Business

Mumbai: Prime Minister Narendra Modi Wednesday exhorted global investors to take bets on the Indian shipping sector, pointing out that this is the "right time" for such a move. The Prime Minister also met a select chief executives of global majors, including DP World and...

New York: Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's...

New Delhi: HPCL-Mittal Energy Ltd (HMEL) has suspended purchases of Russian crude oil, the company said Tuesday, clarifying that the vessels, which delivered previous consignments, were not under international sanctions. The private refiner, a joint venture between state-run Hindustan Petroleum Corporation Ltd (HPCL) and steel...

New Delhi: India and Russia have firmed up a joint collaboration to produce a twin-engine narrow-body passenger aircraft for short-haul flights in line with growing strategic ties between the two countries. State-run aerospace major Hindustan Aeronautics Ltd (HAL) reached an agreement with Russia's Public Joint...

Seattle: Amazon will cut approximately 14,000 corporate jobs as the online retail giant increases its spending on artificial intelligence. “The reductions we're sharing today are a continuation of this work to get even stronger by further reducing bureaucracy, removing layers, and shifting resources to ensure...

Washington: The United States and China are not going to resolve all the issues that divide them before President Donald Trump and President Xi Jinping meet Thursday in Busan, South Korea. But they are likely to make enough progress on China's stranglehold on strategic minerals,...

New Delhi: OpenAI Tuesday said it will offer 'ChatGPT Go' , which supports higher query limits and more image generation, free for one year to users in India who sign up during a limited-time promotional period beginning November 4. ChatGPT Go is OpenAI's recently launched...

New Delhi: The Supreme Court provided major relief to Vodafone Idea Monday by permitting the Centre to reconsider and reconcile the telecom operator's pending adjusted gross revenue dues of ₹5,606 crore for 2016-17, noting the matter falls within the government's policy domain. Adjusted gross revenue...

New Delhi: Gold prices declined by Rs 700 to Rs 1,25,900 per 10 grams in the national capital Monday, tracking weak global trends as easing US-China trade tensions dented safe-haven demand. According to the All India Sarafa Association, the yellow metal had climbed Rs 1,000...

New Delhi: The growth outlook for FY26 remains strong, supported by domestic demand, lower inflation, monetary easing, and the positive effects of GST reforms despite global economic and trade policy uncertainties, a finance ministry report said Monday. "Against a global backdrop characterised by economic and...