NEW DELHI: Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch on Friday said that the market regulator is exploring the use of AI for faster approval of IPOS and Mutual Funds (MFs) applications. "A large number of AI-driven projects are already on the way, within SEBI and one of the key, utilisations of AI that we are deploying is to do faster processing of all applications so that we can turn this around even faster," said Buch during the inaugural session of SEBI Samv...Read More
Hyderabad, Jan 10 (UNI) Telangana Chief Minister A Revanth Reddy unveiled an ambitious plan to develop a "Future City" in Hyderabad, positioning it to compete with renowned global cities such as New York, London, Tokyo, Seoul, and Dubai. The announcement was made during the inauguration of the CII National Council meeting at the CII Green Business Centre in Hitech City on Friday. During his address, the Chief Minister highlighted Telangana's progress over the past decade since its formation, e...Read More
India Budget: The Union Budget 2025-26 should prioritise giving tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from ₹3 lakh to ₹5 lakh and lowering tax rates, according to Ernst & Young India (EY India), a global consulting firm. EY India also recommended delaying the tax deduction at source (TDS) on provident fund (PF) interest above ₹2.5 lakh until the withdrawal stage to reduce the compliance burden on taxpayers. Also Read: India to simplify decade...Read More
New Delhi, Jan 8 (PTI) Indian exporters have huge opportunities to increase their share in the global agriculture trade from the current 2.4 per cent, a government official said on Wednesday. The global agriculture trade is about USD 2 trillion. Agricultural and Processed Food Products Export Development Authority (APEDA) Chairman Abhishek Dev said that given these numbers, "huge opportunities" are there to increase exports from the country. Despite being the seventh largest agri exporter in ...Read More
Bangalore (Karnataka) [India], January 8: McAfee, a global leader in online protection, today announced the launch of McAfee® Deepfake Detector, the latest addition to the company's suite of AI-powered products, in India. With AI-created videos, or deepfakes, flooding the internet and circulating across social media, we now live in a world where seeing and hearing are no longer believing. To combat the rise in AI scams and misinformation, McAfee has worked with leading OEMs to bring powerful AI-...Read More
Mumbai, Jan 8 (VOICE) Securitisation volume surged by around 27 per cent year-on-year to Rs 1.78 lakh crore in the first nine months of the current financial year, supported by large issuances from private sector banks, according to a CRISIL report released on Wednesday.Among asset classes, vehicle loans (including commercial vehicles and two-wheelers) accounted for 48 per cent of securitisation volume (vs 40 per cent in the corresponding period in the last financial year). In the third quarter...Read More
New Delhi: Zerodha co-founder and CEO Nithin Kamath has tweeted regarding his analysis of stock market data, that showed Mumbai and Ahmedabad account for 80 percent of the equity delivery trade. Kamath tweeted, "Ahmedabad and Mumbai account for 80% of equity delivery trades. Let that sink in. Essentially, the real money is with Gujjus. Btw, Gujarat accounts for just 8% of the total registered investors, and the share has been falling." A lot of reactions poured in on X (formerly Twitter) on Ka...Read More
Thoothukudi (Tamil Nadu) [India], January 8 (ANI): V.O. Chidambaranar Port Authority has demonstrated its commitment to supporting the renewable energy sector by achieving remarkable growth in windmill blade handling during the financial year 2024-25. Up to December 2024, the Port, in a statement this week, said it handled 1,869 windmill blades, a significant growth of 40 per cent compared to the 1,332 blades handled during the same period in the previous financial year. Also Read | Juhu Trage...Read More
New Delhi [India], January 8 (ANI): The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs and reducing tax rates, suggests global consulting and professional services firm Ernst & Young India (EY India). EY India also asks for deferring tax deduction at source (TDS) on PF interest rate (above 2.5 lakhs) until the withdrawal stage to reduce compliance burden. In the...Read More
