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Banking industry likely to increase funding for cloud

BANKS have now increased cloud spending and they are more likely to increase spending on cloud in the year ahead, according to Infosys' Cloud Radar: Banking Industry Report.

Hyundai's much awaited IPO to hit market on Oct 14

THE much-awaited initial public offering (IPO) of Hyundai Motor India, the Indian arm of South Korean automaker Hyundai, is expected to hit the market on October 14, said people familiar with the development.

WazirX to set up creditors' panel by October 9

CRYPTO exchange WazirX has said it will initiate the process of forming a Committee of Creditors (COC) by October 9, and it aims to hold the first COC meeting within a week of the formation of the COC.

Q2FY25 IT results preview: Revenue growth to be positive

IT services companies might report better earnings in the second quarter of this fiscal year as analysts believe that there have been improvements in decision cycles and that Generative AI deals will be in focus.

ITC allowed on construction costs for rental realty

IN a landmark ruling, the Supreme Court on Thursday provided major relief to property owners by affirming that input tax credit (ITC) on construction costs for rental buildings can be claimed, likening such properties to \"plants\" in a factory that generate economic output.

Middle-East conflict: ₹10L cr erased from mkt

Extending losses for fourth consecutive session, BSE Sensex and NSE Nifty 50 crashed more than 2% each

Exporters fear rise in air, shipping freight rates

ESCALATION of conflict in the Middle East, with Iran directly targeting Israel, has sparked concerns among the exporters who fear the spike of air and shipping freight rates and trade impact worth $100 billion if the situation continues to prevail throughout the year.

Adani Group to supply clean energy to Google

GOOGLE on Thursday said it has partnered with Adani Group to procure a bundled energy solution and decarbonise its cloud services in India.

Swedish intel suspects Iran hand in attack on embassies

THE Swedish intelligence agency Sapo said on Thursday that Iran may have been involved in explosions and gunfire around Israeli embassies in Sweden and Denmark.

Typhoon slams Taiwan, leaves destruction trail, kills two

ΤΑΙΡΕΙ TYPHOON Krathon slammed into Taiwan on Thursday, bringing mudslides, flooding and destructive winds to the shuttered island where at least two people have died in the storm and thousands have been evacuated.

Swedish intel suspects Iran hand in attack on embassies

Oil prices spike after Biden says talks on over attacking Iranian rigs.

UK to hand over contested Chagos Islands to Mauritius

LONDON THE British government agreed on Thursday to hand sovereignty of the long-contested Chagos Islands, an archipelago of more than 60 islands in the Indian Ocean, to Mauritius, in a deal to secure the future of a strategically important UKUS military base.

2 Meitei youth freed, 11 Kuki inmates let off

TWO young Meitei men held hostage by alleged Kuki rebels in Manipur's Kangpokpi district for about a week were freed early Thursday morning.

Cong keeps door open for like-minded J&K parties

POST-elections, the focus in J&K has shifted to the counting of votes on October 8 for the 90-member Assembly.

Nitish govt's 'biased' relief ops spark row, flood victims angry

FLOOD victims on Thursday blocked Saharsa-Darbhanga road in Bihar and shouted antigovernment slogans to protest against what they called the Nitish Kumar dispensation's apathy towards providing relief material.

Haryana focus-29 seats in 7 dists along GT Road

WITH campaigning coming to an end on Thursday for the 90-member Haryana Assembly elections due October 5, key contenders, the BJP and Congress, have focused on both sides of the historic Grand Trunk Road, comprising 29 seats in seven districts.

Village in MP farm stir hotspot passes resolution - ₹7K MSP on soybean crop

IN perhaps the first of its kind development, the Burha village -which was reportedly the fountainhead of 2017 massive farmers' agitation in western Madhya Pradesh-has unanimously passed a resolution, demanding ₹7,000 per quintal MSP for soybean crop.

TMC youth wing leader, who was close to RG Kar ex-principal, held by CBI

THE CBI on Thursday arrested Trinamool Congress youth leader Ashish Pandey in connection with the corruption case against RG Kar Medical College's former principal Sandip Ghosh, officials said.

U'khand 1st state with 'time-of-day' power tariff

UTTARAKHAND is poised to become the first state in India to introduce time-of-day power tariffs for its 15.87 lakh electricity consumers.

Classical status to 5 languages okayed

Bonus for rlys, Port Authority staff 2 umbrella schemes for farmers' welfare and food security

‘Jamaican PM not stopped at Parliament gate

THE Lok Sabha Secretariat on Thursday dismissed reports claiming that the carcade of Jamaican Prime Minister Andrew Holness was stopped at the gates of Parliament House.

Life term for ex-Bihar MLA for minister's murder

THE top court on Thursday convicted former MLA Vijay Kumar Shukla alias Munna Shukla and another person in the 1998 murder case of former Bihar minister and RJD leader Brij Bihari Prasad at a hospital in Patna.

Jaishankar to reaffirm Lanka ties during meeting with Dissanayake

EXTERNAL Affairs Minister S Jaishankar will be on an official visit to Colombo on Friday and will meet the newly-elected President Anura Kumara Dissanayake.

TMC wants Moitra shift from House panel led by Dubey

JAYA Bachchan, a Samajwadi Party Rajya Sabha member, has opted out of the parliamentary standing committee on communications and Information Technology (IT) chaired by BJP member Nishikant Dubey.

NURTURING TALENT OVER BEING STICKLER FOR RULES

IN a victory for democracy, the Supreme Court last week directed IIT Dhanbad to admit an 18-year-old Dalit boy who had lost his seat for missing the deadline for depositing fees of 17,500. While passing the order, the top court evoked the plenary powers granted by Article 142 of the Constitution that empowers it to administer complete justice.

RESTORE STATEHOOD TO HEAL J&K, PRIORITISE INFRASTRUCTURE, JOBS

THE just-concluded Jammu and Kashmir assembly election was a pivotal moment for the troubled state-reflecting not only local concerns, but also broader national dynamics. The issues of identity, autonomy and the restoration of statehood resonated deeply with the electorate. Regional parties National Conference (NC) and People's Democratic Party (PDP) framed the election as a struggle for identity and autonomy. In contrast, national parties like the BJP and Congress focused on the restoration of statehood, emphasising the need for development and effective governance within an improved security environment.

THE CASE FOR QUALITY CERTIFICATION OF AGENCIES

THERE has been much public discourse around the performance of India's constitutional authorities, statutory bodies and enforcement agencies.

THEY DIDN'T START THE FIRE AND SEEM UNABLE TO DOUSE IT

West Asia's unending cycle of violence started with British and French meddling in the early 20th century. The latest spiral doesn't seem to offer a ramp off

Azhar requests ED more time to appear before it

EXPRESS REA FORMER MP and former India cricket captain Mohammed Azharuddin on Thursday requested the Enforcement Directorate for more time to appear before it.

Kumaraswamy sought ₹50 cr from a realtor, states FIR

Amruthahalli police on Thursday registered an FIR against Union Minister for Steel and Heavy Industries HD Kumaraswamy for allegedly demanding ₹50 crore from a realtor to meet the expenses on the byelection to the Legislative Assembly from the Channapatna constituency.