovery in consumption in the economy, a report by news agency ANI quoted Finance Minister Nirmala Sitharaman as saying. Union Finance Minister Nirmala Sitharaman during an interview with PTI, in New Delhi, Sunday,…
Today Gold Rate: Gold rate increased on Sunday. The rate of 24 carat gold is ₹8684.3 per gm, up by ₹170.0. The rate of 22 carat gold is ₹7962.3 per gm, up by ₹160.0. Gold silver image The rate of 24 carat gold has changed in the last one week by -2.35%, whereas in the…
The Securities and Exchange Board of India (SEBI) has banned six entities connected to YouTuber and finfluencer Asmita Patel from the capital markets for allegedly running an unregistered investment advisory service, according to a report by news agency PTI. SEBI Bhavan at BKC Bandra in Mumbai.(PTI) Known for portraying herself as the ‘She Wolf of…
Mark Zuckerberg-led Meta is preparing to carry out its planned layoffs next week, with reports suggesting that the technology giant is firing 3,600 employees. Meta CEO Mark Zuckerberg,(AP file) According to a Reuters report, Meta told staffers in internal memo that it is pushing ahead with expediting the hiring of machine learning engineers. The notices…
Elon Musk has been applying Silicon valley’s “move fast and break things” approach to the US government, despite it being just around half a month since he has been heading the Department of Government Efficiency (DOGE). American views on DOGE leader Elon Musk’s influence on the Donald Trump administration have changed dramatically since the Republican…
Feb 07, 2025 03:25 PM IST The RBI in July had proposed that all banks should set aside an extra 5% ‘run-off-factor’ on digitally accessible retail deposits Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said that the implementation of a proposal that mandates lenders to set aside more funds for digitally-linked deposits…
NEW DELHI: US planemaker Boeing on Thursday said it will deliver 24 aircraft to Indian carriers in 2025, with plans to deliver more starting 2027. A Boeing 737 MAX aircraft is assembled at the company’s plant in Renton, Washington, US (FILE PHOTO/via REUTERS) “We will deliver two per month on average this year. This includes…
A young engineer who moved to Mumbai for work had an unexpected encounter with Shantanu Naidu, who is best known as industrialist Ratan Tata’s manager. Shantanu Naidu clicked a selfie with the Mumbai engineer. (LinkedIn/Shahrukh Khan) The engineer, whose name is Shahrukh Khan, shared a heartwarming note on how he mustered the courage to walk…
Feb 05, 2025 05:15 PM IST The company reported a consolidated loss of 7.99 billion rupees ($91.40 million) for the third quarter ended Dec. 31, India’s Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its grocery delivery business to compete with rivals Zomato and Zepto. FILE PHOTO: Swiggy…
Finance Minister Nirmala Sitharaman in the Budget 2025 announced that individuals earning up to ₹12 lakh would be exempt from paying income tax. Section 80CCD(2) allows tax deduction of up to 14% of basic salary invested in NPS, whilst the old tax regime offers 10%.(Representational Image/Pixabay) However, this no-tax simit for salaried individuals can be…
Former Nissan Motor Co. director Greg Kelly’s conviction was upheld by a three-judge panel. He was charged with helping former Chairman and CEO Carlos Ghosn to under-report his compensation, Bloomberg reported. This file picture taken on February 6, 2020 shows former Nissan executive Greg Kelly posing at his apartment in Tokyo.(Behrouz Mehri/AFP) Also Read: New…
Apple called a new pornography app on its App Store in the European Union (EU) a ‘danger to children’, claiming that digital rules there allowed it to reach the store. A 3D printed Apple logo is seen in front of a displayed European Union flag in this illustration taken September 2, 2016.(Dado Ruvic/Reuters) This comes…
Gold prices soared to a record high on Monday as investors turned to safe-haven assets following US President Donald Trump’s decision to impose tariffs on Canada, Mexico, and China, while also warning of potential levies on the European Union, news agency Reuters reported. The move intensified fears of rising inflation and its possible effects on…
OpenAI has revealed a new ChatGPT tool called “deep research,” which promises “find, analyze and synthesize hundreds of online sources to create a comprehensive report in tens of minutes vs what would take a human many hours” with just a prompt. OpenAI and ChatGPT logos are seen in this illustration taken, February 3, 2023. (Reuters)…
The Budget announcement of zero tax for earnings upto ₹12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said on…
In a major move to reduce the tax burden on the middle class, finance minister in her Union Budget 2025 speech, announced that no income tax will be payable for incomes up to ₹12 lakh under the new tax regime. Finance minister Nirmala Sitharaman and other officials outside the finance ministry ahead of the presentation…
When Dr Savita Joshi, 72, watched finance minister Nirmala Sitharaman announce the budget on her mobile phone in Indore, a sense of relief overcame her. “After my retirement in 2015, this is the first relief for pensioners in the Union Budget,” said Joshi. “This budget was made sensibly to give relief to middle class families…
Feb 01, 2025 01:52 PM IST Presenting Budget 2025-26, Finance Minister Nirmala Sitharaman said the FDI limit for the insurance sector will be raised from 74 to 100%. Finance Minister Nirmala Sithraman on Saturday proposed to raise the foreign investment limit to 100 per cent in the insurance sector as part of new-generation financial sector…
The Indian stock markets, typically closed on weekends, will remain open for trading this Saturday, February 1, when Finance Minister Nirmala Sitharaman presents the Union Budget for the eighth consecutive time. The stock markets sometimes remain open on Saturdays for special events like the Union Budget. (File)(PTI) A circular from the National Stock Exchange of…
Follow all the updates here: Jan 31, 2025 12:34 PM IST Budget 2025 expectations LIVE: Critical projects like Geographic Information Systems and space tech remain underfunded at the moment, Arahas Technologies CEO says Budget 2025 expectations LIVE: Saurabh Rai, CEO of Arahas Technologies said, “As India approaches the Union Budget, the nation faces a pivotal…
Jan 30, 2025 07:22 PM IST From February 1, NPCI will disallow special characters in UPI transaction IDs to standardise processes. This comes as UPI transactions hit record levels. Unified Payments Interface (UPI) transaction IDs will no longer be allowed to contain special characters from February 1, the National Payments Corporation of India (NPCI) announced….
