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Employment

Stock Market

HDFC Q4 net profit is up 19.5%, and an interim dividend of Rs 44 per share declared

Nidhi Mishra -
On Wednesday, the Housing Development Finance Corporation (HDFC) announced a 19.5% increase in its net profit to Rs 4,425.5 crore for the quarter ending...
education

India and Russia suspend negotiations to settle trade in rupees.

Nidhi Mishra -
India and Russia have failed to agree to settle bilateral trade in rupees, according to Indian government officials and a source with direct knowledge...
education

Toyota unit funds Japanese startup for ‘flying minitruck’ drone.

Nidhi Mishra -
Jtekt, a supplier affiliated with Toyota Motor, has announced funding for a venture developing a drone capable of transporting cargo to hard-to-reach areas and...
education

Internet snapped in Manipur for five days post violence in tribal protests.

Nidhi Mishra -
Officials have informed that internet services have been suspended for five days in Manipur due to tension over the move to protect forests in...
Business

WTO ruling against India in tech tariffs dispute with European Union

Nidhi Mishra -
A senior Indian official has stated that India will retaliate against the European Union (EU) if the trade bloc invokes its domestic law to...
LAW

Supreme Court paves the way for the tribunal to act against IL&FS auditors.

Nidhi Mishra -
On Wednesday, the Supreme Court (SC) set aside the Bombay High Court (HC) order to quash all prosecution against BSR; Associates, LLC (BSR) —...
Bank

Pratt & Whitney’s engine woes cost Go Air 47 years of flying time.

Nidhi Mishra -
Faults with engines supplied by Pratt & Whitney forced Go Airlines India Ltd., a budget carrier, to keep its brand-new Airbus SE jets on...
Business

US Fed decides unanimously to hike key benchmark rates by 25 bps.

Nidhi Mishra -
On Wednesday, the US Federal Reserve raised interest rates by 25 basis points (25 bps) or 0.25 percent as widely expected and hinted that...
Employment

Fierce war to bag AI talent shifts to India with salaries being doubled

Nidhi Mishra -
The demand for AI talent is outstripping supply as companies worldwide scramble to hire skilled engineers, data scientists, and machine-learning specialists. India, in particular,...
Bank

Indian-origin Ajay Banga confirmed as next president of World Bank.

Nidhi Mishra -
On Wednesday, the World Bank’s board of governors elected former Mastercard CEO Ajay Banga as president for a five-year term. Banga, an Indian-born finance...
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