Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Netflix adds 2.6 mn more subscribers in July despite password-sharing crackdown
San Francisco: Despite the password-sharing crackdown, streaming giant Netflix’s subscriber base continues to grow as it added 2.6 million more paid users in the month of July in the US. According to…
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Indian banks set to reward shareholders with the highest dividend in seven years
New Delhi: Indian banks look set to reward shareholders with the highest dividend in at least seven years. The country’s banks are forecast to take their share in aggregate payout across all…
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UAE: Gold prices jump nearly Dh 4 per gram in Dubai
Abu Dhabi: Gold prices in the United Arab Emirates (UAE) on Wednesday evening, August 23, jumped by nearly Dirhams four per gram after the precious metal crossed the 1,900 dollars an ounce…
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News organisations can also get a share of X’s ad revenue: Musk
New Delhi: Tesla and SpaceX CEO Elon Musk on Thursday said that news organisations can also get a share of X’s advertising revenue. In his latest bid to woo journalists after paying…
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Shares of this Adani Group company double investor wealth in less than six months
The shares of Adani Group companies are moving upwards, thereby providing impressive returns to investors. Although all Adani shares are yielding significant returns, Adani Power has doubled investors’ wealth in under six…
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Crypto firms raise $2.3 bn in VC funding in Q2, lowest since Q4 2020
New Delhi: Amid the tightening regulatory landscape, crypto startups secured $2.3 billion from VC rounds in the second quarter (April-June period) this year, the least amount raised since Q4 2020, a new…
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Microsoft introduces Python in Excel
San Francisco: Microsoft has introduced the public preview of the popular programming language Python in Excel. “Today, we are excited to introduce the Public Preview of Python in Excel — making it…
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YouTube sees over 1.7 bn views on AI tool-related videos in 2023
San Francisco: Google-owned YouTube has announced that the platform saw over 1.7 billion views on videos related to AI tools so far this year. The platform also introduced YouTube’s Music AI Incubator.…
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Microsoft ends production of Azure Kinect Developer Kit
San Francisco: Microsoft has announced its decision to end the production of Azure Kinect Developer Kit. “We have made the decision to end production of Azure Kinect Developer Kit, but this is…
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Homegrown crypto exchange CoinDCX lays off 12% of its workforce
New Delhi: Homegrown crypto exchange CoinDCX on Tuesday said it is laying off about 12 per cent of its workforce, as the crypto market continues to navigate the tough macro conditions and…
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AI won’t destroy many jobs but clerical employees at high risk: ILO study
Geneva: Generative artificial intelligence (AI) is more likely to augment than destroy jobs by automating some tasks rather than taking over a role entirely, according to a study by the International Labour…
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Snapchat to feature new generative AI feature ‘Dreams’
San Francisco: Popular social media platform Snapchat will feature a new generative artificial intelligence (AI) feature ‘Dreams’. With this upcoming generative AI feature, the company “will again experiment with AI images– but…
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WhatsApp widely rolling out video message feature on iOS
San Francisco: Meta-owned messaging platform WhatsApp is widely rolling out a video message feature on iOS. “You can now instantly record and send video messages in chats,” the company mentioned in the…
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India remains most stable market in Asia on fundamentals, flows
New Delhi: India’s outperformance in 2Q and 3Q so far is underpinned by strong economic and corporate top-line growth, a policy-driven recovery in investments, expectations of a manufacturing surge driven by global…
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Inflation to remain high for coming months: Economic review
New Delhi: Alhough domestic consumption and investment demand are expected to continue driving growth, global uncertainty and domestic disruptions may keep inflationary pressures elevated for the coming months, warranting greater vigilance by…
