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Posted in Economy

Centre, Telangana appoint SBI Caps to evaluate Hyderabad Metro takeover, Phase-II expansion

Hyderabad: The Centre and the Telangana government have agreed to appoint SBI Capital Markets to evaluate the proposed takeover of Hyderabad Metro Rail’s Phase-I assets…

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Skyroot Aerospace: Success of Skyroot and Dhruva spawns spacetech startup wave in Hyderabad
Posted in Startups

Skyroot Aerospace: Success of Skyroot and Dhruva spawns spacetech startup wave in Hyderabad

A decade ago, Hyderabad’s spacetech ambitions largely revolved around pioneers such as Skyroot Aerospace and Dhruva Space. Now, there is a surge of founders —…

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Posted in Business

Google sculpts AI for India, and witnessing Meta’s theatre

Cognitive warmup. Norway intends to ban the use of generative AI tools by elementary school children, with Prime Minister Jonas Gahr Stoere warning (correctly, if…

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MoEngage acquires AI startup Aampe in first acquisition; eyes more deals in US, Europe
Posted in Startups

MoEngage acquires AI startup Aampe in first acquisition; eyes more deals in US, Europe

Software-as-a-service provider MoEngage has acquired San Francisco-based startup Aampe, which builds autonomous artificial intelligence agents for individual users, marking its first acquisition as the company…

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India's Monsoon watch
Posted in Economy

Govt draws up contingency plans for 315 districts amid 42% rain deficit

New Delhi: With India recording a 42% rainfall deficit till June23 in this monsoon season amid an emerging El Nino, the government has intensified contingency…

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Posted in Economy

India-US trade talks gather pace as tariff clock ticks

New Delhi: India and the US on Tuesday held high-level trade negotiations, led by commerce and industry minister Piyush Goyal and US Trade Representative Jamieson…

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Pvt Sector Growth Hits 3-month Low in June
Posted in Economy

India’s private sector growth slows to three-month low in June as demand weakens, costs rise: HSBC PMI

New Delhi: Private sector growth in the country slowed to a three-month low in June, as increasing costs and declining demand weigh on business momentum,…

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Posted in Economy

NITI Aayog proposes pharma chapter for future FTAs, urges India to move up value chain

New Delhi: Niti Aayog has proposed a model chapter on the pharmaceutical sector to serve as a blueprint for future free trade agreements to improve…

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More than Free Trade, Need to Boost Tech Infusion from China: CII Chief
Posted in Economy

CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reforms

New Delhi: The Indian economy is likely to expand about 7% this fiscal year as most companies are seeing growth opportunities despite cost pressures due…

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Posted in Economy

India to resume train coach exports to Bangladesh, first shipment since Sheikh Hasina’s ouster likely in July

New Delhi: A rake of up to 20 train coaches is likely to be ready for export to Bangladesh next month, marking the first such…

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