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Pragya Misra previously worked at Truecaller AB and Meta, per the Bloomberg report. File | Photo Credit: Reuters OpenAI has hired Pragya Misra, 39, its first official in India, in order to handle government relations, reported Bloomberg on Friday, citing an anonymous source. OpenAI has not yet issued an official statement confirming Ms. Misra’s appointment,…
A file photo of Tesla chief Elon Musk. | Photo Credit: Reuters Tesla chief Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi on April 22 and announce plans to enter the South Asian market, three people familiar with the matter said on April 20. “Unfortunately, very…
IMF Managing Director Kristalina Georgieva speaks during a press briefing at the International Monetary and Financial Committee (IMFC) plenary session at the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 19, 2024. | Photo Credit: Reuters Shareholders of the International Monetary Fund agreed on the importance of addressing challenges faced by…
Read More “Debt, fiscal challenges facing low-income countries worry IMF” »
The Singapore Food Agency recalled Everest Fish Curry Masala from India alleging the presence of a pesticide. The Centre for Food Safety in Hong Kong on April 18 recalled Everest Fish Curry Masala from India alleging the presence of a pesticide called ethylene oxide at levels exceeding permissible limit. In a statement released, the Singapore…
Read More “Singapore recalls Everest Fish Curry Masala over alleged pesticide content” »
Price stability has to be restored in order to ensure that the rising growth trajectory in the economy is sustained and economic conditions are not yet ripe to ease the restrictive monetary stance, RBI Deputy Governor Michael Debabrata Patra emphasised in his statement at the latest policy review by the Monetary Policy Committee (MPC), the…
Read More “‘Conditions not yet in place for any let-up in restrictive monetary stance’” »
Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, U.S. August 2, 2023. File | Photo Credit: REUTERS Archer Aviation, backed by Stellantis and Boeing, aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026,…
Read More “Archer Aviation aims to start electric air taxi trials in India next year” »
Rana Kapoor, founder of the Yes Bank. File | Photo Credit: AFP A special court in Mumbai granted bail to Yes Bank co-founder Rana Kapoor on Friday. The Enforcement Directorate (ED), Mumbai, arrested Mr. Kapoor on March 7, 2020, for involvement in a ₹ 466.51 crore bank fraud. He was also charged with money laundering…
Read More “Yes Bank co-founder Rana Kapoor gets bail in bank fraud case after four years” »
From the Sensex basket, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, JSW Steel, Maruti, Wipro, Bharti Airtel, Bajaj Finserv, ICICI Bank and ITC were the major gainers. | Photo Credit: Reuters Stock markets rebounded from early lows to close higher on April 19, snapping the four-day losing streak on heavy value buying in banking and…
Read More “Stock markets stage strong rebound after four days of slump; Sensex rallies 599 points” »
Image used for representation purpose only. | Photo Credit: REUTERS The rupee pared initial losses to finally settle 4 paise higher at 83.48 against the U.S. dollar on Friday, tracking a strong rebound in domestic equities. Forex traders said the domestic currency fell in early trade on risk aversion in global markets amid geopolitical tensions…
Read More “Rupee rises 4 paise to close at 83.48 against U.S. dollar” »
Image used for representative purpose only. | Photo Credit: Nagara Gopal The rupee depreciated 6 paise to 83.58 against the U.S. dollar in early trade on April 19, weighed down by a negative trend in domestic equities and elevated crude oil prices. Forex traders said the strength of the American currency in the overseas market…
Read More “Rupee falls 6 paise to 83.58 against U.S. dollar in early trade” »
