Business
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HP introduces new PCs, monitors at CES 2024
New Delhi: PC and printer major HP on Monday introduced its latest portfolio of PCs, monitors, and additional peripherals designed to enhance your digital experience. The company introduced HP Spectre x360 2-in-1…
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Why are Indian cryptocurrency firms relocating to Dubai?
In a significant development, Indian cryptocurrency companies are increasingly relocating to Dubai due to the favorable digital currency climate in the United Arab Emirates (UAE). The relocation of companies comes after Indian…
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Sensex, Nifty tumble nearly 1 pc on global weakness
Mumbai: Equity benchmarks Sensex and Nifty surrendered early gains to close with deep losses on Monday, snapping their two-day winning streak as investors pared exposure to banking, metal and FMCG stocks amid a…
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IIT Madras’ new portable analyser to diagnose skin conditions non-invasively
Chennai: Researchers at the Indian Institute of Technology (IIT) Madras have developed a portable device that can be used to assess alterations in skin conditions up to a depth of 2 mm.…
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Markets trade lower after early optimism on weak trends from Asian equities
Mumbai: Benchmark equity indices started the trade on a positive note on Monday but later gave up all early gains to trade lower amid weak trends from Asian markets. The 30-share BSE…
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FPIs remain aggressive buyers in January too
Mumbai: Bulge-bracket Foreign Portfolio Investors continue to pump prime Indian equity markets in the first week of January, contrary to empirical data processed over the last few years. FPIs have invested Rs…
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GST officers detect over 29k bogus firms involved in fake ITC
New Delhi: The government on Sunday said GST officers have detected 29,273 bogus firms involved in fake Input Tax Credit (ITC) claims of Rs 44,015 crore in eight months till December 2023…
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Market’s trend yet undecided, IT results could be a game changer
New Delhi: The first week of calendar year 2024 was a tough one for the markets with the undecided which way to go. Markets gained on three of the five sessions and…
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Red Sea crisis could push shipping costs by 60%, insurance by 20%: GTRI
New Delhi: The increasing Red Sea crisis may impact trade as it is expected to push shipping and insurance costs for exporters, and to deal with the situation, the government should consider…
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Authors sue Microsoft, OpenAI for copyright infringement in new lawsuit
New York: San Altman-run OpenAI and Microsoft have been hit by another class-action lawsuit by book authors, who alleged that the company “simply stole” their copyrighted works to help “build a billion-dollar…
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Microsoft appoints Dee Templeton as non-voting OpenAI board observer
San Francisco: Microsoft has selected Dee Templeton, VP for tech and research partnerships and operations, as its non-voting observer on OpenAI’s board. Templeton, who is an advisor to Microsoft CTO and EVP…
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Uber expands flexible pricing service to more tier 2, 3 cities in India
New Delhi: Ride-hailing major Uber is now testing its flexible pricing service in several tier 2 and 3 cities in India to expand its user base, allowing commuters to bid a particular…
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US preparing to file antitrust charges against Apple: Report
San Francisco: The US Justice Department is reportedly preparing to file a federal antitrust case against Apple for keeping customers locked into its ecosystem. According to a report in The New York…
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SEBI tightens short selling rules
Mumbai: Institutional investors will have to disclose upfront at the time of placement of an order whether the transaction is a short sale, according to a new circular issued by markets regulator…
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Tesla recalls 1.6 mn cars in China, lowers Model Y, S and X range
San Francisco: Elon Musk-run Tesla is recalling 1.6 million vehicles in China, its largest-ever recall in the country, to fix its autopilot system, the media reported on Friday. The recall in China…
