Browsing Category
Business News
India’s fast food chains laid low by inflation; Chicken items still in vogue
Higher prices of dairy items has hurt sales at international fast food chains in India, but a moderation in chicken prices has supported sales of fried chicken and chicken sandwiches and burgers
Elon Musk, Mark Zuckerberg visit US Congress to discuss AI
The three-hour morning session covered a broad range of AI issues including its dangers and potential, with participants agreeing that the government had some role in dealing with the fallout from AI.
IT services sector growth expected to slow to 8-10% in FY2024 amid geopolitical risks
The Indian IT services industry remains dependent on the US and EU— the regions constitute nearly 86% of revenue share— with export growth mapping the GDP growth rates in these regions.
Saudi, Russian oil cuts to cause big supply shortfall: International Energy Agency
The warning in the IEA’s monthly market report comes a day after oil prices jumped following OPEC’s own update showing that the gap between global supply and demand would be the widest since 2007.
Russia resumes fertilizer trade with United States, ends discounts to India
As per industry experts, the rise in fertilizer prices will not impact the farmers as they get subsidies on it.
Hygiene and wellness brand Pee Safe raises USD 3 million
The round was led by pharmaceutical company Natco Pharma Ltd and Rainmatter Health, supported by Zerodha founders Nithin Kamath and Nikhil Kamath.
Razorpay acquires digital invoicing startup BillMe
The partnership aims at empowering businesses with a hybrid model to engage better with end consumers, according to a release.
Nifty hits fresh all-time high level in early trade as markets extend rally to 8th day
The 30-share BSE Sensex jumped 412.02 points to 67,539.10 in early trade. The Nifty climbed 114 points to 20,110.35 -- its all-time high mark.
Online travel aggregator Yatra, Zaggle IPOs to open this week
As part of the OFS, THCL Travel Holdings Cyprus Ltd and Pandara Trust - Scheme I through its trustee Vistra ITCL (India) would offload shares.
India and UK committed to swift conclusion of Free Trade Agreement: FM Nirmala Sitharaman
There is definitely some discussion on the FTA... the key on both sides is to conclude it as soon as possible, she said in a press conference alongside UK Chancellor of Exchequer Jeremy Hunt.
Markets continue to rally for 7th day running
The 30-share BSE Sensex climbed 293.7 points to 66,892.61 in early trade. The Nifty advanced 95 points to 19,914.95.
IMF chief urges G20 countries to pursue sound policies to help stability
The IMF MD called for all countries to pursue sound policies to support economic and financial stability and growth-oriented structural reforms.
Indian Presidency at G20 lays foundation for global crypto policy: Finance Minister
She affirmed that the G20 will continue discussions on policy issues related to the common framework and periodically provide appropriate recommendations.
Celebrity investors of start-ups
From cricketers to Bollywood stars, many have turned investors and brand ambassadors
FPIs turn net sellers; withdraw Rs 4,200 car in equities in Sep so far
Apart from equities, FPIs invested Rs 643 crore in the country's debt market during the period under review.
REC signs MoU with PFC for FYs 2023-24 & 2024-25
New Delhi: REC Limited signed MoU with PFC as per the DPE Performance Evaluation System for FYs 2023-24 and 2024-25 for CPSEs last Friday.
CMD, REC Mr. Vivek Kumar Dewangan signed the MoU for the FYs 2023-24 and 2024-25 with CMD, PFC…
Nifty Realty jumps 45% in 6 months despite high interest rate concerns
Experts say as strong-listed players continue to increase their market share with strong order book and their debt levels coming down significantly, they are being cheered at Dalal Street.
NVIDIA ties up with RIL, Tata to develop AI tech
As part of the collaboration, NVIDIA will provide Jio with end-to-end AI supercomputer technologies including CPU, GPU, networking, and AI operating systems and frameworks.
Rail, Shipping corridor linking India to Middle East, Europe announced at G20 Summit
It would include India, Saudi Arabia, the United Arab Emirates, Jordan, Israel and the European Union, said Jake Sullivan, President Biden's national security adviser.
High tomato prices make household thalis costlier; relief expected in September
The rising costs affected both vegetarian and non-vegetarian thalis, with the former experiencing a 24% rise and the latter seeing a 13% increase year-on-year.
