Latest News, Updates & Breaking Headlines
Authum Investment & Infrastructure Mumbai: A consortium of Inox Neo Energies and Authum Investment & Infrastructure is set to buy the assets of bankrupt Wind World for an estimated Rs 1,800-1,900 crore, after the committee of creditors approved its resolution plan . Under the plan, Inox Neo will acquire Wind World’s 600 MW wind power…
Gold has moved below the mid-Bollinger band, confirming downside pressure. (AI image) Gold price prediction today: Gold prices are facing resistance at higher levels, and the short-term structure is showing weakness, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near ₹1,54,700 after failing to sustain the…
Mumbai: ANMI, one of the biggest trade bodies of stock brokers in India, has warned that RBI’s move to put in stricter rules for banks to fund some of the broking activities could lead to lower tax revenues for the govt and dry up liquidity on the bourses.The brokers’ body has written to markets regulator…
Nandan Nilekani stresses AI diffusion, says India can lead on use cases New Delhi: Infosys chairman Nandan Nilekani warned that resentment among white-collar workers could hinder progress in AI unless the transition is managed carefully. He also stressed the need to build use cases that benefit larger sections of the population, while supporting career transitions…
New Delhi: India is set to begin domestic production of rare earth permanent magnets by the end of this year, minister of mines G Kishan Reddy said on Thursday, calling it a “very big achievement” for the country’s push towards self-reliance in critical minerals. Speaking at a Ficci event, Reddy said the govt, along with…
Mumbai: Education lending in India is proving unexpectedly resilient. Growth remains brisk and asset quality has improved even as visa curbs for Indian students in some countries and labour-market uncertainty from artificial intelligence cloud employment prospects abroad. Data from Reserve Bank of India show education loans rising 14.8% year-on-year, with banks’ outstanding exposure reaching Rs…
New Delhi: Ramping up its India focus, US semiconductor and wireless technology company Qualcomm is all set to announce a partnership to manufacture and source automotive modules from the country. “We are expanding our relationship with India also for the beginning of advanced packaging and assembly and testing of semiconductors. And, we also want to…
India likely to join US-led Pax Silica alliance (IANS) NEW DELHI: India is likely to formally join the US-led Pax Silica strategic alliance on Friday, amid efforts by New Delhi and Washington to finalise a proposed trade deal and advance other initiatives to strengthen ties.Pax Silica is an initiative aimed at building a secure, resilient…
A man walks past a signage board of AI Impact Summit, in New Delhi New Delhi: At the India AI Summit, a trio of domestic model launches signalled that India is no longer merely trying to keep pace in the global AI arms race, but to redefine what winning looks like. Rather than chasing ever-larger…
Mistral CEO Arthur Mensch New Delhi: Warning about concentration risk from a few companies dominating AI, Arthur Mensch, co-founder and CEO of Mistral, said India should support open-source models and collaborate with global startup labs and researchers to maintain strategic autonomy and ensure the country benefits from AI-driven productivity and economic growth. Speaking at the…
