CATEGORIES

Need to boldly embrace AI: Ambani to employees

RELIANCE INDUSTRIES CHAIRMAN Mukesh Ambani wants the group to pioneer artificial intelligence (AI) solutions for India's urgent priorities, including healthcare, education, agriculture and employment, the billionaire said on Thursday.

Low risk of oil price spike impacting FY25 growth: CEA

THE CHIEF ECONOMIC advisor VAnantha Nageswaran does not see the likely jump in oil prices due to global factors, including global slowdown and geo-political conflicts, impacting the domestic economy in a major manner next fiscal.

No curbs on tur, urad dal imports till March 2025

MOVE TO BOOST DOMESTIC SUPPLIES

Govt plans to slash coal imports

MEGA GASIFICATION PROJECT AWAITS CENTRE'S NOD. TARGET IS TO BRING IT DOWN TO 11% BY FY26 END, SAYS COAL SECRETARY

Xiaomi unveils first EV, with ambition to be China's Tesla

AIMS TO BECOME A TOP GLOBAL CAR MAKER IN 15-20 YEARS

Tata Sons chairman warns of more disruption, volatility in 2024

TATA SONS CHAIRMAN N Chandrasekaran has warned of more disruption and volatility in 2024, even as he said India's future is bright as the country fared better than most others this year.

RODTEP benefits to cover e-comm exports now: Goyal

THE GOVERNMENT ON Thursday announced that the benefits of its flagship tax remission scheme for exporters - Remission of Duties and Taxes on Exported Products (RODTEP) -- will be made available to e-commerce exports.

Ratan Tata, Softbank & M&M to sell stakes in FirstCry IPO

SHARE SALE TO SEE FRESH ISSUE OF UP TO ₹1,816 CR

FOG OVER JOBS GROWTH DEEPENS

Policymakers are still grappling with how to translate India's impressive economic growth into enough jobs

No authority to break encryption: Vaishnaw

OTTS NOT UNDER TELECOM ACT, SAYS MINISTER

GLOBAL EV RACE: China's BYD set to steal Tesla's crown

BYD close to surpassing Tesla to become world's largest EV seller

How the NFRA review of the Big 4 can help other auditors

The National Financial Reporting Authority NFRA) has highlighted gaps in the audit orocesses of Deloitte Haskins Sells, Price Waterhouse Chartered Accountants, BSR Co., and SRBC Co. Kamlesh Vikamsey takes alook at the NFRA‘s observations and the lessons for the overall audit ecosystem

'Predictive AI models assign risk scores to transactions'

Cybersecurity has emerged as a key concern at a national, corporate, and individual level in recent years.\"Embracing emerging technologies like artificial intelligence (AI) and machine learning (ML) for early threat detection has become paramount,\" says Phoram Mehta, APAC chief information security officer (CISO), PayPal, the San Jose, California-based digital payments company. He discusses with Sudhir Chowdhary the rise of generative AI, role of security in ensuring high authorisation rates, and how AI plays a role in fraud detection. Excerpts from a recent interview:

Israel: Gaza war to go on for months

ISRAEL'S WAR ON Hamas will last months, Israel's military chief said, as a string of incidents outside the Gaza Strip highlighted the risk of the conflict spreading.

NYT sues OpenAI, Microsoft for copyright infringement

THE NEW YORK Times sued OpenAI and Microsoft for copyright infringement on Wednesday, opening a new front in the increasingly intense legal battle over the unauthorised use of published work to train artificial intelligence technologies.

SBI, Axis Bank hike deposit rates

IN GOOD NEWS for depositors before the new year, State Bank of India (SBI) and Axis Bank have raised interest rates on fixed deposits by up to 50 basis points (bps) across various tenors.

Lending rates may fall from middle of next year: Khara

STATE BANK OF India (SBI) chairman Dinesh Khara expects lending rates to fall from the middle of next calendar year, driven by decline in inflation.

Total invests ₹2,500 crore in JV with Adani Green

FRENCH ENERGY GIANT TotalEnergies has invested about ₹2,500 crore in a renewable energy joint venture with Adani Green Energy. The Adani group firm and the French giant will own 50:50 stake in the company which in turn will house a 1,050 MW project portfolio.

Adani Energy wins Halvad project bid

ADANI ENERGY SOLUTIONS (AESL), the power transmission and distribution arm of Adani group, has won the bid for Halvad Transmission line project from PFC Consulting (PFCCL).

Reliance Jio working on 'Bharat GPT' with IIT-B

RELIANCE JIO INFOCOMM chairman Akash Ambani on Wednesday said the telco is working with Indian Institute of Technology-Bombay to launch a 'Bharat GPT' programme.

Co-living hit by funding chill

Sector players trying different models to survive cash crunch

'We have a startup India, now we need a scale-up India'

Edelweiss Group chairman Rashesh Shah believes one reason why risk-taking by the private sector isn't coming back is because promoters are wary of taking on debt even though equity is available. Shah tells Shobhana Subramanian the new generation of businessmen prefers to invest in existing business rather than set up capacity on their own.

MPhil not a recognised degree, UGC cautions students

THE UNIVERSITY GRANTS (UGC) warned Commission universities on Wednesday against offering MPhil courses, saying it is not a recognised degree and cautioning students against taking admission in such programmes.

Open market sale of wheat by FCI may hit new record of 10 MT

5.51 MT already sold as against 3.3 MT in whole of last fiscal

PLI outlay for autos unspent in current fiscal

THE ALLOCATION FOR the auto production linked incentive (PLI) scheme is expected to remain unspent in the current financial year and will be reflected in the Budget savings as certification of products eligible for benefits is taking time, a senior official said Wednesday.

New year to see tough regulatory steps for social media firms

LEGAL IMMUNITY UNDER SAFE HARBOUR TO UNDERGO CHANGE

After Wipro, Infy targets Cognizant

Accuses Cognizant of unfair poaching

Airlines roll out discounts as year-end fares fail to take off

AIRFARES TO MAJOR holiday destinations from top metro cities have not seen any year-end surge this time, forcing airlines to roll out discounts to entice consumers.

ECONOMY AWAITS BIG POLICY PUSH

Growth above 6% seems to stoke inflation, higher expansion needs removal of structural infirmities

Sensex tops 72K in roaring rally

Investor wealth at all-time high of ₹361.3 trillion