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Meta names Alex Schultz first chief data officerMeta is reshuffling its leadership to bolster its AI and data strategy. Alex Schultz, previously Chief Marketing Officer, is now the compan...
NFO Alert: AlphaGrep Mutual Fund launches multi asset allocation fund, its first fundAlphaGrep Mutual Fund has launched its inaugural fund, the AlphaGrep Multi Asset Allocation Fund, marking its entry into the Indian retail ...
Indus Waters Treaty remains 'valid, binding and operative': Pakistan Deputy PM DarPakistan vehemently rejects India's revocation of the Indus Waters Treaty, asserting its continued validity and binding nature. Deputy Prim...
CG Semi’s Gujarat chip unit starts to shipThis marks a new milestone in India’s mission to create an ecosystem for semiconductor manufacturing and assembling, which began from scrat...
RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
AI tools helping identify GST evasion, easing compliance for honest taxpayers: FinMinIndia's Goods and Services Tax (GST) system is leveraging advanced technologies like AI and data analytics to combat tax evasion and stream...
AI-enabled cyberattacks biggest near-term threat to financial system: RBIAI-powered cyberattacks are India's top financial system risk, according to the RBI's latest report. Banks and NBFCs are most concerned abo...
NFO Alert: ICICI Prudential Mutual Fund announces launch of balanced hybrid fundThe new fund offer or NFO of the fund is open for subscription and will close on July 14. The scheme will reopen for continuous sale and re...
Global Market: PBOC keeps new overnight repo rate at 1.25%, pumps in 600 billion yuanChina's central bank significantly boosted liquidity, injecting 600 billion yuan via overnight reverse repos, doubling Monday's debut. This...
JioBlackRock Mutual Fund launches Prism Hybrid Long-Short Fund, its first SIFJioBlackRock has launched its Prism Hybrid Long-Short Fund, an innovative interval investment strategy allowing twice-weekly redemptions. T...
BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...
Tata Sierra EV conquers UAE’s Tal Moreeb dune ahead of launch; Boost Mode, AWD and 500+ km range hintedTata Motors has unveiled the upcoming Sierra EV conquering Abu Dhabi's challenging Tal Moreeb sand dune, showcasing its robust off-road cap...
Word of the Day: PulchritudeWord of the Day: Unveil the word 'pulchritude,' an exquisite term that captures the essence of physical beauty in a more sophisticated mann...
Why MSMEs hold the key to India’s biggest AI opportunityIndia is poised for AI leadership, with large businesses rapidly adopting advanced systems. However, millions of MSMEs lag due to tradition...
Punjab drug body finds critical lapses at Jackson Laboratories' manufacturing facility in AmritsarThe Punjab FDA has taken decisive action by revoking the manufacturing licence of Jackson Laboratories in Amritsar due to severe regulatory...
Banks' credit steady at 17.7%, deposits ease to 12%: RBIBank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased s...
Reserve Bank of India issues final rules on credit derivativesThe rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without an...
Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,0...
300 years ago, one humble Indian potter rebuilt the human nose: How India gave the world rhinoplastyCenturies before the West, ancient India pioneered rhinoplasty. As early as the 6th century BC, physician Sushruta documented sophisticated...
RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...