Finance Ministry bullish on 7% plus growth but flags geopolitical risk
New Delhi, Jan 30 - Although the Indian economy is expected to grow above 7% driven by strong domestic demand and economic reforms, geopolitical risks such as the fallout of Israel-Hamas war pose a risk, according to a Finance Ministry report ahead of
HP to introduce new AI-enabled Spectre laptops in India
New Delhi, Jan 30 - PC and printer major HP is set to introduce its latest premium Spectre laptops in India, targeting the contemporary and modern users. According to sources, the price of the new Spectre laptops will be around Rs 1.5 lakh.
Zee says not aware of Disney Star’s next steps on licence agreement
New Delhi, Jan 30 - Zee Entertainment Enterprises has said that the company is not aware of, and cannot comment on, Star India Private Limited’s ('Disney Star') intentions or next steps with respect to the strategic licence agreement entered between the company and
Fidelity further marks down Meesho valuation to $3.5 bn
New Delhi, Jan 30 - Global investment firm Fidelity has further marked down the value of its holding in social commerce platform Meesho, to $3.5 billion.
Oil and gas stocks top gainers led by HPCL
New Delhi, Jan 30 - Oil and gas stocks are the top gainers in trade on Tuesday with the index climbing more than 2 per cent.
Bajaj Finance shares slump more than 4 per cent after quarterly results
New Delhi, Jan 30 - Bajaj Finance shares slumped more than 4 per cent on Tuesday on elevated credit costs from B2C businesses and NIM contraction.
NTPC inks pact for green hydrogen project in Maharashtra
New Delhi, Jan 30 - NTPC Green Energy Limited (NGEL) has signed a Memorandum of Understanding (MoU) with the Maharashtra Government for the development of Green Hydrogen and derivatives (Green Ammonia, Green Methanol) of up to 1 million tonnes capacity per annum, the
Microsoft introduces more protections to AI tool that created Taylor Swift deepfakes
San Francisco, Jan 30 - Microsoft has introduced more protections to its AI text-to-image generation tool Designer that users were utilising to create nonconsensual sexual images of celebrities.
1.14 lakh startups generate more than 12 lakh jobs in India: FinMin
New Delhi, Jan 30 - More than 1.14 lakh startups in India have created over 12 lakh jobs so far, the Finance Ministry said in its latest review of the Indian economy.
Budget 2024: No major changes expected in taxation relating to the capital market
New Delhi, Jan 30 - Geojit Financial Services Chief Investment Strategist V. K. Vijayakumar said in the near-term, expectations regarding the budget will influence the market.
Amazon terminates $1.7 bn deal to acquire iRobot amid regulatory hurdles
San Francisco, Jan 29 - Amazon on Monday announced it has terminated its $1.7 billion acquisition of iRobot, the maker of consumer robotic vacuums, on mutual conditions.
Apple App Store changes ‘a step in the wrong direction’: Microsoft
San Francisco, Jan 30 - After Epic Games CEO Tim Sweeney and Spotify CEO Daniel Ek, Microsoft has also criticised Apple App Store changes in the EU, calling those "a step in the wrong direction."
Nearly 1.4cr candidates trained under PMKVY since 2015: Govt
New Delhi, Jan 29 - The Finance Ministry on Monday said that nearly 1.4 crore candidates have been trained under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) since its inception in 2015, as part of the National Skill Development Mission and the National
India’s social transformation since 2014: A look at key welfare initiatives & achievements
New Delhi, Jan 29 - The Finance Ministry on Monday said that the Central government's expenditure on social services has registered a Compound Annual Growth Rate (CAGR) of 5.9 per cent between the fiscal years 2014 and 2023.
Chennai now on ONDC Namma Yatri’s auto-rickshaw map
Chennai, Jan 29 - Namma Yatri, India's open and community-first auto-rickshaw booking application and a part of the ONDC Network, on Monday added Chennai to its service map.
India expected to become third-largest economy in next 3 years: FinMin
New Delhi, Jan 29 - In the next three years, India is expected to become the third-largest economy in the world, with a GDP of $5 trillion, the Finance Ministry said in a review of the Indian economy just days before the Interim
Bajaj Finance Q3 net grows to Rs 3,177.39 crore
Chennai, Jan 29 - Non-banking finance company (NBFC) Bajaj Finance Ltd closed the third quarter with an after tax profit of Rs 3,177.39 crore.
Agricultural sector is bedrock of nation’s economy: Economy Review
New Delhi, Jan 29 - The India Economy Review prepared by the Ministry of Finance said that the agricultural sector -- which is estimated to constitute 18 per cent of India's GVA in FY24 -- is the bedrock of nation's economy.
Finance Ministry says Indian economy to grow 7% in FY24
New Delhi, Jan 29 - The Finance Ministry said on Monday that it now appears very likely that the Indian economy will achieve a growth rate at or above 7 per cent for FY24, while some predict it will achieve another year of
My head is bloody, but unbowed: Byju Raveendran writes to shareholders
New Delhi, Jan 29 - Byju Raveendran, the founder and CEO of embattling edtech company Byju’s, in his letter to shareholders, has drawn parallels with 'Invictus' a short poem by William Ernest Henley, saying “My head is bloody, but unbowed."