Your ‘pay or consent’ model fails to comply with DMA: EU tells Meta
New Delhi, July 1 - The European Union on Monday informed Meta (formerly Facebook) of its preliminary findings that its "pay or consent" advertising model fails to comply with the Digital Markets Act (DMA).
Digital India symbolises an empowered nation: PM Modi
New Delhi, July 1 - Digital India symbolises an empowered country which boosts 'Ease of Living' and transparency, Prime Minister Narendra Modi said on Monday.
India offers $500 bn investment opportunity in clean energy, time to tap skilled youth
New Delhi, July 1 - As India begins its ambitious journey towards achieving the target of net zero by 2070, the energy transition efforts in the country offer an immense $500 billion investment opportunity to businesses, billion, especially in the green energy value
Hyundai Motor register decline, Kia logs growth in overall sales in June
New Delhi, July 1 - Automaker Hyundai Motor India has registered a decline of 1.22 per cent in overall auto sales in the month of June, while Kia India reported a growth of 9.8 per cent, the companies said on Monday.
Sensex jumps 443 points, IT stocks lead rally
Mumbai, July 1 - Indian stock indices closed in green on Monday following the rally in IT shares. At closing
97.87 pc of ₹2000 banknotes have now been returned: RBI
Mumbai, July 1 - The Reserve Bank of India (RBI) on Monday said that 97.87 per cent of the ₹2000 banknotes that were in circulation as of May 19, 2023, when their withdrawal was announced, have now been returned.
Mobile phone exports: India gains with PLI scheme as China & Vietnam falter
New Delhi, July 1 - In a major boost to India’s production-linked incentive (PLI) scheme, mobile phone exports from the country gained much ground in FY24 as manufacturing giants like China and Vietnam fell behind.
SK Group chairman meets with CEOs of Amazon, Intel
Seoul, July 1 - SK Group Chairman Chey Tae-won has met with leaders of global tech giants, including Amazon and Intel, to discuss ways to broaden business cooperation in artificial intelligence (AI) semiconductors, his company said on Monday.
Health insurer Niva Bupa files draft papers for Rs 3,000 crore IPO
Mumbai, July 1 - Leading health insurer Niva Bupa on Monday filed its draft red herring prospectus (DRHP) with the markets regulator Securities Exchange Board of India (SEBI) to raise about Rs 3,000 crore ($360 million) via an initial public offering (IPO).
FSIB recommends CS Shetty as next SBI Chairman
New Delhi, June 29 - The Financial Services Institutions Bureau (FSIB) has recommended the name of Challa Sreenivasulu Setty as the Chairman of the State Bank of India (SBI), the country’s largest lender.
RBI inks pact to link UPI with 4 ASEAN countries for instant cross-border retail payments
Mumbai, July 1 - Reserve Bank of India (RBI) on Monday announced that it has now joined Project Nexus with the four ASEAN countries to create a platform to facilitate instantaneous cross-border retail payments.
Market Outlook: PMI data, budget & auto sales key triggers for this week
Mumbai, June 30 - Indian equity indices closed with gains last week despite mixed cues from global peers. Frontline indices both Sensex and Nifty posted gains of more than 2 per cent making their fourth consecutive week of growth.
Mumbai, Delhi see strong growth in prime property prices globally: Report
New Delhi, June 30 - As India remains a resilient economy amid global headwinds, Mumbai and Delhi experienced robust annual growth in prime residential property prices among the top 44 cities worldwide in the first quarter (Q1 2024) this year.
Bangladesh passes 68 billion USD budget for next fiscal year
Dhaka, June 30 - The Bangladesh parliament on Sunday passed a record 7.97-trillion-Taka (68 billion US dollars) national budget for the 2024-25 fiscal year (July 2024-June 2025).
Afghanistan exports goods worth 304 mln USD in three-months
Kabul, June 30 - Afghanistan exported commercial goods valued at 304 million U.S. dollars from March 20 to June 20, said the country's Ministry of Commerce and Industry.
Sensex, Nifty trade higher on positive global cues
Mumbai, July 1 - Indian equity indices opened in the green on Monday following positive global cues. At 9:40 a.m., Sensex was at 79,197, up 165 points or 0.21 per cent and Nifty was at 24,069, up 58 points or 0.22 per cent.
40 pc jump in quick commerce spending during T20 WC final: Report
New Delhi, June 30 - Fintech startup Simpl on Sunday said that it witnessed a 40 per cent jump in consumer spending on its platform around the T20 World Cup Final.
Indian equity markets surge nearly 14 pc in June quarter, leads in world top 10
Mumbai, June 30 - Indian stock indices gave a stellar performance in the June quarter of FY 2024-25. During the April- June period, Indian stock market capitalisation increased by 13.8 per cent, the highest among the top 10 stock markets.
Meta purged over 21 mn pieces of bad content on FB, Insta in India in May
New Delhi, June 29 - Meta said that it took down over 15.6 million pieces of bad content across 13 policies for Facebook and more than 5.8 million pieces of objectionable content across 12 policies for Instagram in India in May.
India a global leader in curative & preventive healthcare: Union Minister
New Delhi, June 29 - India has become a global leader not only in curative healthcare but also in preventive healthcare owing to Prime Minister Narendra Modi’s vision of universal healthcare for all, Jitendra Singh, Union Minister of State (Independent Charge) for Science