US-based geoscience firm keen on oil exploration project in South Korea

US-based geoscience firm keen on oil exploration project in South Korea

Seoul, June 4 - The owner of US-based geoscience research company Act-Geo said on Tuesday he was traveling to South Korea to discuss Seoul's newly envisioned offshore oil and gas exploration project on the east coast.

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Govt seeks stakeholders’ views on draft Central Excise Bill

Govt seeks stakeholders’ views on draft Central Excise Bill

New Delhi, June 4 - The Central Board of Indirect Taxes & Customs (CBIC) on Tuesday invited suggestions on the draft Central Excise Bill, 2024, from stakeholders by June 26 as part of the pre-legislative consultation process.

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India’s foodgrain production rises by 211 lakh million tonnes in 2023-24

India’s foodgrain production rises by 211 lakh million tonnes in 2023-24

New Delhi, June 4 - The country’s total foodgrain production is estimated at 3288.52 Lakh Metric Tonnes (LMT) for 2023-24 which is 211.00 LMT higher than the average foodgrain production of the last 5 years (2018-19 to 2022-23) of 3077.52 LMT, according to

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Investors lose Rs 30 lakh crore in single day in biggest market fall in 4 years

Investors lose Rs 30 lakh crore in single day in biggest market fall in 4 years

Mumbai, June 4 -Jitters of counting day led the Indian indices to experience their biggest fall in the last four years on Tuesday with the investors losing nearly Rs 30 lakh crore in a single season.

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With increasing govt support, next 5 years hold great potential for EV sector: Experts

With increasing govt support, next 5 years hold great potential for EV sector: Experts

New Delhi, June 4 - With increasing governmental support, infrastructural advancements, and growing consumer awareness, the next five years hold immense potential for the electric vehicle (EV) sector, experts said on Tuesday.

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Govt approves Rs 128cr for CPGRAMS version 8.0 with upgraded tech platform

Govt approves Rs 128cr for CPGRAMS version 8.0 with upgraded tech platform

New Delhi, June 4 + The government has approved an allocation of Rs 128 crore for CPGRAMS (Centralised Public Grievance Redress and Monitoring System) version 8.0 with an upgraded technology platform to be implemented over the next two years, Department of Administrative reforms

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ChatGPT suffers global outage, OpenAI says working on a fix

ChatGPT suffers global outage, OpenAI says working on a fix

New Delhi, June 4 - Artificial intelligence (AI)-chatbot ChatGPT on Tuesday suffered an outage as several users globally, including in India, were unable to access the service or generate any responses.

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Microsoft faces complaints in EU over violating children’s data privacy

Microsoft faces complaints in EU over violating children’s data privacy

London, June 4 - Privacy rights organisation noyb on Tuesday lodged two complaints with Austria’s data protection authority against tech giant Microsoft for allegedly violating children’s data protection rights.

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Tokyo stocks end lower amid profit taking, automaker scandal

Tokyo stocks end lower amid profit taking, automaker scandal

Tokyo, June 4 - Tokyo stocks ended the winning streak by closing lower on Tuesday, as investors took action to lock in gains while the testing scandal grew among major Japanese automakers.

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Malaysia’s manufacturing PMI improves in May

Malaysia’s manufacturing PMI improves in May

Kuala Lumpur, June 4 - Malaysia's manufacturing sector conditions improved midway through the second quarter of 2024, with the seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers' Index (PMI) rising to 50.2 in May from 49 in April.

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Sri Lanka’s All Share Price Index grew by over 25 pct in 2023

Sri Lanka’s All Share Price Index grew by over 25 pct in 2023

Colombo, June 4 - Sri Lanka's All Share Price Index (ASPI) grew by over 25 per cent in 2023 in comparison to the year 2022, Director General of the Securities and Exchange Commission (SEC) Chinthaka Mendis presented the 2023 annual report.

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Sensex, Nifty in free fall as counting enters crucial phase

Sensex, Nifty in free fall as counting enters crucial phase

New Delhi, June 4 - The Indian indices went into a free fall on Tuesday with all the sectoral indices led by PSUs trading in deep red, as counting of votes for the Lok Sabha elections entered a crucial phase.

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MediaTek joins Arm Total Design to accelerate AI innovation

MediaTek joins Arm Total Design to accelerate AI innovation

New Delhi, June 4 - Chipmaker MediaTek on Tuesday announced that it has joined Arm Total Design, an ecosystem that aims to accelerate and simplify the development of products based on Arm Neoverse Compute Subsystems (CSS).

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Rs 26 lakh crore investor wealth erased after Sensex tanks 3,690 points

Rs 26 lakh crore investor wealth erased after Sensex tanks 3,690 points

Mumbai, June 4 - Indian equity indices saw a steep fall on Tuesday after early counting trends showed a tough contest between the NDA and the opposition INDIA bloc in the Lok Sabha elections.

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Microsoft, KT to jointly develop AI, cloud technologies

Microsoft, KT to jointly develop AI, cloud technologies

Seoul, June 4 - KT Corp, a South Korean telecom company, said on Tuesday it will join hands with US technology giant

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Coal production up over 10 per cent in May: Ministry

Coal production up over 10 per cent in May: Ministry

New Delhi, June 3 - India's coal production reached 83.91 million tonnes (MT) in May, a growth of 10.15 per cent compared to the corresponding period of the previous year's 76.18 MT, the Centre said on Monday.

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Adani One, ICICI Bank launch India’s 1st credit cards with airport-linked benefits

Adani One, ICICI Bank launch India’s 1st credit cards with airport-linked benefits

Ahmedabad, June 3 - Marking its maiden venture in the financial sector, Adani One on Monday introduced India's first co-branded credit cards with ICICI Bank, along with airport-linked benefits in collaboration with Visa.

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Sensex, Nifty open 2 per cent down on counting day

Sensex, Nifty open 2 per cent down on counting day

Mumbai, June 4 - Sensex went down over 1,500 points on Tuesday as the Nifty dropped more than 500 points amid early trends on Lok Sabha elections counting day.

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Indian stocks on US exchanges surge as Exit Polls indicate big win for BJP

Indian stocks on US exchanges surge as Exit Polls indicate big win for BJP

New York, June 4 - The surge in stock prices in India fueled by the Exit Polls showing a big win for the BJP has carried on to the stocks of Indian companies trading in the US.

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X user advises to throw Mamaearth products in dustbin, co-founder reacts

X user advises to throw Mamaearth products in dustbin, co-founder reacts

New Delhi, June 3 - Reacting to an X user who advised people to throw Mamaearth products in the dustbin, co-founder Ghazal Alagh on Monday said that she would love to address if there was a problem as the products come with her

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