MUMBAI: Billionaire banker-entrepreneur Uday Kotak on Tuesday prodded India Inc to invest for India’s future. Kotak’s warning came as the country is being looked at as a laggard in AI technology investments. This is the primary reason that India’s stock market has turned from being one of the most favoured among emerging markets to one…
MUMBAI: Cans or glass bottles, beer or cold beverages- companies are losing their cool over rising costs this summer instead of keeping their spirits high amid what is otherwise supposed to be an El-Nino-induced harsher season, driving more demand. The war has hit firms on two fronts-for one, soft drink players such as Coca-Cola which…
MUMBAI: Vis Raghavan, head of banking and executive vice chair of Citi, was in India for its annual India conference, which unites all businesses and 1,000 corporates. It is part of a global push to bring buy/sell side participants, policymakers, and decision-makers onto one platform. Raghavan is credited as a seasoned investment banker and dealmaker…
NEW DELHI: Nearly two decades after a working group was formed to compile producer price index (PPI), govt Tuesday finally laid out a road map for its introduction. On June 15, govt will unveil the revised wholesale price index, with 2022-23 base, and along with it will come PPI.In five years, govt intends to phase…
India and the UK on Tuesday discussed the key issues delaying the implementation of the Comprehensive Economic and Trade Agreement (CETA), as both sides reviewed progress under the trade pact signed in July last year.The issues came up during a meeting between Commerce Secretary Rajesh Agarwal and UK Permanent Secretary Amanda Brooks.“Engaged in extensive discussions…
The fall to seventh rank is not just about the rallies in South Korea and Taiwan. It is also about the record exodus of foreign capital from Indian stock markets. (AI image) In a span of just over a week, the Indian stock market has gone from being the world’s fifth largest to the seventh…
India has tightened restrictions on silver imports by bringing additional categories, including silver grains and powder, under the restricted list and requiring prior government approval for shipments, according to a government order issued on Tuesday.Under the revised rules, imports of silver in the form of grains, powder, other forms, and products containing 99.9 per cent…
Wall Street’s record-breaking rally slowed on Tuesday as shares of Alphabet fell sharply after the Google parent announced plans to raise fresh capital to fund its growing investments in artificial intelligence.The S&P 500 slipped 0.1 per cent after hitting another all-time high a day earlier. The Dow Jones Industrial Average rose 65 points, or 0.1…
AI image for representive purpose The story of a Delhi jobseeker who travelled to Hyderabad for an interview, spending about ₹14,000 on flight tickets and reportedly being turned down in 10 minutes, has led to a wider discussion online about hiring practices, travel reimbursements and the growing desperation among candidates in a tough job market.A…
Gold price prediction today: Gold prices continue to be weighed down by inflation concerns amid geopolitical tensions and rising oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link