CATEGORIES

Strong earthquake in Tibet kills more than 120, flattens houses

A strong earthquake struck the foothills of the Himalayas near one of Tibet's holiest cities on Tuesday, killing at least 126 people and flattening hundreds of houses, Chinese authorities said.

Indian tech story is fascinating

The Indian technology story is \"fascinating\", and we hope it continues to grow at consumer electronics show (CES) where numerous startups and entrepreneurs from India are showcasing their innovations, a top executive at the world's largest tech event said.

Duty cut on phone parts to hit jobs

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday.

Top 8 cities' housing sales up 7% in 2024

Housing sales rose 7% annually in 2024 across eight major cities to reach a 12-year high at 350,613 units on better demand for premium homes amid stable mortgage rates and strong economic growth, according to Knight Frank.

Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual

Restore trust and forget the stock price: Experts from inside and outside the company share advice for the troubled jet maker

Oyo Hotels revenue declines 15% in FY24

Oyo Hotels and Homes Pvt. Ltd reported a sharp decline in revenue in FY24, which fell 15% to ₹1,113 crore for the fiscal year.

MRPL, ISPRL in deal for crude storage

The deal eliminates the need for constructing facilities, thereby reducing MRPL's costs. BLOOMBERG

Indonesia Is Admitted to the BRICS

Indonesia has been admitted as a full member of the BRICS bloc of developing economies, the group's presiding country, Brazil, said Monday.

Delhi to vote on 5 February, counting on 8 February: CEC

Last date to file nominations is 17 Jan, scrutiny of nominations will be done by 18 Jan

How are companies using AI agents? Here's a look at five early users

Artificial intelligence agents have emerged as one of the most exciting aspects of generative AI for business because they take chatbots to the next level, performing complex tasks without help from humans.

Brand Kohli Firm, Rohit's Legacy Tested

While Kohli's long-standing popularity remains strong despite recent challenges, Rohit's brand legacy, built on leadership, faces risks due to his form

Theatres Face Slow Start to 2025 With Few Major Releases

The Hindi version of Allu Arjun-starrer Pushpa 2: The Rule alone has grossed over ₹800 crore at the box office.

Law Firms Pivot for Trump's Return

The charged political environment is spurring specialty practice areas designed to help clients navigate it

Centre pegs GDP growth at 6.4% for FY25

India's GDP is projected to grow at 6.4% in fiscal year 2025, according to government estimates. Fiscal deficit is targeted at 4.4% of GDP, with a projected fall in the debt-GDP ratio.

Demand for solo talks stalls Asean trade pact review

The review aims to enhance the pact's trade facilitation norms and maximize benefits for businesses

Meta Ends Fact Checking, Goes for Community Notes Instead

Meta Platforms chief executive officer (CEO) Mark Zuckerberg on Tuesday announced a decision to do away with the company's long-standing fact-checking teams—choosing instead to establish a \"community notes\" mechanism akin to Elon Musk's X, formerly Twitter.

Nvidia Shows New Chips, Inks Toyota Deal for Robotic Cars

Shares of Toyota, Nvidia's suppliers rise on optimism about the AI chip maker's prospects

DIAL drops plea over Hindon ops expansion

Delhi International Airport Ltd (DIAL) on Tuesday withdrew its legal challenge against the Centre's decision to allow the Airports Authority of India (AAI) to operate scheduled commercial flights from the Indian Air Force Station in Hindon, Ghaziabad.

Auto sales rise 9% in 2024 despite headwinds: Fada

Inventory build-up, delayed harvest payments, weak consumer sentiment weighed on demand in Dec

Razorpay Charts Return to India; Eyes Expansion, IPO

Firm is likely to complete its reverse-flip in six months, with an IPO expected in two years

Bank profits set to moderate in FY26 as bad assets rise

Ind-Ra sharply revised down its FY25 system credit growth estimate to 13-13.5% from 15% earlier

Lloyds Metals shines on likely gains from acquisition, capex

Gaining ground

Another tough year for FMCG?

Feeling blue

Your fancy, new ETF might be a little too fancy

Exchange-traded funds have mostly been great investments, but they are getting too complex for their own good

Risks to economy escalating in 2025, cautions SBICAPS

Rising household debt, fluctuating FII flows among risks that threaten to amplify economic fragility: Report

Intas Pharma bags another overseas company

Gujarat-based drug-maker Intas Pharmaceuticals Ltd., which counts private equity firm ChrysCapital, Singapore state investment firm Temasek, and Abu Dhabi Investment Authority (ADIA) as its investors, has signed a deal to acquire a biologic medication brand from US-based Coherus Biosciences.

True North's pvt credit fund bets on Vehant Tech

Security and surveillance solution provider Vehant Technologies said Tuesday it has raised $9 million (₹77 crore) in a mezzanine round from the private credit fund of homegrown alternative investment firm True North.

Microsoft to Invest $3 Billion in AI, Cloud Expansion in India

CEO Satya Nadella, however, did not give a time frame for the spending

ASK Prop, India Sotheby's start realty fund

The fund aims to raise ₹1,000 crore in equity, with a green-shoe option of an additional ₹500 crore

Indian employers hope for computer tech, semicon edge

Increased digital access, geopolitical tensions and climate-mitigation efforts are the primary trends expected to shape the future of jobs in India by 2030, the World Economic Forum (WEF) said in a report.