BusinessWire India Bangalore (Karnataka) [India], January 8: McAfee, a global leader in online protection, today announced the launch of McAfee® Deepfake Detector, the latest addition to the company's suite of AI-powered products, in India. With AI-created videos, or deepfakes, flooding the internet and circulating across social media, we now live in a world where seeing and hearing are no longer believing. To combat the rise in AI scams and misinformation, McAfee has worked with leading OEMs t...Read More
New Delhi, Jan 8 (PTI) Global hospitality major Radisson Hotel Group on Wednesday announced the opening of a new property at Vellore in Tamil Nadu. With the opening of The Park Inn by Radisson Vellore, the group now has seven hotels across the state under brands such as Radisson, Radisson Blu and Park Plaza, Radisson Hotel Group said in a statement. "This opening underpins our strategy of being the first mover and focusing on Tier III cities like Vellore where rich cultural heritage meets a gr...Read More
Kerala Lottery Result Fifty Fifty FF-124: The Government of Kerala on behalf of the Lottery Department declared the "Fifty Fifty FF-124 Result" on Wednesday (Jan 8). The Kerala Lottery Result 2024 for Fifty Fifty FF-124 was drawn today at 3 pm in Gorky Bhavan Near Bakery Junction, Thiruvananthapuram. The first prize winner will be awarded Rs 1 crore, while the second prize amounts to Rs 10 lakh, and there is also a consolation prize of Rs 8000. Winners must claim their prizes by submitting their...Read More
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Wednesday said that the residents of the state are overjoyed when people of Indian origin excel abroad. Majhi said this while addressing the young diaspora at the Youth Pravasi Bharatiya Divas event in Bhubaneswar. "You are our cultural ambassadors embodying the essence of India in your host nations and you are our pride. When you excel abroad we rejoice here," Majhi said. This is an occasion to honour the invaluable contributions of India...Read More
Leh (Ladakh) [India], January 8 (ANI): Padma Desal delivered a stellar performance, scoring six goals to lead Sham Eagles to a commanding 8-3 victory over Chiktan Queens in the women's category of the Ice Hockey League Season 2. The Eagles kicked off their campaign impressively, setting a new season record for the highest-scoring match. In the men's category, Changthan Shans maintained their perfect start, defeating Zangskar Chadar Tamers 7-2 to remain unbeaten after three games. Purig Warriors ...Read More
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi inaugurated the 18th Pravasi Bharatiya Divas in Bhubaneswar on Wednesday. Welcoming the Indian diaspora and guests to the event, he said, "This occasion is being celebrated to honour the invaluable contributions of Indians worldwide and to explore new opportunities for brotherhood and collaboration. Hosting this prestigious event here in Odisha is a matter of immense honour and pride for us." Describing the convention as a confluence of idea...Read More
New Delhi: Gold prices saw a significant rise of Rs 330, reaching Rs 79,720 per 10 grams in the national capital on Thursday. The increase was attributed to persistent buying by jewelers and retailers, according to the All-India Sarafa Association. On Wednesday, gold had closed at Rs 79,390 per 10 grams. Silver also followed the upward trend, climbing Rs 130 to Rs 90,630 per 10 grams, compared to its previous session's close of Rs 90,500 per 10 grams. Also Read: Today's Gold and Silver Prices...Read More
Hyderabad, January 02, 2025: State miner NMDC determined to reach the 50 MT milestone in FY25 recorded its best ever December month production since inception. In December 2024, NMDC produced 4.71 MT, achieving a 5.13% growth over CPLY, and sold 3.91 MT. The company reported cumulative production of 30.77 MT and cumulative sales of 31.80 MT by the end of CY2024. Despite the cumulative figures dipping marginally compared to the previous year, NMDC's exceptional third quarter performance conserve...Read More
New Delhi, Jan 2 (PTI) The initial public offer of Indo Farm Equipment garnered a whopping 227.57 times subscription on the closing day of bidding on Thursday. The Rs 260-crore initial share sale received bids for 1,92,75,49,293 shares against 84,70,000 shares on offer, according to NSE data. The portion for non-institutional investors fetched a mammoth 501.65 times subscription. The quota for Qualified Institutional Buyers (QIBs) received 242.40 times subscription while the category for Retai...Read More
