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Category: Business

Business

Telangana Govt to raise 2,000 crore market borrowings on March 12

Posted on March 10, 2024 By admin
Telangana Govt to raise 2,000 crore market borrowings on March 12

Image for representation purpose only. | Photo Credit: K. PIchumani The Telangana Government has decided to raise ₹2,000 crore open market borrowings through auction of securities. The government has submitted an indent to this effect to the Reserve Bank of India (RBI) which will take up the auction process through its core banking solution e-Kuber…

Read More “Telangana Govt to raise 2,000 crore market borrowings on March 12” »

Business

Merger with Reliance would boost company’s profits and reduce risk in India: Disney CEO

Posted on March 10, 2024 By admin
Merger with Reliance would boost company’s profits and reduce risk in India: Disney CEO

Walt Disney CEO Bob Iger said the merger would create a big entity and help it to stay in the market at a “significant level”. File | Photo Credit: AP Walt Disney CEO Bob Iger has said a joint venture with Reliance Industries after merging its India business would benefit the company in terms of…

Read More “Merger with Reliance would boost company’s profits and reduce risk in India: Disney CEO” »

Business

What are the hurdles to fair global trade? | Explained

Posted on March 9, 2024 By admin
What are the hurdles to fair global trade? | Explained

WTO Director-General Ngozi Okonjo-Iweala speaks during the opening ceremony of the WTO ministerial meeting in Abu Dhabi on February 26, 2024. | Photo Credit: Reuters The story so far: The World Trade Organization (WTO) held its 13th Ministerial Conference (MC13) at Abu Dhabi in the UAE between February 26 and March 2, which was attended…

Read More “What are the hurdles to fair global trade? | Explained” »

Business

Assembly election in Jammu and Kashmir should be held soon after Lok Sabha polls: Azad

Posted on March 9, 2024 By admin
Assembly election in Jammu and Kashmir should be held soon after Lok Sabha polls: Azad

Democratic Progressive Azad Party (DPAP) president Ghulam Nabi Azad addresses the public rally in Anantnag. File | Photo Credit: ANI Democratic Progressive Azad Party (DPAP) chief Ghulam Nabi Azad on March 9 said Assembly elections in Jammu and Kashmir should be held soon after the Lok Sabha election as the people of the Union Territory…

Read More “Assembly election in Jammu and Kashmir should be held soon after Lok Sabha polls: Azad” »

Business

Centre to take all measures to contain food prices: Goyal

Posted on March 9, 2024 By admin
Centre to take all measures to contain food prices: Goyal

Union Minister of Commerce & Industry Piyush Goyal during an interview, at the PTI office, in New Delhi, Friday, March 8, 2024. | Photo Credit: PTI The Centre will pull all stops to ensure prices of essential food items from onion to tomatoes to pulses do not spike particularly during the elections, Union Minister Piyush…

Read More “Centre to take all measures to contain food prices: Goyal” »

Business

Boeing says no documents found on 737 MAX 9 key part removal

Posted on March 9, 2024 By admin
Boeing says no documents found on 737 MAX 9 key part removal

This photo released by the National Transportation Safety Board shows a gaping hole where the paneled-over door had been at the fuselage plug area of Alaska Airlines Flight 1282, Jan. 7, 2024, in Portland, Ore. Boeing has refused to disclose who worked on the door plug that blew off a jetliner, according to the head…

Read More “Boeing says no documents found on 737 MAX 9 key part removal” »

Business

Exercise caution to check biases in AI models, says Dell’s Manakame

Posted on March 9, 2024 By admin
Exercise caution to check biases in AI models, says Dell’s Manakame

Teja Manakame, VP, IT India, Dell Technologies. Photo: Special Arrangement Some believe artificial intelligence (AI) could be more biased than humans as the technology may display stronger racial and gender biases than people do. How can banks, hospitals, governments, and public service bodies deploy Generative AI to run their functions globally and yet ensure fair…

Read More “Exercise caution to check biases in AI models, says Dell’s Manakame” »

Business

PM to inaugurate passenger terminals at 12 airports across India

Posted on March 8, 2024 By admin
PM to inaugurate passenger terminals at 12 airports across India

Prime Minister Narendra Modi. Files | Photo Credit: ANI Prime Minister Narendra Modi will inaugurate 15 new airport passenger buildings across the country between March 9 and 10 worth more than ₹9,800 crore. Mr. Modi will inaugurate 12 new passenger terminals at Pune, Kolhapur, Gwalior, Jabalpur, Delhi, Lucknow, Aligarh, Azamgarh, Chitrakoot, Moradabad, Shravasti and Adampur…

Read More “PM to inaugurate passenger terminals at 12 airports across India” »

Business

Interest rates on small savings schemes unchanged for April-June

Posted on March 8, 2024 By admin
Interest rates on small savings schemes unchanged for April-June

While the Government has hiked rates on most saving schemes over the last six quarters. File | Photo Credit: Reuters The Centre on March 8 decided to keep the returns offered on various small savings schemes unchanged for the April to June quarter, quashing hopes of a pre-election hike in rates like the one announced…

Read More “Interest rates on small savings schemes unchanged for April-June” »

Business

February Food costs: Vegetable food prices up 7% over last year, but still hit an 8-month low

Posted on March 8, 2024 By admin
February Food costs: Vegetable food prices up 7% over last year, but still hit an 8-month low

A scene at wholesale market Azadpur Mandi, in New Delhi. File | Photo Credit: Sushil Kumar Verma Vegetarian food prices rose 7% in February, driven by a spurt in onion and tomato prices, even as non-vegetarian plate costs dropped 9% from a year ago, as per rating agency Crisil’s monthly report on food plate cost…

Read More “February Food costs: Vegetable food prices up 7% over last year, but still hit an 8-month low” »

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