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New RBI Governor Sanjay Malhotra expected to begin interest rate cuts

The governor is chairing an almost entirely new six-member monetary policy committee

New RBI Governor Sanjay Malhotra expected to begin interest rate cuts
Updated On : 06 Feb 2025 | 9:22 AM IST

Google ends diversity hiring, says will no longer have 'aspirational goals'

Google said it was reviewing its programs and would no longer have aspirational goals tied to representation

Google ends diversity hiring, says will no longer have 'aspirational goals'
Updated On : 06 Feb 2025 | 7:48 AM IST

Alphabet tumbles after slower growth in cloud business, missed estimates

Quarterly sales, excluding partner payouts, were $81.6 billion, Alphabet said Tuesday in a statement. Analysts had projected $82.8 billion

Alphabet tumbles after slower growth in cloud business, missed estimates
Updated On : 05 Feb 2025 | 11:30 PM IST

Trump calls for new nuclear deal immediately allowing Iran to 'prosper'

The US has long accused Tehran of using a decades-old civilian nuclear program to disguise ambitions to develop weapons, a claim repeatedly denied by Iran

Trump calls for new nuclear deal immediately allowing Iran to 'prosper'
Updated On : 05 Feb 2025 | 11:03 PM IST

Google removes weapons clause from AI principles amid ethical concerns

The change is part of a broader shift in policies among large technology companies. In January, Meta Platforms Inc. disbanded many of its diversity and inclusion efforts

Google removes weapons clause from AI principles amid ethical concerns
Updated On : 05 Feb 2025 | 10:47 PM IST

Govt's cash deficit eases after RBI takes aggressive liquidity measures

The cash injection has also led to a decline in the weighted average call rate, which represents banks' overnight borrowing costs

Govt's cash deficit eases after RBI takes aggressive liquidity measures
Updated On : 05 Feb 2025 | 12:44 PM IST

Adani, Tata profit misses add to concern over stock market outlook

Citigroup Inc. and HSBC Holdings Plc are among banks that have cut profit forecasts as the latest earnings from some of India's top firms

Adani, Tata profit misses add to concern over stock market outlook
Updated On : 05 Feb 2025 | 10:19 AM IST

CIA offers staff buyouts as Donald Trump looks to shrink workforce

As part of the offer sent to the workforce on February 4, employees could receive pay and benefits through Sept 30, without having to work

CIA offers staff buyouts as Donald Trump looks to shrink workforce
Updated On : 05 Feb 2025 | 10:11 AM IST

BlackRock planning to hire 1,200 people to expand 2 support hubs in India

BlackRock is also inheriting a so-called global capabilities center with roughly 1,500 staff in Bangalore through its proposed purchase of data firm Preqin

BlackRock planning to hire 1,200 people to expand 2 support hubs in India
Updated On : 05 Feb 2025 | 10:08 AM IST

Donald Trump vows to close Department of Education, seeks Congress' help

Trump said that some of his advisers had said he could shutter the Education Department through an executive order, but that his preference was to work with Congress as well as teachers' unions

Donald Trump vows to close Department of Education, seeks Congress' help
Updated On : 05 Feb 2025 | 8:56 AM IST

Trump administration begins flying detained migrants to Guantanamo Bay

Last month, President Donald Trump signed an executive order directing the expansion of a migrant detention center at the military installation to full capacity

Trump administration begins flying detained migrants to Guantanamo Bay
Updated On : 05 Feb 2025 | 8:50 AM IST

Elon Musk's 'buyout' offer accepted by more than 20,000 US federal workers

But those numbers are increasing every day, according to an official familiar with the data, and the Trump administration expects a spike in resignations

Elon Musk's 'buyout' offer accepted by more than 20,000 US federal workers
Updated On : 05 Feb 2025 | 8:47 AM IST

Donald Trump's proposed tariffs risk $29,000 rise in US home building costs

Housing inflation has remained stubbornly high month after month amid a national shortage, becoming a major issue for voters in the recent election

Donald Trump's proposed tariffs risk $29,000 rise in US home building costs
Updated On : 05 Feb 2025 | 8:31 AM IST

Xi Jinping's careful reply to Trump tariffs shows China has more to lose

China is being restrained because it "has more to lose," due to its huge trade imbalance with the US, according to Larry Hu, head of China economics at Macquarie Group Ltd

Xi Jinping's careful reply to Trump tariffs shows China has more to lose
Updated On : 05 Feb 2025 | 8:24 AM IST

Australia bans China's DeepSeek from government tech over security

Home Affairs Minister Tony Burke said in a statement that all DeepSeek products, applications and services would be removed from government systems on national security concerns

Australia bans China's DeepSeek from government tech over security
Updated On : 05 Feb 2025 | 8:11 AM IST

Elon Musk faces long court battle over feud with OpenAI CEO Sam Altman

The injunction Musk asked for would freeze OpenAI's transformation to a more conventional, public benefit for-profit company, just as it's in talks to raise as much as $40 billion in a funding round

Elon Musk faces long court battle over feud with OpenAI CEO Sam Altman
Updated On : 05 Feb 2025 | 7:55 AM IST

Meta adds $235 bn of value in winning streak as investors cheer AI bets

The stock is up 1.1 per cent Tuesday. If the gains hold through end of the session, the owner of Facebook will have added more than $235 billion in market value during the streak

Meta adds $235 bn of value in winning streak as investors cheer AI bets
Updated On : 04 Feb 2025 | 10:59 PM IST

Tata Motors sees demand revival by June after tax cut of up to ₹12 lakhs

The tax changes will be implemented from April 1 and people will see more money in their pockets, P B Balaji, group chief finance officer at Tata Motors Ltd. said in an interview

Tata Motors sees demand revival by June after tax cut of up to ₹12 lakhs
Updated On : 04 Feb 2025 | 11:16 AM IST

Singapore's DBS finds seat on table as MNCs start to look away from China

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor

Singapore's DBS finds seat on table as MNCs start to look away from China
Updated On : 04 Feb 2025 | 9:42 AM IST

President Trump's tariff plan risks upending trade, stoking food inflation

Mexico, Canada and China account for about half of all American agriculture exports, and the US has become increasingly reliant on its two neighbours for fruit and vegetables

President Trump's tariff plan risks upending trade, stoking food inflation
Updated On : 04 Feb 2025 | 8:59 AM IST