Archive Detail
| Title | Description | Posted Date |
|---|---|---|
| 59% of Indian employees say ready to emb | New Delhi, Dec 28 : Around 59 per cent of employees in India are confident in their ability to adapt and utilise artificial intelligence (AI) tools, indicating that there is likely to be widespread acceptance of AI at work next year, a report showed on Wednesday. | 27-Dec-2023 |
| Indians travel 64 mn kms in Uber EVs in | New Delhi, Dec 28 : Indians travelled 64 million kms in Uber EVs through the year, spending a total of 3.9 million hours and helping build a greener future, the ride-hailing platform said on Wednesday. | 27-Dec-2023 |
| RBI approves C.S. Rajan as part-time Cha | Mumbai, Dec 28 : Kotak Mahindra Bank said on Wednesday that the RBI has approved the appointment of C.S. Rajan, Independent Director of the bank, as the Part-time Chairman, for a period of two years with effect from January 1, 2024. | 27-Dec-2023 |
| CCEA okays Rs 2,487cr highway project fo | New Delhi, Dec 28 : The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given its approval for a Rs 2,486.78 crore project to widen and improve to two-lane the 135 km road from Khowai to to Harina on NH-208 in Tripura, an official said on Wednesday. | 27-Dec-2023 |
| From mirrorless lens to AI video analyti | New Delhi, Dec 26 : The imaging industry has revolutionized the way the world around us is captured and documented. Visual storytelling has never been more convenient owing to developments in technology such as mirrorless lenses, high-resolution sensors, and advanced image processors that are making inroads into both the consumer and professional segments of the Indian camera market. This is evident from the unceasing flow of basic image/video content on social media to the technical upgrades in the field of video journalism. India holds a strong position in the global media and film landscape due to this thriving industry that harnesses the power of modern camera technology with greater technical efficiency than ever before. | 26-Dec-2023 |
| Over 4.25 lakh tech employees lose jobs | New Delhi, Dec 26 : As generative AI threatens millions of jobs, tech companies globally are now sacking employees even in the holiday season (they had spared workers in 2021 and 2022 festive seasons amid the global meltdown and started layoffs only in the first month of the New Year). | 26-Dec-2023 |
| BharatPe logs 182% growth in revenue in | New Delhi, Dec 26 : Fintech major BharatPe on Tuesday said it has recorded 182 per cent growth in revenue in FY23 while EBITDA loss reduced by Rs 158 crore. | 26-Dec-2023 |
| Patent dispute: Apple Watch Series 9, Ul | San Francisco, Dec 25 : Apple has halted sale of its Watch Series 9 and Ultra 2 sales at its retail stores in the US and when Apple Stores reopen after Christmas, these two Watches will not be available for purchase. | 25-Dec-2023 |
| Climate change casts a shadow on agricul | New Delhi, Dec 25 : Climate change has emerged as a formidable challenge to sustainable agriculture as an erratic monsoon this year hit India’s farm output triggering a rise in food inflation which forced the government to take mitigation measures such as clamping down on exports. | 24-Dec-2023 |
| Air India receives India’s first Airbu | New Delhi, Dec 25 : The first ever Airbus A 350-900 aircraft, under the Air India flag, landed at Indira Gandhi International (IGI) airport on Saturday. | 25-Dec-2023 |
| Coal imports plunge 44% in current finan | New Delhi, Dec 25 : The Nifty 50 index is now trading at 23x FY24 and 20x FY25 consensus EPS, indicating limited upside potential in the next 12 months, says a report by HDFC Securities. | 25-Dec-2023 |
| Limited upside potential for Nifty in ne | New Delhi, Dec 25 : The Nifty 50 index is now trading at 23x FY24 and 20x FY25 consensus EPS, indicating limited upside potential in the next 12 months, says a report by HDFC Securities. | 25-Dec-2023 |
