CATEGORIES

Vedanta to exit steel by March

VEDANTA WILL COMPLETE the sale of its steel assets by March next year, its chairman Anil Agarwal said in an interview on Tuesday.

Are Data Centres Ready For Gen AI?

As AI goes mainstream, data centres will have to upgrade network infra

World Bank Cuts China's Growth Forecast For 2024

THE WORLD BANK has maintained its forecast for China's 2023 economic growth at 5.1%, in line with its previous estimate in April, but trimmed its prediction for 2024 to 4.4% from 4.8%, citing the persistent weakness of its property sector.

Al tool helps developers code faster

GitHub Copilot Chat can explain code snippets fix bugs

Learning from chatbots no longer science fiction: Harappa

Its thriveBOT can distil concepts videos into easily consumable data

Target maturity funds a good bet now

These funds offer the advantage of securing higher yields

Accenture: Cautious outlook for FY24

Clients focusing in cost reduction, limited discretionary demand

Vedanta: Demerger a positive step

Expansion of aluminum business to lead to increased profitability

Big Tech profits are buzzing as stocks slip

Analyst estimates for 2024 earnings per share rise over 10%

BimaKavach eyes SME insurance market

STARTUP INSURTECH BIMAKAVACH is aiming to collect 100 crore in gross written premium (GWP) by March 2024 from small and medium enterprises (SMEs) as it focuses on reducing difficulties for first-time buyers and providing tech solutions for larger enterprises to help them manage insurance policies better.

Banks' term deposits at 5-year high on rush for better returns

Lenders have raised interest rates over rise in inflation and to mobilise funds

Festive rush: Two-wheeler sales up 4% in Sept

DOMESTIC TWO-WHEELER SALES of four manufacturers, who control 56% of the scooter and motorcycle market, rose 4% in September as expectations of festive rush in demand pushed increase in channel stock.

Edible oil firms suffer big losses on imports surge

SHARPLY SUBDUED LEVELS of edible oil prices in the global markets for nearly a year, coupled with the government's resolve to pass the benefits on to the consumers, have kept consumption high, but hit the bottom lines of domestic companies hard.

Paddy purchases under MSP begin

THE PADDY PROCUREMENT drive by the Food India (FCI) Corporation of and state government agencies for the kharif season 2023-24 (October-September) has started in key producing states of Punjab, Haryana and Tamil Nadu, with total purchase of around 730,000 tonne of paddy so far, which is a tad higher than the previous year.

OBCs, EBCs nearly two-thirds of Bihar population

AT A TIME when the BJP and Congress are vying with each other for the OBC vote in the coming elections, Bihar chief minister and JD(U) supremo Nitish Kumar on Monday stole a march over them.

Highway awards to pick up pace as key issues resolved

Despite slow start, annual target to be achieved: Official

IBBI paper calls for UN-model cross-border insolvency law

Says India can consider model sans reciprocity requirement

WhatsApp changes tack on UPI

AFTER UNSUCCESSFULLY TRYING to replicate the success of its messaging service in the payments space, WhatsApp Pay is changing tack. It is now banking on the person-to-merchant (P2M) route, instead of person-to-person (P2P), to drive the usage of its UPI (unified payments interface) service, analysts said.

Pension guarantee likely before polls

THE CENTRE IS likely to unveil a new pension model for its staff before the start of state assembly elections in November, guaranteeing a decent amount of pension under a workable formulation, a senior official said.

Joblessness rate hits one-year low

REINFORCING THE NOTION that economic activities have picked up due to the festive period, India's unemployment rate dropped to a 12-month low of 7.09% in September.

India Inc's salary bill sees fastest jump in 10 years

Substantial IT pay hikes drove increase in Q3

SME stocks slip after migration

RETURNS FROM SMALL and medium enterprise (SME) stocks, which reached stratospheric levels when they were a part of the SME index, have fallen significantly after they migrated to the main platform of the Bombay Stock Exchange and National Stock Exchange.

India allows Nepal to sell electricity in real-time mkt

INDIA HAS ALLOWED Nepal to sell electricity generated through two hydropower projects in its real-time energy market starting Saturday midnight, according to the Nepal Electricity Authority (NEA).

Britain to train Ukrainian troops in west Ukraine

BRITAIN'S NEW DEFENCE secretary has suggested that British military training of Ukrainian soldiers, which currently takes place at UK bases, could move into western Ukraine.

US House Speaker faces ouster threat

McCarthy could face an untimely end to his role as speaker

Two years on, only four states adopt Model Tenancy Act

OVER TWO YEARS since the Union Cabinet approved the Model Tenancy Act for circulation to States and Union Territories (UTs), only four states have adopted the law that aims to balance the interests of tenants and landlords, despite reminders from the Ministry of Housing and Urban Affairs (MOHUA), The Indian Express has learned.

Afghanistan embassy shuts down operations in New Delhi

The decision was taken after careful consideration

Off the beaten track

How CRED hopes to own the vehicle management space

Big opportunity for small sellers

E-commerce platforms tailor measures to level the playing field

UPI transactions cross 10 bn in Sept too

TRANSACTIONS ON THE unified payments interface (UPI) platform rose 56% year-on-year (y-o-y) to 10.6 billion in September, latest data from the National Payments Corporation of India (NPCI) showed.