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Image used for representative purpose only. | Photo Credit: Reuters The National Company Law Appellate Tribunal (NCLAT) on Thursday (January 23, 2025) stayed the five-year ban imposed by competition watchdog CCI on data-sharing practices between WhatsApp and Meta for advertising purposes, offering a breather to the tech giant. Meta welcomed the “NCLAT’s decision to grant…
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GUWAHATI India, the world’s largest tea producer after China, has become the largest importer of the beverage from Kenya. According to the Tea Board of Kenya, exports to India shot up from 3.53 million kg from January to October 2023 to 13.71 million kg during the same period in 2024. The 288% jump makes India the…
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Jairam Ramesh | Photo Credit: SUSHIL KUMAR VERMA Unemployment and inflation resulting from the “wrong policies” of the Narendra Modi government had made life extremely difficult for lower and middle-class families, and the country now needed a budget that provided relief from rising prices, the Congress said on Thursday (January 23, 2025). Finance Minister Nirmala…
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One of the key elements of the DGCA proposal made public in January 2024 but hanging fire is the curtailment of night flying, which has been opposed by both IndiGo and Air India. | Photo Credit: The Hindu The DGCA informed Delhi High Court on Thursday (January 23, 2025) that the revised pilots rest and…
Samsung President & CEO of Southwest Asia J.B. Park. | Photo Credit: Special Arrangement Samsung Galaxy S25 Series will be manufactured in its Noida factory, said J.B. Park, President and CEO, Samsung Southwest Asia. Samsung unveiled the era of mobile AI with the launch of Galaxy AI a year ago and the company was now…
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A view of the BSE building in Mumbai | Photo Credit: Paul Noronha Equity benchmark indices Sensex and Nifty extended gains for the second session on Thursday (January 23, 2025) due to intense buying in IT, consumer durables and commodity stocks amid a largely positive trend in global markets. In a volatile trade, the 30-share…
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Russian oil made up for 34-35% of all oil that BPCL processed at the start of the current financial year in April 2024 | Photo Credit: Reuters The wide-ranging sanctions imposed by the U.S. on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd. (BPCL)…
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Image used for representative purpose only. | Photo Credit: Reuters The rupee declined 12 paise to settle at 86.47 (provisional) against the U.S. dollar on Thursday (January 23, 2025) amid the strengthening American currency and continuous outflow of foreign funds. However, positive domestic equity markets and lower crude oil prices supported the Indian currency at…
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From left – Bharat Joshi, Jithesh Kaveetil and Ashwin Ramachandran | Photo Credit: Special Arrangement VuNet Systems, a provider of AI-based Business Journey Observability, said it has raised ₹60 crore in a Series B funding round to accelerate global expansion and strengthen product innovation. The round was led by Pravega Ventures with investment from Kotak…
Image used for representative purpose only | Photo Credit: Shiv Kumar Pushpakar The government in FY26 Budget should announce an “effective” personal income tax cut to support consumption and demand, Barclays said on Thursday (January 23, 2025). In its FY25-26 Union Budget preview, Barclays said the key ask from the Budget, to be presented on…
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