Business
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FPIs have turned sellers in Indian market after 3 months
New Delhi: After sustained buying for three months, FPIs have turned sellers in the Indian market, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. During the last seven trading sessions…
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Saudi to extend one million bpd oil production cut until Sept
Riyadh: The Kingdom of Saudi Arabia (KSA) announced on Thursday, August 3, that it will extend its voluntary oil production cut of one million barrels per day (bpd) for another month to include September,…
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Amazon posts USD 6.7 bn in net income, AWS biz grows 12 percent
San Francisco: Amazon posted strong financial results for its second quarter ended June 30, with net sales increasing 11 per cent to $134.4 billion and net income at $6.7 billion, compared with…
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Impact of US rating downgrade is likely to fade away soon
New Delhi: BSE Sensex was down 123 points in trade on Thursday morning as the market absorbed the impact of the US downgrade. Sensex was trading at 65,659 points after a steep…
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28% GST on online gaming stays; to be reviewed after 6 months of roll-out
New Delhi: The decision to impose a 28 per cent tax on the full face value of bets placed on online games will be implemented from October 1 even though there was…
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Hyderabad: Vijay Kumar Saraswat appointed chairman of QETCI
Hyderabad: Quantum Ecosystems Technology Council of India (QETCI), on Wednesday, announced that scientist and defence expert Dr Vijay Kumar Saraswat has been appointed as the chairman of its board. The appointment is…
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Samsung launches 110-inch Micro LED TV in India
New Delhi: Samsung on Wednesday announced the launch of its ultra-luxurious Micro LED TV in India, available in massive 110-inch screen size. The Micro LED will be available to purchase at select…
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Lava launches new smartphone with glass back finish, 5,000 mAh battery & more
New Delhi: Domestic smartphone brand Lava on Wednesday launched a new affordable smartphone which features a glass back finish, 5,000mAh battery and more. The ‘Yuva 2’ smartphone costs Rs 6,999 and will…
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Musk’s X corp sues anti-hate firm over ‘improperly’ accessing Twitter data
London: Elon Musk-run X Corp has sued anti-hate organisation the Center for Countering Digital Hate (CCDH) over “unlawful acts” to “improperly gain access” to its data. X accused the UK-based nonprofit of…
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Microsoft rolls out spatial audio on Teams for desktop
San Francisco: Microsoft has rolled out spatial audio on Teams for desktop, to improve communication and reduce meeting fatigue in audio and video conferences. “Spatial audio aims to mimic an in-person conversation…
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Air India appoints Manish Uppal as head of flight operations
New Delhi: Tata-owned Air India has appointed Manish Uppal as Head of Flight Operations. According to an announcement issued on Tuesday, Uppal, who is currently the Head of Operations at Air Asia…
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Vanguard slashes Ola’s valuation by 52 per cent: Report
New Delhi: Leading US asset manager Vanguard has further slashed its holding in ride-hailing major Ola by more than half, which takes Bhavish Aggarwal-run company’s valuation down to nearly $3.5 billion from…
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Samsung to launch Galaxy F34 on August 7 in India
New Delhi: Samsung on Tuesday announced that it will launch a new smartphone — Galaxy F34 5G on August 7 in India, featuring a massive 6.5-inch FHD+ Super AMOLED 120Hz display. The…
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YouTuber MrBeast suing ghost kitchen partner over ‘inedible’ MrBeast burgers
San Francisco: Popular YouTuber Jimmy Donaldson aka MrBeast is suing the company responsible for his branded line of fast food including the MrBeast Burger, due to delivering “inedible” food to customers. In…
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Dell expands AI offerings to boost Generative AI initiatives globally
New Delhi: Dell Technologies on Tuesday introduced new artificial intelligence (AI) offerings to help customers quickly and securely build Generative AI models on-premises to accelerate improved outcomes and drive new levels of…
