Business News Updates

"JioAirFiber uses our pan-India 5G network and advanced wireless technologies to bypass the need for last-mile fibre," Ambani said at the 46th AGM of RIL.

India currently ranks seventh in terms of funding within the international spacetech landscape, firmly establishing its influence in this dynamic sector, according to a latest report by market intelligence firm Tracxn.

The first noteworthy elements in the teaser video are stickers that give away the engine’s architecture and construction. It’s already been known that this will be a liquid-cooled engine. And the 210 sticker confirms the 210cc displacement figure.

Trivedi joins Snap from Google where he has spent the past five years as the Director of Google Pay-India Business Team.

The bank said the total dues do not specify the exact quantum of dues to be recovered.

The announcement was made through a notification on Saturday. This notification shall come into force with immediate effect, and will remain in force up to and inclusive of the December 31, 2023.

The banks and other lending institutions will not be allowed to levy penal interest with effect from January 1, 2024, the RBI said in its notification on 'Fair Lending Practice-Penal Charges in Loan Accounts'.

Union Finance Minister Nirmala Sitharaman on Thursday asserted that the National Education Policy (NEP) 2020 is flexible and is not imposed on states by the Centre.

The launch of the web portal will aid users to identify their unclaimed deposits and accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks, a statement issued by RBI said. 

“As we now expect inflation to track at 6 per cent in QE December23, we delay the start of the easing cycle to 2Q24 from 1Q24. We maintain our expectation of two rate cuts of 25bps each.

Sources close to the development told IANS that Apple aims to deliver locally-assembled iPhone 15 as soon as it is launched globally in the middle of next month, in order to narrow the launch-to-availability gap and increase its exports from India to other nations.

The government has recognised as many as 98,119 entities as startups as on April 30 this year

The strengthening of the dollar against the Indian rupee is attributed to an increase in the US dollar index to 103 and the US bond yield to about 4.18 per cent. 

According to the US-based firm Envoy, over half (54 per cent) of managers report having to forgo making a critical workplace decision because they didn't have access to the necessary data to support it. This number increases to 62 per cent for managers in the consumer goods industry.

Musk posted a chat with Zuckerberg on X (formerly Twitter), saying he will be in Palo Alto (California) on Monday and offered to fight on Zuckerberg's “Octagon”.