Sridhar Vembu, who stepped down as the CEO of Zoho Corporation, set the record straight on speculation of him joining politics. Sridhar Vembu stepped down as the CEO of Zoro Corp. (Image via Twitter) “I heard there is a ‘news’ item going around about me joining politics. I burst out laughing when I heard this!”…
The US Federal Reserve, in an “unanimous” decision on Wednesday announced its move to keep the interest rate cuts unchanged in its first major decision under President Donald Trump’s second term. The US Fed said that economic activity has continued to expand at a solid pace. (AP) The move is expected to create some tension…
DeepSeek has been the biggest buzzword on the internet in recent days as the Chinese artificial intelligence (AI) startup triggered a global selloff in tech stocks with its free AI assistant. Bhavish Aggarwal’s Krutrim was called out for giving several inaccurate responses to users’ prompts. (PTI) DeepSeek launched thefree AI assistant last week that the…
The Chinese artificial intelligence firm DeepSeek has rattled the US market with claims that its latest AI model, R1, performs on a par with those of OpenAI, with many users flocking to test the rival of ChatGPT. Deepseek and ChatGPT app icons are seen in this illustration taken on January 27, 2025. (REUTERS) DeepSeek’s emergence…
The NDA government led by Prime Minister Narendra Modi has not made any major changes to the personal income tax laws since it took office in May 2014, much to the disappointment of many taxpayers. However, it did introduce a new simplified tax regime and for those staying with the old tax regime, it halved…
Chinese artificial intelligence (AI) startup DeepSeek on Monday led to slump in technology shares across the world. Its free open-source AI model, DeepSeek-R1, shook investors’ faith in the AI sector’s demand for high-tech chips. Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, US.(Bloomberg) According to a Reuters report,…
Stock Market Crash Today: The stock market crashed in the early trading session on Monday, January 27, 2025, with media, mid and small cap healthcare, and mid and small cap IT & Telecom stocks falling the most. Stock Market Crash Today: The BSE Sensex and NSE Nifty 50 plummeted during the early trading session At…
Tausif Riyaz, the CEO of Platinum Hern, the company behind the controversial Torres Jewellery brand, was arrested by Mumbai Police’s Economic Offences Wing (EOW) on Sunday in connection with a multi-crore Torres Ponzi scam. Riyaz was caught at a hotel in Lonavala after being on the run for several weeks after the scam came to…
As finance minister Nirmala Sitharaman prepares to present her eighth consecutive Union budget, common folks seared by high prices of food items, particularly vegetables, are looking for some relief. Households with limited income were particularly hurt as wages and salaries did not keep pace with rising inflation. Additionally, there are not enough jobs available for…
A 14.95 per cent hike in fares of the buses operated by Maharashtra State Road Transport Corporation (MSRTC) came into operation on Saturday. On Saturday, the Maharashtra State Road Transport Corporation (MSRTC) implemented a 14.95 percent increase in bus prices.(Praful Gangurde /HT Photo) Maharashtra State Road Transport Corporation on Friday approved the hike as per…
Today Gold Rate: Gold rate increased on Saturday. The rate of 24 carat gold is ₹8260.3 per gm, up by ₹350.0. The rate of 22 carat gold is ₹7573.3 per gm, up by ₹320.0. Gold silver image 24 carat gold’s rate has changed in the last one week by -1.2%, whereas in the last month…
Hayato Kawamura, 38, from Osaka, Japan, has gained significant attention online for earning 140 million yen ( ₹8.2 crore) by renting out 200 old and neglected homes. His unique approach to real estate investment, backed by years of learning and passion, has made him a standout figure in the property market. At the age of…
The Union Budget 2025 may prioritise agriculture, with the government increasing its spending on the sector by 15% to about $20.2 billion ( ₹1.75 lakh crore), news agency Reuters reported, citing two unnamed government sources. Union Budget 2025: Workers plant paddy in the fields in Wayanad district of Kerala(Courtesy Rajesh Krishnan) HT couldn’t independently verify…
Jan 23, 2025 08:54 AM IST Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla. JPMorgan CEO Jamie Dimon recently praised Elon Musk during a conversation with CNBC at the World Economic Forum in Davos, Switzerland. Referencing Musk’s efforts…
Jan 22, 2025 05:48 PM IST Here’s everything you need to know about Gautam Adani’s daughter-in-law, Jeet Adani’s fiance, Diva Jaimin Shah who will part of Adani family on February 7. The Adani family, one of the richest families in India, announced the marriage date of their youngest son, Jeet Adani, while attending the sacred…
여성 파트타임 일자리 면접을 준비하려면 어떻게 해야 하나요? 여성들이 파트타임 일자리를 구하기 위해 면접을 준비하는 것은 중요한 과정입니다. 특히, 밤알바나 유흥알바, 룸알바와 같은 직종에서는 면접에서의 첫인상이 매우 중요한 역할을 합니다. 2025년도 밤알바퀸과 같은 사이트에서는 여성들이 자신의 경력과 능력을 잘 표현할 수 있도록 최신 구인 정보를 제공하고 있으며, 면접 준비에 필요한 유용한 팁도 함께 공유하고 있습니다….
Jan 22, 2025 12:06 AM IST Finance Minister Nirmala Sitharaman will present the Union budget for FY 2025-26 on February 1, setting a record for the most consecutive budgets presented. Finance Minister Nirmala Sitharaman will create a record of presenting the highest number of consecutive Union budgets on February 1. The budget for the financial…
Gold prices surged to over a two-month high on Tuesday as the U.S. dollar weakened, while the yellow metal was also supported as investors flocked towards it amid uncertainty surrounding Donald Trump’s trade policies. As the U.S. dollar declined, gold prices rose to more than a two-month high on Tuesday. Investors rushed to the yellow…
Intrusion Detection System in Information Security In information security, an intrusion detection system is a software application that monitors network traffic or systems for malicious activity. It looks for suspicious patterns or activity that may indicate an attack and generates alerts for further investigation by security personnel. An IDS is often combined with an intrusion…
Billionbrains Garage Ventures Pvt. Ltd, the parent company of financial services platform Groww Invest Tech Pvt. Ltd, could file for an Initial Public Offering (IPO) this year, Bloomberg reported. Groww is also backed by Microsoft’s Chief Executive Officer Satya NadellaPeak XV Partners, formerly known as Sequoia Capital India & Southeast Asia, Ribbit Capital and Tiger…
NEW DELHI: India on Monday lifted curbs on sugar export, allowing millers to ship one million tonnes of the sweetener till September this year as forecasts predict robust harvests. FILE PHOTO: A worker arranges sugar bags in a net to load them onto a cargo ship at the Deendayal Port in Kandla in Gujarat. (REUTERS)…
Information Technology Security Address Phishing Attacks information technology security (InfoSec) is the practice of protecting information systems, devices and networks from unauthorized access, data corruption or theft throughout their lifecycles. This includes physical security of hardware and storage devices, logical security of software applications and organizational policies and procedures. In addition, information security includes incident…
8th Pay Commission: The government has recently approved the formation of the 8th Pay Commission to revise the salaries of lakhs of central government employees and pensioners, with Union Minister Ashwini Vaishnaw suggesting its recommendations will come into effect on January 1, 2026. 8th pay commission: Union Minister Ashwini Vaishnaw suggested the new commission’s recommendations…
