CATEGORIES

Firms look to ChatGPT for new tech solutions

Potential use cases include marketing, support issues, troubleshooting

India on track to meet SDG target as over 400 million exit poverty

Over 400 million Indians escaped poverty between 2005-06 and 2019-2021, according to the Economic Survey 2022-23, tabled in Parliament on Tuesday.

'Fiscal discipline translates to stimulus'

The fiscal discipline followed by the government lowers the cost of capital for all sections of society, freeing up resources for a future stimulus, according to the Economic Survey 2022-23 tabled in Parliament by finance minister Nirmala Sitharaman.

Interest-free loans to states may continue in capex drive

Capex-led growth strategy will ensure sustainable debt levels in the medium term, says Survey

Economic Survey sees FY24 GDP growth slowing to 6.5%

Despite slowing growth, India will still be the fastest-growing major economy

'10% Of Indians Have Faced Food Insecurity'

Around 10% of Indians have experienced food insecurity ranging from mild to moderate and severe categories, a study by the Public Health Foundation of India has found.

Adani's Response Ignored Key Questions: Hindenburg

Short-seller says fraud can't be 'obfuscated by nationalism or a bloated response' that ignores allegations

SC upholds order to clear Jet staff dues

The Supreme Court on Monday dismissed the plea by the Jalan Kalrock Consortium, the winning bidder for Jet Airways' revival, challenging a National Company Law Appellate Tribunal order which directed them to pay provident fund and gratuity dues to the airline's former employees.

47 killed, over 150 wounded in Pakistan mosque blast

A suicide bomber struck a crowded mosque A inside a police compound in Pakistan on Monday, causing the roof to collapse and killing at least 47 people and wounding more than 150 others, officials said.

Sephora, RIL call off retail deal

Sephora and Reliance Retail Ltd have abandoned talks to form a retail partnership for the Indian market with the French multi-brand beauty products chain deciding to continue with its existing alliance with Arvind Fashions Ltd, said two people familiar with the matter.

Bitcoin barrels toward historic Jan

Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing.

Oil extends losses as investors eye rate hike

Oil prices extended losses on Monday as interest rates by major central banks and signs of strong Russian exports offset rising Middle East tension over a drone attack in Iran and hopes of higher Chinese demand.

Xiaomi global VP Manu Jain steps down

Xiaomi's global vice president and former head of its Indian operations Manu Jain has announced his departure from the Chinese electronics maker after a nine-year stint.

OLX to trim global headcount by 15%; auto unit worst hit

OLX Group, the classifieds unit of South Africa's Naspers-owned internet group Prosus, will fire 15%, or about 1,500 employees, of its global workforce as part of a broader restructuring, two people aware of the development said on condition of anonymity.

Govt working to simplify tariff formula for minor airports

The civil aviation ministry and Airports Economic Regulatory T Authority are working to simplify the tariff-setting mechanism for all minor airports in India, two officials said.

Unilever names Dutch dairy boss Schumacher as CEO

Unilever named Royal FrieslandCampina boss Hein Schumacher as its next chief executive officer, bringing forward Alan Jope's replacement after strategy mishaps frustrated investors including Nelson Peltz.

IMF retains India's GDP growth outlook for next fiscal at 6.1%

The International Monetary Fund (IMF) on Tuesday projected India to be the fastest-growing major economy in FY24, retaining the forecast at 6.1% in its latest World Economic Outlook, citing \"resilient\" domestic demand despite a challenging external environment.

Airtel may widen base tariff hike

Bharti Airtel Ltd, which has gradually raised entry-level tariffs from ₹99 to ₹155 in 18 out of 22 telecom circles, plans to do the same for the remaining circles as well, an industry executive said.

Ananya, Aryaman inducted into Aditya Birla Fashion board

Ananya Birla, 28, and Aryaman Vikram Birla, 25, children of billionaire Kumar Mangalam Birla, were inducted as directors of Aditya Birla Fashion and Retail Ltd on Monday, marking the entry of the fifth generation of the family in the $60 billion conglomerate.

Shares of some Adani group firms continue sharp decline

Investors in group stocks have lost about ₹5.7 tn following the release of the Hindenburg report

Adani's market performance may yet surprise Hindenburg

Adanis ambitions are linked with Indias as many investors view it

US Fed: The Scylla of doing too of too much little and Charybdis

It may be best to stay on guard over the economy's ability to bend without breaking as it enters a period of maximum danger

The ironic difficulty of discerning what is real

The information age has granted us no relief from the money illusion'. Being human, we're all too easily misled by retail and asset inflation. L'affaire Adani reminds us to stay aware

Iran military factory hit by drone attack

A loud explosion struck a military industry factory near the central Iranian city of Isfahan overnight in what Tehran said on Sunday was a drone strike by unidentified attackers.

Have economists misunderstood inflation?

Imagine it is late 2024. Inflation in the rich world has fallen from its peak but stayed stubbornly high. At around 4%, it is well above the level at which most central banks are comfortable.

India's dream of 'techade' will be fulfilled by innovators: PM

Prime Minister Narendra Modi on Sunday said domestic patent filings have outscored the country's foreign patent filings as he expressed confidence that India's dream of \"techade\"-his call for Indian technologies to dominate the decade-will be fulfilled on the strength of its innovators.

Razorpay offers forex service for startups

RazorpayX to help startups complete fund transfer process in 48 hours

Medical colleges to enrol as adverse drug reaction monitoring centres

The Union government has asked all medical colleges and post-graduate medical institutions in the country to sign up as adverse drug reaction monitoring centres (AMCs), as it tries to promote patient safety and protect India's image as the world's pharmacy.

UAE free trade pact sees rising utilization by Indian exporters

Exports under CEPA comprised 60% of New Delhi's non-oil shipments to Abu Dhabi in the Dec quarter

Budget to bring tax clarity for offshore digital businesses

The government plans to amend the GST law to clarify the Integrated Goods and Services Tax (IGST) liability for offshore digital businesses offering services such as online advertising, games, and cloud services to Indian users.