AMD, IIT-B partner to support semiconductor startups in India

AMD, IIT-B partner to support semiconductor startups in India

New Delhi, July 15 - Chip-maker AMD India on Monday announced a partnership with the Society for Innovation and Entrepreneurship (SINE), an incubator at IIT-Bombay, to promote semiconductor startups in the country.

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Equity mutual funds’ AUM reach Rs 23.8 lakh crore in June in India

Equity mutual funds’ AUM reach Rs 23.8 lakh crore in June in India

Mumbai, July 15 - The assets under management (AUM) of equity mutual funds witnessed a growth of 8.27 per cent sequentially to reach Rs 23,84,727 crore in June, from Rs 22,02,497 crore in May (excluding sectoral/thematic funds), a report showed on Monday.

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WPI inflation edges up to 3.36 pc in June

WPI inflation edges up to 3.36 pc in June

New Delhi, July 15 - The annual rate of inflation based on the all-India Wholesale Price Index (WPI) number edged up to 3.36 per cent in June this year compared to the same month of the previous year, figures released by the Commerce

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Bolivia’s entry in Mercosur important step in regional integration: Minister

Bolivia’s entry in Mercosur important step in regional integration: Minister

La Paz, July 15 - Bolivia's full entry into the Southern Common Market (Mercosur) is a historic event and represents a "very important hinge in regional integration," said Foreign Affairs Minister Celinda Sosa Lunda.

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78 pc of Indian bosses optimistic on gig workers, stress proficiency in technical skills: Report

78 pc of Indian bosses optimistic on gig workers, stress proficiency in technical skills: Report

New Delhi, July 15 - While 78.57 per cent of employers in India find gig workers meeting or surpassing job requirements, they also emphasise their need to boost technical skills, according to a report on World Youth Skills Day on Monday.

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OP Jindal Global University inks MoU with United Nations University to foster academic exchange

OP Jindal Global University inks MoU with United Nations University to foster academic exchange

Sonipat, 15 July - O.P. Jindal Global University (JGU) and the United Nations University (UNU), Japan, have signed a Memorandum of Understanding (MoU) to establish ties of friendship and cooperation in the areas of higher education and research.

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SBI hikes lending rates

SBI hikes lending rates

Mumbai, July 15 - The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15).

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India’s automobile exports clock 15.5 pc growth in April-June quarter

India’s automobile exports clock 15.5 pc growth in April-June quarter

New Delhi, July 15 - India’s automobile exports clocked a robust 15.5 per cent growth in the April-June quarter of the current financial year compared to the same

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Zomato, Swiggy hike platform fee to Rs 6 per order

Zomato, Swiggy hike platform fee to Rs 6 per order

New Delhi, July 15 - Food delivery platforms Zomato and Swiggy have once again hiked platform fee to Rs 6 per order from an earlier Rs 5 — a 20 per cent increase.

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South Korea’s average export price of cars hits record high

South Korea’s average export price of cars hits record high

Seoul, July 14 - The average price of South Korean automobiles shipped overseas hit a new record high in the first half of 2024, data showed on Sunday, following the growing demand for premium models.

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India can do to AI what China did to manufacturing: Bhavish Aggarwal

India can do to AI what China did to manufacturing: Bhavish Aggarwal

New Delhi, July 14 - Ola Founder and CEO Bhavish Aggarwal on Sunday said that with the kind of talent India has, it will become a global leader in artificial intelligence (AI) the way China became in manufacturing.

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27 establishments add 30,000 employees, over Rs 1,688 cr to EPFO fund in 2 years

27 establishments add 30,000 employees, over Rs 1,688 cr to EPFO fund in 2 years

New Delhi, July 14 - The Centre on Sunday said that 27 establishments have surrendered their exemption in the last two years, adding about 30,000 employees and an amount of Rs 1688.82 crore to the Fund under the Employees' Provident Fund Organisation (EPFO).

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Centre likely to amend rules for packaged commodities to bring uniformity

Centre likely to amend rules for packaged commodities to bring uniformity

New Delhi, July 14 - In a bid to establish uniformity for packaged commodities, the Department of Consumer Affairs on Sunday proposed to amend rules for packaged commodities meant for retail sale.

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India needs stronger policy & infra to enable healthier food choices: Expert

India needs stronger policy & infra to enable healthier food choices: Expert

New Delhi, July 14 - India is ahead of neighbouring countries in the implementation of food environment policies, but needs stronger policies and infrastructure to enable healthier food choices to combat non-communicable diseases (NCDs) like obesity, diabetes, and heart diseases, according to an

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Stock markets open on positive note, HCLTech gains

Stock markets open on positive note, HCLTech gains

Mumbai, July 15 - The Indian benchmark indices opened on a positive note on Monday amid IT quarterly results and foreign institutional investors’ (FII) buying.

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Afghanistan’s central bank puts on auction $15 million

Afghanistan’s central bank puts on auction $15 million

Kabul, July 14 - Afghanistan's central bank put on auction $15 million on Sunday in a bid to maintain the stability of the national currency afghani.

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Last decade saw Indian homebuyers’ wait for possession reduce to 4.9 years: Report

Last decade saw Indian homebuyers’ wait for possession reduce to 4.9 years: Report

Mumbai, July 14 - The last decade has seen homebuyers' wait for possession in large under-construction projects in the top cities reduce to 4.9 years, from 6.1 years in the 2010-2019 period, a report showed on Sunday.

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Apple approves first PC emulator for iOS to run classic games

Apple approves first PC emulator for iOS to run classic games

New Delhi, July 14 - Tech giant Apple has approved the first PC emulator for the iOS ecosystem to run classic software and games.

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India’s defence exports record over 30-fold quantum leap in last 10 years

India’s defence exports record over 30-fold quantum leap in last 10 years

New Delhi, July 14- India’s defence exports have recorded a 30-fold quantum leap over the last 10 years from a mere Rs 686 crore in the financial year 2013-14 to a record Rs 21,083 crore in FY 2023-24, reflecting the global acceptability of

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Market outlook: Q1 results, FII inflow, monsoon updates key factors next week

Market outlook: Q1 results, FII inflow, monsoon updates key factors next week

Mumbai, July 14 - The Indian equity market experienced one of the best weeks of 2024, with the Nifty and Sensex reaching all-time highs of 24,592.20 and 80,893.51, respectively, before closing at 24,502.15 and 80,519.34.

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