China’s electric vehicle major BYD is keen to have manufacturing operations in India as soon as ‘all factors’ suggest a ‘go ahead’ and the plan is under constant evaluation, according to a top official of the company’s Indian arm. According to a top executive of the company’s Indian branch, China’s electric car giant BYD is…
Ahead of his inauguration as President on January 20, Donald Trump has shaken up the cryptocurrency market with the announcement of the $TRUMP meme coin. In a post on X, Trump introduced the coin as his “official Trump meme.” (Donald Trump/X) In a post on X, Trump introduced the coin as his “official Trump meme.”…
The government, in the ensuing Budget session of Parliament, is likely to introduce a new income tax bill which seeks to simplify the current I-T law, make it comprehensible and reduce the number of pages by about 60 per cent. The administration is anticipated to present a new income tax bill in the next budget…
Billionaire Elon Musk on Friday met a delegation of leading Indian business figures at his SpaceX Starbase facility in Texas and said that India-US ties are “trending positive” in his opinion, adding that he backs an enhanced trade partnership between the two nations. Elon Musk speaks as part of a campaign town hall in support…
NEW DELHI: India said on Friday it is in touch with Washington to clarify issues related to the impact that the latest US sanctions on Russian oil producers, service providers and oil-carrying vessels could have on Indian companies. On January 10, the US treasury department imposed sweeping sanctions on two oil producers, 183 vessels and…
Jan 17, 2025 06:25 AM IST The 9,126-square-foot house has five bedrooms and was renovated in 2018. A suburban Chicago house made famous by the movie Home Alone was sold for $5.5 million in a rare deal that closed above the asking price. The house becomes a tourist attraction during the holidays, when fans of…
Realme launched the Realme 14 Pro series on Thursday, January 16, 2025. It claims to be the world’s first cold-sensitive and colour-changing smartphone, developed in collaboration with Nordic design studio Valeur Designers. The Realme 14 Pro series have been launched on January 16.(Realme) The range includes the Realme 14 Pro 5G and Realme 14 Pro+…
Hindenburg Research’s founder Nathan Anderson said he would disband the firm whose reports sparked heavy short-selling by investors and investigations by authorities, wiping billions from the market values of companies including India’s Adani Group and US-based Nikola. Researcher Nate Anderson of Hindenburg Research disrupts short-selling norms in 2023, impacting billionaire portfolios and market values.(Twitter) Nathan…
Jan 15, 2025 05:18 PM IST Among the most anticipated changes is the introduction of double-tap reactions, which allow users to quickly respond to messages with just a tap. WhatsApp has ushered in the new year with a range of exciting updates aimed at enhancing user experience. The mobile bus tour will cover key business…
Jan 14, 2025 07:52 PM IST However, LinkedIn users criticised Sonica Muraleedharan, with many saying they understand she has a “compulsion” to put out such a post. Larsen & Toubro lead HR Sonica Muraleedharan has strongly defended chairman SN Subrahmanyan, who is facing criticism over his recent “90-hour work week” statement. L&T chairman SN Subrahmanyan…
Jan 14, 2025 04:50 PM IST DGCA said during its inspection, the airline was found to be accepting electronic devices containing lithium batteries without proper checking or verification of battery power NEW DELHI: The Directorate General of Civil Aviation (DGCA) has issued a warning to Akasa Air after an annual surveillance inspection in Ahmedabad on…
Investments worth nearly ₹25 lakh crore in market valuation have been lost in the past four days of a severe drubbing in the equity market. A share broker reacts as Sensex and Nifty prices plummet in Kolkata. (ANI/File Photo) The market capitalisation of the Bombay Stock Exchange (BSE)-listed firms dropped to ₹4,17,05,906.74 crore ($4.82 trillion),…
Jan 13, 2025 02:40 PM IST Budget 2025 date and time: Finance Minister Nirmala Sitharaman will be presenting her eighth consecutive Union Budget in a row. Budget 2025 date and time: The Union Budget 2025 or the second full budget of Modi 3.0 is scheduled to be presented by Finance Minister Nirmala Sitharaman, marking her…
Evolving into the industry’s leading business-to-business (B2B) platform company for the global technology ecosystem, Ingram Micro Holding Corporation (NYSE: INGM) announced the promotion of globally recognized business and digital leader Sanjib Sahoo to President of Ingram Micro’s Global Platform Group. As President of the Global Platform Group, Sanjib Sahoo leads all aspects of platform strategy…
As the debate over Larsen & Toubro (L&T) Chairman SN Subrahmanyan’s pitch for a 90-hour work week heats up, many corporate leaders and CEOs have offered their responses to the chairman’s comments. Serum Institute CEO Adar Poonawalla responded to Anand Mahindra remarks on a 90-hour work week.(REUTERS) In a video circulating on Reddit, Subrahmanyan had…
Industrialist Anand Mahindra offered a rare glimpse into his approach to social media and work-life balance. Known for his engaging posts and sharp insights on X (formerly Twitter), Mahindra shared how he balances his online presence with his professional and personal life. Anand Mahindra shared that he uses social media as a powerful business tool…
Punjab & Sind Bank, the lead lender of Supertech Township Projects, has rejected the settlement proposal and NCLAT will now take a final decision on the insolvency of the debt-ridden realty firm. Outside view of a building belonging to Supertech in Noida(Sunil Ghosh/Hindustan Times) Counsel representing Ram Kishore Arora, the suspended director of the realty…
Foxconn, a key Apple manufacturing partner, has halted new worker rotations for Chinese workers to its factories in India and started sending in Taiwanese workers instead, Rest of World reported quoting sources. The delays primarily affect Foxconn’s iPhone assembly plants in Tamil Nadu and Karnataka.(Reuters) The shipments of critical manufacturing equipment that were meant to…
Jan 10, 2025 12:46 PM IST The Central Board of Indirect Taxes and Customs (CBIC) may consider giving an extension for filing GST after the online portal was temporarily down The Central Board of Indirect Taxes and Customs (CBIC) may consider giving an extension for filing Goods and Services Tax (GST) after the online portal…
Apple clarified on Wednesday that it has never sold the data collected by its Siri voice assistant or used it to create marketing profiles, just days after settling a case in which it faced such accusations. Apple denied claims of Siri violating user privacy after they settled a lawsuit last week worth $95 million(REUTERS) The…
Tata Consultancy Services Ltd (TCS), India’s largest information technology (IT) company, is set to release its third quarter results for the financial year 2024-25 on Thursday, January 9. TCS’ ₹15000-crore 4G deal with BSNL involves the setting up large data centres.(Bloomberg) The following are the expected results for the IT giant, according to an Economic…
Amid a rise in competition in delivery apps, food and grocery delivery platform Swiggy has launched a separate application, promising food delivery in 15 minutes. Swiggy delivery bags are stored inside a truck Mumbai, India, October 14, 2024.(Reuters) The application, Snacc, was launched on January 7 and is available in select parts of Bengaluru only,…
Mahindra has announced the prices for its new electric SUVs – the BE 6 and XEV 9e – at its Unlimited India Tech Day in Pune on Tuesday. Both the Mahindra XEV 9e and BE 6 models were originally revealed at the Unlimit India event, which was held on November 26, 2024.(Mahindra) The announcement comes…
