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Apple designs AI chip for data centers Project ACDC)
Apple Inc. is reportedly in the process of developing its own chip designed to power artificial intelligence (AI) tools in data centers, as reported by the Wall Street Journal.
LNG trading booms in anticipation of India’s need
In April, liquefied natural gas (LNG) futures trading volumes experienced a significant surge amidst rising demand and geopolitical tensions, indicating robust activity in anticipation of the upcoming summer season.
Media industry cries foul, national broadcasting policy too restrictive
The Indian government’s National Broadcasting Policy has encountered significant criticism from television broadcasters, film and TV producers, and other industry bodies who argue that the proposed regulations could severely restrict freedom of expression. The policy aims to encompass all forms of media, including streaming video and audio platforms, under a unified regulatory framework.
INDIA'S FMCG INDUSTRY SOARS 6.6% LED BY COUNTRYSIDE CONSUMPTION
NielsenIQ noted a shift as rural consumption outpaced urban demand in the March quarter, with rural markets experiencing a 7.6% surge compared to urban markets’ 5.7% growth.
Spotify Trials Lossless Audio Feature
Reports suggest that Spotify is currently experimenting with lossless audio streaming capabilities. This isn’t the initial endeavor by the Swedish audio streaming service to introduce support for lossless audio on its platform.
More Than 23 Million Afghans Urgently Require Humanitarian Aid: UNAMA Report
The latest report from the United Nations Assistance Mission in Afghanistan (UNAMA) paints a bleak picture, revealing that a staggering 23.7 million people are in desperate need of humanitarian assistance as of 2024, as reported by Khaama Press.
India And Ghana To Launch Mobile Payments System Within 6 Months
In a landmark move aimed at fostering closer economic ties, India and Ghana have agreed to expedite the process of linking their respective payment systems.
Tata CLiQ Luxury expands its pre-owned category
After the successful launch of the pre-owned category earlier this year, Tata CLiQ Luxury, India’s premier luxury lifestyle platform, has expanded the category further by onboarding Ziniosa.
WON'T GO BACK TO BJP EVEN IF IT OPENS DOOR: UDDHAV THACKERAY
Shiv Sena (UBT) chief Uddhav Thackeray on Sunday said even if the BJP opens the door for him, he will not go back to his former ally, accusing the saffron party of sinking his government in 2022 through ‘treachery’.
SUPREME COURT: BANK VICARIOUSLY LIABLE FOR CONDUCT OF ITS EMPLOYEES
The Supreme Court in the case Leelawati Devi And Anr. v. District Cooperative bank Ltd. observed and has held that recipients of a fixed deposit cannot suffer at the cost of the criminal conduct of the Bank officials and that, in such kind of an event the Bank would be held vicariously liable for the such kind of conduct of their employees.
SUPREME COURT: STRONGER EVIDENCE NEEDED TO SUMMON PERSON AS ADDITIONAL ACCUSED DURING TRIAL | SECTION 319 CRPC
The Supreme Court in the case Shankar Versus the State Of Uttar Pradesh And Ors. observed and has held that to summon a person as an additional accused while invoking powers as stated under Section 319 of the Code of Criminal Procedure, the degree of satisfaction is much stricter.
SUPREME COURT FRAMED ISSUES TO CONSIDER, HEARING IN JULY 2024: CHALLENGE TO SURROGACY LAW
The Supreme Court in the case Arun Muthuvel v. Union of India observed and has elucidated the issues it would be considering in a batch of petitions filed challenging provisions of the Surrogacy, the Regulation Act, 2021 and the Surrogacy, Regulation Rules, 2022.
INDIA'S INDIGO ORDERS 30 AIRBUS A350 WIDEBODY AIRCRAFT
While the Airbus A320 Family is supporting the democratisation of air travel in India, the A350 has become the reference aircraft to unlock the true potential of the international market for the Indian carriers.
Titan Co selects three CEO candidates; CK Venkataraman to step down in 2025
Titan Company finds itse lf struggling with another leadership transition, marking the fourth instance in its 40year history, as the Tata Group subsidiary initiates the search for a new chief executive officer (CEO) prior to the imminent departure of its third CEO, C K Venkataraman.