| Google agrees to pay $700 mn in Play Sto | New Delhi, Dec 19 : Google has agreed to pay $700 million to the US consumers and states in a settlement over Play Store reached in September. | 19-Dec-2023 |
| 'It's India's moment': Jaishankar at boo | New Delhi, Dec 19 : "After 75 years of Independence it is important to introspect more about foreign policy, because often we tend to think that the decisions which were taken, were the only decisions that could have been taken, which may not be entirely true. So, I think, this exercise of the roads not taken, then they need not be hypothetical. I think, it’s important to look back, keep refreshing, correcting ourselves… To get foreign policy right it’s important to look back, keep looking back, keep refreshing and keep correcting ourselves," said External Affairs Minister S. Jaishankar. | 19-Dec-2023 |
| S.Korea unhappy with France over exclusi | Seoul, Dec 19 : South Korea expressed regret to France on Tuesday over the exclusion of a locally produced electric vehicle (EV) of Kia Corp. from the list of automobiles eligible for subsidies in France, the industry ministry said. | 19-Dec-2023 |
| Finance Ministry allows states to borrow | New Delhi, Dec 19 : The Finance Ministry on Tuesday approved an additional borrowing of Rs 60,876.8 crore to 22 States in 2023-24 for contribution to the National Pension Scheme (NPS). | 19-Dec-2023 |
| GenAI has potential to add $1.2-1.5 tril | New Delhi, Dec 17 : Generative AI (GenAI) has the potential to add a cumulative $1.2-1.5 trillion to India's gross domestic product (GDP) over the next seven years, a new report showed on Sunday. | 17-Dec-2023 |
| India’s Public Cloud services market t | New Delhi, Dec 17 : The overall Indian Public Cloud services market is expected to reach $17.8 billion by 2027, growing at a CAGR of 22.9 per cent for 2022-27. | 17-Dec-2023 |
| Bengal's revenue behind national average | Kolkata, Dec 17 : West Bengal is behind the national average in terms of state’s own revenue or gross state domestic product (GSDP) percentage, as per the recent findings of the Reserve Bank of India (RBI) on state finances. | 17-Dec-2023 |
| YouTube adds song play counts, AI playli | San Francisco, Dec 16 : Google-owned YouTube has added play counts for every song in its Music app and broadened the availability of the generative AI creator for playlist art. | 16-Dec-2023 |
| PLI Scheme turns out to be a game change | New Delhi, Dec 16 : The Production Linked Incentive (PLI) Scheme, launched by the Narendra Modi government in March 2020, has turned out to be a game changer in giving a big push to India’s manufacturing sector, employment generation and exports. | 16-Dec-2023 |
| Talent is much more fundamental challeng | New Delhi, Dec 16 : Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Saturday said technological talent, not chip-driven compute power, is the key to India's progress in artificial intelligence (AI). | 16-Dec-2023 |
| India's forex reserves rise to 4-month h | Mumbai, Dec 15 : India's foreign exchange reserves rose by $2.816 billion to hit a four-month high of $606.859 billion during the week ended December 8, according to RBI data released on Friday. | 15-Dec-2023 |
| Market value of BSE listed companies sur | Mumbai, Dec 15 : The Nifty rose for the seventh week in a row to close at fresh all-time high of 21,457 on Friday, while the Sensex galloped nearly 1,000 points to settle at 71,483, said Devarsh Vakil, Deputy Head of Retail Research at HDFC Securities. | 15-Dec-2023 |
| New Zealand food prices up 6% in Nov | Wellington, Dec 13 : Food prices in New Zealand in November are 6 per cent higher than a year ago, but fell for the third consecutive month, said the national statistics department Stats NZ on Wednesday. | 13-Dec-2023 |
| UK regulator looks into Microsoft’s pa | London, Dec 10 : The UK's competition regulator will look into the partnership between Microsoft and OpenAI, the developer of ChatGPT, including recent developments, to understand the impact the merger could have on competition in the UK. | 10-Dec-2023 |
