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PhonePe, Google Pay duopoly weakens as market share slips below 80%
Posted in Startups

PhonePe, Google Pay duopoly weakens as market share slips below 80%

Fintech giants PhonePe and Google Pay’s combined UPI market share slipped to 79% in May, according to data from the National Payments Corporation of India…

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Posted in Economy

UK-India free trade deal to kick in on July 15, cutting tariffs by over $480 mn in year one

The United Kingdom and India on Wednesday announced that their landmark Free Trade Agreement (FTA) will enter into force on July 15, less than a…

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Posted in Economy

Maharashtra advises farmers to do fodder planning to avoid a potential shortage due to El Nino

The Maharashtra government has advised its farmers to pay special attention to fodder planning as the El Nino can possibly create a fodder shortage. “The…

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Sarvam AI's Pratyush Kumar joins AI executive huddle with G7 leaders
Posted in Startups

Sarvam AI’s Pratyush Kumar joins AI executive huddle with G7 leaders

Bengaluru-based Sarvam AI co-founder Pratyush Kumar was among top artificial intelligence executives such as Sam Altman and Dario Amodei who joined the lunch meeting with…

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Posted in Economy

India-EU free trade deal to be inked by year-end: Ursula von der Leyen

Evian-Les-Bains (France): India and the European Union will sign the ambitious free trade agreement by the end of this year, top EU leader Ursula von…

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US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials
Posted in Startups

US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials

The US government awarded $500 million on Wednesday to startup SandboxAQ to develop new chemicals and materials for domestic semiconductor manufacturing, including alternatives to PFAS…

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China to support IPOs by 'future industry' startups, large model companies
Posted in Startups

China to support IPOs by ‘future industry’ startups, large model companies

China took fresh steps on Wednesday to fund tech innovation amid an intensifying rivalry with the U.S., saying it would support listings of startups in…

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Posted in Economy

‘We did it’: Modi, Starmer caught on mic hinting at breakthrough in UK-India trade deal

Prime Minister Narendra Modi and UK Prime Minister Keir Starmer were caught on a microphone at the G7 summit in France appearing to signal a…

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Jaguar Land Rover Defender 90 is pictured at a steep track during a demo at the Frankfurt Motor Show. (REUTERS File)
Posted in Business

Why did Tata Motors shares fall nearly 8% today? JLR outlook spooks investors

Shares of Tata Motors Passenger Vehicles Ltd (TMPV) fell around eight per cent on Wednesday, making it one of the worst-performing stocks on the benchmark…

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Posted in Economy

Why a strong El Niño leaves tropical commodities acutely exposed

LONDON/NEW YORK: Global forecasters say a strong El Nino weather pattern is increasingly likely to develop in the second half of the year, boosting temperatures,…

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