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ECONOMY
Indian Oil ropes in Panasonic for manufacturing cylindrical lithium-ion cells in India
New Delhi: Indian Oil Corporation Limited and Japan's Panasonic Energy Co. Ltd., a Panasonic Group company, have signed a binding term sheet to form a JV for manufacturing cylindrical lithium-ion cells in India for two-and three-wheel…
Top S. Korean game developer joins Google Cloud on AI, cloud computing
Seoul: NCSOFT Corporation, a major South Korean online and mobile game developer, said on Wednesday that it has joined hands with Google Cloud in improving artificial intelligence (AI) and cloud computing capabilities.
In a meeting at…
ECoR becomes the 1st railway zone to load 250 million tonnes of freight in single fiscal year
Bhubaneswar: Surpassing all records of Indian Railways, the East Coast Railway (ECoR) has loaded 250 million tonnes of freight in 2023-24 financial year.
The ECoR loaded 250 million tonnes of freight from April 1, 2023 to March 25, 2024,…
India pips countries like Germany, Britain in GDP (PPP) gains: Report
New Delhi: As countries like Germany, Japan and the UK continue to drop down in GDP (PPP) rankings over the years, India has achieved significant gains in GDP and the country’s share has been significantly increasing, a latest report has…
Startup Mahakumbh: Rise of entrepreneurs from tier 2, 3 cities big boost to ecosystem
New Delhi: India's startup ecosystem is on a journey of unprecedented innovation and growth and the rise of entrepreneurs from tier-2 and 3 cities are shining examples of how inclusive growth can lead to sustainable development, industry…
Gold prices soar to historic high of Rs 66,778 per 10 gms
Mumbai: Gold prices jumped to a historic high of Rs 66,778 per 10 grams on the MCX in morning trade on Thursday following the US Federal Reserve maintaining its outlook for a soft money policy with at least three rate cuts this year.…
JSW MG Motor India to launch two new products in 2024
Chennai: JSW MG Motor India Pvt Ltd - the automotive joint venture between SAIC Motor and JSW Group - on Wednesday announced that it will launch two new products this calendar year.
In a joint statement, the two promoters of JSW MG Motor…
Satya Nadella welcomes Mustafa Suleyman as CEO of Microsoft AI
New Delhi: Microsoft Chairman and CEO Satya Nadella on Tuesday welcomed Mustafa Suleyman as CEO of the company’s artificial intelligence (AI) venture.
As CEO of Microsoft AI, Suleyman will lead consumer AI products and research,…
India’s forex reserves scale two-year high of $636.1 billion
Mumbai: India's foreign exchange reserves surged by a whopping $10.47 billion to scale a two-year high of $636.1 billion for the week ended March 8, the latest data released by the RBI on Friday showed.
This is the biggest jump in the…
US court orders Byju’s to freeze $533 million owed to lenders
New York: The steering committee representing term-loan lenders of Byju's $1.2 billion loan on Friday said that a US judge has ordered to prohibit further movement or use of $533 million by the edtech company, which is owed to lenders.…