China’s Shandong Port Group issued a notice on Monday banning U.S.-sanctioned oil vessels from calling into its ports on the country’s east coast, three traders said. On Monday, the Shandong Port Group in China sent out a warning prohibiting oil boats authorised by the United States from docking at its ports on the east coast…
The Pradhan Mantri Svanidhi Yojana (PM Svanidhi Yojana) scheme, first introduced in 2020 to support businesses affected by the COVID-19 pandemic, allows small traders and street vendors to avail a loan with an Aadhar card, without guarantee. Traders can apply for the PM Svanidhi scheme in a government bank using their Aadhar card, which is…
Finance Minister Nirmala Sitharaman on Monday concluded month-long consultations with various stakeholders, including representatives of the industry and social sectors, as part of the budget preparation exercise. Finance minister Nirmala Sitharaman has concluded the eighth pre-budget consultation with stakeholders for the upcoming Union Budget 2025-26(Ministry of Finance – X) The consultations started on December 6,…
Stock market crash: The Indian stock market experienced a crash during the morning trading session as banking and metal stocks fell on Monday, January 6, 2025. Stock market crash: People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters) At 11:55 am IST, the…
A Chinese hack compromised even more U.S. telecoms than previously known, including Charter Communications, Consolidated Communications and Windstream, the Wall Street Journal reported late on Saturday, citing people familiar with the matter. A Chinese hack into US telecom firms has been reported to be larger in scope than previously known(REUTERS) Hackers also exploited unpatched network…
OYO, a prominent travel and hotel booking platform, recently introduced a new check-in rule for its partner hotels, starting in Uttar Pradesh’s Meerut, which will be effective this year. Unmarried couples will no longer be allowed to check-in to Oyo hotels.(REUTERS) According to the updated guidelines, unmarried couples will no longer be allowed to check-in,…
Former Infosys CEO Vishal Sikka met with Prime Minister Narendra Modi at his residence on Saturday for “a detailed and wide-ranging discussion” on artificial intelligence. Former Infosys CEO Vishal Sikka meets Prime Minister Narendra Modi. (@vsikka/X) “It was a privilege to meet the Hon. Prime Minister Sh. Narendra Modi for a detailed and wide-ranging discussion…
Apple CEO Tim Cook will donate $1 million from his wealth to US President-elect Donald Trump’s inauguration fund ahead of his swearing-in on January 20, reported Axios. Chief Executive of Apple, Tim Cook, during a visit to the firm’s UK headquarters in London. (File image)(AFP) Tim Cook’s decision to donate follows several high-profile financial donations…
Union minister Piyush Goyal on Friday said quick commerce giant Blinkit will have to ensure it meets legal requirements for its recently started 10-minute ambulance service and that the company adheres to “the law of the land”. Blinkit aims to expand to all major cities over the next two years.(X/@albinder) After daily essentials and other…
The stock market opened in the red on Friday, January 3. At 9:30am, the benchmark BSE Sensex down by 248.13 points or 0.31%, reaching 79,695.58. People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020(Francis Mascarenhas/Reuters) Meanwhile, the broader NSE Nifty was down by 57.45 points or 0.24%, reaching 24,131.20….
Jan 02, 2025 09:10 PM IST The average daily transaction count during December was 539.68 million, up from 516.07 million in November. Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a growth of 8 per cent over the preceding month, according to data released by the National…
Bitcoin’s record rally fizzled out towards the end of 2024, dropping for the first time since August of that year, Bloomberg reported. The cryptocurrency’s price dropped 0.55% or by $513.65, reaching $93,200.38, according to Bloomberg data.(Alexander Nemenov/AFP) The cryptocurrency’s price dropped 0.55% or by $513.65, reaching $93,200.38, according to Bloomberg data. Also Read: Top 10…
New Delhi: Air India, which added 100 new aircraft to its order book towards the end of 2024, is set to see major expansions and increase its global coverage in 2025, the airline’s chief executive officer Campbell Wilson said on Wednesday. Air India CEO Campbell Wilson. (Reuters) In his New Year greetings, Wilson said that…
Google’s CEO Sundar Pichai said that the company will see 2025 as a defining year due to the rapid evolution of artificial intelligence (AI) in a strategy meeting held in California on December 18, CNBC reported. Google CEO Sundar Pichai testifies during a House Judiciary Committee hearing on Capitol Hill.(Saul Loeb/AFP) He urged the employees…
The National Payments Corporation of India (NPCI) has removed the user limit for onboarding on WhatsApp Pay, effective immediately. According to a statement from NPCI, WhatsApp Pay can now offer UPI services to its entire user base in India. WhatsApp Pay will continue to adhere to all existing UPI guidelines and circulars for Third-Party Application…
Dec 31, 2024 08:29 AM IST Both the executives left Zepto at a time when the company was in the process of shifting its headquarters and employees to Bengaluru from Mumbai Quick commerce giant Zepto’s vice-president of central operations, Jitendra Bagga, has resigned after nine months with the company, becoming the second top-level executive to…
Billionaire Gautam Adani recently opened up about his views on work-life balance in an interview with the news agency IANS. Sharing a personalised take, Adani said, “If you enjoy what you do, then you have a work-life balance. Your work-life balance should not be imposed on me, and my work-life balance shouldn’t be imposed on…
Dec 30, 2024 07:25 AM IST The Bitcoin rally sparked by US President-elect Donald Trump’s election victory in early November is stalling as 2024 draws to a close. The Bitcoin rally sparked by US President-elect Donald Trump’s election victory in early November is stalling as 2024 draws to a close. As 2024 comes to an…
Dec 29, 2024 02:01 PM IST Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire. Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire. After his oil trading empire collapsed, former tycoon Lim Oon Kuin…
Dec 29, 2024 08:27 AM IST “That’s some score,” an X user wrote while congratulating the Indian-origin CEO on meeting with PM Modi. Aravind Srinivas, co-founder and CEO of a billion-dollar AI company, Perplexity AI, took to X to share about meeting India’s Prime Minister Narendra Modi. “Had the honour to meet Prime Minister Narendra…
Italy’s parliament on Saturday approved the 2025 budget, aiming to both appease EU demands to lower the eurozone nation’s deficit and honour Prime Minister Giorgia Meloni’s pledge to cut taxes. Giancarlo Giorgetti, Italy’s finance minister, speaks during a World Savings Day event in Rome, Italy, on Tuesday, Oct. 31, 2023(Alessia Pierdomenico/Bloomberg) Over half of the…
Aviation safety regulator Directorate General of Civil Aviation (DGCA) on Friday ordered the suspension of Akasa Air’s two senior executives for six months due to alleged lapses in pilot training. Akasa Air in a statement said, ‘We will continue to work with the DGCA and comply accordingly.'(Representational Image) The suspension was issued against Akasa Air’s…
Dec 27, 2024 05:22 PM IST In October 2023, Elon Musk had offered Wikipedia $1 billion, but on a condition. That it should change its name for a year at minimum Elon Musk said his offer of giving a billion dollars to Wikipedia in return for the website to change its name for a year…
