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Posted in Economy

RBI should deliver additional 50 bps cuts over next 12 months & depart from neutral guidance: Report

The Reserve Bank of India (RBI) should move away from its recent neutral policy stance and deliver an additional 50 basis points of rate cuts…

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“There’s been a lot of talk about an AI bubble,” Nvidia CEO Jensen Huang says. “From our vantage point, we see something very different.” (AFP)
Posted in Business

Nvidia’s upbeat revenue forecast, Jensen Huang soothe fears of an AI bubble| Business News

Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the…

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Exclusive: In a major shift, Zomato set to share customer data with restaurants, Swiggy may follow
Posted in Startups

Exclusive: In a major shift, Zomato set to share customer data with restaurants, Swiggy may follow

Food delivery platform Zomato is in final discussions with the National Restaurants Association of India (NRAI) to share its customer data with restaurants, which could…

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Zomato set to share customer data with eateries, Swiggy may follow
Posted in Startups

Zomato set to share customer data with eateries, Swiggy may follow

Food delivery platform Zomato is in final discussions with the National Restaurants Association of India (NRAI) to share its customer data with restaurants, which could…

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Posted in Economy

Afghan commerce minister seeks support for exports, imports

New Delhi: Afghanistan’s industry and commerce minister Alhaj Nooruddin Azizi is on a five-day visit to India to seek expansion in trade ties, including export…

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Posted in Economy

CAG integrates Sebi’s ESG criteria into govt audits

NEW DELHI: The Comptroller and Auditor General (CAG) is assessing the compliance of about 30 listed state-run companies and 19 unlisted ones with capital markets…

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Karnataka govt unveils 50 startup innovations at Bengaluru Tech Summit
Posted in Startups

Karnataka govt unveils 50 startup innovations at Bengaluru Tech Summit

The Karnataka government on Wednesday unveiled 50 innovative products and solutions developed by startups on the second day of the 28th edition of the Bengaluru…

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Tomato prices soar 50% in 15 days due to excess October rains
Posted in Economy

Tomato prices soar 50% in 15 days due to excess October rains

Tomato prices have increased by nearly 50% during the last 10-15 days as supplies have reduced due to the impact of excess rainfall in October….

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Adobe is paying $12 per share of Semrush, which is a 77.5% premium over the last closing price, in a $1.9-billion all-cash deal. (Reuters)
Posted in Business

Adobe to acquire Semrush in $1.9-billion deal to build marketing tools for an AI world| Business News

Adobe Inc. has decided to acquire Semrush Holdings Inc. in a $1.9-billion all-cash deal, as the Photoshop maker looks to strengthen its marketing tools for…

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For the initial buildout of 100 MW, Cisco will provide networking equipment and other infrastructure and AMD will provide its MI450 AI chips. (Reuters)
Posted in Business

AMD, Cisco, Saudi Arabia’s Humain launch AI JV, land first major customer| Business News

Advanced Micro Devices Inc., Cisco Systems Inc. and Saudi Arabia’s AI startup Humain are forming a joint venture to build data centres in the Middle…

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