The top 25 global technology (tech) firms, including Apple, Microsoft, Amazon, Tencent, Samsung, Oracle, and Accenture, collectively lost over $600 billion in market capitalisation (m-cap) during the July-September quarter (third quarter, or Q3) of calendar year 2023 (CY23), reveals a recent report by GlobalData, a London-based analytics and consulting company.
There is no near-term respite for the country's largest fast-moving consumer goods maker, Hindustan Unilever (HUL), which is facing multiple challenges on the growth front. With demand showing no signs of improvement, especially in the rural segment, the October-December quarter (Q3) of 2023-24 (FY24) is likely to be similar to the previous quarter, with volume growth in the low single digits. The stock, which is down 7 per cent over the past year compared to the 11 per cent jump for the S&P BSE Sensex, could underperform the benchmark in the near term as well.
India does not have the facilities needed for developing advanced aerospace products. There is only one wind tunnel in the country, the almost six decade old one in the National Aeronautics Laboratory.
We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.
The panel headed by Justice (retired) Ritu Raj Awasthi has submitted its report to the government, calling for an exhaustive overhaul of the law.
'There is an eminently fertile ground that perpetrators must be finding in our society.'
A field hospital set up by the Indian Army in Hatay province of quake-ravaged Turkiye has become operational with surgical and emergency wards to provide succour to the affected people, days after a 7.8-magnitude earthquake and several powerful aftershocks hit that country.
In the wake of the accident off the Mumbai coast two days ago, the defence forces have halted the operations of the Advanced Light Helicopter (ALH) Dhruv till the time investigators find the reason for the incident and precautionary checks are carried out.
The discovery of a material that maintains a rechargeable sulphur cathode helps to overcome a primary hurdle to building a lithium-sulphur (Li-S) battery.
Here are list of some of the big ticket announcements.
'From our survey we found that there was a problem in the agricultural sector and drones could solve the problem.'
"The experience was incredibly enriching, significantly bolstering my confidence in our country's indigenous capabilities, and leaving me with a renewed sense of pride and optimism about our national potential," he said.
The seven women wrestlers on Wednesday moved the Supreme Court seeking permission to file an affidavit in sealed cover.
Innovation ranging from exterior designs of vehicles to EV charger locks grabbed eyeballs at the expo
During these seven decades, the IAF has lost 2,374 aircraft to crashes. They include 1,126 fighters and 1,248 non-combat aircraft. In addition, 229 trainers and 196 helicopters have crashed. These crashes have resulted in the deaths of 1,305 skilled pilots, note Ajai Shukla and Devesh Kapur.
The Enforcement Directorate on Wednesday told a Delhi court the investigation in the money laundering probe against Aam Aadmi Party leader Manish Sisodia in the alleged excise scam is at a "crucial' stage and it has found fresh evidence of his complicity.
Plenty happens over the show -- riots, nefarious schemes, betrayal and multiple murders -- which should have made for a riveting watch but everything evokes déjà vu and worse, sighs Deepa Gahlot.
To ramp up domestic battery manufacturing capacity and reduce the dependence on imports, the government has initiated talks with a few lithium-rich countries to supply the mineral to Indian companies, industry sources informed Business Standard. The Ministry of External Affairs (MEA) held a meeting with the ambassadors of countries, including Argentina, Chile, and Bolivia, among others, to put forth its request.
Bengaluru recorded the highest green building stock at 140 million square feet, followed by Delhi-National Capital Region at 74 msf, and Hyderabad at 72 msf for Grade A office buildings as of September 2023.
While some states have kicked in their heat action plans, experts feel this is not enough to tackle the current extreme weather.
'However, we have seen weakness in our active pharmaceutical ingredients business.'
It is the lightest gold nugget ever created, researchers said.
Blind is a film you are better off not watching, warns Mayur Sanap.
Nine more people have died as heavy rains lashed Uttar Pradesh for the third day, taking the death toll to 28, while a red alert has been sounded on Tuesday in six districts including the worst-hit Barabanki and Gonda.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
The capability of operating fighter aircraft from this area would strengthen the air force's ability to tackle any misadventures by the adversary in a faster way.
According to the National Earthquake Monitoring and Research Centre, the earthquake with an epicentre in Jajarkot district was recorded at 11.47 pm.
'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'
The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime. Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023. Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023.
The court said his release may adversely impact the ongoing investigation and 'seriously hamper' its progress.
'The moment the Army approved the script, they told us that they will give their full support and asked us for our full dedication.'
'We will likely never know why Xi decided not to travel to New Delhi. One possible explanation could be his desire to avoid a meeting with US President Joe Biden.'
rediffGURU Mayank Chandel offers advice to students interested in a careers in science or engineering after class 10 and 12.
After the debacle of the first episodes of Season 6, the latter half give an even-handed treatment to intriguing not-so-well-known events of Queen Elizabeth II's reign, observes Vaihayasi Pande Daniel.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
a special bench comprising Justices Sanjiv Khanna and B R Gavai said they were 'not entertaining the writ petition' that sought to restrain Gowri from taking oath 'in view of the grave threat to the independence of the judiciary'.
Investors have become poorer by over Rs 6.18 lakh crore as markets took a heavy beating on Friday. The 30-share BSE Sensex tanked 1,093.22 points or 1.82 per cent to settle at 58,840.79. During the day, it tumbled 1,246.84 points or 2 per cent to 58,687.17.
The Supreme Court collegium headed by Chief Justice D Y Chandrachud on Wednesday recommended to the Centre the names of Justice Ujjal Bhuyan, the chief justice of the Telangana high court, and Justice S Venkatanarayana Bhatti, his counterpart in Kerala, for elevation as judges of the apex court.
Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits. Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit liability brings down its cost of money, points out Tamal Bandyopadhyay.
