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-
Key decisions by Union Cabinet
The Union Cabinet on Wednesday announced certain key decisions for railway as well as textile and garment sectors. Union ministers Piyush Goyal and Anurag Thakur briefed the media on the decisions taken after the cabinet meeting, that was chaired by Prime Minister Narendra Modi. -
EPFO Update: How To Check PF Balance In 4 Easy Ways, Details Here
As EPFO members are waiting to know their interest credit status, here are 4 ways to check PF Balance --Online, SMS, Missed Calls, Umang App. -
Stock market today: BSE Sensex surges 300 points to above 74,000 level; Nifty50 near 22,500
Stock market today: BSE Sensex and Nifty50, the Indian benchmark equity indices, moved up in trade on Monday. BSE Senses surged 300 points and Nifty50 was near 22,500. -
Yen sinks to 34-year low past 160 per dollar
The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented expectations for US interest rate cuts this year. "Markets appear to be trying to push dollar-yen towards 160 in the absence of official intervention," said Vishnu Varathan, at Mizuho Bank. -
Why Motilal Oswal's CIO is bullish on telecom stocks
India's telecommunications sector is poised for a resurgence, driven by anticipated tariff increases and the adoption of high-speed networks, which are expected to boost revenue, according to a leading fund manager. Niket Shah, chief investment officer at Motilal Oswal Asset Management Co, predicts that "We are likely headed for a large hike in tariffs." -
Private banks grapple with rising IT expenses amid surge in transactions
Private banks are experiencing a significant increase in information technology expenses as most transactions are now conducted digitally. Unlike the one-time capital expenses incurred when they migrated to core banking, IT is now becoming a recurring cost accounting for up to 10% of operating expenses. Bankers have responded to queries about their level of IT capabilities in light of the RBI action on Kotak Mahindra Bank freezing digital onboarding and issuing credit cards. -
Days after putting off trip to India, Musk visits China, meets Premier Li
On a surprise visit to Beijing amid speculation that he may unveil Tesla's autonomous driving technology in the burgeoning electric vehicle (EV) market in China, billionaire Elon Musk on Sunday met Chinese Premier Li Qiang and discussed future expansion plans for his automobile. Li told Musk that China's huge market will always be open to foreign-funded enterprises. -
'Safety breeds confidence and progress': FSII's focus on culture in seed industry
On the International Day of Safety & Health at Work, the Federation of Seed Industry of India (FSII) reiterated its commitment to upholding the utmost safety standards for workers and operators involved in seed treatments, production, and distribution. The executive director of FSII assured policymakers and other stakeholders of the organisation's compliance with world-class safety protocols. -
Government Permits Export Of 99,150 Metric Tonnes Of Onions To 6 Countries
The offer rate of NCEL to the buyers takes into account the prevailing prices in the destination market and also international and domestic markets. -
Mercedes-Benz G 580 EV Unveiled Globally; Check Features, Powertrain And Other Details
Under the hood, the Mercedes-Benz G 580 EV boasts a quad-motor all-wheel-drive electric drivetrain, with individual motors powering each wheel. -
From Sweets to Seats: Meet Man Whose Father Took A Loan Of Rs 500; Now He Owns India's Largest Private University
With an annual revenue of Rs 1,153 crore, his story is just a perfect example of overpowering financial struggles and transforming the power of education. -
Elon Musk meets Chinese delegations in Beijing, says 'all cars will be electric in future'
Tesla CEO Elon Musk met with Chinese Premier Li Qiang in Beijing on Sunday, where the official pledged that China would remain consistently open to foreign companies. Musk arrived in China earlier on the same day for his second visit in less than a year to the world's largest electric car market. -
Former Tech Mahindra India business head quits to set up AI startup
Jagdish Mitra, the former head of Tech Mahindra's business in India, has established an AI startup with an initial proposed investment ranging from Rs 65-80 crore. Operations for the startup are expected to begin within the next three months. "We will start going to customers in 8-12 months. Initially, we will invest USD 8-10 million," Mitra told PTI. -
Meet Jayaram Banan Who Started His Journey From Dishwasher And Now Owns Company Valued At Rs 300 Crore
Jayaram started the restaurant business by earning Rs 18 as a dishwasher in a Mumbai cafeteria. -
How to Stay Safe from Car Insurance Fraud; Check Essential Tips
Car insurance fraud typically involves fake insurance companies, fraudulent agents, or middlemen. -
China's share in India's industrial goods imports jump to 30% from 21% in last 15 years: GTRI
India faces a growing trade deficit with China, relying heavily on Chinese imports in various sectors. To mitigate risks, Ajay Srivastava suggests fostering diversified supply chains. The report highlights China's significant role in India's industrial imports. -
MDH Dismisses Pesticides Allegations From Food Regulators, Assures Product Safety
MDH clarified in their statement that they haven't been contacted by food safety regulators in Hong Kong or Singapore -
Katy Perry Flaunts Her New Tesla Cybertruck; Elon Musk Responds
Katy Perry thanked Elon Musk For her New Tesla Cybertruck delivery on the X platform formerly Twitter).
