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Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
Automakers ramp up production, inventory as festive demand picks upAutomakers in India are increasing production and optimizing dealer inventories in anticipation of the festive season. Maruti Suzuki and Hy...
Trump rules out US diesel export banDonald Trump said the US will not impose a diesel export ban after European countries agreed to release more fuel into the market to ease s...
India’s retail gold rush is moving to smaller cities as metros run out of roomIndia's retail landscape is shifting towards tier-2 cities, which have added significantly more Grade A shopping spaces since 2020. High re...
CREDAI says unable to build affordable homes due to high input cost, taxes; seeks govt sopsCREDAI has raised concerns about the lack of affordable housing being built because of rising costs. The organization's President, Shekhar ...
India tourism growth faces skills crunch; workforce shortfall may hit 11 million by 2035: CBREIndia's tourism industry could face a shortage of around 11 million workers by 2035 as demand for trained professionals struggles to keep p...
US Navy awards $24.4 billion to accelerate production of Standard Missile-6The US Navy has secured a deal worth up to $24.4 billion with Raytheon to ramp up production of Standard Missile-6 interceptors over five y...
Global memory deficit set to prolong Korean chip supercycle through 2028The projection gained ground after US-based Micron Technology reported that over 75 per cent of its planned production for fiscal 2027 stoo...
India cuts sugar stock holding period for dealers to 15 days to curb hoarding ahead of festivalsStarting from October 15, new regulations will limit sugar stock for dealers to 1,000 quintals nationwide. Dealers will only be allowed to ...
Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
IndiaAI Mission likely to rewire after GPU glitchThe IndiaAI Mission currently has access to about 30,000 GPUs against a total commitment of 45,000. Several firms that had committed capaci...
Mind the diesel retail-bulk gapHigh global diesel prices are impacting government-owned refiners who maintain frozen retail prices for domestic customers. Private refiner...
India 10-year bond snaps four-day losing run as US yields easeOn Tuesday, Indian government bonds rebounded, marking the end of a four-day downturn spurred by softer US Treasury yields and declining cr...
- Anthropic eyes $518 billion AI buildout; backed by 80% non-cancellable deals
The AI startup said it plans to spend at least $111.1 billion with Google , $110 billion with Amazon and $31.4 billion with Microsoft under...
LPG customer base dips after a decadeIndia's LPG customer base had been expanding steadily, with the adoption of cooking gas accelerating over the past decade. The active LPG c...
Google plans first test of AI chips in space under Project SuncatcherThe new mission, scheduled to fly on SpaceX's upcoming Transporter-18 rideshare launch in partnership with satellite company Planet Labs, w...
Steel prices to stay firm as tight supply, duties fuel dealer inventory build-up: Centrum reportDomestic steel prices are forecasted to remain strong in the coming months due to tight supply constraints. Dealers are actively building i...
Auto sales: Strong festive demand may be hit by low dealer stocks, supply constraintsAs the festive season approaches, car manufacturers are grappling with low inventory levels despite a surge in customer bookings. Supply co...
Domestic steel prices likely to stay firm as demand recovery, supply constraints support market: ReportDomestic steel prices are expected to remain firm this September. Post-monsoon construction activity is gradually recovering, supporting de...