Dec 27, 2024 12:17 AM IST Industry leaders mourn the death of former PM Manmohan Singh, praising his role in shaping modern India and his contributions to the 1991 economic reforms. Former prime minister Manmohan Singh was the architect of economic reforms, shaping modern India, opened its doors to the world with intellect, grace, and…
A series of both private and public banks are offering interest rates between 6.80 and 7.40% on fixed deposits (FDs) of amounts less than ₹3 crore and for a tenure of five years. This interest is calculated at quarterly compounding intervals on Term Deposits and paid at the rate decided by the bank depending upon…
Popcorn sold in movie theatres in loose form will continue to attract GST at the same 5% as they do at restaurants, news agency PTI reported. Netizens troll Centre over popcorn tax slabs However, when popcorn is clubbed and sold together with the movie ticket, it would be treated as a composite supply and taxed…
A former comedian and an ex-Goldman Sachs Group Inc. analyst will be offering investment advice for a Japanese equity fund that will be launching in January, according to a report by Bloomberg. Comedian-turned-investor Toshiya Imura speaks during an interview with Reuters in Tokyo, Japan December 3, 2024(Kim Kyung-Hoon/Reuters) This fund will be run by a…
Business News Live: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on December 25, 2024: BSE Sensex and NSE Nifty50 failed to sustain opening gains and ended in red after a volatile session on Tuesday. Business News LIVE Updates Today: Follow for stories on Bill…
Dec 24, 2024 11:32 AM IST Most of the establishments will remain closed on Christmas day with people getting a midweek break. But that is not necessarily true for Christmas eve. Christmas is a bank holiday in every state and union territory of the country, according to the Reserve Bank of India. But are the…
The Xiaomi Internet Partner Conference was held in the national capital on December 16. During the event, top developers, advertisers, and industry leaders from the digital ecosystem gathered to explore opportunities for shopping a sustainable and open ecosystem. Top developers, advertisers, and industry leaders from the digital ecosystem gathered to explore opportunities for shopping a…
Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of ₹400 crore. The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024(Amit Dave/Reuters) “Adani Defence Systems & Technologies…
Business News Live: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on December 23, 2024: Republican presidential candidate former President Donald Trump speaks at the Bitcoin 2024 Conferenc, July 27, 2024, in Nashville, Tenn. Business News LIVE Updates Today: Follow for stories on Bill Gates,…
Amazon Prime Video is doing what Netflix has already done; Bring password-sharing rules to India from 2025. The Amazon Prime Video streaming app is seen (AP) According to the new rules, users will be able to log in to their accounts from a maximum of 5 devices which includes only up to two TVs, according…
OTTplay, India’s OTT super app and leading OTT aggregator, has announced their partnership with Bharat Sanchar Nigam Limited (BSNL), one of India’s leading telecommunications providers to make digital entertainment more accessible to BSNL subscribers. In a first-of-its-kind initiative, BSNL’s Intranet TV (BiTV) brings over 300 live TV channels, including premium channels, to mobile users in…
Data analytics is a profession high in demand that could pay six-figure salaries without requiring a traditional college degree, according to a Moneycontrol report which cited Lisa Gevelber, Vice President at Google and founder of the Grow With Google program. Data analysts identify trends from raw data and interpret them to create insights which can…
Dec 20, 2024 10:50 PM IST The RBI conducted an inspection of IndusInd Bank as of March 31, 2023, and issued a notice regarding certain savings deposit accounts. A penalty of ₹27.30 lakh has been imposed on IndusInd Bank for non-compliance with certain provisions of norms related to ‘interest rate on deposits’, the Reserve Bank…
Indian stocks edged lower on Friday, dragged down by declines in IT and financial sectors, as investor concerns persisted over the Federal Reserve’s forecast of fewer interest rate cuts next year, prompting a wave of foreign fund outflows. The BSE Sensex closed 1,176 points lower at 78,041.59, and the NSE Nifty slipped 1.52 per cent…
Business News Live: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on December 20, 2024: Mexican Finance Minister Rogelio Ramirez de la O and Victoria Rodriguez Ceja, head of Mexico’s central bank at an event hosted by the nation’s main stock exchange in Mexico City,…
Kia Syros launched: Kia India unveiled its all-new compact premium SUV, the Syros, in a global debut on Thursday in New Delhi. Bookings for the Syros will open in early February 2025, with the company anticipating strong interest from buyers in the competitive Indian market. Kia Syros launched: Bookings for the new SUV will open…
Dec 19, 2024 03:12 AM IST The Toronto Stock Exchange’s S&P/TSX composite index ended down 562.71 points, or 2.2%, at 24,557.00, its lowest closing level since November 5. Canada’s main stock index posted its biggest decline in 10 months on Wednesday, with the technology sector pacing broad-based declines, as the Federal Reserve signaled a slower…
Dec 18, 2024 03:00 PM IST The newly announced special fares provide students a discount up to 10 per cent on base fares on all flights, 10kg extra baggage allowance among other benefits Air India has introduced discounted fares and special benefits for all students above the age of 12 travelling on domestic and international…
President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that US officials believe pose national security risks. President Joe Biden speaks during a Hanukkah reception in the East Room of the White House in Washington,…
Indian stock markets opened lower on Tuesday, December 17, with the equity benchmark indices Bombay Stock Exchange (BSE) Sensex and National Stock Exchange (NSE) Nifty slipping, for which cautious investor sentiment was cited as the reason owing to the upcoming US Federal Reserve’s interest rate decision. FILE PHOTO: The headquarters of India’s HDFC Bank is…
Dec 16, 2024 02:41 PM IST Vishal Mega Mart IPO: The public issue was open for bidding from December 11-13. Vishal Mega Mart IPO: The allotment of shares for ₹8,000 crore initial public offering (IPO) of Vishal Mega Mart is expected to be finalised on Monday. Investors who applied for the IPO will receive alerts,…
Dec 16, 2024 01:23 PM IST Food inflation eased to 8.63% in November from 13.54% in October, driven by a decrease in vegetable prices Wholesale price inflation eased to 1.89 per cent in November, as prices of food items, especially vegetables turned cheaper, as per the government data released on Monday. A farmer carrying vegetables…
Dec 15, 2024 03:04 PM IST Taxpayers must pay advance tax by December 15, 2024, but if it falls on a Sunday, they can pay on December 16 without penalties. The advance tax payment deadline for the fiscal year 2024–2025 is December 15, 2024. Firms, freelancers, and salaried workers must complete their tasks by this…
Dec 15, 2024 01:46 PM IST 55-year-old Lisa Su was named Time’s 2024 CEO of the Year. After becoming CEO in 2014, she had drastically grown her company, Advanced Micro Devices (AMD). Lisa Su, the CEO of chipmaker Advanced Micro Devices (AMD), recently revealed the work culture in her $210 billion company in an interview….
