Business
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Musk credits father for teaching ‘physics, engineering & construction’
New Delhi: Billionaire Elon Musk on Sunday credited his father for teaching fundamentals of “physics, engineering and construction”. The world’s second richest man said that the teaching of his father Errol Musk,…
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Saudi economy grew by 3.9% in Q1 of 2023
Riyadh: The Kingdom of Saudi Arabia’s economy grew by 3.9 per cent on an annual basis during the first quarter of 2023, compared to the same quarter of 2022. The non-oil activities…
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Sitharaman to review state of economy at FSDC meeting on Monday
New Delhi: Finance minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council (FSDC) on Monday. The 27th…
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Shoot and scoot policy by Go Airlines and Pratt & Whitney
Chennai: Shoot and scoot seems to be the communication policy being adopted by the two warring groups in the aviation sector – Indias Go Airlines (India) Ltd and the US aircraft engine…
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Amazon acquires Snackable AI to boost podcast offerings
San Francisco: Amazon has quietly acquired audio content discovery engine Snackable AI to strengthen its podcast features for an undisclosed sum, the media reported. The Snackable AI team joined Amazon Music to…
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Rapid continues downsizing efforts, lays off additional 70 workers
San Francisco: The US-based startup Rapid (previously known as RapidAPI), which built out an API (Application Programming Interface) marketplace, has laid off another 70 employees less than two weeks after letting go…
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Bug exposed private Circle tweets to public, admits Twitter
New Delhi: A bug in Twitter exposed Circle tweets, a way to send tweets to select people and share thoughts with trusted friends, to the public users, the Elon Musk-run company has…
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Google’s AI chatbot Bard now available for Workspace accounts
San Francisco: Google has said that it is now making its AI chatbot Bard available to users with Workspace accounts. On the official Bard changelog, Google announced that Workspace accounts can now…
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Go First cancels all flights till May 12
New Delhi: Cash-strapped airline Go First on Friday said it has cancelled all its flights till May 12. The Wadia group-owned carrier has filed a plea for voluntary insolvency resolution proceedings before…
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India’s foreign exchange reserves rise to $588.78 billion
New Delhi: India’s foreign exchange reserves increased marginally by $4.53 billion to $588.78 billion during the week ending April 28, according to Reserve Bank of India data released on Friday. As per…
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Paytm logs Rs 7,990 cr revenue in FY23, becomes India’s highest earning new-age firm
New Delhi: Leading payments and financial services company Paytm on Friday announced an impressive growth in its fourth quarter of FY23, ending the financial year on a high note. In Q4 FY23,…
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Adani shares need big rally to reach pre-Hindenburg levels
The Adani Group, one of India’s leading conglomerates, has been in the news for a while now, thanks to the Hindenburg Research report that was released on January 24, 2023. The report…
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Apple set quarterly record in India, country at a tipping point: Tim Cook
New Delhi: Apple set a quarterly record in the January-March period in India and grew very strong, in double digits year-over-year, said Tim Cook, the company’s CEO who was in India last…
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Another US regional bank First Horizon’s stock tumbles after merger collapses
New York: First Horizon and TD Bank have called off a $13 billion deal that would have formed Americas sixth-largest bank, adding to the turmoil sweeping the countrys regional lenders, a media…
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India to become 50% non-cash economy in consumption in 3 years
New Delhi: India is expected to become a 50 per cent non-cash economy in consumption in the next three years, with person-to-merchant digital transactions reaching over $1.5 trillion by FY26, a report…
