17 Indian startups raised over $196 mn in funding this week
New Delhi, June 29 - About 17 Indian startups have raised $196.4 million in funding across 17 deals this week.
Global public cloud infra market to reach $108 billion in 2024: Report
New Delhi, June 29 - The shared (public) cloud infrastructure market reached $26.3 billion in the first quarter of this year globally, up 43.9 per cent compared to a year ago, according to a new report.
World Bank approves $750 mn loan to boost Philippine’s economy
Manila, June 29 - The World Bank said that it has approved a $750 million loan to strengthen the Philippine economy's recovery.
Infinix launches new laptop with GenAI capabilities in India
New Delhi, June 29 - Infinix on Saturday launched a new laptop -- the Zero Book Ultra AI PC, with generative artificial intelligence (GenAI) capabilities to create an ecosystem of future-forward laptops in India.
Instagram suffer major outage globally, including in India
New Delhi, June 29 - Meta-owned Instagram on Saturday suffered a major outage globally, including in India, as thousands of users were unable to load Reels and access other options.
Apple Intelligence: AI with robust privacy coming soon on your devices
New Delhi, June 29 - As artificial intelligence (AI) begins to transform user experiences across devices and apps, ‘Apple Intelligence’ now aims to puts powerful generative models at the core of iPhone, iPad, and Mac systems, which will be part of iOS 18,
Political stability, aggressive retail buying force FPIs to turn buyers in India
Mumbai, June 29 - Political stability and sharp rebound in markets aided by aggressive retail buying have forced the foreign portfolio investors (FPIs) to turn buyers in India, market watchers said on Saturday.
GIFT Nifty hits record monthly turnover of $95.5 billion for June
New Delhi, June 29 - GIFT Nifty, which are traded on the National Stock Exchange (NSE), recorded a new milestone of achieving an all-time high monthly turnover of $95.55 billion (about Rs 7,97,714 crore) as on June 27.
Data centre capacity in India to double by FY25, sovereign cloud infra must: Experts
Mumbai, June 29 - The development of 'Made in India' sovereign cloud infrastructure will enhance national security and resilience, industry experts have said, as the data centre capacity in the country is likely to double from 870 MW in FY22 to about 1,700-1,800
Centre unveils 3 new initiatives to bolster healthcare services
New Delhi, June 29 - In another bid to ensure healthcare for all, the government has unveiled three new initiatives which will play a major role in improving the quality of healthcare services in the country.
Women need to be given flexibility in work to ensure they retain jobs: Arundhati Bhattacharya
Jaipur, June 29 - Former SBI Chairperson Arundhati Bhattacharya on Friday raised concern over the fact that a very small percentage of women make it to the senior management in different organisations.
India’s fiscal deficit registers steep fall in first 2 months of 2024-25
New Delhi, June 28 - The Centre’s fiscal deficit narrowed to 3 per cent of the full-year estimate in the first two months of the current financial year (2024-25) compared to 11.8 per cent during the same period of the previous fiscal on
NSE warns investors against individuals promising assured returns in stock market
New Delhi, June 28 - The National Stock Exchange (NSE) issued an advisory on Friday, cautioning investors of certain individuals promising assured returns on investment in the stock market.
Indian economy slated for sustained growth: ITC annual report
New Delhi, June 28 - Going forward, the Indian economy is expected to sustain its high growth trajectory in FY 2024-25 driven by strong momentum in fixed investments and a pickup in private consumption on the back of moderation in inflation, improvement in
India records sharp decline in share of imported coal in last 10 years as local production rises
New Delhi, June 28 - India has registered a sharp decline in the share of imported coal over the last 10 years with the compound annual growth rate (CAGR) of coal imports coming down from 21.48 per cent recorded between 2004-05 and 2013-14
India, US extend agreement on 2 per cent digital tax
New Delhi, June 28 - India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the Finance Ministry announced on Friday.
Fiscal policy statement estimates Maha economy to grow to $1 tn by 2028, $3.5 tn by 2047
Mumbai, June 28 - The Maharashtra government in its Medium-term Fiscal Policy (MTFP) statement has proposed a comprehensive strategy for higher growth of the state's economy.
Shivraj Chouhan launches portal to speed up settlement of claims under Agriculture Infra Fund
New Delhi, June 28 - Union Minister of Agriculture & Farmers' Welfare Shivraj Singh Chouhan launched a web portal to automate and speed up the process of settlement of interest subvention claims of banks submitted under the Agriculture Infrastructure Fund (AIF).
Humanoid robotics conversations surged 80 pc on X during 1st half of 2024: Report
New Delhi, June 28 - As the field of humanoid robotics is evolving rapidly, influencers on social media platform X are actively discussing how these technological advancements could transform various sectors, which led to an 80 per cent rise in conversations during the
Global Capability Centres to employ 2 million, generate up to 80bn revenue in next 2 years in India
New Delhi, June 28 - Global Capability Centres (GCCs) in India could employ 2 million people with a revenue of up to $80 billion in the next two years, a report showed on Friday.