Banks will remain closed on the second and fourth Saturdays, all Sundays, and 17 days in December due to festivals. December 2024 bank holidays: The Reserve Bank of India (RBI) determines bank holidays for festivities.(ANI) The Reserve Bank of India (RBI) determines bank holidays for festivals; only banks in that state or area remain closed…
Dec 14, 2024 01:05 PM IST The government categorises agricultural credit, critical for farmers, who depend on it to meet cultivation costs, as priority-sector lending The Reserve Bank of India (RBI) has asked all banks to waive collateral, mortgage and any margin deposits against farm loans up to a limit of ₹2 lakh, the central…
Dec 13, 2024 09:56 PM IST The ‘One BLCK’ membership offers a range of exclusive benefits including food delivery, quick commerce, subscriptions and dining out. Online food ordering and delivery company Swiggy India on Wednesday unveiled its new ‘invite only’ premium membership, ‘One BLCK.’ According to the company, the new scheme is designed to cater…
Dec 13, 2024 11:46 AM IST Vishal Mega Mart’s $944 million IPO sees strong demand, indicating a robust equity capital market in India. Indian stocks are set for a muted start with other markets in the region trading lower. The Nifty 50 has had a somber week, setting itself for a weekly loss after gaining…
Dec 12, 2024 05:33 PM IST Microsoft is reportedly working on an update for its Phone Link app, trying to ensure transfer of files between the Windows PC and the iPhone is easier. Here’s good news for users who use both an Apple iPhone and a Windows PC. Microsoft is coming up with a new…
The government has raised concerns over the country’s slowing economic growth, which dropped to 5.4 percent in July-September, citing the gap between corporate profits, which have grown four-fold over the past four years and the stagnation of employee wages. Economic slowdown concerns rise as growth drops to 5.4%, with stagnant wages despite soaring corporate profits….
SpaceX and Tesla CEO, Elon Musk, has become the first person in history to reach $400 billion in net worth, after a recent insider share sale as well as the recent US elections results, reported Bloomberg. Elon Musk, CEO of SpaceX and Tesla, has become the first person in history to have a net worth…
Dec 11, 2024 11:09 AM IST This would make the Apple Watch Ultra the first mainstream smartwatch with a satellite technology. Apple is planning to bring a “texts via satellite” facility to Apple Watch Ultra 3, the company’s top-of-the-line smartwatch model which is due for a launch next year, Bloomberg reported. (FILES) An Apple Watch…
NEW DELHI: Global aviation body International Air Transport Association (IATA) on Tuesday said that it expects supply chain issues to continue to impact airline performance into 2025, raising costs and limiting growth. FILE PHOTO: A passenger aircraft descends to land at Heathrow Airport in London. (REUTERS) IATA, which represents about 340 airlines that comprise over…
Dec 10, 2024 12:36 PM IST Willow was created at Google’s new, state-of-the-art fabrication facility in Santa Barbara, CEO Sundar Pichai said. Google has unveiled ‘Willow,’ its latest quantum chip, with ‘state-of-the-art performances’ across various metrics. The Willow chip (Courtesy: Google) Sundar Pichai, CEO of Google and its parent firm Alphabet, wrote on X, “We…
A court in Australia has struck out a significant portion of a case filed by the Adani Group, calling some of the company’s claims as ‘inconsistent’ and ‘embarrassing’, Guardian reported. HT cannot independently verify this information. Adani Group’s case against environmental activist Ben Pennings all but thrown out.(AFP) The Queensland Supreme Court struck down portions…
As many as 15 initial public offerings (IPOs) are set to come up in December and early January, including those of large players such as LG LG Electronics India and Mobikwik. As many as 236 IPOs came between the financial years 2020-21 and 2024-25, with an average retail listing gain of 27% and 105% current…
Dec 08, 2024 06:56 PM IST Rishi Parti, a tech founder, has purchased an ultra-luxury penthouse in Gurugram’s DLF’s Camellias for ₹190 crore. An ultra-luxury penthouse in Gurugram’s DLF’s Camellias has been sold for ₹190 crore, making it one of the most expensive apartment deals in the country. The buyer is Rishi Parti, a businessman…
Meta has unveiled several new features for WhatsApp, aimed at improving the messaging experience and enabling more dynamic and interactive conversations. Among the most anticipated updates is the new Typing Indicator, which provides users with a clearer view of who is actively typing in both one-on-one and group chats. Among the most anticipated updates on…
Dec 07, 2024 01:48 PM IST India’s economy grew at 5.4% in the July-September quarter of FY25, the lowest growth in seven quarters. The State Bank of India (SBI) has projected India’s gross domestic product (GDP) would grow at 6.3% during the ongoing fiscal year (FY25), lower than the Reserve Bank of India’s (RBI) estimate…
The gold rate remained unchanged on Saturday. The price of 24 carat gold is ₹7807.3 per gram, with no variation. The price of 22 carat gold is ₹7158.3 per gram, also unchanged. Gold silver image Over the past week, the rate of 24 carat gold has fluctuated by 0.3%, while in the last month, it…
Dec 06, 2024 06:36 PM IST Contractors who score less than 70 out of 100 will be declared ‘non-performers’ and be ineligible to get new projects till their rating improves NEW DELHI: Private contractors engaged in building and maintaining national highways across India will be subjected to a performance-based rating system to enhance accountability and…
Today Gold Rate: Gold rate increased on Friday. The rate of 24 carat gold is ₹7807.3 per gm, up by ₹130.0. The rate of 22 carat gold is ₹7158.3 per gm, up by ₹120.0. Gold silver image 24 carat gold’s rate has changed in the last one week by 0.42%, whereas in the last month…
Dec 05, 2024 08:48 PM IST As of June 30, 2024, Vishal Mega Mart operates 626 stores across India, along with a mobile app and website. Vishal Mega Mart, a major supermart brand, is set to launch its ₹8,000 crore initial public offering (IPO) on December 11 for public subscription. According to the company’s red…
Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies. Bitcoin logos are displayed at the Inside Bitcoins conference and trade show on April 7, 2014, in New York. Bitcoin has topped the…
NEW DELHI: The Supreme Court on Wednesday granted bail to Haryana-based SRS group chairman Anil Jindal accused of committing fraud to obtain credit facilities to the tune of ₹770 crore. The Supreme Court directed Anil Jindal to provide a list of his bank accounts and immovable properties to the trial court (FILE PHOTO) A bench…
Zepto CEO Aadit Palicha joined the growing debate on work-life balance, seeming to suggest that he has “nothing against” the concept. However, a section of the internet believes his post is a subtle response to a viral Reddit post accusing Zepto of promoting a “toxic work culture”. Zepto’s 22-year-old CEO Aadit Palicha. His recent post…
