Business
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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Sensex trades lower amid selling in banking stocks
Mumbai: Indian equity indices opened in red on Wednesday following pressure in banking stocks. At 9:55 a.m., Sensex was down 228 points or 0.28 per cent, at 80,123 and Nifty was down…
