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Google ends cloud switching fees, pressuring Amazon and Microsoft

The cost of switching between cloud computing providers has long drawn complaints, with the services derided as \"roach motels\" that let businesses check in but not out.

China, Maldives upgrade ties

China on Thursday pledged to extend funding for infrastructure in the Maldives, after it upgraded ties with the Indian Ocean archipelago.

Iranian navy seizes oil tanker once at centre of US crisis

Iran's navy seized an oil tanker on Thursday in the Gulf of Oman that once was at the centre of a major crisis between Tehran and Washington, officials said, a seizure that further escalates tensions in the Mideast waterways.

Israel faces genocide charge at World Court

First residents, meanwhile, return to scenes of devastation in north Gaza

'Fintechs may need regulatory help'

Financial technology (fintech) companies are currently riding the innovation wave, but profitability will at some point become a concern, when the regulator may have to intervene, veteran banker K.V. Kamath said at the 16th edition of the annual Mint BFSI Summit and Awards.

'Sebi is planning to regulate finfluencers'

Markets regulator the Securities and Exchange Board of India (Sebi) is planning to bring finfluencers under the ambit of the market norms, said Kamlesh Varshney, whole time member, Sebi.

Mint awards best BFSI firms in gala ceremony

13 firms from BFSI industry received awards from banker K. V. Kamath

Steel sector asks govt to curb cheap imports

India became a net importer of finished steel in November

Microsoft beats Apple as world's most valuable firm

Microsoft overtook Apple as the world's most valuable company on Thursday after the iPhone maker's shares made a weak start to 2024 due to growing concerns over demand.

At BMW, first-time buyers take a second hand route

While BMW keeps EV lead in luxury automobiles, it will not launch another hybrid in India

2024 won't be easy ride for Maruti

Maruti Suzuki India Ltd is walking the talk. It is making steady progress towards achieving its production capacity target of four million units per annum by FY31. On Wednesday, the automaker announced two capacity additions in Gujarat, entailing a total investment of ₹38,200 crore.

RBI, Sebi wary as US embraces Bitcoin ETF

RBI guv said emerging markets should stay away from cryptocurrencies

Overused antibiotics no longer work for 'sizeable' Indian population

Antibiotics routinely prescribed to treat common ailments no longer work as bacteria have developed resistance to these drugs due to their overuse in India, a government body said, echoing concerns long voiced by international experts.

NIC drops plan to tighten e-way bill rules

Goods and Services Tax (GST) authorities have dropped a plan to block generation of goods transportation permits, or e-way bills, from 1 March for companies that fail to produce 'e-invoices' for their wholesale transactions through designated portals.

Electronics and pharma top Indian exports in April-Nov

Indian exports in 2024 are likely to be influenced by global factors such as the Red Sea crisis

Google cuts jobs, marshalls AI resources

Google laid off hundreds of employees in several areas of the business on Wednesday, a sign of further cost reductions at the search giant as it continues to reverse a pandemic hiring spree.

Railway budget to swell 25% to ₹3 tn

Budgetary allocation for Indian Railways is expected to hit record levels in 2024-25 as the government gears up to support a major makeover for the national transporter with additional modern and faster trains and improved safety features.

Sanctions cloud: SBI avoids Russia oil bills

State Bank of India (SBI) has long avoided payment transactions for Russian oil bought by staterun refiners to avert US sanctions that came into force on 5 December 2022, two people aware of the matter said.

'Can't afford a crypto mania; RBI stance stays unchanged'

The US may have greenlighted exchange-traded funds (ETFs) in bitcoin, but for India's apex banking regulator, cryptocurrencies remain a strict no-no.

Attrition falls in IT Inc.

Tata Consultancy Services (TCS) Ltd and Infosys Ltd on Thursday reported their lowest attrition in more than two and three years, respectively, indicating a muted job market in the growing shadow of artificial intelligence (AI).

TCS edges past Infy in slow Dec quarter

Both firms may see slowest full-year growth in current fiscal year

Pulse of a nation: Is self-sufficiency in dal possible?

Last week, the government launched a new portal to buy pulses directly from farmers at support prices, targeting to be self-sufficient by 2027. To achieve that goal farmers will also need high-yielding varieties and a favourable trade policy. Mint explains:

Markets up on gains in IT stocks, Adani's mega investment plans

India's Nifty 50 and Sensex rose on Wednesday, led by gains in IT companies ahead of quarterly results and boosted by a jump in some Adani group stocks on the conglomerate's plan for a $24 billion investment.

Budget To Focus On 5 Key Social Segments

Special attention on the poor, women, youth, farmers, tribals

On bended knee for a dairy treat in Sofia, Bulgaria

From a range of cheeses to warm yogurt dishes, the Balkan country serves up a lactose lover's dream buffet

'Camp memories' from Jammu in the 1990s

Siddhartha Gigoo's memoir captures life in the Udhampur camp in Jammu in the 1990s and the continuing trauma of Kashmiri Pandits

India's burden of public debt has stayed within reasonable limits

The Centre has spent heavily on its developmental priorities without borrowing more than what our GDP growth can handle

Our import duty regime needs urgent correction

The budget is an opportunity to rectify inversions. We need generally lower tariffs and not just item-wise fixes for better trade performance and integration with global value chains

Got insurance policy? Know the cost of surrendering it

The process involves multiple visits to the branch office, affects surrender value of policy

DOES VIVO HAVE A FUTURE IN INDIA?

The smartphone maker is battling charges of money laundering. This has implications for its business partners and employees