US dollar strengthening again as Wall Street accepts that interest rate cuts are coming later than expected
New York, Feb 9 - The US dollar greenback is strengthening again after a bumpy 2023, as Wall Street accepts that interest rate cuts are coming later than previously expected, a media report said.
Financial prosecutors raid Huawei offices in France
Paris, Feb 9 - The French offices of Chinese tech giant Huawei were searched this week, the company confirmed on Friday, saying it is fully cooperating with the authorities, a media report said.
Snapchat faces major outage globally, including India
New Delhi, Feb 9 - Popular social media platform Snapchat on Friday suffered a major outage globally, including in India, with users reporting that they were unable to send messages, including texts and snaps, to each other.
Licious lays off 3% of its workforce amid restructuring exercise
New Delhi, Feb 9 - Direct-to-consumer (D2C) foodtech platform Licious is laying off nearly 3 per cent of its workforce, around 80 employees, as part of a restructuring exercise.
Musk plans to discontinue phone number, only X for texts, calls
New Delhi, Feb 9 - Tech billionaire Elon Musk on Friday said that he plans to discontinue his phone number and use only social media platform X for messages, audio and video calls.
Pinterest announces new ad deal with Google, reaches 498 mn monthly users
San Francisco, Feb 9 - Photo-sharing social media platform Pinterest has announced its next third-party ad integration with Google, as it reached an all-time record of 498 million monthly active users globally.
Ex-PhonePe CEO’s startup Paymart to offer ‘virtual ATM’, partners 5 Indian banks
New Delhi, Feb 9 - Former PhonePe CEO Amit Narang's fintech startup Paymart on Friday said that it has partnered with five Indian banks to offer its innovative virtual, cardless, and hardware-less cash withdrawal service.
Pakistan stock market sinks as uncertainty surrounds election results
Karachi, Feb 9 - The Pakistan Stock Exchange (PSX) opened the day on a negative note as the benchmark KSE-100 index plunged over 2,000 points on Friday as uncertainty surrounded election 2024 results, local media reported.
Parliamentary panel’s proposal on airfare regulation sends IndiGo and SpiceJet shares tumbling
New Delhi, Feb 9 - The stock prices of two major Indian airlines, IndiGo and SpiceJet, on Friday experienced a significant decline following the recommendation by a parliamentary panel to implement route-specific capping of airfare.
Google joins global coalition to bring transparency to digital content in AI era
New Delhi, Feb 9 - The Coalition for Content Provenance and Authenticity (C2PA), a global standards body advancing transparency online through certifying the provenance of digital content, on Friday announced that Google has joined as a steering committee member and support Content Credentials
Global data traffic hit 59 exabytes in 2023, equivalent to over 46 cr smartphones
New Delhi, Feb 9 - Global data traffic in 2023 reached 59 exabytes, a remarkable 23 per cent increase from the 48 exabytes recorded in 2022, a report said on Friday.
Max Healthcare to expand its footprint in Maha
New Delhi, Feb 9 - Max Healthcare Institute Ltd (MHIL), one of India’s largest private healthcare providers on Friday announced the acquisition of 100 per cent stake in Alexis Multi-Speciality Hospital Private Limited (Alexis) for an Enterprise Value of Rs 412 Crores.
China is worst performer among emerging markets equities
New Delhi, Feb 9 - All the emerging markets indices saw negative performance in January with China being the worst performer at 10.6 per cent. As far as developed markets are concerned, Japan emerged as the best performer at 4.6 per cent, as
Josler Hydrocarbons landmark MoU with MNGL for gas leak prevention
New Delhi, Feb 9 - A Visionary Step in Environmental Conservation and Public Safety Josler Hydrocarbons India Pvt Ltd, a prominent gas leak detection firm based in Ahmedabad, has played a vital role in holistically enabling its US based technological partner Heath to
Black Box Limited announced financial results
Mumbai, Feb 8 - Black Box Limited has announced the unaudited financial results for the quarter and nine months ended 31st December 2023.
realme enters top 5 brands in India with 17.4 mn sales in 2023
New Delhi, Feb 9 - realme started 2024 on a strong note, having emerged as among India's top five smartphone brands for 2023. The brand even went on to clinch the fourth spot overall for Q4, capping off a successful year.
Number of airports increased from 74 to 149 from FY15 to FY23: White Paper
New Delhi, Feb 8 - The White Paper tabled by Finance Minister Nirmala Sitharaman in the Parliament on Thursday stated that India's aviation industry has undergone significant growth and transformation over the past decade, with the number of airports increasing from 74 in
Indian economy transformed from ‘fragile five’ to ‘top five’: White Paper
New Delhi, feb 8 - Comparing the performance of the 10-year rule of the Narendra Modi government with that of the erstwhile UPA regime, the White Paper on Indian Economy tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman highlights the fact
MHA decides to scrap Free Movement Regime between India and Myanmar
New Delhi, Feb 8 - The Union Ministry of Home Affairs (MHA) has decided to scrap the Free Movement Regime (FMR) between India and Myanmar to ensure the internal security of the country and to maintain the demographic structure of India’s northeastern states
UPA govt brought India’s finances to perilous state: White Paper
New Delhi, Feb 8 - The White Paper on Indian Economy tabled in the Lok Sabha by Finance Minister Niramala Sitharaman on Thursday lambasts the erstwhile UPA government for bringing “public finances to a perilous state” with runaway fiscal deficits.