Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
-
India has potential to become world’s 2nd largest economy by 2031: RBI Dy Guv
Mumbai: Given the country’s innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by…
-
Budget 2024: Govt may alter laws to push banking sector reforms
New Delhi: The government is likely to introduce amendments to Banking Regulation Act 1949 and other laws to push banking sector reforms during the upcoming Budget session. Apart from this, amendments in…
-
Musk’s X developing ‘dislike’ button for downvoting replies
New Delhi: Elon Musk-run X is developing a downvoting feature which will be used to improve the ranking of replies. While the company hasn’t announced its plans officially, recent findings suggest that…
-
Users report losing lakhs due to glitch in Zerodha, firm says ‘issue now resolved’
New Delhi: Several users on Friday reported losing lakhs of rupees while trading on brokerage firm Zerodha’s trading platform Kite due to a glitch in the application. However, the company said the…
-
Fintech firm Partior raises over $60 million in funding
New Delhi: Fintech company Partior on Friday announced the first close of over $60 million Series B round led by the venture capital and growth investing firm Peak XV Partners. The round…
-
Nothing sells 1 lakh units of India-made CMF Phone 1 in 3 hours
New Delhi: London-based technology company Nothing on Friday announced that 1 lakh units of its sub-brand’s debut smartphone CMF Phone 1, which is being manufactured in India, was sold in just three…
-
Sensex, Nifty hit record high on buying in IT stocks
Mumbai: Equity benchmark indices Sensex and Nifty hit their fresh record high levels on Friday amid heavy buying in IT stocks after TCS announced its June quarter earnings. The 30-share BSE Sensex…
-
Sensex trades higher on positive global cues
Mumbai: Indian equity benchmarks opened in the green on Friday following positive global cues. At 9:50 a.m., Sensex was up 282 points or 0.35 per cent at 80,180 and Nifty 50 was…
-
Musk’s X banned over 1.9 lakh accounts for policy violations in India
New Delhi: Elon Musk-run X Corp has banned 194,053 accounts in India between May 26 and June 25, mostly for promoting child sexual exploitation and non-consensual nudity. The microblogging platform, going through…
-
Centre picks 7 homegrown startups to build next-gen tech for aerospace, defence sectors
New Delhi: The government on Thursday awarded seven new projects to startups under the Technology Development Fund scheme for various requirements of the Armed Forces and aerospace and defence sectors. The move…
-
Demat accounts surge to 162 mn in June, NSE active clients reach 44.2 mn
New Delhi: The number of demat accounts increased to 162 million in June, jumping 4.2 million (month-on-month), a report showed on Thursday. In the current fiscal, the average monthly demat accounts addition…
-
Homegrown Indkal to manufacture Acer-branded smartphones in India
New Delhi: Homegrown Indkal Technologies on Thursday announced its foray into the smartphone market under a trademark licencing agreement with the Taiwanese electronics company Acer, in which it will design, manufacture and…
-
Lava launches new smartphone with curved display
New Delhi: Domestic smartphone brand Lava on Wednesday launched a new smartphone under its Blaze series — Lava Blaze X, with a curved AMOLED display. The new Blaze X comes in two…
-
Shiprocket integrates Snowflake’s AI Data Cloud to empower 1.5 lakh Indian merchants
New Delhi: Data cloud company Snowflake, on Wednesday, announced that e-commerce enablement platform Shiprocket has successfully deployed its artificial intelligence (AI) Data Cloud, which will empower 1.5 lakh Indian merchants providing faster…
-
Majority Indians aware of AI, stress on increasing trust & transparency: Report
New Delhi: About 96 per cent of Indians are aware of Artificial Intelligence (AI), including generative AI platforms like Google Gemini (formerly Bard) and ChatGPT, but 81 per cent researchers and clinicians…
