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.

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.

'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.

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.

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.

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

Despite an All-Time Hit Like Pushpa 2, Trade Experts Said Hindi Film Revenue in 2024 Will Be 30-40% Lower

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

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

Infosys taps staff to build ideas factory

ent by giving employees dissatisfied with monotonous work a chance to explore and work on new technologies. Infosys added 2,456 employees to reach a headcount of 317,788 at the end of September.

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.

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

Lloyds Metals shines on likely gains from acquisition, capex

Gaining ground

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

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

Risks to economy escalating in 2025, cautions SBICAPS

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

Another tough year for FMCG?

Feeling blue

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

Intas Pharma bags another overseas co

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.

India to Hold Defence Talks With Maldives From Today

Maldivian defence minister Mohammed Ghassan Maumoon will pay a three-day visit to India from Wednesday to deepen bilateral engagement amid a thaw in relations between the two countries.

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.

10% rise in capex allocation likely for roads, rlys in FY26

Big private investment is likely in BOT roads; railways to continue work on existing projects

Govt plans many onion stocking centres

The plan being discussed with the ministry of agriculture comes amid a steady dip in the production of onion

HMPV may be more common than reported in the country

Scientists say there could be more Human Metapneumovirus (HMPV) cases in India than officially acknowledged because the virus is not new and was never notified by the government for reporting by hospitals and the health community.