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Bank Holidays Alert: Banks To Remain Closed On THESE Dates In May 2024
Online banking services will continue without interruption during all bank holidays and weekends. -
Elon Musk heading to China for visit to Tesla's second-biggest market, sources say
Elon Musk is heading toward Beijing to discuss fully driving software and data transfer approval with Chinese officials. Tesla stored Chinese fleet data in Shanghai as per regulations, not publicly available in China. Earlier, Musk said that Tesla may make FSD available to customers in China "very soon", in response to a query on social media platform X. -
Trial Run for Vande Metro and Vande Bharat Sleeper Trains To Start Soon: Reports
The Vande Metro trains will connect approximately 124 cities, including Lucknow-Kanpur, Agra-Mathura, Delhi-Rewari, Bhubaneswar-Balasore, and Tirupati-Chennai.
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ICICI Bank Q4 net profit jumps 17.4% to 10,708 crore, asset quality improves
ICICI Bank, the second-largest private lender, has reported a net profit of Rs 10,708 crore for the quarter ended March 2024, marking an increase of 17.4%, surpassing analyst forecasts. The bank’s board has recommended a dividend of Rs 10 per share. At the end of the quarter, the bank’s deposits stood at Rs 14,12,825 crore, up by 19.6% from March 2023. -
Trials for short distance Vande Metro trains to begin in July, for Vande Bharat sleeper in May
Indian Railways is gearing up to commence trial runs of short-distance Vande Metro trains in July, alongside the launch of the sleeper version of Vande Bharat next month. The Vande Metro trains are slated to operate on routes spanning 100-250 kilometers, while the Vande Bharat Sleeper trains will be designated for routes exceeding 1,000 kilometers. Officials indicate that the Vande Metro trains will establish connections across approximately 124 cities. -
'Doctor Yellow': Passengers Are Not Allowed In Japan's This Bullet Train; Know Why
The bullet train generally has aqua aqua-green nose and white body. However, there is a complete yellow bullet train in Japan in which passengers are not allowed to travel. -
ICICI Bank reports 18.5% growth in Q4 net profit at Rs 11,672 crore
Private sector lender ICICI Bank on Saturday announced that its consolidated net profit for the March 2024 quarter increased by 18.5% to Rs 11,672 crore. This marks a significant rise from the net profit of Rs 9,853 crore reported in the corresponding period of the previous year. The second largest private sector lender showed a 17.4%growth in its profit after tax. -
'Can’t be CEO in America if not Indian’: US envoy
Garcetti acknowledges Indian immigrants' success in the US, with over 10% of Fortune 500 CEOs being Indian. He highlights the significant impact of Indian professionals in leading companies like Google, Microsoft, and Starbucks. -
Centre allows export of 99,150 MT onion to six countries
Centre on Saturday allowed export of 99,150 MT onion to six countries - Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka. The Indian govt allows export of 2000 MT of white onion cultivated specially for export markets in Middle-East and some European countries. National Cooperative Exports Limited (NCEL) is the agency for export of onion to these countries. -
Mehul Prajapati Did Nothing Wrong By Using Food Bank Help. Here's Why
The criticism directed at Prajapati arises from various misunderstandings. -
First US bank failure this year: Regulators close Republic First Bank
Republic First Bank in PA, NJ, NY, seized by FDIC. Acquired by Fulton Bank. $667M cost, 1st US bank failure in 2022. Steven Mnuchin group injects $1B into New York community Bancorp. -
'Get used to living frugally': China asks officials to use own cup, travel by bike
China implements austerity measures like budget cuts and frugality campaigns to address economic challenges, redirect resources, and curb unnecessary spending. However, critics question the effectiveness of these measures in resolving long-term economic issues.
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