AI, automation tools saving sales teams over 2 hrs of work each day: Study
San Francisco, Jan 2 - Artificial Intelligence (AI) and automation tools appear to be saving sales professionals over two hours of work each day a new study has found.
Investors adopting profit booking strategy before results season
New Delhi, Jan 2 - A bearish candle has emerged on the daily Nifty chart, indicating a potential bearish trend in the near future.
Not in talks with Musk to manage Starlink services in India: Vodafone Idea
New Delhi, Jan 2 - Vodafone Idea on Tuesday denied reports that it is in talks with Tesla and SpaceX CEO Elon Musk for managing its affordable satellite-based Internet service Starlink in India.
Flipkart co-founder Binny Bansal launches e-commerce startup ‘OppDoor’
New Delhi, Jan 2 - Flipkart co-founder Binny Bansal has come up with a new venture – ‘OppDoor’, which will help e-commerce companies expand operations globally by providing them with end-to-end solutions, a media report said on Tuesday.
Govt ups windfall tax on crude, ONGC & OIL to take hit
New Delhi, Jan 2 - The government has raised the windfall tax on crude oil and reduced the tax on diesel and aviation turbine fuel.
Sensex down more than 500 points
New Delhi, Jan 2 - Equity benchmarks sank on Tuesday with selling emerging at higher levels.
Hindustan Unilever shares down after Rs 447.5 cr GST demand
New Delhi, Jan 2 - Hindustan Unilever has made a disclosure regarding the Orders passed by Deputy Commissioner of Commercial Tax Officer, Bengaluru, Additional Commissioner, Central Tax and Central Excise, Kochi Commissionerate, Joint Commissioner, CGST and Central Excise, Mumbai East Commissionerate and Assistant
Global premium phone market sees record sales in 2023, Apple leads
New Delhi, Jan 2 - The global premium smartphone market has witnessed record sales in 2023 with Apple leading the market, a new report said on Tuesday.
Israeli central bank cuts interest rate to 4.5% amid war
Jerusalem, Jan 2 - Amid the ongoing Israel-Hamas war, the country's central bank announced its decision to lower the benchmark interest rate by 0.25 percentage points to the new rate of 4.5 per cent.
China’s BYD gears up to topple Musk’s Tesla as world’s top EV maker
New Delhi, Jan 2 - Chinese automotive giant BYD has moved one step closer to topple Elon Musk-run Tesla as the world’s top EV manufacturer, after the Shenzhen-based company sold a record 526,000 electric vehicles in October-December 2023.
Reserve Bank of India Deputy Governor flags risks of using AI in banking sector
New Delhi, Jan 1 - Reserve Bank of India Deputy Governor M. Rajeshwar Rao on Monday said that development and deployment of AI models in the banking sector need close human supervision commensurate with the risks that can materialise from employing the technology.
Samsung vows to prioritise retaining its technological supremacy
Seoul, Jan 2 - South Korean tech behemoth Samsung Electronics on Tuesday announced its strategic priorities for the new year, emphasizing the strengthening of the company's competitiveness through technological supremacy and adaptability to future changes.
RBI issues new order to help recovery of unclaimed deposits in banks
Mumbai, Jan 1 - The Reserve Bank of India (RBI) has issued fresh instructions to banks to strengthen the ongoing efforts to reduce the quantum of unclaimed deposits in the banking system and return such deposits to their rightful owners or claimants.
Five oil majors to distribute more than $100bn to shareholders
London, Jan 1 - The world’s five largest listed oil companies are expected to reward their investors with record payouts of more than $100 million for 2023 against a backdrop of growing public outrage at fossil fuel profits, a media report said.
RBI to auction govt bonds worth Rs 34,000 crore on Jan 5
New Delhi, Jan 1 - The Finance Ministry on Monday announced the sale of Government bonds valued at Rs 34,000 crore through an auction to be conducted by the Reserve Bank of India (RBI) on Friday, January 5.
Xi Jinping makes rare admission that China’s economy is in trouble
Hong Kong, Jan 1 - China’s businesses are struggling and job seekers are having trouble finding work, President Xi Jinping acknowledged during his New Year’s Eve speech, a media report said.
97.38% Rs 2,000 banknotes have been returned: RBI
Mumbai, Jan 1 - The Reserve Bank of India (RBI) said on Monday that the total value of ₹2,000 banknotes declined to ₹9,330 crore at the close of business on December 29. Thus, 97.38 per cent of ₹2000 banknotes have now been returned.
GST collections rise 12% to touch Rs 14.97 lakh crore in April-Dec
New Delhi, Jan 1 - The government's Goods and Services Tax (GST) collections increased 10 per cent year-on-year in December, 2023 to Rs 1.65 lakh crore, the Ministry of Finance said on Monday.
ChatGPT garners 60% of AI industry’s 24 bn traffic: Report
New Delhi, Jan 1 - OpenAI's chatbot ChatGPT has garnered 60 per cent of the AI industry traffic as the top 50 artificial intelligence (AI) tools attracted over 24 billion visits between September 2022 and August 2023, according to a new report.
Ola Electric clocks highest ever monthly registrations in Dec 2023, crosses 30K mark
New Delhi, Jan 1 - Ola Electric on Monday announced that it clocked its highest ever monthly registrations in December 2023 -- recorded 30,219 registrations and captured a 40 per cent market share in the EV 2W segment (as per VAHAN Portal).