For TCS, the AI data centre in India opens a new frontier. (Reuters)
Posted in Business

TCS gets $1 billion from TPG for its AI data centre business called HyperVault| Business News

Tata Consultancy Services Ltd. has raised $1 billion from TPG for its AI data centre business called HyperVault, as part of its endeavour to become…

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India’s core sector growth remains flat in October, weakest in 14 months

India’s infrastructure output was unchanged in October from a year earlier, its weakest performance in 14 months, as declines in coal, crude oil and electricity…

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Posted in Economy

RBI does not target rupee level; depreciation driven by dollar demand, says Governor Malhotra

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday clarified that the central bank does not aim for any specific level of the rupee,…

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NHAI launches Raajmarg Infra Investment Managers for highway monetization

State-owned NHAI on Thursday said it is in the process of establishing Raajmarg Infra Investment Trust (RIIT) as a Public InvIT to unlock the monetization…

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Posted in Economy

CAG asks Centre, states to follow uniform classification for recording expenses starting FY28

The CAG has asked the Centre and all the states to start using standard categories for recording government spending, to make accounting and auditing uniform…

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Posted in Economy

NIT Rourkela secures patent for India’s first autonomous drone system for real-time land mapping

Researchers from the National Institute of Technology, Rourkela, have secured a patent for “BHU-MANACHITRA“, an autonomous real-time land mapping drone system, officials said. The developed…

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Posted in Economy

India agriculture sector growth: Farm sector can maintain 4% growth over next 10 years: Niti member Ramesh Chand

India’s agriculture sector can easily maintain a 4 percent growth rate over the next 10 years, and the country needs to enhance its warehouse infrastructure,…

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India’s palm oil imports to rebound from five-year low on competitive prices

India’s palm oil imports are expected to rebound by nearly 20% in the new marketing year, driven by competitive pricing that is helping the tropical…

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With AI, new innovation is getting easier, says Daga. (Official photo)
Posted in Business

UXMagic.ai’s Ronak Daga| Business News

In the past decade, few Indian-origin founders have had a front-row seat to such tectonic shifts in product design quite like Ronak Daga. Long before…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. To be sure, the Nifty 50 despite hitting an all-time high today, still lags regional peers. (Livemint)
Posted in Business

Nifty 50 hits all-time high as Q2 results, FII inflows boost sentiment| Business News

India’s equity benchmark rose to an all-time high today on renewed interest of foreign investors in the world’s fourth largest stock market, as well as…

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