After initially rolling out Bard in the UK and the US, Google has now opened the AI chatbot to over 180 countries, including India, with more coming soon. Apart from English, Bard is now available […]
Budget carrier SpiceJet on Thursday, May 11, said it has no plans to file for insolvency proceedings and has also started the process of reviving its grounded fleet with $50 million. The statement from SpiceJet […]
The Economic Offences Wing of the Delhi Police has filed an FIR against BharatPe co-founder Ashneer Grover, his wife Madhuri Jain Grover and family members Deepak Gupta, Suresh Jain and Shwetank Jain for an alleged […]
In a shock announcement, the Go First Airlines, owned by Wadia-group, said it is cancelling all its flights for two days in view of fund shortage. The decision shocked the airline’s passengers who had booked […]
The International Monetary Fund (IMF) raised Asia’s economic forecast on Tuesday as China’s recovery underpinned growth, but warned of risks from persistent inflation and global market volatility driven by Western banking sector woes. The reopening […]
The European Central Bank slowed the pace of its interest rate increases Thursday, stepping back like the U.S. Federal Reserve from a string of jumbo hikes aimed at snuffing out inflation. The ECB’s quarter-point hike […]
India’s services sector activity, as measured by the Purchasing Managers’ Index (PMI), reached a 13-year high of 62 in April, according to data released by the S&P Global on Wednesday, despite rising cost pressures for […]
A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to “pre-occupation”, Adani Total Gas […]
Seton Hall University (shu.edu) hosts the 10th Annual New Jersey Big Data Alliance (NJBDA; njbda.org) Symposium, the state’s “premier conference for big data and advanced computing”. This year’s symposium will be held in person on […]
A restaurant on the outskirts of Nairobi skimps on the size of its chapatis — a flaky, chewy Kenyan flatbread — to save on cooking oil. Cash-strapped Pakistanis reluctantly go vegetarian, dropping beef and chicken […]
US economic growth slowed to 1.1 percent in the first quarter of this year, the Commerce Department said on Thursday, as the possibility of a mild recession increases. The figure came in below economists’ expectations […]
Air India will hire more than 1,000 pilots, including captains and trainers, as the Tata Group-owned airline expands its fleet and network. The airline, which currently has more than 1,800 pilots, has placed orders for […]
Tesla Power USA on Thursday inked a pact with Indian Oil Corporation (IOC) to sell and service batteries at the firm’s petrol pumps. It will enable Tesla Power to sell and service batteries at over […]
Industrialist Gautam Adani’s group is looking to raise $1-1.5 billion for financing new green energy projects in the conglomerate’s biggest borrowing since the group came under attack from a US short seller in January. The […]
US consumer inflation slowed in March, according to US data Wednesday, lessening the pressure on the Federal Reserve to maintain its aggressive posture to cool the economy. The rate of inflation year-over-year fell to 5.0 […]
The International Monetary Fund (IMF) has slashed its economic growth forecast for India by 20 basis points (bps) to 5.9 per cent for 2023-24 (FY24), citing lesser scope for pent-up demand due to historical revisions […]
Global shares were mostly higher as investors watched for key inflation data likely to influence the Federal Reserve’s stance on interest rates. France’s CAC 40 added 0.4 per cent in early trading to 7,420.32. Germany’s […]
Retail inflation in March fell to a 15-month low of 5.66% and came back to the Reserve Bank’s comfort level of 6%, as prices of vegetables and protein-rich items eased, showed government data released on […]
loses top spot to Bernard Arnault Bernard Arnault, chairman of French luxury goods company LVMH, became the world’s richest person, replacing Tesla boss Elon Musk, whose net worth slipped by about $39 billion in the […]
The International Monetary Fund is not expected to downgrade its forecast for 2.7% growth in 2023, the head of the global lender said on Thursday, noting that concerns about an oil price spike had failed […]
The Reserve Bank of India on Thursday, April 6, announced an unchanged repo rate (basic interest rate) on the expectations of lower inflation in the coming months due to past six successive rate hikes since […]
The Reserve Bank of India (RBI) is proposing expanding the reach of the popular Unified Payments Interface (UPI) digital payments system by allowing credit to be offered via pre-approved bank lines. “This initiative will further […]
Tokyo (TIP)- SoftBank Group Corp. surged in Tokyo trading after Alibaba Group Holding Ltd. announced a six-way split of its businesses, fueling optimism for a recovery at one of the Japanese company’s most important holdings. […]
Washington (TIP)- U.S. regulators said they would backstop a deal for regional lender First Citizens BancShares to acquire failed Silicon Valley Bank, triggering an estimated $20 billion hit to a government-run insurance fund. The deal […]
Ratings agency Fitch has said that two Adani Group subsidiaries are exposed to heightened contagion risks as a result of governance weakness at the conglomerate’s sponsor level. Adani Transmission Limited and Adani Ports and Special […]
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