India’s smartwatch market stagnates for 1st time, rises 0.3 pc in Q1: Report
New Delhi, June 6 - India's smartwatch shipments stagnated for the first time, rising marginally by 0.3 per cent (year-on-year) in the first quarter (Q1) of 2024, a new report said on Thursday.
India Inc sees resilient investments at $6.7 billion across key sectors in May
New Delhi, June 6 - India Inc saw resilient private equity (PE) investments amid elections as the month of May witnessed 145 deals worth $6.7 billion, a report showed on Thursday.
India’s unemployment rate decreased to 3.1 per cent in 2023: Report
New Delhi, June 6 - India's unemployment rate decreased to 3.1 per cent in 2023, down from 7 per cent in 2022 amid robust government policies, a report showed on Thursday.
‘Petrol cheaper in Assam than West Bengal’: CM Sarma defends hike
Guwahati, June 6 - A day after Lok Sabha poll results were declared, the Assam government hiked taxes on petrol and diesel. Chief Minister Himanta Biswa Sarma claimed that the prices of fuel are cheaper in Assam by at least Rs 7 compared
Railways rushes more coal to power plants to meet peak summer demand
New Delhi, June 6 - Indian Railways transported 9.3 per cent more coal in May this year compared to the same month last year to help the country’s power plants meet the peak demand for electricity in the scorching summer from power plants,
Time to position India as creator of global brands: Industry
New Delhi, June 6 - Policies of the incumbent government have added significant thrust to economic development as well as fast-tracked infrastructure development, and the time now is to position India as a creator of global brands, industry experts said on Thursday.
Global investment in clean energy at $2 trillion is twice that of fossil fuels in 2024: IEA
New Delhi, June 6 - Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for clean technologies, according to a new
Domestic air passenger traffic surges in May 2024: ICRA report
New Delhi, June 6 - Domestic air passenger traffic in India saw a notable increase in May, reaching approximately 138.9 lakh passengers, marking a 5.2 per cent rise from April's 132.0 lakh passengers, according to a recent report by ICRA, a leading credit
Nvidia hits $3 trillion market cap, surpasses Apple on AI boom
New Delhi, June 6 - Al chipmaker Nvidia has surpassed technology giant Apple to become the world's second most valuable company, just behind Microsoft.
Analysts remain bullish on private banks stocks, say ‘fundamentals’ strong
Mumbai, June 6 - As private bank stocks recovered sharply this week, a Goldman Sachs analysis has said this offers opportunities to investors to "accumulate" private bank stocks.
India’s economic fundamentals, growth prospects remain encouraging: Analysts
New Delhi, June 6 - With the new government set to take oath under the leadership of Prime Minister Narendra Modi, top global brokerage firms and market analysts said on Thursday that India’s economic fundamentals remain strong and the country's growth prospects, inflation
RBI likely to leave interest rates unchanged
Mumbai, June 6 - The RBI is expected to leave interest rates unchanged in its monetary policy review as it continues to maintain a balance between pushing for economic growth and keeping inflation in check.
Clodura.AI raises $2 mn from Bharat Innovation Fund
New Delhi, June 6 - AI-powered sales prospecting platform Clodura.AI on Thursday said that it raised $2 million in a pre-Series A funding round led by the Bharat Innovation Fund with additional backing from Malpani Ventures.
Sensex trades higher on positive global cues
Mumbai, June 6 - Indian frontline indices opened in green on Thursday following positive global cues.
Google buys Cameyo to bring Windows apps to ChromeOS devices
New Delhi, June 6 - Google has acquired Cameyo, which develops virtualisation tools to run Windows apps on ChromeOS devices, for an undisclosed sum.
BHEL bags Rs 3,500 crore order from Adani Power for Raipur TPP project
New Delhi, June 5 - The Bharat Heavy Electricals Ltd (BHEL) said on Wednesday that it has secured a Rs 3,500 crore order from Adani Power Limited for setting up a 1,600 MW thermal power plant (TPP) at Raipur, Chhattisgarh.
CBIC starts electronic disbursal of duty drawback directly to exporters’ bank accounts
New Delhi, June 5 - Central Board of Indirect Taxes and Customs (CBIC) has started to electronically disburse duty drawback amounts directly to the bank accounts of exporters in order to facilitate trade, the Finance Ministry said on Wednesday.
Apple earned over $1.95 trillion from iPhone sales so far: Report
New Delhi, June 5 - Despite the apparent decline in the first three months of the year, iPhone lifetime sales still rose to shocking highs as the tech giant Apple grossed over $1.95 trillion from iPhone sales so far, a new report said
Google parent Alphabet appoints Anat Ashkenazi as new CFO
San Francisco, June 5 - Google parent Alphabet on Wednesday announced the appointment of Anat Ashkenazi as the company's new Chief Financial Officer (CFO).
Shares of Adani Portfolio companies rebound, led by Adani Green
Mumbai, June 5 - The shares of Adani Group's portfolio of companies made a strong comeback on Wednesday, led by Adani Green Energy and Adani Ports, as the stock markets recovered from Tuesday's losses.