Mumbai: The shares of the Life Insurance Corporation of India (LIC) went up around 3 per cent in the opening trade on Friday after posting a healthy quarter earnings. The share opened at Rs 1,159 apiece as the country’s largest insurer reported 9 per cent rise in net...
Los Angeles: Media conglomerate Paramount Global announced that it will cut 15 per cent of its US-based workforce, or about 2,000 jobs, as part of a broader cost-cutting plan. The cuts will focus on two areas, including redundant functions in marketing and...
Mumbai: India’s equity indices closed lower on Thursday following a hawkish stance by the Reserve Bank of India (RBI) governor on monetary policy. At closing, Sensex fell 581 points, or 0.73 percent, to 78,886 and Nifty slipped 180 points, or 0.74 percent, to 24,117....
New Delhi: As stocks of fast-moving consumer goods (FMCG) companies keep growing, the sector growth has slowed down due to less packaged food consumption among the Indians and slowdown in daily online grocery demand on various digital platforms, according to a report....
New Delhi: The Centre on Thursday will introduce two bills in Parliament to amend the law governing Waqf Boards. The revised list of business of the Lok Sabha mentions Minority Affairs Minister Kiren Rijiju will move the bills. The List reads: “Kiren Rijiju to move...
Mumbai: The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction, RBI Governor Shaktikanta Das announced on Thursday. “UPI has become the most preferred mode of payment, due to its seamless...
Mumbai: The RBI on Thursday kept the key policy repo rate unchanged at 6.5 per cent for a ninth consecutive meeting as it continued to maintain a balance between accelerating economic growth and keeping inflation under control. RBI Governor Shaktikanta Das said the...
New Delhi: Tech giant Meta on Thursday launched its Llama Impact Grants programme in India, to extend access to the opportunities of artificial intelligence (AI) to more organisations around the world. The Llama 3.1 AI model comes with 405B parameters and is the...
Mumbai: Equity benchmark indices Sensex and Nifty continued to trade lower on Thursday after the Reserve Bank of India decided to keep the policy rate unchanged for the ninth time in a row, saying food inflation remains stubborn. Continuous foreign fund outflows and...
New Delhi: A total quantity of 2.60 lakh tons of onion have been exported during the first four months of the current financial year (2024-25) till July 31, the Parliament was told on Wednesday. The government has lifted the onion export prohibition from May 4 and has...