Debt-ridden telecom operator Vodafone Idea on Wednesday announced a partnership with satcom firm AST SpaceMobile, a rival of Elon Musk-owned SpaceX, for delivering satellite service on smartphones directly. Photograph: Reuters AST SpaceMobile is building the first and only space-based cellular
Google’s stance on the optimism and pro-innovation around artificial intelligence (AI) is very similar to the principles adopted by the Indian government under its IndiaAI Mission, the company’s vice-president of government affairs and public policy in the Asia-Pacific Region, Wilson
With the interest rate cut cycle nearing its end, several debt fund managers are shifting their focus towards interest income rather than betting on duration in anticipation of capital gains. Debt funds, especially those mandated to invest in longer-dated bonds,
Paddy sowing so far this Kharif season is higher by 13 per cent at 4.53 lakh hectares, according to the government data. Photograph: Amit Dave/Reuters Sowing of paddy stood at 4 lakh hectares in the same period last year. The
Benchmark indices Sensex and Nifty closed lower on Tuesday amid profit-booking after a sharp rally in the previous session as investors turned cautious in view of the ongoing conflict between Israel and Iran. Photograph: ANI Photo Besides, investors preferred to
Billionaire Mukesh Ambani-led Reliance Industries on Monday sold 85 lakh shares of Asian Paints for Rs 1,876 crore through an open market transaction. Photograph: Shailesh Andrade/Reuters The share sale came days after Reliance Industries offloaded 3.50 crore equity shares or
Domestic passenger vehicle wholesales were marginally down 0.8 per cent at 3,44,656 units in May this year as compared to 347,492 units in the same month last year, as vehicle sales across categories showed stable performance, Society of Indian Automobile
After registering a positive growth for two months, India’s exports slipped into negative territory again, contracting 2.17 per cent year-on-year to $38.73 billion in May due to a fall in global petroleum prices, while trade deficit narrowed at $21.88 billion
Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices. Photograph: PTI Photo from the Rediff Archives WPI-based
Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity
