Stock markets continue upward trajectory, Nifty touches fresh all-time high

Stock markets continue upward trajectory, Nifty touches fresh all-time high

Mumbai, July 15 - The Indian benchmark indices on Monday continued their upward momentum driven by positive expectations from the upcoming Union Budget and robust foreign institutional investor (FII) inflows, along with better-than-expected results from the IT sector.

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Sridhar Vembu on developing talent, addressing ‘power imbalance at Indian workplaces

Sridhar Vembu on developing talent, addressing ‘power imbalance at Indian workplaces

New Delhi, July 15 - Zoho Co-founder and CEO Sridhar Vembu on Monday said that addressing “power imbalance” or “respect imbalance” is very important to be really connected and grounded in reality at the workplace.

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Budget needs to further accelerate robust digital infra across India: Industry

Budget needs to further accelerate robust digital infra across India: Industry

New Delhi, July 15 - The Digital Infrastructure Providers Association (DIPA) on Monday urged the government to extend input tax credit for telecom towers under the GST regime in the upcoming Union Budget 2024-2025, which would significantly reduce costs for infrastructure providers and

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WPI inflation remains benign, food prices to rationalise in next 2-3 months: Experts

WPI inflation remains benign, food prices to rationalise in next 2-3 months: Experts

Mumbai, July 15 - Inflation in the food articles is expected to rationalise by September/October as many of the Kharif crops will be entering the mandis supplementing the existing supply, industry experts said on Monday.

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Ashok Leyland bags order for 2,104 buses from Maharashtra State Road Transport Corporation

Ashok Leyland bags order for 2,104 buses from Maharashtra State Road Transport Corporation

New Delhi, July 15 - Commercial vehicle manufacturer Ashok Leyland, on Monday, said it has bagged the single-largest, fully-built bus order from the Maharashtra State Road Transport Corporation (MSRTC) for 2,104 units of its Viking passenger bus.

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Homegrown EV firm BluSmart raises Rs 200 cr

Homegrown EV firm BluSmart raises Rs 200 cr

New Delhi, July 15 - Homegrown Electric Vehicle (EV) company BluSmart on Monday said it has raised $24 million (about Rs 200 crore) in its pre-series B round.

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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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