NEW DELHI: The Lok Sabha on Tuesday passed amendments to the banking laws permitting account holders to propose up to four nominees either successively or simultaneously with their respective shares, which will make inheritance of bank deposits smooth and unambiguous. **EDS: VIDEO GRAB VIA SANSAD TV** New Delhi: Union Finance Minister Nirmala Sitharaman speaks in…
The gold rate experienced a decrease on Tuesday, with the price of 24 carat gold now at ₹7751.3 per gram, reflecting a decline of ₹650.0. The rate for 22 carat gold stands at ₹7106.3 per gram, down by ₹600.0. Gold silver image Over the last week, the rate for 24 carat gold has changed by…
NEW DELHI: The Centre has decided to update the base year for calculating India’s gross domestic product or GDP, the widest measure of national income, minister of state (independent charge) statistics and programme implementation Rao Inderjit Singh told Lok Sabha in a written reply on Monday. The Union government is also planning to conduct the…
The government is considering to relax security conditions for giving satellite communication licenses which number between 30 and 40, making it more likely for Elon Musk’s Starlink and Jeff Bezos’ Amazon Kuiper to offer satcom services in India. Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk during their meeting in New…
Dec 01, 2024 11:15 PM IST Millionaire Bryan Johnson, known for his age-reversing pursuits, joined Zomato CEO Deepinder Goyal in Mumbai to address an intimate audience. Age-reversing enthusiast millionaire Bryan Johnson and Zomato CEO Deepinder Goyal got together in Mumbai to address a small gathering Zomato CEO Deepinder Goyal hosted the chat session with Bryan…
Several key rule changes are set to be implemented from December 1, which will affect daily finances for people in India, including revisions to LP prices, credit card changes, Aadhar card updates and more. Several key rules changes are set to be implemented in the last month of 2024, including upgrades for SBI credit card…
Billionaire industrialist Gautam Adani on Saturday responded to allegations against him by the United States prosecutors, saying “every attack makes him stronger”. Addressing the 51st Gem and Jewellery Awards in Jaipur, the Adani Group chairperson said,”As most of you would have read less than 2 weeks back, we faced a set of allegations from the…
Nov 30, 2024 11:11 AM IST The repo rate was last hiked to 6.5% in February 2023 and has been kept unchanged for 10 consecutive monetary policy meetings since then. HDFC Bank estimates that the central Reserve Bank of India (RBI) would keep the repo rate steady at 6.5% in its final monetary policy committee…
The Securities and Exchange Board of India (SEBI) on Friday imposed a ₹9 lakh monetary penalty on Reliance Securities for “flouting market norms” and stock broker rules. According to a PTI report,the market regulator’s order came after National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) carried out a thematic onsite inspection of the books…
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will act as alternative trading venues to each other from April 1, 2025, in case of outages, the Securities and Exchange Board of India (SEBI) announced in a circular on Thursday. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will act…
Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday, after the group’s billionaire founder Gautam Adani was indicted by US authorities over an alleged $265 million bribery scheme. The ‘Adani House’ corporate building in Gurgaon on November 27, 2024. (AFP) Adani Group’s listed stocks,…
Coca-Cola unveiled three artificial intelligence-generated Christmas ads in the US, but they faced backlash and ridicule. The ads suffered from common flaws in AI-generated content, including distorted visuals, unsettling facial expressions, unnatural movements, and disproportionate features, leaving viewers unimpressed, Forbes reported. These new AI-made ads were created by three AI studios which were Secret Level,…
NEW DELHI: India’s growth in output of milk, eggs and meat, key protein items, has slowed during 2023-24 compared to the previous two fiscal years, although absolute total production has increased, pointing to lower productivity amid rising demand. The country produced 142.77 billion pieces of eggs during 2023-24, compared to 138.38 pieces in the previous…
Eric Schmidt, the former CEO of Google, raised concerns about the rise of the “perfect” AI (artificial intelligence) girlfriends or boyfriends. He warned that young people who are emotionally tied to AI chatbots for companionship could end being more lonely than ever, leading to dangerous consequences. A 14-year-old boy in the US shot himself to…
NEW DELHI: India’s milk output jumped by 3.78% to 239.30 million tonnes during 2023-24, as the country continued being the world’s largest producer, according to the government’s Basic Animal Husbandry Statistics 2024 released on Tuesday. India observes November 26 as the National Milk Day on the occasion of the birth anniversary of Verghese Kurien (REUTERS…
Shashikant Ruia, the co-founder of Essar Group, has passed away at the age of 80, the conglomerate announced on Tuesday. Essar Group co-founder Shashikant Ruia(Essar/X) Also Read: If you invested ₹10,000 in Bitcoin in 2010, it would now have become… Ruia had been suffering from a “prolonged illness” and died in Mumbai at around 23.55…
Amazon India will launch its quick commerce service named Tez by late December or early next year as it is set to join the booming sector, according to an Economic Times report. Smartphone with Amazon logo is seen in front of displayed Indian flag in this illustration taken, July 30, 2021.(Dado Ruvic/Reuters) HT couldn’t independently…
Today, the gold rate has experienced a decrease. The price of 24 carat gold is currently at ₹7980.3 per gram, reflecting a decline of ₹10.0. Meanwhile, the rate for 22 carat gold stands at ₹7316.3 per gram, also down by ₹10.0. Gold silver image Over the past week, the rate for 24 carat gold has…
Nov 24, 2024 04:14 PM IST Sanjiv Goenka is a billionaire business tycoon who has a net worth of $4 billion, according to Forbes. The IPL 2025 Mega auction is here and all the 10 teams are ready to lock horns for the players. Sanjv Goenka’s Lucknow Super Giants will be looking to overhaul their…
Nov 24, 2024 10:15 AM IST Business News Live: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on November 24, 2024: Gold silver image Business News LIVE Updates Today: Follow for stories on Bill Gates, Elon Musk, Mukesh Ambani, Gautam Adani as we bring you…
Nov 23, 2024 10:15 AM IST Business News Live: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on November 23, 2024: Gold silver image Business News LIVE Updates Today: Follow for stories on Bill Gates, Elon Musk, Mukesh Ambani, Gautam Adani as we bring you…
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China. India is now the world’s fourth-largest smart phone supplier.(Shutterstock) India’s electronic production has more than doubled…
Hindustan Times partnered with Imagine Fest for an art fair at the PSOI Club in Nehru Park situated in Delhi’s Chanakyapuri from November 8 to 10. The event was attended by renowned artists including Jatin Das. The festival’s lively yet intimate atmosphere also created a space for exhibitors to engage directly with passionate art lovers….
