Business
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RBI tweaks rules to cut risk banks face in exposure to capital markets
Mumbai: The RBI on Friday tweaked rules to reduce the risk faced by banks in their exposure to capital market in the case of issue of Irrevocable Payment Commitments (IPCs). The RBI…
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ChatGPT not reliable tool to gauge development delays in children, finds research
New Delhi: If you ask ChatGPT to gauge your child’s development, stop this practice. According to new research, Artificial Intelligence (AI) tools like ChatGPT do not perform like pediatricians in certain tasks…
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India likely to be Apple’s 3rd largest market in next 2 to 3 years: Experts
New Delhi: As Apple registered strong double-digit growth in India in the March quarter this year, experts on Friday said that the country will likely become the tech giant’s third-largest market in…
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Tata Technologies clocks profit before tax at Rs 932 crore in FY24
New Delhi: Tata Technologies Limited on Friday reported profit before tax (PBT) at Rs 932 crore in FY24, a 17.1 per cent growth (year-on-year), as the board recommended a final dividend of…
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WhatsApp banned record over 79 lakh accounts in India in March
New Delhi: Meta-owned WhatsApp has said it banned more than 79 lakh accounts in India in the month of March, in compliance with the IT (Intermediary Guidelines and Digital Media Ethics Code)…
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Zomato CEO calls experienced ex-restaurateurs to help him serve better
New Delhi: Zomato co-founder and CEO Deepinder Goyal on Friday called experienced ex-restaurateurs to come and help him build an online food delivery platform that serves its customers and the overall food…
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Byju’s pays April salary in full, except to sales employees
New Delhi: Embattled edtech platform Byju’s has paid full salary for April to employees in all functions, except sales staff, even as the company is facing a liquidity crisis. According to sources,…
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Gold prices in Dubai shoot up: Find rates here
The gold prices at the opening of the markets in the United Arab Emirates (UAE) on Thursday, May 2, rose by Dirham 2 (Rs 45.45) per gram. The Dubai Jewellery Group data showed a 24-carat…
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Sensex rises over 200 points on strong domestic cues
New Delhi: The Bombay Stock Exchange (BSE) Sensex gained more than 200 points on Thursday on strong domestic cues. Among the Sensex stocks, Powergrid was up more than 3 per cent while…
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Govt’s firm stand on buying Russian oil saves $8 billion in India’s import bill
New Delhi: India’s strategy of continuing to buy cheap oil from Russia despite Western pressures against these purchases has resulted in the saving of around $7.9 billion in the country’s oil import…
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Rupee turns flat at 83.43 against US dollar in early trade
Mumbai: The rupee traded on a flat note at 83.43 against the US dollar in early trade on Thursday amid a strong greenback after the American central bank decided to keep interest…
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G7’s coal phase-out not enough without ending gas dependency: Experts
New Delhi: The agreement arrived at by G7 ministers to phase out the existing unabated coal power generation by 2035 is welcome, but their addiction to gas production and consumption remains the…
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25 pc of cyberattacks motivated by ‘espionage’ in APAC region last year: Report
New Delhi: About 25 per cent of cyberattacks were motivated by ‘espionage’ in the Asia-Pacific (APAC) region last year, which is significantly higher than the 6 per cent and 4 per cent…
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Microsoft announces to open its first regional data centre in Thailand
New Delhi: Microsoft on Wednesday announced to build a new cloud and artificial intelligence (AI) infrastructure in Thailand, provide AI skilling opportunities for more than 100,000 people, and support the nation’s growing…
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FirstCry CEO’s remuneration drops 49 per cent to Rs 8.6 crore a month
New Delhi: Supam Maheshwari, Co-Founder and CEO of mother and child care e-commerce platform FirstCry, has seen his monthly remuneration drop at least 49 per cent to Rs 8.6 crore, as per…