MARCH BANKING TRENDS: BUSINESS LOANS BOOM, PERSONAL LOANS SLOW AFTER HDFC MERGER
Business loans boom, personal loans slows down: March banking trends after HDFC merger. According to CareEdge Ratings, gross bank credit
Online learning and tuition hikes to boost revenue, says Ind-Ra
India Ratings and Research (Ind-Ra) has provided a positive outlook for the education sector for the financial year 2024-25, citing factors such as growing enrolments and increasing tuition fees per student as key drivers.
MORE VOTERS CAST BALLOTS DESPITE LOW TURNOUT” CLAIMS, SAYS SBI RESEARCH
Despite concerns of declining voter engagement by percentage turnout, analysis underscores the importance of evaluating voting patterns by absolute numbers, revealing a significant increase with 20.7 crore voters in 2024 compared to 20.6 crore in 2019.
Indian airlines to carry 50 of India’s global traffic by FY28
The share of Indian air carriers in international passenger traffic originating from, terminating in, or transitioning through India is set to surge 700 basis points (bps) to 50 per cent by fiscal 2028 from 43 per cent in fiscal 2024, driven by airlines deploying additional aircraft and adding new routes in the international segment, as well as their inherent advantage of superior domestic connectivity compared with foreign carriers.
ICICI Bank makes UPI payments easier for NRIs with international numbers
ICICI Bank, a leading private sector bank in India, has unveiled a groundbreaking initiative aimed at enhancing the convenience and accessibility of digital payments for its Non-Resident Indian (NRI) customers.
Raymond on track to be among top 3 global suit makers, says CFO
Raymond, a leading garment manufacturer and retailer, is set to invest nearly Rs 200 crore to expand its capacity by one-third, aiming to solidify its position as the third-largest suit maker globally.
SERVICES SECTOR POSTS SHARPEST EXPANSION IN 14 YRS, RECORD EXPORTS
Business activity increased across the four sub-categories monitored by the survey, led by steep growth in finance and insurance.
Air India Lowers Cabin Baggage Allowance To 15 Kg For Lowest Fare Tier
Air India, amidst its financial challenges, has adjusted the complimentary cabin baggage allowance for its lowest economy fare tier on domestic flights from 20 kilograms to 15 kilograms.
Boeing Set To Launch Astronauts In New Capsule
Boeing is finally poised to launch astronauts to the International Space Station for NASA after years of delays and stumbles
Exploring The Impact Of Technology On The Fashion Industry
This article aims to delve into the profound impact of technology on fashion, examining how it has revolutionised design, manufacturing, retail, and consumer experiences.
Warren Buffett Sees India's Untapped Potential, Warns Of AI's Nuclear Weapon Parallels
Legendary investor and Berkshire Hathaway Chairman and CEO Warren Buffett made headlines recently for his dual focus on India’s economic potential and his concerns regarding the ramifications of generative AI.
US tech industry can't survive without Indians: SVC Chamber of Commerce CEO
According to Harbir K Bhatia, CEO of the Silicon Valley Central Chamber of Commerce, Indians play a crucial role in driving innovation in Silicon Valley, and the tech industry in America heavily relies on their contributions.
MVA utilises social engineering in South Mumbai as SP MLA engages with Shiv Sena (UBT)
Ahead of the Lok Sabha polls, the Maha Vikas Aghadi (MVA) is employing social engineering tactics in South Mumbai.
SUPREME COURT: MERITORIOUS CANDIDATES OF RESERVED CATEGORY NOT AVAILING RESERVATION BENEFITS SHOULD BE TREATED AS GENERAL CATEGORY
The Supreme Court in the case Deependra Yadav and others Versus State of Madhya Pradesh and others observed that if the meritorious candidates from the reserved category had not availed any reservation benefit or relaxation, then such reserved category candidates would be treated at par with unreserved or general category candidates on the strength of their marks.
MUMBAI NORTH CENTRAL LS SEAT: BJP'S GAIKWAD TAKES ON CONG'S NIKAM IN ‘MINI MUMBAI'
If Mumbai is ‘’mini India’’, then the Mumbai North Central Lok Sabha seat is ‘’mini Mumbai’’, home to film stars and celebrities living in posh areas like Bandra and Khar as well as migrants and labourers living in the bylanes of Kurla.
Raut accused by Swapna Patkar
Swapna Patkar, a key witness in the Enforcement Directorate’s investigation into the Patra Chawl redevelopment case involving Shiv Sena (UBT) MP Sanjay Raut, penned a letter to Deputy Chairperson of the Legislative Council, Neelam Gore, on Saturday, alleging harassment by Raut towards her and her family.