| Startup funding: India slips to 4th spot | Shillong, December 10: Making a dent in India’s startup growth story, the country slipped to fourth position in the global ranking among the highest-funded geographies in 2023, as it recorded lowest funding in five years. | 10-Dec-2023 |
| Google introduces Gemini GenAI model for | New Delhi, Dec 7 : Google on Wednesday spiced up the generative AI race with introducing Gemini, its most capable and general model yet with state-of-the-art performance across many leading benchmarks, in three iterations. | 06-Dec-2023 |
| Apple requests India to exempt older iPh | New Delhi, Dec 5 : Apple has asked the Indian government to exempt its existing iPhones from the requirement of a common charging port (USB-C) for electronics devices, as the Centre evaluates the possibility of mandating a common charger for most devices. | 05-Dec-2023 |
| Unacademy reduced cash burn by 60%, has | New Delhi, Dec 5 : While the embattled edtech unicorn Byju is facing myriad issues amid a severe cash crunch, its rival company's Founder and CEO Gaurav Munjal on Tuesday said that the firm reduced cash burn by 60 per cent and has a runway of more than four years with the current "cash reserves." | 05-Dec-2023 |
| FIIs inflows strong with net buy of more | New Delhi, Dec 5 : FIIs have remained net buyers to the tune of Rs 17,133 crores in the last eight trading sessions, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. | 05-Dec-2023 |
| Delhi HC asks Go First's RP to submit af | New Delhi, Oct 12 : The Delhi High Court on Tuesday asked the Resolution Professional (RP) of cash-strapped Go First to file an affidavit in response to a lessor's plea seeking contempt action. | 05-Dec-2023 |
| FedEx invests $100 mn to foster job grow | New Delhi, Dec 5 : Courier delivery services giant FedEx on Tuesday inaugurated its first-ever advanced capability community (ACC) hub in Hyderabad, marking a significant investment of $100 million in the city’s tech landscape. | 05-Dec-2023 |
| Outcome of state election results hints | New Delhi, Dec 3 : The outcome of state election results hints towards continued uprun in the market, Dhiraj Relli, MD & CEO at HDFC Securities, said on Monday. | 04-Dec-2023 |
| Now, IndiGo faces criticism over delays | New Delhi, Dec 3 : Congress MP and former Union Minister Manish Tewar, on Sunday expressed frustration over repeated delays in IndiGo flights | 04-Dec-2023 |
| Musk's X sees wave of resignations from | San Francisco, Dec 2 : According to a report by Claire Atkinson, the sales staff started exiting the company shortly after X gave out bonus checks in November. | 02-Dec-2023 |
| FPIs may turn sellers at higher market l | New Delhi, Dec 2 : Since overall market valuations have reached high levels, FPIs may turn sellers at higher market levels, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. | 02-Dec-2023 |
| B'luru Tech Summit 2023 an 'unprecedente | Bengaluru, Dec 2 : Karnataka Minister for Information Technology and Biotechnology, Priyank Kharge, said that the three-day Bengaluru Tech Summit 2023, held at the Bangalore Palace, concluded with unprecedented and resounding success, breaking new ground in the realm of technology and innovation. | 02-Dec-2023 |
| IDBI Trusteeship now files appeal agains | Mumbai, Dec 2 : In the continuing saga replete with many twists and turns, IDBI Trusteeship Services Limited (ITSL) has now filed an appeal at the National Company Law Appellate Tribunal (NCLAT) against Essel Group Chairperson Subhash Chandra, challenging the order of the National Company Law Tribunal Mumbai which gave a go-ahead to the Zee Entertainment Enterprises Limited (ZEEL) and Sony merger. | 02-Dec-2023 |
| 'India as big gold buyer can play key ro | New Delhi, Dec 2 : India as the second-largest buyer of gold in the world can play a crucial role in the global economic order as central banks are still buying the precious metal in large quantities, Alok Kumar Choudhary, Managing Director, State Bank of India (SBI), said on Friday. | 02-Dec-2023 |