Browsing Category
Economy
Sensex trades higher as inflation cools
Mumbai: Indian equity benchmarks opened in green on Thursday after retail inflation declined in May. The government data showed India's CPI (Consumer Price Index) easing to 4.75 per cent in May 2024, it was 4.83 per cent in April 2024.!-->…
Read More...
Read More...
Zepto set to raise $650 million at $3.5 billion valuation
New Delhi: Quick grocery delivery platform Zepto is geared up to raise nearly $650 million from existing and new investors.
According to sources, the funding will take Blinkit closest rival’s valuation to around $3.5 billion.
Sources!-->…
Read More...
Read More...
Samsung to provide comprehensive AI solutions for foundry biz
Seoul: Samsung Electronics said on Thursday it will provide comprehensive "one-stop" artificial intelligence (AI) solutions for its foundry customers, with a focus on up-to-date technologies for high-performance, low-power AI chips.
"At!-->…
Read More...
Read More...
Coupang fined $12.4 million for alleged manipulation of search algorithm
Seoul: The antitrust regulator said on Thursday it has decided to fine e-commerce giant Coupang 140 billion won ($12.44 million) for using unfair search algorithms and uploading false product reviews to boost sales of its own!-->…
Read More...
Read More...
NSE alerts investors against entities offering dabba trading, investment tips on social media
Mumbai: The National Stock Exchange (NSE) on Wednesday warned investors against a person and entities engaged in dabba/illegal trading.
The stock exchange said in a statement that investors are cautioned not to subscribe to any such!-->…
Read More...
Read More...
Kolkata Port slashes rates to attract more cargo
Kolkata: The Syama Prasad Mookerjee Port in Kolkata (SMPK) has announced a volume-based rebate scheme for 2024-25 to enhance the volume of cargo.
SMPK handled a record 66.4 million tonnes of cargo in 2023-24, despite challenges such as!-->…
Read More...
Read More...
Ports, roads to get major investment boost in India, cargo volume to grow up to 8 per cent: Report
New Delhi: The cargo volumes in India are expected to grow 6-8 per cent in the current fiscal year on the back of healthy growth in the container and coal segments, amid increased government capital outlay across roads, ports, and airport!-->…
Read More...
Read More...
India’s industrial production clocks 5 pc growth in April
New Delhi: India's Index of Industrial Production (IIP) recorded a 5 per cent year-on-year growth during April this year compared to the corresponding figure of 4.6 per cent in April 2023, according to the latest data released by the!-->…
Read More...
Read More...
Indian financial institutions well placed to ride on robust economic growth: Moody’s
Mumbai: Indian banks and non-bank finance companies (NBFCs) are well placed to seize opportunities from the country's strong economic prospects through lending growth in sectors such as infrastructure, energy transition, manufacturing,!-->…
Read More...
Read More...
India’s CPI inflation eases to 12-month low of 4.75 per cent in May
New Delhi: India's consumer price inflation eased to a 12-month low of 4.75 per cent in May, compared to the same month of the previous year as declining fuel and cooking oil prices helped to bring down the burden on household budgets,!-->…
Read More...
Read More...