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Economy

RP Sanjiv Goenka pledges Rs 10,000cr for Bengal

Kolkata, Feb 5 (PTI) Sanjiv Goenka, Chairman of the RP-Sanjiv Goenka Group, on Wednesday announced an investment of Rs 10,000 crore in West...

Reliance to invest Rs 50,000cr in Bengal by end of decade: Mukesh Ambani

Kolkata, Feb 5 (PTI) Reliance Industries Chairman Mukesh Ambani on Wednesday announced a fresh investment commitment of Rs 50,000 crore in West Bengal...

FinMin directs officers not to use ChatGPT, DeepSeek, other AI models flagging data risk concerns

New Delhi, Feb 5 (PTI) The finance ministry has directed its officers not to download or use AI tools and apps such as ChatGPT...

Oil dips amid rising US crude inventories, Sino-US tariff war

By Arunima Kumar (Reuters) -Oil prices dipped on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears of weaker economic growth, offseting U.S. President

Stocks knocked by Alphabet earnings; gold hits record

By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) - Global stocks fell on Wednesday, after disappointing earnings from Alphabet knocked Wall Street futures, while the dollar took a dive against

Rupee drops to record low on RBI rate cut bets, stop losses

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a prevailing bearish bias on the currency and

Vijay Mallya moves Karnataka High Court, seeks loan recovery accounts from banks

Bengaluru (Karnataka) , January 5 (ANI): Fugitive businessman Vijay Mallya has filed a petition in the Karnataka High Court seeking loan recovery accounts from...

Start-up funding in Karnataka drops 24% in 2024, while India sees signs of recovery with 5.4% uptick

According to Tracxn’s Karnataka Tech Annual Report 2024, the start-up hub raised $3.7 billion. It is also a staggering 68% fall in funding compared to $11.7 billion raised in 2022.

Cargo handling at Indian ports on the rise; up 3.5% CAGR since 2014-15

New Delhi , February 5 (ANI): The cargo volumes handled by Indian ports year-over-year have been rising, with a growing economy and in line...

Yuan slips on trade-war anxiety, yen jumps after wage data

By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The yuan fell on Wednesday as a new U.S.-China trade war dented Chinese markets returning from an extended Lunar New Year break, while the

On Camera

New labour codes make India’s workforce competitive with China—and build Viksit Bharat

By consolidating 29 laws into four codes, compliance is streamlined and regulations are simplified, improving “ease of doing business”. This is bound to improve investor confidence.

Vehicles, TVs, mobile phones—PM EAC report shows rural India is catching up with urban consumers

Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.

General secrets from frozen peaks: A Kargil veteran reveals what politically correct writers left out

At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war. 

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.