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Category: Business

Business

Sensex, Nifty climb in early trade

Posted on August 19, 2024 By admin
Sensex, Nifty climb in early trade

Among the 30 Sensex firms, NTPC, Titan, Tata Steel, ITC, Reliance Industries, State Bank of India, Bajaj Finance and JSW Steel were the biggest gainers. File Benchmark equity indices Sensex and Nifty climbed in early trade on Monday (August 19, 2024) amid buying in blue-chip stocks Reliance Industries and ITC along with encouraging participation from…

Read More “Sensex, Nifty climb in early trade” »

Business

Nearly 12% of spice samples fail quality, safety standards

Posted on August 18, 2024 By admin
Nearly 12% of spice samples fail quality, safety standards

474 of 4,054 spice samples tested between May and early July did not meet quality and safety parameters. File | Photo Credit: Reuters Nearly 12% of Indian spice samples tested failed to meet quality and safety standards, data of tests showed. Several countries had earlier taken steps over contamination risks in two popular Indian brands,…

Read More “Nearly 12% of spice samples fail quality, safety standards” »

Business

With more graduates in workforce, Tamil Nadu struggles with a skills gap

Posted on August 18, 2024 By admin
With more graduates in workforce, Tamil Nadu struggles with a skills gap

Tamil Nadu fares better than most States on employment metrics, but more must be done to tackle underemployment and gaps between skills and education, as the State produces the highest number of graduates in India. While there is no accurate data to measure India’s employment scenario, the periodic labour force survey (PLFS) conducted by the…

Read More “With more graduates in workforce, Tamil Nadu struggles with a skills gap” »

Business

Why is SEBI’s credibility under a cloud? | Explained

Posted on August 17, 2024 By admin
Why is SEBI’s credibility under a cloud? | Explained

The headquarters of the Securities and Exchange Board of India in Mumbai on April 19, 2023. | Photo Credit: Reuters The story so far: Over a year and a half after U.S.-based Hindenburg Research alleged corporate malfeasance, stock price manipulation and breach of minimum public shareholding norms against the Adani Group of companies, the firm…

Read More “Why is SEBI’s credibility under a cloud? | Explained” »

Business

Majority blue-collar jobs pay less than Rs 20,000 per month: Report

Posted on August 17, 2024 By admin
Majority blue-collar jobs pay less than Rs 20,000 per month: Report

Report said 29.34% of blue-collar jobs are in the moderate earning bracket, with salaries ranging from ₹20,000-40,000 per month. File | Photo Credit: Reuters The majority of blue-collar jobs in India pay within the salary range of ₹20,000 or less per month, suggesting that a substantial portion of the workforce is grappling with financial strain,…

Read More “Majority blue-collar jobs pay less than Rs 20,000 per month: Report” »

Business

India needs to create 148 mn additional jobs by 2030 given population growth, says IMF DMD Gopinath

Posted on August 17, 2024 By admin
India needs to create 148 mn additional jobs by 2030 given population growth, says IMF DMD Gopinath

Union Finance Minister Nirmala Sitharaman with Deputy Managing Director of the International Monetary Fund Gita Gopinath, during a meeting, in New Delhi, on August 17, 2024. | Photo Credit: PTI India has been a laggard among G20 nations in terms of employment generation and the country needs to create an additional 148 million jobs by…

Read More “India needs to create 148 mn additional jobs by 2030 given population growth, says IMF DMD Gopinath” »

Business

Open to exploring more ways to increase India’s collaboration with IMF: FM Nirmala Sitharaman

Posted on August 17, 2024 By admin
Open to exploring more ways to increase India’s collaboration with IMF: FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman with Deputy Managing Director of the International Monetary Fund Gita Gopinath, during a meeting, in New Delhi. | Photo Credit: PTI India is open to exploring more ways to increase its collaboration with the International Monetary Fund (IMF), Finance Minister Nirmala Sitharaman said during a meeting with IMF’s First Deputy…

Read More “Open to exploring more ways to increase India’s collaboration with IMF: FM Nirmala Sitharaman” »

Business

Government invites bids to empanel AI infra providers under ₹10,372 crore India AI mission

Posted on August 17, 2024 By admin
Government invites bids to empanel AI infra providers under ₹10,372 crore India AI mission

Representational image only. | Photo Credit: Reuters The government has invited bids for the empanelment of entities for providing Artificial Intelligence (AI) services on cloud under the ₹10,372-crore India AI mission, which was approved by the Cabinet in March this year. The empanelled agencies, such as data centres and cloud service providers, will have to…

Read More “Government invites bids to empanel AI infra providers under ₹10,372 crore India AI mission” »

Business

Starlink satellite internet equipment listings show up on Indian B2B platform before authorisation

Posted on August 17, 2024 By admin
Starlink satellite internet equipment listings show up on Indian B2B platform before authorisation

Starlink is not yet authorised to provide its services in India. File | Photo Credit: Reuters Customer terminals for the satellite internet service Starlink, served by Elon Musk-owned SpaceX, are being listed for sale on a prominent Indian business-to-business retail platform, in a potential security risk. Starlink, which allows its customers to browse the internet by…

Read More “Starlink satellite internet equipment listings show up on Indian B2B platform before authorisation” »

Business

No permission, but Starlink devices enter B2B sales platform IndiaMART

Posted on August 17, 2024 By admin
No permission, but Starlink devices enter B2B sales platform IndiaMART

The Starlink listings, by multiple sellers, were found on the platform IndiaMART, which is a popular platform for large sellers selling to businesses. Photo: dir.indiamart.com Customer terminals for the satellite internet service Starlink, served by Elon Musk-owned SpaceX, are being listed for sale on a prominent Indian business-to-business retail platform, in a potential security risk. Starlink,…

Read More “No permission, but Starlink devices enter B2B sales platform IndiaMART” »

Business

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