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TeamLease Q4 results: Net profit rises 14% on general staffing strength

The company said consolidated net profit came in at 274.8 million rupees ($3.30 million) for the three months ended March 31

Vedanta Aluminium turning to renewables, not adding coal capacity: CEO

Coal accounts for nearly 50% of the country's installed power capacity of 443 GW

RBI board approves surplus transfer of Rs 2.11 trillion to govt for FY24

The RBI said the board decided to raise the contingency risk buffer to 6.5% from 6% previously

Russia proposes revising borders of territorial waters in Baltic Sea

Ministry proposed adjusting the border around Russian islands in the eastern part of the Gulf of Finland and around Kaliningrad

LVMH deepens partnership with Alibaba to enhance tech presence in China

The partnership also illustrates the growing focus of the high end luxury brands on improving online shopping

UK inflation drops less than expected, dashing June rate cut hopes

Consumer prices rose by an annual 2.3 per cent last month, down sharply from a 3.2 per cent increase in March

New Caledonia protesters, cops play cat and mouse before Macron's arrival

Macron will meet elected officials and local representatives on Thursday for a day of talks focused on politics and on the reconstruction of the island, his aides said

Australia reports its first human case of avian influenza infection

The H5N1 strain of avian flu has swept the globe in recent years, killing billions of farmed and wild birds

Macron urges TotalEnergies to stay in France amid talks of US listing

A pillar of France's CAC 40 blue chip index, TotalEnergies is one of the world's largest oil companies

UK govt borrows more than expected in April, posing challenge for PM Sunak

Net borrowing excluding state-controlled banks was 20.5 billion pounds

US electricity demand from EVs rises to new highs in early 2024: Maguire

EVs accounted for 16 per cent of all light-duty vehicle sales in the U.S. in 2023

Microsoft promotes new tools for making AI software amid competition

At a developer conference in Seattle, Chief Executive Satya Nadella promoted new application programming interfaces, or APIs

Chinese tech giants cut prices of language models used to power AI chatbots

It was quickly followed by Baidu, which hours later announced that its Ernie Speed and Ernie Lite models would be free for all business users

US antitrust law alleging iPhone mkt monopoly should be dismissed: Apple

In the letter to the judge, Apple said the DOJ relies on a new theory of antitrust liability that no court has recognized.

Not halted any orders of Nvidia's advanced chip in market, says Amazon

The Project Ceiba transition was announced by the two firms in March when Nvidia unveiled the new Blackwell chips

Explainer: Understanding AI PCs and the underlying technology powering them

PC makers are hoping such features will help draw in buyers as more people lean on generative AI for everything from sending emails to planning vacations

New Zealand proposes 6.6% cut in its defence spending amid personnel woes

The cuts put New Zealand at odds with many of its traditional partners, such as Australia and Japan, which are ramping up spending in response to China's growing military presence in the region

Indian bond yields flat as traders eye next move to infuse cash in system

The government has bought back securities aggregating to only around Rs 17,900 crore ($2.15 billion), against notified quantum of Rs 1.60 trillion in May

Japan's exports rise for 5th time in April on weak yen, biz mood stalls

In volume terms, however, Japanese shipments fell 3.2 per cent year-on-year in April, down for the third straight month

UK firms expecting hard time in China over next 5 years, warns lobby group

British business confidence is further constrained by growing risk of increased trade tensions due to a complex geopolitical environment, it added