Over 1,000 documents wrongly issued from govt portal in S. Korea
Seoul, May 5 - In a cyber incident, more than 1,000 civil documents were wrongly issued from the government's online civil service portal called 'Government 24', leading to the leak of personal information, the interior ministry said on Sunday.
India holds talks for closer ties on critical minerals, shrimp farming with Australia
New Delhi, India has discussed the issues of pharmaceutical pricing control in generic drugs and the need for closer cooperation in critical minerals with Australia, the Union Commerce Ministry said on Saturday.
27 Indian startups secure over $340 million in funding this week
New Delhi, May 4 - From IPO-bound healthtech platform Pharmeasy to digital lending startup Kinara Capital, at least 27 startups in the country raised more than $340 million in funding this week.
South Korea welcomes US move to extend tax credits for EVs containing Chinese graphite
Seoul, May 4 - Seoul's Industry Minister Ahn Duk-geun on Saturday welcomed the US government's move to extend tax credits for electric vehicles (EV) containing Chinese graphite until the end of 2026.
‘Two-thirds of Indian companies striving for better execution of SDG goals’
New Delhi, May 4 - Two-thirds of companies in India are striving for better execution of Sustainable Development Goals (SDGs), said Atul Kumar Tiwari, Secretary of the Ministry of Skill Development and Entrepreneurship (MSDE).
Ola Krutrim opens AI Cloud infrastructure for developers, launches mobile app
Bengaluru, May 4 - Homegrown artificial intelligence (AI) company Ola Krutrim on Saturday announced to open up its cloud platform to enterprises, researchers and developers to build their own products, along with launching a mobile app.
Karma has a way of biting back: Zerodha CEO Nithin Kamath
New Delhi, May 4 - Karma has a way of biting back, said Zerodha Co-founder and CEO Nithin Kamath on Saturday.
Meta gets 27K reports via Indian grievance mechanism in March, fake FB, Insta profiles key concern
New Delhi, May 4 - As synthetic content, especially deepfakes, continues to rise, Meta received more than 27,000 reports on Facebook and Instagram via the Indian grievance mechanism in the month of March, and the fake profiles that pretended to be genuine users
Kotak Bank’s Q4 net profit rises 18 pc to Rs 4,133 crore
Mumbai, May 4 - Mid-sized private sector lender Kotak Mahindra Bank on Saturday reported an 18 per cent increase in net profit to Rs 4,133 crore for the January-March quarter of 2023-24, compared with the corresponding figure of Rs 3,496 crore in the
Govt lifts ban on onion exports with price rider
New Delhi, May 4 - The Government on Saturday lifted the ban on onion exports after about half a year, according to a notification from the Directorate General of Foreign Trade (DGFT).
Adani Ports & SEZ eyes significant expansion into the Philippines
New Delhi, May 4 - Adani Ports and Special Economic Zone (APSEZ) is planning to invest significantly in the Philippines, and is looking at Bataan for its port development plan, the Philippines government has said.
Indian tech companies begin to create global impact: SAP’s Manish Prasad
New Delhi, May 4 - The last decade has transformed the IT and technology landscape in India and some of the homegrown technology enterprises, mid-market firms and startups are now creating an impact globally as well, says Manish Prasad, President and Managing Director
From progress to prosperity: India’s economic momentum shatters ‘xenophobia’ myths
New Delhi, May 3 - US President Joe Biden’s assertion linking ‘xenophobia’ in India, China, Russia, and Japan to “stalled economic growth” overlooks the remarkable economic progress India has made in recent years, particularly under the leadership of Prime Minister Narendra Modi.
RBI tweaks rules to cut risk banks face in exposure to capital markets
Mumbai, May 3 - The RBI on Friday tweaked rules to reduce the risk faced by banks in their exposure to capital market in the case of issue of Irrevocable Payment Commitments (IPCs).
Raymond posts 18 per cent jump in Q4 net profit at Rs 229 crore
Mumbai, May 3 - Gautam Hari Singhania-led Raymond on Friday reported an 18 per cent rise in its January-March quarter profit on the back of a strong performance in its real-estate and apparel segments.
Zomato CEO calls experienced ex-restaurateurs to help him serve better
New Delhi, May 3 - Zomato co-founder and CEO Deepinder Goyal on Friday called experienced ex-restaurateurs to come and help him build an online food delivery platform that serves its customers and the overall food outlet ecosystem in a better way.
WhatsApp banned record over 79 lakh accounts in India in March
New Delhi, May 3 - Meta-owned WhatsApp has said it banned more than 79 lakh accounts in India in the month of March, in compliance with the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.
Italy’s jobless rate falls to 7.2 pc, lowest in over 15 years
Rome, May 3 - Italy's unemployment rate decreased to the lowest level in more than 15 years in March after rising slightly in the previous month, the statistical office ISTAT reported on Friday.
Indian rupee to trade in Rs 83.25–83.75 band against USD during Q1FY25
Chennai, May 3 - The Indian rupee will trade in the narrow band of Rs 83.25– 83.75 against the US dollar in the remaining period of Q1FY25, a top economist at the credit rating agency CARE Ratings said on Friday.
Mahindra & Mahindra received record 674 patents in FY24
New Delhi, May 3 - Mahindra & Mahindra (M&M), the automotive and farm equipment flagship of the Mahindra Group, said on Friday that it received 674 patents in FY24, the most by any Indian four-wheeler automobile/farm equipment manufacturer.