Persistent non-compliance led to Paytm action; no systemic worries: RBI

Mumbai: Persistent non-compliance by Paytm with the regulatory guidelines despite nudges over a period of time ultimately led to the stern action against the fintech, the RBI said on Thursday and also made it clear that there are no systemic worries. Without disclosing specific details of what led to the action against the fintech, Governor […]

‘Performance in IPL will have greater significance because of T20 WC selection’

CHENNAI: Veteran coach Tom Moody on Thursday felt the players’ performance in highly-competitive leagues like IPL and ILT20 will have an added heft this time because of the impact it can have on the team selection ahead of the T20 World Cup. This edition of the marquee ICC event is scheduled to be held jointly […]

AI-enhanced HP Spectre x360 laptops are now available in India

Bengaluru: HP’s latest thin-and-light notebook — Spectre x360, powered by the Intel Core Ultra processor with a dedicated Neural Processing Unit (NPU) to handle AI workloads will be available for purchase starting today. The latest HP Spectre laptops also offer several AI features like automatic framing, background blur, and the ability to maintain eye contact […]

RBI Guv to announce monetary policy today

Mumbai: Reserve Bank Governor Shaktikanta Das will announce the bi-monthly policy on Thursday amid expectations of continued pause on the key interest rate as inflation remains near the upper tolerance level of 6 per cent. For a year, the Reserve Bank has kept the short-term lending rate or repo rate stable at 6.5 per cent. […]

NCCF launches affordable Bharat Rice in Srinagar

Flag-off ceremony led by Falisha Shah marks introduction of Bharat Rice at Rs 2 per Kg to serve locals PAMPORE: In a significant move aimed at enhancing access to essential food items, the National Cooperative Consumers Federation of India Limited (NCCF) Srinagar Branch, under the Ministry of Consumer Affairs, Food, and Public Distribution, Government of […]

Prices of perishable items within tolerance band: FM apprises Parliament

New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday said prices of perishable items have come down and are well within the tolerance band. To a query raised by AIADMK’s M Thambi Durai on the rise in retail inflation, during the Question Hour in Rajya Sabha today, she detailed the interventions made by her government […]

Stock market surges: Sensex and Nifty close at record highs

Mumbai: In a buoyant session on Tuesday, the Indian stock market witnessed a surge, with the benchmark indices closing at record highs. The BSE Sensex soared by 454.67 points or 0.63 per cent to reach 72,186.09, while the NSE Nifty ended the day at 21,939.15, up by 167.45 points or 0.77 per cent. . However, […]

Microsoft teams up with media startups to pioneer AI news tools

New Delhi: Microsoft is making big moves in the world of artificial intelligence (AI) to transform news reporting. The tech giant is partnering with several media organisations to provide journalists with AI-powered tools intended to enhance news coverage, reports the Financial Times. One key collaboration is with Semafor, the news startup led by former BuzzFeed […]

Energy ministers, decision-makers in oil & gas mkt to attend India Energy Week

New Delhi: Energy ministers from across the energy producing world and key decision-makers in the oil and gas market will take part in India Energy Week (IEW) 2024, which begins in Goa on Tuesday. The IEW platform will serve as a conducive space for collaboration on policies, based on exchange of experiences, to usher the […]

Apple plans to buy AI startup to strengthen its Vision Pro: Report

New Delhi: Apple is planning to acquire a German AI startup — Brighter AI, specialising in anonymising face and licence plate data, a media report has said. According to 9to5Mac, citing sources, the tech giant aims to use this acquisition to improve privacy features on its mixed reality (MR) headset Vision Pro. Apple is reportedly […]

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