Category: Business

Business

Rupee recovers 75 paise from all-time low to close at 88.06 against U.S. dollar

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Rupee recovers 75 paise from all-time low to close at 88.06 against U.S. dollar

Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee bounced back sharply by 75 paise to close at 88.06 (provisional) against the U.S. dollar on Wednesday (October 15, 2025), posting its biggest intraday gain in nearly four months, due to likely intervention by the RBI and a surge in the domestic markets….

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India’s exports rise 6.74% to $36.38 billion in September

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India’s exports rise 6.74% to .38 billion in September

Image used for representational purposes. | Photo Credit: Reuters India’s exports grew by 6.74% to $36.38 billion in September despite global headwinds. Imports jumped 16.6% to $68.53 billion. The country’s trade deficit stood at $32.1 billion during the month. Imports surged due to the increase in imports of gold, silver, fertiliser and…

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EPFO rules change: Opposition claims salaried people being punished for government’s ‘mishandling of economy’

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EPFO rules change: Opposition claims salaried people being punished for government’s ‘mishandling of economy’

Attacking the Modi government over the change in Employees’ Provident Fund Organisation (EPFO) rules, the opposition on Wednesday (October 15, 2025) alleged that salaried people are being punished for the Modi government’s “mishandling of the economy” and urged Labour and Employment Minister Mansukh Mandaviya to scrap the “draconian” provisions. The opposition hit out at the…

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Business

Airtel partners with IBM to add AI capabilities to cloud product

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Airtel partners with IBM to add AI capabilities to cloud product

“With this partnership, we are also extending the footprint of our availability zones in India from four to ten, hosting these on our own next-gen sustainable data centres,” Airtel MD Gopal Vittal said. | Photo Credit: Reuters IBM is partnering with Bharti Airtel Ltd to “augment” the telco’s recently launched cloud offering, the U.S. tech…

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Business

Stock markets trade higher in early trade tracking rally in Asian peers

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Stock markets trade higher in early trade tracking rally in Asian peers

Representative image | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty were trading higher in early trade on Wednesday (October 15, 2025), tracking a rally in Asian markets amid hopes of a U.S. Federal Reserve rate cut later this month. The 30-share BSE Sensex climbed 354.57 points to 82,384.55 in early trade. The…

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Hyundai Motor India to invest ₹45,000 crore by FY30

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Representational image only. File | Photo Credit: Reuters South Korean auto major Hyundai Motor Co. president & CEO Jose Munoz on Wednesday (October 15, 2025) said the company’s Indian arm will invest ₹45,000 crore by FY30, aiming to make India its second-largest region globally. Addressing investors in Mumbai in his first visit to the country,…

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AM Realty to build Aranyam Estates, a wellness township in Konkan region of Goa 

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AM Realty to build Aranyam Estates, a wellness township in Konkan region of Goa 

AM Realty has announced the launch of Aranyam Estates, one of India’s largest wellness townships, spanning 400 acres in the Konkan region of Goa.  Conceptualised as a world-class wellness township with an estimated development value of nearly ₹2500 crore, the project aims to set new benchmarks in design, sustainability, and lifestyle. Aranyam Estate will have yoga…

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Intel customers to test new Crescent Island GPU in second half of next year

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Intel customers to test new Crescent Island GPU in second half of next year

Intel’s GPU roadmap trails behind competitors, highlighting the steep climb it faces to establish itself as a serious contender in AI computing [File] | Photo Credit: REUTERS Intel is making a renewed push to secure a spot in the fast-growing AI chip race with its upcoming data center graphics processing unit, code-named Crescent Island, slated…

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Broadcom to launch new networking chip, as battle with Nvidia intensifies

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Broadcom to launch new networking chip, as battle with Nvidia intensifies

It comes after Broadcom on Monday unveiled a deal to roll out 10 gigawatts worth of custom chips for ChatGPT maker OpenAI [File] | Photo Credit: REUTERS Broadcom is launching a new networking chip on Tuesday that will help companies build artificial intelligence computing systems by stringing together hundreds of thousands of chips that crunch data,…

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