A strong dust storm and gusty winds followed by rain hit Delhi-NCR on Friday evening, causing trees to be uprooted in several parts and leading to traffic congestion. Thunderstorms caused power disruptions in several parts of the city, primarily due to trees and branches falling on electricity cables. The India Meteorological Department (IMD) has issued an orange alert, recommending people stay indoors and avoid unnecessary travel.
Gold prices rose by Rs 70 to hit yet another record high of Rs 98,170 per 10 grams in the national capital on Thursday amid firm global demand, according to the All India Sarafa Association. On Wednesday, the precious metal of 99.9 per cent purity soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams.
Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.
With stricter policies dampening the US/UK dream, Germany, Ireland and New Zealand are emerges as new study abroad destinations for Indian students.
Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.
While six of them have been held from Punjab, five were nabbed from neighbouring Haryana, and one from Uttar Pradesh.
India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and external demand. The uncertainty is adversely affecting the overall corporate sector capex. Interest rates on credit are not the primary deterrent to decisions about capital expenditure, said Soumyajit Niyogi, director, core analytical group, Ind-Ra, in a webinar on the credit market outlook.
'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'
The Supreme Court of India has ordered all high courts to ensure that civil courts under their jurisdiction decide execution petitions within six months, failing which presiding officers will be held accountable. The court cited the significant delay in resolving such petitions, which are filed to enforce decrees in civil disputes, and noted that this delay undermines the purpose of the decree itself. The verdict stems from a 1980 civil dispute from Tamil Nadu, highlighting the long-standing issue of delayed execution proceedings in India's legal system.
Hiring trends in India's white-collar job market dipped marginally by 1.4 per cent in March compared to the same month last year, driven by a decline in recruitment in the retail, oil & gas, and education sectors, a report said on Wednesday.
Hours after being dismissed from service for 'concealing' his marriage with a Pakistani woman, Central Reserve Police Force trooper Munir Ahmed said he solemnised his marriage nearly a month after getting permission from the force's headquarters last year.
India's industrial production growth slows to 3.2 per cent in December 2024, mainly due to poor performance of mining and manufacturing sectors, according to official data released on Wednesday. The government has also revised the November 2024 IIP figure to 5 per cent from the provisional estimate of 5.2 per cent released in the previous month.
Organisations are facing growing privacy concerns over the use of generative artificial intelligence (GenAI) while getting attractive returns from investments in privacy, according to Cisco's latest Data Privacy Benchmark Study. The findings highlight the responses from 2,600 privacy and security professionals across 12 geographies, said the annual review of key privacy issues impacting business. "Organisations see GenAI as a fundamentally different technology with novel challenges to consider," said Dev Stahlkopf, Cisco Chief Legal Officer.
Investors should avoid making drastic changes to their asset allocation during a market correction.
Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.
So far, over 30 people have died across Northeastern states due to heavy rainfalls, floods and landslides, according to media reports.
'He has been one of the clearest thinkers in the history of business.'
The Trinamool Congress (TMC) has accused the Election Commission of India (ECI) of a "scam" after the poll panel admitted to the existence of duplicate voter ID numbers. The ECI has said it will address the issue in the next three months. TMC leader Saket Gokhale alleged that the ECI is trying to "protect" someone and demanded answers about the extent of the duplication and why it took 25 years to address the problem.
The share of Ahmedabad in the total value of trades on both the BSE and NSE is set to touch double digits for the third year in a row.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
The legislation is aimed at streamlining various services related to immigration and foreigners, including their entry, exit and stay in India.
'The slowdown in motor insurance premium growth is due to slower growth in vehicle sales. Also, there has been minimal hike in third-party rates in the past three years which is affecting the growth rate of third-party premiums.'
'Check every SMS you get. Many people ignore them.' 'Remember if there is an activity in your account, your financial institution will send you an SMS, not a WhatsApp message.'
Housing prices appreciated at an average of 10 per cent during the December quarter across eight major cities on strong demand, higher input cost, according to a report by CREDAI, Colliers and Liases Foras. Realtors' body CREDAI, real estate consultant Colliers India, and data analytic firm Liases Foras on Tuesday released their joint report, which showed that Delhi-NCR saw a maximum appreciation of 31 pc annually during the October-December period of 2024.
India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data released on Tuesday. The gross domestic product (GDP) rate of 6.4 per cent will be the lowest since the Covid year (2020-21) when the country witnessed a negative growth of 5.8 per cent.
Caste census politics took centre stage on Thursday with the Congress terming the government's decision as a 'diversionary tactic' and a move for headlines management and the Bharatiya Janata Party saying it has exposed the difference between the Centre's 'true intentions' and the 'empty sloganeering' of the opposition party.
A cold wave has gripped many parts of north and east India, with Srinagar recording a minimum temperature of minus 5.3 degrees Celsius. Other areas experiencing below-freezing temperatures include Gulmarg, Pahalgam, Konibal, Qazigund, Kupwara, and Kokernag in Kashmir. Himachal Pradesh has issued an orange warning for severe cold wave conditions in several districts. Delhi recorded a minimum temperature of 5.9 degrees Celsius, while Faridkot in Punjab was the coldest in the region at 0 degrees Celsius. Extreme cold conditions also continued in parts of Rajasthan and Jharkhand. The Met office has forecast mainly dry weather until December 26, with the possibility of light snowfall in the higher reaches of Kashmir on the intervening night of December 21-22.
The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.
The Kerala police were the most sensitised to the rights of those arrested while that of Jharkhand and Gujarat the least.
'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'
An Air India flight bound for New York returned to Mumbai on Monday morning after a bomb threat was reported. The aircraft, carrying 303 passengers, was thoroughly checked by security agencies, and nothing suspicious was found. The flight has been rescheduled to operate at 5 am on Tuesday, and passengers have been offered hotel accommodation and other assistance. This incident follows a recent trend of hoax bomb threats on flights, with at least 15 flights receiving such threats this year.
Indian real estate sector saw more land deals in 2024 at over 2,200 acres as developers were looking to expand the business, according to CBRE. Real estate consultant CBRE data showed that land deals of more than 2,200 acres last year as against about 1,900 acres in the preceding year. Out of the total land transactions in 2024, around 2,000 acres were located in the eight major cities -- Delhi-NCR, Bengaluru, Mumbai, Chennai, Pune, Hyderabad, Kolkata and Ahmedabad.
Opposition to the Karnataka government's proposed implementation of a caste census has intensified with dominant communities raising concerns about the survey's findings. The report, which has not been publicly released, is said to contradict traditional perceptions regarding the numerical strength of various castes, particularly Veerashaiva-Lingayats and Vokkaligas. These communities, along with political parties, including sections of the ruling Congress, have criticized the survey as "unscientific" and demanded a fresh assessment. The Vokkaligara Sangha and the All India Veerashaiva Mahasabha have expressed strong opposition, alleging that the report misrepresents their populations and demanding a fresh survey. Meanwhile, Dalit and OBC groups have defended the survey and its recommendations, including an increase in reservation for OBCs to 51%. The controversy has fueled political tensions in Karnataka, with opposition parties accusing the Congress government of using the caste census for political gain.
India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).
Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023.
Retail inflation slipped to seven-month low of 3.61 per cent in February mainly due to easing prices of vegetables, eggs, and other protein-rich items, creating space for the RBI to go for another cut in interest rate next month.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
The Reserve Bank of India's (RBI's) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid persistent liquidity deficit in the banking system. This was the second swap auction by the central bank after it infused $5 billion via six month-swap on January 31.
I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'
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