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
CERT-In, Mastercard join hands to bolster cybersecurity for financial sector
New Delhi, June 19 - The Computer Emergency Response Team (CERT-In), under the IT Ministry, on Wednesday said it has joined hands with financial giant Mastercard to promote cooperation and information sharing in the area of cybersecurity related to the financial sector.
9 Indian ports make it to World Bank’s Global Top 100 list
New Delhi, June 19 - In a major achievement, as many as 9 Indian ports have made it to the Global Top 100 in the latest edition of the Container Port Performance Index (CPPI), 2023, prepared by the World Bank and S&P Global
Probe into imported Toyota, Yamaha models over fraudulent Japanese testing
Seoul, June 20 - The South Korean government said on Thursday it has carried out a probe into some imported vehicles made by Japanese automakers Toyota Motor Corp. and Yamaha Motor Co. in connection with their improper certification tests in their home country.
RBI to be positioned as model for Global South: Shaktikanta Das
Mumbai, June 20 - RBI Governor Shaktikanta Das on Thursday said that "necessary policy actions" are on the anvil for positioning the Reserve Bank as a model central bank of the Global South.
India to make huge progress on back of young population, rapid development: NSE CEO
Mumbai, June 20 - Riding on a young talented population, rapid technological developments and overall economic growth, India will be able to generate more wealth in comparison to other countries in years to come, Ashish Kumar Chauhan, Managing Director and CEO of National
RBI sees India’s economy shifting from 7 to 8 per cent
Mumbai, June 19 - There is an increasing evidence of a trend upshift taking shape, which is shifting India's growth trajectory from the 2003-19 average of 7 per cent to the 2021-24 average of 8 per cent or even more, powered by domestic
4 Adani ports make it to World Bank’s global ‘Container Port Performance Index’
Ahmedabad, June 19 - Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday said four of its ports have been featured in the prestigious 'Container Port Performance (CPP) Index 2023', developed by the World Bank and S&P Global Market Intelligence.