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Google to make Pixel in India by next quarter, plans to ship 10 mn phones

The move will also help Google diversify its supply chain away from China, the Nikkei report said, citing a person with direct knowledge of the matter

Google signs content licensing deal with Reddit to train AI models: Report

Last year, Reddit said it would charge companies for access to its application programming interface (API) - the means by which it distributes its content

Intel signs Microsoft as foundry customer, says on track to overtake TSMC

It said Microsoft will use its 18A technology to make an undisclosed chip and that it now expects $15 billion of foundry orders

India's Feb business activity accelerates to 7-month high on solid demand

That bolstered the view for the coming 12 months with optimism among manufacturers at the highest since December 2022

BSE index to rise about 9% in 2024, correction unlikely, suggests poll

Breaching the 73,000 mark for the first time in January, the benchmark index is up over 1 per cent this year

World Bank, others issue offshore rupee bonds worth $1.4 bn as demand soars

These offshore bonds, with maturities ranging from 4 years to 10 years, are denominated in Indian rupees but settled in U.S. dollars, the sources said

HSBC's shares decline as $3 billion charge on stake in China bank

HSBC's shares slid as much as 8% in London, heading for their worst single-day drop since the Covid-19 pandemic erupted in March 2020

Google releases 'open' artificial intelligence models after Meta, others

The Alphabet subsidiary said individuals and businesses can build AI software based on its new family of "open models" called Gemma, for free

Britain sanctions heads of Russian prison where oppn leader Navalny died

"It's clear that the Russian authorities saw Navalny as a threat and they tried repeatedly to silence him," said UK Foreign Secretary David Cameron

India's lentil imports from Canada surge despite diplomatic strains

After Trudeau's comments, Indian lentil buyers slowed purchases from Canada, fearing that New Delhi or Ottawa could impose barriers on trade

Govt planning to standardise 'know your customer' norms for banking checks

Wednesday's statement made no direct reference to Paytm Payments Bank, saying only the FSDC discussed Know Your Customer (KYC) norms

Apple rolls out iMessage upgrade to withstand quantum computers decryption

Early planning is necessary, the U.S. cyber watchdog agency, the Cybersecurity and Infrastructure Security Agency, said in a 2022 advisory

Nirma issues bonds to fund Glenmark Life Sciences acquisition: Bankers

Earlier in the day, the detergent maker had invited bids for bonds maturing in one year and two days, two years, one month and 16 days, and in three year, one month and 16 days

Asian bonds gain solid inflows on rate cut hopes amid US inflation concerns

India led the way with a robust influx of $2.39 billion into its bonds, the highest since August 2017, fueled by anticipation of its inclusion in JP Morgan's emerging market debt index this year

Higher sales tax drives Sri Lanka inflation to 6.5% in January, shows data

The National Consumer Price Index (NCPI) captures broad retail price inflation and is released with a lag of 21 days every month

Torrent Power, Lanco lowest bidders in natural gas-fired power auction

India relies on coal to generate about three-quarters of its electricity, and power generated from coal is typically much cheaper than that generated by gas-fired plants

Reserve Bank bolsters oversight of fintech firms with more inspections

All the sources declined to be named as they were not authorised to speak to the media

US to impose 'major sanctions' on Russia over Navalny death: Report

The prison service said at the time that Navalny fell unconscious after a walk and died. US President Joe Biden has blamed Russian President Vladimir Putin

Microsoft develops AI server gear to lessen reliance on Nvidia: Report

The new network card is similar to Nvidia's ConnectX-7 card, which the chip developer sells alongside its graphic processor units (GPUs), the report added

More than half of world's countries will be at high measles risk: WHO

Death rates are higher in poorer countries due to weaker health systems, Crowcroft said, adding that outbreaks and deaths were also a risk for middle and high income countries