Business
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IIT Madras’ startup Agnikul launches world’s 1st rocket with fully 3D-printed engine
Chennai: Agnikul Cosmos, a start-up incubated at the IIT Madras, on Thursday launched the world’s first rocket with a single-piece three-dimensional (3D) printed engine. The rocket Agnibaan SOrTeD (SubOrbital Technological Demonstrator) is…
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India’s smart TV shipments fell 14 pc in Q1 due to slowdown in demand: Report
New Delhi: India’s smart TV shipments dropped by 14 per cent (year-on-year) in the first quarter (Q1) of 2024 due to a slowdown in demand and an inventory build-up at major OEMs…
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Rocket reusability key for humanity to become a spacefaring civilisation: Musk
New Delhi: Rocket reusability must be the key feature space companies must develop to help humanity become a spacefaring civilisation, said SpaceX and Tesla CEO Elon Musk on Thursday. Citing a New…
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RBI sees real GDP growth at 7 pc in FY25
Mumbai: Indian economy is likely to grow at 7 per cent in the current fiscal year starting April, the Reserve Bank of India (RBI) said in its annual report released on Thursday.…
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Rupee falls 2 paise to 83.42 against US dollar in early trade
Mumbai: The rupee slipped 2 paise to 83.42 against the US dollar in early trade on Thursday, tracking the outflow of foreign capital amid volatile domestic equity markets. Forex traders said a…
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RBI fines HSBC Ltd for violating norms
Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of Rs 36.38 lakh on HSBC Limited for violation of directions on reporting requirements under the Liberalised Remittance Scheme of FEMA.…
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Silver continues to glitter, hits lifetime high of Rs 97,100 per kg
New Delhi: Silver prices hit a lifetime high levels of Rs 97,100 in the local market on Wednesday, while gold prices rose Rs 250 in line with strong trends in the overseas…
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Atmospheric data collection tool Radio-Sonde launched from ISRO centre at Samba
Samba: Centre University of Jammu (CUJ) on Wednesday announced that its Radio-Sonde, a crucial tool for atmospheric data collection, was launched successfully from its ISRO centre in Samba district of Jammu and…
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Investor wealth erodes by Rs 5.12 lakh cr in 4-day fall in stock markets
New Delhi: Investors’ wealth eroded by Rs 5.12 lakh crore in four straight days of fall in the equity markets which witnessed profit-taking after a record-breaking rally and caution ahead of the…
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Fintech startup BharatX acquires Zenifi to enter medical lending market
New Delhi: Y-Combinator-backed BNPL fintech startup, BharatX on Wednesday announced that it has acquired healthcare finance startup Zenifi to enter the medical lending segment. As part of the deal, the co-founder and…
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Razorpay POS launches ‘Q-Zap’ to enable faster checkouts, zero queues
New Delhi: Razorpay POS, the offline payments arm of the fintech major, on Wednesday launched ‘Q-Zap’, a payment solution for retailers, designed to enable faster checkouts and zero queues. With the help…
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3 fastest growing jobs for fresh graduates in India revealed
New Delhi: Software engineer, system engineer and programming analyst are the top jobs for fresh graduates in India as design, analytics and programming are still the top skills for entry-level roles, a…
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LinkedIn is so ‘cringe’ it will make your toenails curl: Musk
New Delhi: Tesla and SpaceX CEO Elon Musk on Wednesday attacked Microsoft-owned largest professional network LinkedIn, saying this platform is “so cringe it will make your toenails curl”, as the billionaire aims…
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Report on acquiring a stake in Paytm totally false: Adani Group
New Delhi: The Adani Group on Wednesday categorically denied a media report which claimed that the company is going to acquire a stake in digital payments company Paytm. A media report earlier…
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Industry hails RBI’s 3 new initiatives to bolster fintech sector
New Delhi: The fintech industry leaders on Wednesday hailed the three major initiatives of the Reserve Bank of India (RBI) which include the PRAVAAH portal, the Retail Direct Mobile App and a…
