CATEGORIES
PTI says arrest 'politically motivated', to defend legally
THE SENTENCING AND arrest of Imran Khan in the Toshakhana corruption case is \"politically motivated\", his close aide and former Pakistan foreign minister Shah Mehmood Qureshi said on Saturday, asserting that the party will challenge the verdict and use all legal means to defend the exprime minister.
Record overall profit for Berkshire at $36 bn
Rising interest rates, dividend payouts, and a rebound in performance at the Geico car insurer, have helped its insurance businesses generate money, with profit up 38% from a year earlier
India gives over ₹45 cr to Lanka for digital ID project
INDIA HAS HANDED over ₹45 crore in advance to Sri Lanka to fund its unique digital identity project, the most crucial step in the island nation's digitalisation programme being implemented through the Indian grant assistance.
Khan before arrest: Party will sweep the next elections
A DAY BEFORE his arrest, Pakistan's ousted prime minister Imran Khan claimed that his party would sweep the next elections as the vindictive actions taken against him and his supporters by the Shehbaz Sharif-led government, backed by the military establishment, were only increasing his party's vote bank.
Imran Khan arrested, sentenced to 3-year jail
Khan misused state gifts; barred from contesting polls
Public charging can hack your mobile phone
Juice jacking is a security exploit in which an infected USB charging station is employed to tamper with connected devices
THE AI SONG
The growing influence of AI in the music industry can be fun but is still to find recognition
PSB profit falls 25% to ₹152.6 cr
PUBLIC SECTOR LENDER, Punjab & Sind Bank on Saturday reported a 25% year-on-year fall in profit to ₹152.6 crore for the June quarter.
Govt clears ₹1.39-trn funding for last mile fiber connectivity
THE UNION CABINET on Friday approved ₹1.39 trillion for modernising the BharatNet project which involves changing its execution strategy and providing fiber connections to the last mile through village level entrepreneurs, according to official sources.
Chandrayaan-3 successfully inserted into lunar orbit
INDIA'S AMBITIOUS THIRD moon mission, Chandrayaan3, achieved a significant milestone as it successfully entered the lunar orbit on Saturday, as confirmed by the Indian Space Research Organisation (ISRO).
Bank of Baroda net profit rises 88% on strong NII
The lender posted a bottomline of ₹4,070 crore
Maruti expects over 6% growth in FY24
CARMAKER TO EXPAND PRODUCTION
Ficci CASCADE launches campaign against smuggling
FICCI COMMITTEE AGAINST Smuggling and Counterfeiting Destroying the Economy (CASCADE) on Saturday launched an awareness campaign against illicit trade that impedes economic growth.
Record decline in net hiring
INDIAN IT SERVICES firms saw the highest-ever decline in their aggregate net headcount in Q1FY24.
Byju's accuses lenders of bogus claims
LENDERS TO EDTECH company Byju's created bogus default claims tied to a $1.2-billion loan as part of a scheme to gain control of the company, the company's lawyer told a judge.
Corporates feel Haryana heat
Routines hit, say companies in Gurugram
Sebi reduces time limit for AIFs, VCs to invest overseas
CAPITAL MARKETS REGULATOR Sebi on Friday reduced the validity period of approval given to alternative investment funds (AIFs) and venture capital funds (VCFs) for making overseas investments to four months from six months at present.
REGULATING ARTIFICIAL INTELLIGENCE
The Telecom Regulatory Authority of India (Trai) recently published a set of on the recommendations framework needed to regulate artificial intelligence (AI) systems and technologies. Jatin Grover decodes the Trai recommendations, why it has taken a dim view of self-regulation, the challenges in regulating AI and the government's thinking on the matter
Supreme Court stays Rahul's conviction
Defamation case over Modi surname remark
Consumer spending in India to exceed $4 trillion by 2030
E-comm to be one of the key drivers behind the increase
Ukraine strikes Russian naval vessel
A RUSSIAN WARSHIP was seriously damaged in an overnight Ukrainian naval drone attack on Russia's Black Sea navy base at Novorossiysk, two sources said on Friday, after Russia said it had fended off the attack.
Trump, arraigned on election charges, pleads not guilty
FORMER PRESIDENT DONALD J Trump appeared in federal court in Washington on Thursday for the first time to face charges that he conspired to remain in office despite his 2020 election loss, pleading not guilty at a hearing conducted in the shadow of the Capitol, where his supporters, fueled by his lies, had rampaged to block the peaceful transfer of power.
iPhone slump drags Apple; blowout profit for Amazon
OUR AWS GROWTH STABILISES: AMAZON CEO | Apple warns of fourth consecutive quarter of declining sales
Can the Honda badge elevate it?
CAR REVIEW: HONDA ELEVATE | It isn't the best SUV in its class, but its strong Japanese brand value will likely drive sales
Stick to your repayment plan at all costs
AIMING TO BE DEBT-FREE? | Consolidate multiple debts into one with a lower interest rate
RBL stake buy to help understand banking more, says M&M MD
MAHINDRA AND MAHINDRA (M&M) managing director Anish Shah said on Friday that the investment in RBL Bank is aimed at enhancing the automaker's understanding of the banking sector.
DIls reverse trend, infuse over ₹12,000 cr in 2 weeks
FIIS WITHDRAW ₹9,000 CRORE DURING SAME PERIOD
Britannia profit rises 36%, misses estimates
BISCUIT MAKER BRITANNIA'S consolidated net profit rose 35.6% to ₹458 crore for the quarter ended June 2023, missing Street estimates. It was ₹337 crore in the year-ago quarter. A poll of analysts by Bloomberg had pegged net profit at ₹513 crore for the quarter.
Aditya Birla retail arm posts ₹141-crore loss
ADITYA BIRLA FASHION and Retail on Friday reported a consolidated net loss of ₹141 crore for the June quarter (Q1) of FY24 amid a discretionary slowdown.
India can replace China as world's factory: Mahindra
INDIA CAN REPLACE China as the 'factory to the world', Mahindra & Mahindra (M&M) chairman Anand Mahindra said, while highlighting that a number of marquee companies have already shifted their output to India.