Nvidia market capitalisation surpasses Alphabet
New York, Feb 15 - Chip-maker Nvidia's market capitalization rose to $1.83 trillion on Wednesday, nudging past Alphabet's $1.82 trillion market cap, a media report said.
Japan loses its position as the world’s third-largest economy to Germany
New Delhi, Feb 15 - Japan has slipped to the world's fourth-largest economy as it fell behind the size of Germany's in 2023, says Deepak Jasani, Head of Retail Research, HDFC Securities.
Govt issues guidelines for using Green Hydrogen as fuel in trucks, buses
New Delhi, Feb 14 - The government on Wednesday issued guidelines for undertaking pilot projects for using Green Hydrogen as fuel in buses, trucks and 4-wheelers.
RBI Governor Das tells CEOs of banks to put customers’ interest first
Mumbai, Feb 14 - RBI Governor Shaktikanta Das on Wednesday told the managing directors and CEOs of public and private sector banks that the customer grievance redress mechanism and protection of customers’ interests are of paramount importance for the safety and stability of
Centre launches Rs 29,610cr scheme to spur growth in dairy sector
New Delhi, Feb 14 - Union Minister of Fisheries, Animal Husbandry & Dairying Parshottam Rupala on Wednesday launched the Rs 29,610 crore realigned Animal Husbandry Infrastructure Development Fund (AHIDF) Scheme.
Stakes in solar power companies to get green power at cheaper rate: Bosch
Chennai, Feb 14 - Automotive components and consumer goods player Bosch Ltd, in order to source green power at a cheaper rate, will acquire small stakes in two solar power companies for a cash consideration of about Rs 4.88 crore.
India’s 16th Finance Commission holds first meeting
New Delhi, Feb 14 - Finance Ministry on Wednesday said that the 16th Finance Commission held its first meeting on Wednesday to discuss its terms of reference and other matters that it has to take up.
Sony cuts PlayStation 5 sales forecast to 21 mn units, plans financial unit IPO
New Delhi, Feb 14 - Sony Group on Wednesday said it prepares for the spin-off and listing of the shares of Sony Financial Group in October 2025, as it lowered its revenue forecast after sales of its PlayStation 5 gaming consoles slowed down
Markets recover from day’s low led by buying in bank stocks
Mumbai, Feb 14 - The domestic market staged a recovery from day’s low, buoyed by renewed buying interest in banking stocks on Wednesday, said Vinod Nair, Head of Research at Geojit Financial Services.
Gadkari takes stock of key Rs 3,565 crore highway inter-link project in NCR
New Delhi, Feb 14 - Minister for Road Transport and Highways Nitin Gadkari on Wednesday inspected the Faridabad Bypass Site and the construction of Package 1 & 2 of DND Sohna Highway on National Highway-148 NA including a spur of the Delhi-Mumbai Expressway.
‘Digital India’ future skills summit to unveil 20 strategic collaborations
New Delhi, Feb 14 - The government on Wednesday said it will hold the first-ever ‘Future Skills Summit’ in Guwahati on Thursday where more than 20 strategic collaborations in skilling will be unveiled.
Adani Green Energy links 551 MW solar capacity plant to national grid
Mumbai, Feb 14 - Adani Green Energy Limited (AGEL) has successfully operationalised 551 MW solar capacity plant in Gujarat’s Khavda renewable energy park which has now started supplying power to the national grid.
First gold mine auction in Rajasthan soon
Jaipur, Feb 15 - Rajasthan mining department is all set to create history as it will start a gold mine auction for the first time in the state in the Banswara district’s Bhukia-Jagpura area.
PSU shares shine as benchmark indices erase losses
New Delhi, Feb 14 - PSU stocks posted strong gains on Wednesday as the benchmark indices erased morning losses.
Nxtra by Airtel to procure 140,208 MWh renewable energy to push India’s ‘green’ goal
New Delhi, Feb 14 - Nxtra by Airtel, one of India's leading data centre companies, on Wednesday announced a power-wheeling agreement with Ampln and Amplus Energy to procure an additional 140,208 MWh of renewable energy.
Mobility fintech startup Moove raises $10 mn to expand India footprint
New Delhi, Feb 14 - Global mobility fintech startup Moove on Wednesday said it has raised $10 million in new debt funding from leading venture debt fund Stride Ventures to expand its India footprint.
SpiceJet shares dip amidst financial challenges, but airline asserts strong position
New Delhi, Feb 14 - In the midst of news regarding delays in salary payments, EPFO deposits, and potential job cuts, SpiceJet shares experienced a 4.16 per cent decline on Wednesday. Nonetheless, the budget airline asserted that it is presently in its most
India’s WPI inflation eases to 0.27% in Jan
New Delhi, Feb 14 - India's inflation based on the wholesale price index eased to 0.27 per cent in January compared to 0.73 per cent in December, data released by the Commerce and Industry Ministry on Wednesday showed.
Indian banks face a slowdown in growth and profit margins as deposits lag
New Delhi, Feb 14 - Indian banks face a slowdown in growth and profit margins as deposits lag despite higher interest rates.
Defence deals through govt e-marketplace cross Rs 1 lakh cr mark
New Delhi, Feb 14 - The orders placed by the Ministry of Defence (MoD) through the Government e-Marketplace (GeM) portal has surpassed a whopping Rs 1 lakh crore reflecting the increasing transparency and efficiency in executing defence deals, the Commerce Ministry said on