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Rohit Jain appointed RBI deputy governor for three-year term
Posted in Economy

Rohit Jain appointed RBI deputy governor for three-year term

The Indian government has appointed Rohit Jain as deputy governor of the Reserve Bank of India for a period of three years, Reuters reported, citing…

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Posted in Economy

RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwinds

New Delhi: India’s financial markets have demonstrated remarkable resilience amid global uncertainty, but the next phase of growth will depend on deepening liquidity, broadening participation,…

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Tightened DSM norms may hit green power revenues, warn industry (Rrepresentative image/Unsplash)
Posted in Business

New grid penalty rules could dent renewable earnings, trigger tariff concerns

A regulatory effort to keep the national power grid stable and make green power more reliable may wreck the revenues of producers and potentially lead…

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Posted in Startups

Home interior startups lean on AI to shave costs, chase profits

India’s developing home-interior segment is turning to artificial intelligence (AI) to stabilise itself as it grapples with high customer acquisition costs, stiff competition from the…

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India's consumption stands its ground amid Gulf War tremors
Posted in Economy

India’s consumption stands its ground amid Gulf War tremors

New Delhi: India’s consumption economy made a roaring start in the new fiscal year with goods and services tax (GST) collections hitting a record in…

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Nebius to buy Eigen AI for $643 million to boost inference and US expansion
Posted in Startups

Nebius to buy Eigen AI for $643 million to boost inference and US expansion

Amsterdam-based AI infrastructure firm Nebius said on Friday it had agreed to acquire inference and optimization startup Eigen AI in a deal valued at about…

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Posted in Economy

India in talks with Nepal for ethanol exports, exploring shipments to SAARC nations

New Delhi: India is in talks with Nepal for ethanol exports and is also exploring opportunities to supply ethanol to SAARC nations, CK Jain, President…

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Elon Musk
Posted in Business

Elon Musk’s Tesla Compensation Last Year Surpassed $158 Billion

The world’s richest man just got a little richer.Elon Musk’s first installment of his moonshot compensation package at Tesla came in at $158.4 billion for…

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Posted in Economy

India discusses boosting trade with UK, local currency trade settlement with Tanzania

New Delhi: India and the UK Friday discussed ways to boost two-way commerce and investments and leverage opportunities under the comprehensive economic and trade agreement…

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Posted in Economy

India’s forex reserves fall $4.82 billion to $698.49 billion as of April 24

India’s foreign exchange reserves fell by $4.82 billion to $698.49 billion in the week ended April 24, data released by the Reserve Bank of India…

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