Ola Electric Mobility Limited is now planning to lay off more than 500 employees across various roles as part of a new restructuring exercise to try to become profitable, Moneycontrol reported citing unnamed sources. Ola Electric CMD Bhavish Aggarwal addresses the media during the announcement of the company’s forthcoming initial public offering (IPO), in Mumbai(PTI)…
Social platform Reddit was reportedly down for thousands of users in the United States on Thursday, according to outage tracking website Downdetector.com. Reddit logo is seen in this illustration.(Reuters) The outage comes a day after the platform rolled out an update to fix a software bug that prevented tens of thousands of people from accessing…
Adani Group shares plunged when the markets opened on Thursday, November 21, 2024, after the US Securities and Exchange Commission (SEC) announced it was pressing charges against Adani Group chairman Gautam Adani, Sagar Adani, and Cyril Cabanes, an executive of Azure Power Global Ltd in a bribery and fraud case. The US market regulator SEC…
The Adani Group plans to spend $2 billion to build Mumbai’s largest international convention centre (ICC) near the international airport that it also operates, according to a Mint report which cited two unnamed sources. HT couldn’t independently verify the information. The new Adani international convention centre would result in direct competition with Reliance’s Jio World…
Nov 19, 2024 04:21 PM IST Amazon’s AI-powered Alexa may launch in the US with several corporate partners handling tasks like ride-hailing, grocery shopping, and restaurant reservations Amazon’s new AI-powered Alexa may launch in the US with several corporate partners who can handle tasks for users such as ride-hailing, grocery shopping, and restaurant reservations, according…
NEW DELHI: Makers of lab-grown diamonds can’t market their gems using any term other than “synthetic diamonds” and statutory guidelines will soon be framed in this regard, a senior official said. FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales in Botswana in 2015 (REUTERS) The consumer affairs ministry…
The central government is likely to extend the term of RBI governor Shaktikanta Das, news agency Reuters reported, quoting sources aware of the development. If granted an extension, Das would become the longest-serving head of India’s central bank since the 1960s. Reserve Bank of India (RBI) Governor Shaktikanta Das. (File image)(REUTERS) Sources told Reuters that…
India’s unemployment rate in urban areas during July-Sept 2024 stood at 6.4%, compared to 6.6% in the same period last year, according to the government’s quarterly periodic labour force survey (PLFS) released on Monday. The unemployment rate for men stood at 5.7%, against 8.4% for women. (Representative file photo) The jobless rate among women, aged…
Business News Live: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on November 18, 2024: The siblings had purchased the domain from its previous owner who was a Delhi-based app developer Business News LIVE Updates Today: Follow for stories on Bill Gates, Elon Musk, Mukesh…
Tomato retail prices dropped by over 22 per cent in a month due to improved supply, according to a statement from the Department of Consumer Affairs on Sunday. Improved supply leads to 22% drop in tomato prices, Delhi mandi sees nearly 50% decline. (HT Photo) As of November 14, the average retail price of tomatoes…
Nov 16, 2024 09:20 PM IST The District application is available for iOS and Android users. Food-delivery platform Zomato has introduced ‘District,’ an app for dining services and ticket booking for a host of other events. Zomato’s “District” app “Today Zomato and Blinkit, our two large consumer businesses, serve customers’ needs at home. However, we…
Nov 16, 2024 04:21 PM IST Arshad Khan, a former Pakistani tea vendor whose photograph went viral in 2016, got a ₹1 crore Shark Tank investment for Chaiwala & Co, his tea brand Arshad Khan, a former Pakistani street tea vendor whose photograph went viral in 2016, got a ₹1 crore investment from Shark Tank…
Audi India head Balbir Singh Dhillon on Friday listed four factors that could lead to electric vehicles’ success in India. He also hailed the Narendra Modi government’s initiatives on electric vehicles. “They are customers, charging stations, policy and original equipment manufacturers,” Dhillon told Mint Editor-in-Chief Ravi Krishnan at the Hindustan Times Leadership Summit 2024. Audi…
Cred, the Bengaluru-based fintech platform led by Kunal Shah, is set to take on key financial players such as Zerodha and Groww with its subsidiary, Spenny, having applied for stock broking license, Moneycontrol reported. Cred has not officially commented on the news yet(X/@CRED_club) The application for the stock broking license was made by Cred through…
Guru Nanak Jayanti 2024, which is the birth anniversary of Guru Nanak, is being celebrated across the country on Friday, November 15. On the occasion, banks across several states are scheduled to remain closed. A bank holiday is declared in several states on Friday due to the annual celebration of Guru Nanak Gurupurab, which coincides…
Nov 14, 2024 07:32 PM IST Swiggy’s market cap had crossed ₹1 lakh crore on the day of the listing of shares on the stock exchanges. Shares of newly-listed food delivery and quick commerce major Swiggy declined nearly 6 per cent on day two of trading on Thursday. In this Tuesday, file photo, deliverymen of…
The deadline for filing income tax returns (ITR) for the financial year 2023-24 is November 15, 2024, specifically for taxpayers subject to an income tax audit and some other designated taxpayers, The Economic Times reported. This ITR submission is closely related to also submitting the tax audit report, with details in the report to be…
The ₹10,000-crore initial public offering (IPO) of NTPC Green Energy Limited (NGEL) will open up for subscription on November 19, 2024, with a price band of ₹102-108 per share. The company will use ₹7,500 crore from the IPO proceeds to repay debts of subsidiary NTPC Renewable Energy and the remaining for general corporate purposes(Representational Image/Pixabay)…
Business News LIVE Updates Today: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on November 13, 2024: Prabowo Subianto gestures. Business News LIVE Updates Today: Follow for stories on Bill Gates, Elon Musk, Mukesh Ambani, Gautam Adani as we bring you everything that is happening…
Bitcoin surged to nearly $90,000 over the last 24 hours, mostly driven by optimism about Donald Trump’s election win leading to crypto-friendly US government policies, according to a Reuters report. This comes after the cryptocurrency surged 9% to $88,570 over the last 24 hours, mostly driven by optimism about Donald Trump’s election win leading to…
Bitcoin’s record-breaking rally took the digital asset past $89,000 and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under President-elect Donald Trump. Donald Trump’s stance is a sharp break from a crackdown on the divisive industry by the Securities & Exchange Commission under President Joe…
A new research by the Boston Consulting Group (BCG) pegged India’s adoption of Artificial Intelligence (AI) higher than the global average. It also said Indian companies are maximising the use of emerging AI technologies. Global CEOs seek tangible returns from AI technology after years of investing, hiring talent, and launching pilot programmes. (Representative image)(REUTERS) The…
A new report has claimed that multinational food companies including Nestle, PepsiCo, and Unilever are selling lower quality products in low-income countries like India, reported Business Standard. HT cannot independently verify this information. Multinational food companies have been found selling lower quality products in low-income countries.(File Photo / REUTERS) In the global index published by…
Nov 10, 2024 07:07 PM IST Section of Air India pilots are reportedly upset as they might lose two years of service compared to Vistara, both owned by the Tata Group. A section of employees in Tata-owned Air India are upset over different retirement age limits compared to Vistara, news agency PTI reported. Air India…
Business News LIVE Updates Today: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on November 10, 2024: FEMA fires employee for telling other workers to avoid houses with Trump signs Business News LIVE Updates Today: Follow for stories on Bill Gates, Elon Musk, Mukesh Ambani,…
Nov 09, 2024 11:58 AM IST The Great Indian Kapil Show: This week, Deepinder Goyal and his wife, Grecia Munoz, will be on the show, along with Narayana Murthy and Sudha Murty. Moving away from his usual guests involving film stars and cricketers, host Kapil Sharma is ready to welcome renowned Indian entrepreneurs in the…
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