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Kharif sowing recovers after July rains
Posted in Economy

Kharif sowing recovers after July rains

New Delhi: India’s kharif planting has staged a strong recovery after improved rainfall in July helped farmers make up much of the ground lost during…

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RDIF AIF selection expected to be completed in two weeks
Posted in Economy

RDIF AIF selection expected to be completed in two weeks

Bengaluru: The government is in the process of selecting the alternate investment firms (AIF) for the research, innovation and development fund (RDIF), and is expected…

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Posted in Economy

India may see family wealth worth $1.5 trillion change hands in 10 years

Mumbai: India is entering a major phase of intergenerational wealth transfer, with an estimated $1.3 trillion-$1.5 trillion expected to change hands over the next decade,…

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CCI relaxes commitment norms, extends filing window to 60 days
Posted in Economy

CCI relaxes commitment norms, extends filing window to 60 days

NEW DELHI: The Competition Commission of India (CCI) on Wednesday relaxed its commitment regulations, allowing longer time-frames for filing and reviewing such applications, and wrapping…

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India startup aims to compete with OpenAI in crowded voice arena
Posted in Startups

India startup aims to compete with OpenAI in crowded voice arena

A Bangalore-based startup has entered the crowded race to build artificial voices that sound human, with an AI model that garners high scores versus systems…

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US Treasury doubles debt buybacks to support the bond market as Treasury yields surge, while investors watch inflation, deficits and Fed policy. (Photographer: Daniel Heuer/Bloomberg) (Bloomberg)
Posted in Business

US Treasury doubles debt buybacks to support bond market as yields surge: What it means

The US Treasury Department said on Wednesday that it will more than double the size of its government debt buybacks. The move comes as the…

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FILE PHOTO: There has been no reaction from the promoters or the company to the development. Gensol didn’t respond to an email sent after office hours seeking comments. (REUTERS)
Posted in Business

CBI files FIR against Gensol, BluSmart co-founders for diverting IREDA loan funds

The Central Bureau of Investigation (CBI) has registered a case against Gensol Engineering Ltd (GEL) and its promoters – Anmol Singh Jaggi and Puneet Singh…

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Posted in Economy

MPC flags possibility of policy tightening

Kolkata: India’s monetary policy makers flagged possibility of policy rate tightening in the third quarter if the higher food and fuel prices lead to second…

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MRVL stock jumps as Marvell partners with Google on custom AI chips and gets a potential $12.2 billion investment option tied to future chip purchases. (REUTERS/Carlos Jasso/File Photo) (REUTERS)
Posted in Business

Why is Marvell stock surging? Google’s $12.2 billion AI chip deal explained

Marvell Technology is getting a major boost from Google’s growing AI chip business. The chipmaker will help Google develop its custom AI chips, while Google…

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Posted in Economy

Commerce minister Piyush Goyal leads 70-member business delegation to Singapore

New Delhi: Commerce and industry minister Piyush Goyal is leading a 70-member business delegation to Singapore to strengthen trade and investment ties between the two…

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