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Posted in Startups

Some German firms see AI reducing need for degrees, Ifo says

Synopsis The ​survey also showed ⁠that about ‌15% of ​the ​companies surveyed deemed ⁠it easy to replace experienced ​employees with AI-enabled staff ​with less experienceThe…

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Can Mr Schumacher revitalise Barry Callebaut? (Reuters)
Posted in Business

Another new boss aims to fix the world’s biggest chocolate-maker

ITS products tempt you from supermarket shelves everywhere, but you may not know its name. Formed 30 years ago when Klaus Jacobs, a German-born billionaire,…

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Dhan launches US stocks, ETFs investing via GIFT City route
Posted in Startups

Dhan launches US stocks, ETFs investing via GIFT City route

Trading and investing platform Dhan on Friday launched investment access to US-listed stocks and exchange-traded funds (ETFs) for Indian investors through the GIFT City framework….

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MCX gold climbed above  ₹1.50 lakh per 10 grams on Friday. (REUTERS)
Posted in Business

Gold price today: Check Delhi, Mumbai, Bengaluru, Chennai gold rates

Gold prices traded higher in early deals on Friday. The gains came after US President Donald Trump claimed that the conflict involving Iran was “settled,…

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Posted in Economy

Is India’s economic growth real? Raghuram Rajan says something is off

Former Reserve Bank of India Governor Raghuram Rajan has questioned whether India’s strong economic growth figures fully reflect conditions on the ground, arguing that weak…

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At $135, SpaceX’s $1.77 trillion valuation — about $1.8 trillion on a fully diluted basis — ranks it among the 10 most valuable public companies in the world. (REUTERS)
Posted in Business

2.5 times more than Saudi’s Aramco: How big is SpaceX’s $75 billion IPO?

SpaceX priced the largest initial public offering in history on Thursday, selling 555.6 million shares at $135 each to raise $75 billion and valuing Elon…

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In a strategic move to attract Foreign Institutional Investors (FIIs), the Indian Government has announced tax exemptions on investments in Government securities (G-secs).
Posted in Business

Government announces tax exemption for FII investments in G-secs: All you need to know

In the last few months, the Indian Rupee has been hitting new lows regularly. Yields on the Government securities (G-secs) have been climbing. Foreign Institutional…

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Union petroleum minister Hardeep Singh Puri fills E85 fuel in a car in New Delhi. (ANI)
Posted in Business

Excise relief for higher ethanol petrol blends

The government has exempted excise duty on up to 30% ethanol component in blended petrol, which, according to experts, will proportionately reduce India’s energy imports…

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B Capital leads SolarSquare’s $50-55 million round at $500 million valuation
Posted in Startups

B Capital leads SolarSquare’s $50-55 million round at $500 million valuation

Mumbai-based rooftop solar startup SolarSquare Energy has raised $50-55 million in a new funding round led by B Capital. The round valued the company at…

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Posted in Economy

BRICS agriculture ministers begin deliberations in Indore on food security, small farmers’ welfare

Indore: A two-day meeting of agriculture ministers from BRICS nations began in Indore on Friday under India’s presidency, with food security, welfare of smallholder farmers…

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