CATEGORIES

Goldman Sachs profit soars on trading boost

GOLDMAN SACHS POSTED its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading.

Indices Gain for Second Day Amid Firm Global Cues

THE BENCHMARK INDICES inched higher on Wednesday, led by energy and information technology stocks, although worries over slowing earnings and caution ahead of key US inflation data capped gains.

'FPOs doing well need support to scale up'

Diversified conglomerates ITC, one of the largest private procurers and processors of agricultural commodities in the country, purchases around 3 million tonne of grains, pulses, oilseeds and other commodities from farmers annually.

Hero to rev up brand strategy

PUSHES FOR REDUCTION IN GST ON 125-CC BIKES TO 18%

HDFC Life Q3 profit climbs 15%

HDFC LIFE INSURANCE on Wednesday reported a 15% year-on-year rise in its standalone net profit for the third quarter at ₹414.94 crore.

Pixxel, Digantara Launch Satellites

Boost to Space Sector

No near-term impact seen on India of US AI chip restrictions

Curbs to be effective in 3 mths

Swiggy, Zomato may cut back on food discounts

BY GROUPING ORDERS for longer routes and offering discounts tied to cart value and distance, they aim to maximise the revenue per delivery partner ride.

Helping startups scale up business

Govt support can serve as a catalyst for growth

Meta warns CCI ruling may force rollback of features

META MAY HAVE to \"roll back or pause\" some features in India due to an antitrust directive which banned its WhatsApp messaging service from sharing user data with Meta for advertising purposes, according to a court filing by the US company seen by Reuters.

India to play key role in global security: PM

IN A FIRST, NAVY GETS 3 VESSELS SIMULTANEOUSLY

DPIIT & ITC Join Hands to Help Manufacturing Sector Startups

The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a partnership with cigarettes-to-consumer goods conglomerate ITC to help startups in the manufacturing sector, according to a statement.

Pichai joins Nadella in London cricket team bid

ALPHABET CHIEF EXECUTIVE officer Sundar Pichai is joining Silicon Valley executives bidding for a London-based cricket team, according to people familiar with the matter.

87% Indian Job Seekers Use GenAI for Résumés: Report

IN A RAPIDLY evolving job market, Indian professionals are embracing innovative tools to stand out.

AI to power 40% of utility control rooms, says Gartner

BY 2027, 40% of control rooms in the power and utilities sector will deploy AI-driven operators, according to Gartner.

Atishi 'running around like a hirni': Bidhuri

RAMESH BIDHURI, the BJP candidate in Kalkaji for the upcoming Delhi Assembly polls, stirred up controversy again on Wednesday with a comment about his contender and Delhi CM Atishi.

S Korea in peril after prez's arrest

SOUTH KOREAN INVESTIGATORS managed to arrest impeached President Yoon Suk Yeol on Wednesday while avoiding a violent clash in the middle of Seoul.

87% Indian job seekers use GenAI for résumés: Report

Surpass global average of 75%

CEA Among Candidates for Post of RBI Dy Guv

PATRA WAS IN charge of the crucial monetary policy department; on Tuesday, deputy governor M Rajeshwar Rao was given the temporary charge of the department.

Most Indian Firms See AI as Strategic Priority: Study

Surpass global average of 75%

Eka Mobility plans ₹2,000-cr investment

PUNE-BASED ELECTRIC BUS maker Eka Mobility will launch 6-7 electric commercial vehicles over the next 18 months and expand production capacity at an investment of ₹2,000 crore.

UK inflation cools to 2.5%, misses estimate

INFLATION IN THE UK unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.

In letter to countrymen, Biden says 'soul of America' at stake

COMING OUT OF the worst pandemic in a century and the worst economic crisis since the Great Depression, the United States in four years under Joe Biden's leadership has emerged stronger, more prosperous, and more secure, the outgoing US President said in a letter Wednesday.

'AI, GenAI to fuel IT industry recovery in FY26'

With clients reducing discretionary spends on a challenging macroeconomic environment and Donald Trump 2.0 steering higher charges for H-1B visa, the IT services industry is facing headwinds.

Niti to evaluate Ujjwala Yojana & targeted subsidy

NINE YEARS AFTER the Pradhan Mantri Ujjwala Yojana (PMUY) was launched to provide affordable and clean cooking fuel to poor families, the Niti Aayog will conduct an evaluation of the scheme and targeted subsidy to PMUY beneficiaries on aspects such as scope for further improvement, equity and relevance.

Meta Apologizes for CEO's Remark on India Elections

META INDIA ON Wednesday apologized for CEO Mark Zuckerberg's recent remarks that the incumbent government lost power in the 2024 elections.

Let the rupee fall

What's important is the relative value of the currency vis-à-vis peer currencies and not its absolute value