Business

India ready to extend all possible support for peace in West Asia: PM Modi in UAE

ABU DHABI: India is ready to extend all possible support to bring peace in West Asia, Prime Minister Narendra Modi said on Friday during his talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan. The Modi-Al Nahyan meeting...

Adani Airport Holdings signs pact with IHG Hotels & Resorts to develop 5 properties

MUMBAI: (May 15) Adani Airport Holdings has signed a deal with IHG Hotels & Resorts for developing five hotels across -- Jaipur, Mangaluru, Thiruvananthapuram and the Mumbai Metropolitan Region (MMR) -- ”and is in advanced discussions with the British...

Petrol and diesel prices hike

Speaking about the hike in fuel prices, Arvind Kumar, Director (Refineries), IOCL, told ANI that amid global pressures, “it is a very small rise.” “It’s a very small rise, and you know a lot of pressure is there. But...

Oracle lays off around 12,000 employees in India: How this marks a wider pivot to AI

Oracle layoffs in India: The recent layoffs at Oracle Corporation have brought into sharp focus a broader shift underway in the global technology industry: the pivot towards artificial intelligence infrastructure. The US-based enterprise software giant has cut roughly 11,000-12,000 jobs...

Indian banks to work together to meet ‘AI-born challenge’: Finance Minister Nirmala Sitharaman

Speaking in Pune, Sitharaman said SBI Chairman CS Setty would lead the efforts to face the challenges posed by new AI models such as Anthropic’s Mythos.As authorities across the world come to terms with the threat posed by Anthropic’s...

Why have gold prices corrected even with the US-Iran war going on?

Some reasons why gold prices are down despite the US-Iran War include lower central banking buying, US Dollar strength, rise in Government bond yields, etc.Some reasons why gold prices are down despite the US-Iran War include lower central banking...

Morbi ceramic units eye full revival in May as Gujarat Gas ramps up PNG supply

Gujarat Gas Limited, a state-run city gas distribution company, supplies piped natural gas to industrial, commercial and domestic consumers across the stateProduction has resumed across the cluster and most units are expected to be operational by May 10. (CGDIndia...

RBI cancels Paytm Payments Bank licence

Backed by One97 Communications, Paytm Payments Bank secured a limited banking licence in August 2015 to take small deposits but not give out loans.The Reserve Bank of India (RBI) has cancelled the banking licence issued to Paytm Payments Bank...

As countries ban social media for kids, Meta makes a direct pitch to parents

Social media regulation never worked, and countries are now banning access for children. Meta hopes to gain the trust of parents to build a counter argumentEven as Turkey joins the list of countries that intend to ban social media...
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Nepal flash floods death toll surges to 768; authorities warn of rising water levels in Bhotekoshi River

KATHMANDU: The water levels in the Bhotekoshi River rose again on Sunday, days after a devastating flash flood struck...
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