NEW DELHI: Although there is an acceleration in tech adoption and innovation across sectors in India, the key challenge now is to scale new-age technologies like Cloud, AL/ML and data in a way that these can empower more than a billion people in the next decade, global IT major Infosys co-founder and Chairman Nandan Nilekani said on Tuesday.

NEW DELHI: While China will overtake the United States as the largest economy in the world by 2040, India will be a distant third contributor to the global GDP.

NEW DELHI: India's largest refiner, Indian Oil Corporation (IndianOil), on Monday said it has begun the supply of 150 MT of medical oxygen at "no cost" to various hospitals in Delhi, Haryana and Punjab.

MUMBAI: Oil marketing major BPCL has started the supply of medical grade oxygen to hospitals at 'no cost' in the view of shortage impacting critical patients of Covid-19.

JAIPUR: In the first Board of Investment (BOI) meeting chaired by CM Ashok Gehlot on Monday, Rajasthan Government cleared the customised package of incentives for investment worth over Rs. 1,67,000 crore in the state, of which the major contributor sector is renewable energy.

NEW DELHI: Union Road Transport and Highways Minister Nitin Gadkari on Sunday said that India will become the top electric vehicle (EV) manufacturing hub in due course of time.

NEW DELHI: JSW Steel said on Sunday that the company is supplying oxygen for medical purposes as a priority in response to the current crises.

MUMBAI: Lending major HDFC Bank on Saturday reported an 18.2 per cent increase in its standalone net profit for the fourth quarter of FY21 ended March 31, 2021 on a year-on-year (YoY) basis.

NEW DELHI:A fiscal stimulus package may be on the cards again as the government looks at ways to prevent the present surge in Covid-19 cases and the ensuing restrictions imposed by the states from derailing the economic recovery.

MOSCOW: Moscow plans to expel 10 diplomats from the US and ban several high-ranking officials from entering Russia, in retaliation for sanctions imposed by Washington this week.

MUMBAI: Capital market regulator SEBI has fined brokerage firms, PRB Securities Private Ltd and CPR Capital Services, in the NSE Co-Location matter for violation of norms.

NEW DELHI:As India's Insolvency and Bankruptcy Code (IBC) evolves at a fast pace, a hard nut to crack for the market regulator has come up with regulations in terms of trading in the shares of companies going through resolution under IBC.

NEW DELHI: South Korea is keen on exploring investment opportunities in North Eastern state of Sikkim in multiple sectors including renewable energy, pharmaceutical, food processing, tourism.

MUMBAI:You may not have noticed it but the actual interest rate that you are getting on your bank deposits and investments in small savings schemes has fallen into the negative territory.

NEW DELHI: Union Road Transport and Highways Minister Nitin Gadkari on Thursday said that he has invited electric vehicle (EV) major Tesla Inc to start manufacturing EVs in India.

NEW DELHI: E-commerce major Amazon on Thursday announced a $250 million fund -- Amazon Smbhav Venture Fund -- to invest in startups and entrepreneurs focusing on technology innovations in SMB digitisation, agriculture and healthcare.

NEW DELHI: India's annual rate of inflation based on wholesale prices sequentially rose to 7.39 per cent in March from a rise of 4.17 per cent in February.

NEW DELHI: The government's faceless tax assessment scheme will switch back to the traditional physical mode, at least for large taxpayers, as the department is not getting adequate responses from assessees on its online communication and notices issued electronically.

NEW DELHI: Bharti Airtel on Wednesday announced a new corporate structure with focus on four verticals -- Digital, India, International and Infrastructure.

MUMBAI: Assets under management (AUM) of the mutual fund industry witnessed a growth of 41 per cent in the last financial year to touch a new high of Rs 31.4 lakh crore.

NEW DELHI: Breakfast cereal category major Kellogg India is set to expand its portfolio with more Indianised products which are suited to local palates.

MUMBAI: As the pandemic hit business activities and liquidity flows, companies raised funds worth Rs 1.6 lakh crore from the primary market in the last financial year through initial public offerings (IPO), offer for sale (OFS), follow on public offering (FPO) among other routes.

NEW DELHI:The Indian Commercial Pilots' Association (ICPA) has sought temporary suspension of pre-flight breath analyser test to curb the transmission of coronavirus amid the rising number cases in the country on a daily basis.

NEW YORK:Variants of the novel coronavirus are the biggest risk for the US economic recovery, Minneapolis Federal Reserve Bank President Neel Kashkari has said.

NEW DELHI: Good news is flowing for the government on the tax front with net indirect tax collections (GST & non-GST) registering a 12.3 per cent increase in FY21 largely on account of increased excise collections from petroleum products and improved GST inflows.

MUMBAI: Siemens Healthcare Private Ltd, a wholly-owned subsidiary company of global medtech company Siemens Healthineers AG, has elevated Vivek Kanade as its Managing Director.

NEW DELHI: The Supreme Court on Monday held that lack of scientific material, blood tests or breath analyser results will not prevent insurance companies from establishing a case for exclusion from liability under ground of intoxication in a contract.

MUMBAI:The Indian rupee continued to depreciate for the sixth consecutive day, breached the 75 per US dollar mark amid rising cases of Covid-19 and concerns of fresh localised lockdowns.

NEW DELHI:Concerned over possible imposition of lockdowns due to a resurgence in coronavirus infections, the Apparel Export Promotion Council (AEPC) has urged the government to keep factories free from lockdowns and requested for essential service sector tag for the labour-intensive apparel export industry.

NEW DELHI: India's retail inflation marginally rose in March as the Consumer Price Index (CPI) increased to 5.52 per cent from 5.03 per cent in February.

NEW DELHI:The Power Ministry has set up an expert panel to prepare the Draft National Electricity Policy 2021.

NEW DELHI: Amid rising Covid cases and talks of restrictions and partial lockdowns, the Confederation of All India Traders (CAIT) has written to Prime Minister Narendra Modi suggesting staggered working time for different sectors.

NEW DELHI: The government may redraw the recapitalisation roadmap for public sector banks (PSB) in the current fiscal as the institutions face additional burden to meet interest on interest obligation for all its borrowers while changes in valuation norms AT1 bonds by Sebi will make the instrument less attractive for banks to raise their capital.

NEW YORK: Global investment analysts at a closed door JP Morgan huddle are betting that "risky assets" will cruise, market volatility will decline, asset bubbles are still far away in the broader equity market and that US president Joe Biden will remain focused on "supercharging" the US economy before midterm elections in 2022.