Page 1129 - Latest News

Rupee hits fresh low on outflows and US trade deal delay; bond yields ease

Rupee depreciated to a fresh all-time low as foreign outflows and uncertainty over the US-India trade deal pressured sentiment, while an RBI OMO purchase auction helped soften government bond yields

Developers need new skills for AI software systems: Microsoft's Nadella

TCS, Infosys, Wipro, and Cognizant to deploy over 50,000 Copilot licenses, collectively surpassing 200,000

Pension parking lot expanded to gold and silver ETFs, AIFs, Invits

PFRDA has overhauled NPS investment rules, allowing wider exposure to AIFs, REITs, InvITs, commodities, IPOs and a broader equity universe to boost returns and deepen diversification

We set own air standards; global rankings not official, says govt

Government tells Parliament that India relies on its own air-quality standards and city-level assessments

18 from Assam killed, 3 missing as truck falls into gorge in Arunachal

The incident took place on Hayuliang-Chaglagam Road in Anjaw district in the eastern part of the hill state on December 8 when a truck was carrying 22 labourers from Tinsukia district

Thailand and Cambodia hold border talks as Trump's mediation looms

Hundreds of Cambodian workers also gathered on the Thai side of the crossing in a bid to leave, but the official said it was unlikely to reopen on Thursday

Delhi govt approves reorganisation of 11 revenue districts into 13

The decision was taken during a Cabinet meeting chaired by Chief Minister Rekha Gupta on Wednesday

Nobel winner Machado appears in Oslo after 'journey of extreme danger'

The perilous trip involved her taking a boat to Curacao, a Dutch Caribbean island about 40 miles away, a person familiar with the matter said

IndiGo to offer ₹10,000 travel vouchers to impacted December 3-5 flyers

The airline said these vouchers - which can be used to book any IndiGo flights during the next 12 months

Royalty norms: AI firms may need to pay global revenue share to creators

India plans to mandate global AI firms to share revenue as royalties for using Indian creators' content to train LLMs, under a proposed statutory licensing and royalty framework

AI-driven growth of TCS makes its M&A strategy more aggressive

TCS's $700-million buyout of Salesforce firm Coastal Cloud highlights a stronger AI-focused M&A strategy, but analysts view the valuation as steep and note the market's muted response

Crowd, coders, and school trip mark Microsoft CEO Nadella's homecoming

The Microsoft chief mixes product showcases with a personal trip to his old school

No hard stop set in India-US trade discussions, says Piyush Goyal

Piyush Goyal says India and US are negotiating a trade deal without fixed deadlines, stressing steady progress and mutual benefit as both sides work to resolve pending issues

Mexico imposes up to 50% tariff on imports from India and China

Mexico's decision to levy tariffs of 5-50% on over 1,400 products from India and other Asian nations has alarmed exporters already hit by US duties, with engineering goods and automobiles

ICICI Prudential AMC raises ₹3,021 cr from anchor investors ahead of IPO

The anchor book saw strong participation from sovereign wealth funds, global long-only investors, mutual funds, pension funds and insurance companies

UP's electric vehicle tax review sparks fresh jitters among automakers

Uttar Pradesh is the second-largest car market in India by volume, but when it comes to EV sales, the state currently ranks eighth

India's crude oil loadings from Russia dip, but robust in December

Unless wider secondary sanctions are introduced, India is expected to continue sourcing from non-sanctioned Russian suppliers, say experts

Equity MF flows snap 3-month decline, surge 21% to ₹29,911 cr in November

Redemptions ease and SIP strength lifts industry AUM past Rs 80 trillion

PM Modi, Trump hold talks over phone, discuss ways to enhance trade

PM Modi and Trump held their first call since October, reviewing bilateral progress in trade, defence and technology, and reaffirming their commitment to a stronger strategic partnership

MPs' forum seeks action on lack of funds for treating rare diseases

A bipartisan parliamentary forum has warned that funding shortages and administrative delays under India's rare disease policy are disrupting life-saving treatment