India now has 3,600 deeptech startups, ranks 6th globally: Nasscom
New Delhi, June 20 - India now ranks sixth among the top nine deeptech ecosystems globally with 3,600 such startups, which received $850 million funding last year, a Nasscom report said on Thursday.
Indian bonds’ inclusion in JPMorgan index set to attract record foreign fund inflows
Mumbai, June 20 - Indian bonds are set to attract record foreign fund inflows on June 28 when they will be included in JPMorgan's Emerging Market Index.
RBI Governor urges banks to adopt AI for reducing risk of fraud
Mumbai, June 20 - RBI Governor Shaktikanta Das on Thursday underlined the importance for banks and NBFCs to adopt advanced and emerging technologies such as artificial intelligence (AI), and machine learning (ML) to prevent financial fraud.
Indian tech professionals saw median salary hike of 150 pc post upskilling: Report
New Delhi, June 20 - Indian tech professionals have secured a median salary hike of 150 per cent and 110 per cent, respectively in the last two years post-skilling, a new report showed on Thursday.
Tech startups raise $4.1 billion in 1st half of 2024, India remains 4th-highest funded globally
Bengaluru, June 20 - Indian tech startups raised $4.1 billion in the first half this year (January to June to date), a 4 per cent increase from $3.96 billion in the second half of 2023, a report showed on Thursday, as the country
BharatPe, Invest India join hands to drive financial inclusion via ODOP initiative
New Delhi, June 20 - Fintech platform BharatPe on Thursday partnered with Invest India to promote digital financial inclusion and financial literacy across One District One Product (ODOP) producers and sellers in the country.
DGCA asks airlines, airports to increase women staff to 25 pc of workforce
New Delhi June 20 - Civil aviation regulator, Directorate General of Civil Aviation (DGCA), has issued an advisory to airports and airlines to increase the number of women employees in their organisations to ensure more gender equality in the aviation sector.
FIU slaps Rs 18.8 crore fine on crypto exchange Binance
New Delhi, June 20 - The Financial Intelligence Unit in India (FIU-IND) has imposed a penalty of Rs 18.82 crore on the world's largest crypto exchange Binance for violating anti-money laundering regulations.
India becomes third-largest domestic airline market
New Delhi, June 20 - Driven by robust growth in the aviation sector in the last decade, India is now the third-largest domestic airline market in the world, up from 5th position 10 years ago.
India’s efforts in energy transition can be replicated by others: WEF
New Delhi, June 20 -The World Economic Forum has lauded India's progress in global energy transition, observing that the country "is leading the way in creating outcomes that can be replicated elsewhere".
Kuala Lumpur-bound Malaysia Airlines flight returns to Hyderabad due to technical snag
Hyderabad, June 20 - A Malaysia Airlines flight from Hyderabad to Kuala Lumpur returned to Rajiv Gandhi International Airport (RGIA) here on Thursday due to a technical snag.
Crypto exchange Binance to pay Rs 18.82 cr fine to restart India operations
New Delhi, June 20 - Leading blockchain and cryptocurrency platform Binance will be required to pay Rs 18.82 crore fine to restart operations in India.
AI platform OrbitShift raises $7 million to expand product footprint
New Delhi, June 20 - AI-native sales operating system OrbitShift on Thursday said it has raised $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners.
Sensex trades flat after opening in green
Mumbai, June 20 - Indian equity benchmarks were trading flat on Thursday as mixed cues from global markets. At 9.50 a.m., Sensex was down 28 points or 0.04 per cent, at 77,309 and Nifty was down 16 points or 0.07 per cent at
Mirae Asset Mutual Fund launches India’s 1st EV exchange-traded fund
Mumbai, June 20 - Mirae Asset Investment Managers (India) on Thursday launched India’s first exchange-traded fund (ETF) focused on the electric vehicles (EV) and new-age automotive segment, after the National Stock Exchange (NSE) launched a new Nifty EV index last month.
Samsung unveils industry’s first AI hybrid fridge using ‘Peltier’ modules
Seoul, June 20 - Samsung Electronics on Thursday unveiled the industry's first hybrid refrigerator using semiconductor elements and artificial intelligence (AI) to improve energy efficiency and performance.
Former OpenAI Co-founder Ilya Sutskever launches new AI company
San Francisco, June 20 - Ilya Sutskever, one of the co-founders of AI company OpenAI, has launched a new firm called Safe Superintelligence Inc (SSI), just a month after leaving the ChatGPT maker.
Curtain raiser for ‘Invest Karnataka 2025’ held in Bengaluru
Bengaluru, June 20 - Karnataka Chief Minister Siddaramaiah announced on Wednesday that the state government aims to achieve an annual industrial growth rate of 15-16 per cent to reach a $1 trillion economy by 2032.
16.47 lakh new workers enrolled in ESI scheme as employment rises
New Delhi, June 19 - The payroll data of the Employees' State Insurance (ESI) scheme released on Wednesday shows that 16.47 lakh new employees have been added in April this year out of which close to half are youngsters aged up to 25
Cabinet gives nod to Rs 7,453 crore scheme for offshore wind energy projects
New Delhi, June 19 - The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs 7,453 crore, according to an official statement issued after