The US Federal Reserve has slashed interest rates by 25 basis points amid cooling inflation and a weakening labour market, marking the second rate cut in this easing cycle. “Since earlier in the year, labour market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward […]
New Delhi, Nov 6 Top tech industry leaders on Wednesday congratulated President-elect Donald Trump on his resounding victory in the US election. Alphabet and Google CEO Sundar Pichai said on X social media platform that “we are in a golden age of American innovation and are committed to working with his administration to help bring […]
New Delhi, Sep 26 Prime Minister Narendra Modi on Thursday met the leadership team of Tata Sons and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC), which are building a Rs 91,000 crore mega semiconductor fabrication facility in Gujarat’s Dholera. In a post on X, PM Modi said he had “a great meeting with the leadership team […]
Bengaluru, Sep 26 India is on the cusp of revolutionising telecommunications with 6G technology, Union Communications Minister Jyotiraditya M. Scindia said on Thursday. In his remarks at a high-level interaction in Bengaluru, where the Bharat 6G Alliance (B6GA) presented a series of in-depth action plans for 6G technology development. Scindia emphasised the government’s unwavering commitment […]
New Delhi, Sep 15 As the world’s largest democracy and a rapidly developing nation, India’s renewable energy journey will serve as a model for other emerging economies navigating the path to sustainability, Pralhad Joshi, Union Minister of New and Renewable Energy, has said. The country aims to achieve net-zero carbon emissions by 2070, focusing on […]
New Delhi, Sep 11 Union Minister of State for Commerce and Industry, Jitin Prasada, on Wednesday credited Prime Minister Narendra Modi for hosting the three-day ‘Semicon India 2024’ at Greater Noida, saying India will soon become the world’s third largest economy due to its semiconductor technology. “It is due to the resolve and vision of […]
New Delhi, Sep 10 Union Railways and Electronics and IT Minister, Ashwini Vaishnaw, on Tuesday said that Apple’s latest iPhone 16 is being produced and launched globally from the Indian manufacturing plants. The ‘Make in India’ new iPhones will be available in the country on September 20, and will be exported to other nations as […]
New Delhi, Aug 12 Slamming the latest Hindenburg allegations as not merely frivolous but cheap antics, market experts on Monday said the US short-seller has nothing substantial to talk about even 18 months later. Sushil Kedia, Founder and CEO, Kedianomics, said that the short-selling firm Hindenburg was exposed 18 months ago when they made big […]
New Delhi, Aug 10 Riding on the momentum amid resilient economic growth, the Indian startup ecosystem saw funding worth $113 million this week in nearly 22 deals. Dairy and grocery startup Country Delight secured $8.45 million in debt funding from Alteria Capital. In May this year, Country Delight had secured $9 million through a combination […]
Mumbai, Aug 11 The Association of Mutual Funds in India (AMFI) on Sunday slammed the latest Hindenburg report against SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch, saying the US short-seller is trying to create a trust deficit in market ecosystem. In a statement, the AMFI said that external comments on the markets […]