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Home  Business

Business

India’s GDP growth rate on a downward slope, to slip to four-year low of 6.4% in 2024-25

India’s GDP growth rate on a downward slope, to slip to four-year low of 6.4% in 2024-25

  • MobiKwik posts Rs 3.6 crore loss in Q2 on higher investment

    This is the first quarterly announcement after One MobiKwik Systems Ltd got listed on the bourses in December, 2024
  • Microsoft to invest $3 billion in AI and cloud infrastructure in India

    Investment aims to accelerate AI innovation in the country, which is pivotal for achieving Prime Minister Narendra Modi's vision of becoming a developed nation (Viksit Bharat) by 2047
  • Akasa Air appoints new Chief Operating Officer

    Belson will be responsible for in-flight services, airport services, maintenance and engineering, flight operations, IOCC, and spearheading Akasa Air Learning Academy
  • NVIDIA unveils next-gen graphics cards for gamers, developers

    GeForce RTX 50 Series — RTX 5090, RTX 5080 — delivers breakthroughs in AI-driven rendering, including neural shaders, digital human technologies, geometry and lighting
  • Duty cut on smartphone parts to trigger job loss: GTRI

    India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching USD 49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds
  • Zomato dips 5% as Jefferies downgrades firm to ‘hold’

    The global brokerage firm revised the target lower, citing increasing competition as a threat to the online food aggregator’s profitability
  • RBI buys another 8 tonnes of gold in November 2024

    The strategy of holding gold is primarily aimed at hedging against inflation and reducing foreign currency risks, especially in times of uncertainty triggered by geopolitical tensions
  • Sensex, Nifty rebounds in early trade after sharp decline in previous session

    The 30-share BSE benchmark Sensex jumped 422.62 points to 78,387.61 in early trade and NSE Nifty climbed 160.2 points to 23,776.25.
  • Rupee depreciates 7 paise to 85.75 against US dollar in early trade

    The Indian currency, however, capped the fall on the back of some recovery in domestic equity markets and receding crude oil prices overseas
  • Capital Infra Trust garners Rs 703 crore from anchor investors

    The anchor round sees participation from a host of investors such as domestic mutual funds and insurance companies
  • OpenAI CEO Sam Altman says first AI agents may ‘join the workforce’ in 2025, to develop superintelligence

    Says there is still so much to understand, still so much we don’t know, and it’s still so early
  • PM Modi meets Nadella, hails Microsoft’s investment plans in India

    Investment will see Microsoft provide 2 million people with AI skilling opportunities by 2025 through its Advanta(I)ge India initiative
  • Centre mulls over mandatory silver hallmarking after consumer demand

    Pralhad Joshi asks BIS to evaluate the feasibility of mandatory silver hallmarking, following successful gold hallmarking implementation
  • Titan grows at 24% in Q3 amid strong festive demand

    Increased gold prices and wedding purchases aid growth
  • Infosys defers annual salary hike

    Delay indicates that domestic IT sector is still facing uncertainties
  • Former CEO Jagdeep Singh not the highest paid in world, clarifies QuantumScape

    QuantumScape refutes former CEO Jagdeep Singh’s ‘astronomical’ salary, says there is no evidence or factual basis for this claim
  • Standard Glass Lining IPO fully subscribed

    The issue, with a price band of Rs 133-140 per share, will conclude on January 8
  • Vinay Hiremath who sold Loom for $975 million says life has been ‘a haze’

    Rich but have no idea what to do, says the co-founder of the video-communication company in a blog post
  • Indian IT sector set for revival in 2025

    The Fed rate cut is no longer a hope but well underway, inflation appears to be under control, and the US election is behind with the new administration seen as business-friendly, according to the 'India IT Services 2025' report by BNP Paribas India
  • Artificial Intelligence: The third eye revolutionising business strategies

    As AI advances the business world, organisations must plan carefully to balance innovation with human intelligence for long-term growth
  • Global trends, trading activity to drive markets this week, say Analysts

    The Q3 FY25 earnings season will begin this week, with IT giants and leading financial institutions set to announce their results
  • Rewind: The Inevitable Divergences of 2025

    Here are the important macro trends that will shape not just this calendar year but also the entire decade
  • Ather Energy introduces ‘2025 Ather 450’ with increased range, traction control

    The news 450X with a 3.7 kWh battery now offers a range of up to 130 km, with an ideal driving condition (IDC) range of 161 km. Similarly, the Ather 450 Apex delivers an IDC range of 157 km.
  • Biden blocks Nippon Steel’s proposed deal to acquire US Steel, cites national security problem

    Nippon Steel and US Steel blast the decision, say it “reflects a clear violation of due process and the law”, “manipulated” to advance President's political agenda
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