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies have been invited to the deliberations, they added....Read More
Delhi bakery owner Puneet Khurana (40) was found hanging in his home in Model Town's Kalyan Vihar area on Tuesday. Khurana was reportedly "upset with his wife," whom he married in 2016. The couple co-owned 'For God's Cake' bakery and another establishment, 'Woodbox Cafe'. However, Woodbox Cafe had closed some time ago. Trilok Nath Khurana, Puneet's father, has levelled fresh accusations against his in-laws, seeking justice. Speaking to the media, he revealed that his daughter-in-law's family ha...Read More
Bhubaneswar: Odisha CM Mohan Majhi attended the 38th Freedom Fighters Day celebrations organized by the Freedom Fighters Association on the occasion of the death anniversary of Odisha's great hero Utkal Keshari Dr. Harekrushna Mahatab. It is the responsibility of our government to pay due respect to the great freedom fighters, who are the pride of the nation and the symbol of our unity. Today, under the leadership of the renowned Prime Minister Shri Narendra Modi, efforts are being made to pay ...Read More
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Also Read | SOF NSO Results 2024-25 Out at sofworld.org: National Science Olympiad Exam Result Released, Get Direct Link and Know Steps To Downl...Read More
NEW DELHI: Jan Suraaj founder Prashant Kishor on Thursday announced that he was beginning a fast unto death demanding cancellation of the recently held Bihar Public Service Commission (BPSC) exam. "My demands include cancellation of the exam and holding of fresh tests. I also seek action against corrupt officials who had allegedly put posts, to be filled by the exams, on sale," Kishor said. He made the announcement at the historic Gandhi Maidan, a couple of kilometres from the spot where stude...Read More
Bengaluru: After facing roadblocks several times, Bengaluru's much-waited Namma Metro Yellow Line is all set to begin operations on January 6. Once operational, the metro line that connects RV Road to Bommasandra will be a crucial addition to the city's metro network as it links Electronics City, a hub for major companies like Infosys and Biocon. Confirming the updates, Lok Sabha MP from Bengaluru South Tejasvi Surya on Thursday said that the first train is ready and will be dispatched to Benga...Read More
Hubbali (Karnataka) [India], December 26 (ANI): Two of the nine 'Ayappa Maladharis' (devotees of Lord Ayyappa), injured in a fire incident in Hubbali on December 23, succumbed to their injuries on Thursday morning at the Karnataka Medical College and Research Institute (KIMS) here, officials said. The nine Ayyappa devotees had sustained injuries in the fire incident that occurred reportedly due to a gas leak. The remaining seven remain under treatment at KIMS. Karnataka Home Minister G Parame...Read More
New Delhi, December 26: Russia is reportedly using Bitcoin as a means to conduct foreign trade amid Western sanctions. The development is said to come after legislative changes that allow the use of digital currencies as substitutes for regular financial systems. Russia is looking to get around Western sanctions with trading partners such as China and Turkey, by using cryptocurrencies. It can be seen as Russia's strategy to strengthen its economic ties and conduct international trade without re...Read More
New Delhi, Dec 26 (PTI) Housing sales are estimated to fall 4 per cent this year in seven major cities to nearly 4.6 lakh units on lower launches, while sales in value terms are up 16 per cent to Rs 5.68 lakh crore, according to Anarock. Average housing prices grew 21 per cent this year across the seven major cities on rising rates of land, labour and some building raw materials. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for December 26, 2024 Declared, Check Winning Numbers a...Read More
New Delhi, Dec 26 (VOICE) India in 2024 saw a boom in employment rates, with women and youth leading the charge in workforce participation, according to a report.The report by Apna.co, a job and professional networking platform, showed women contributed an impressive 2.8 crore job applications -- 20 per cent higher than in 2023. Similarly, the youth posted a 27 per cent year-on-year increase in job applications. Women contributed an impressive 2.8 crore job applications out of a total of 7 cror...Read More
HYDERABAD: Police busted an interstate tortoise smuggling racket in Rachakonda on Tuesday and rescued 286 star tortoises, 160 red-eared slider tortoises, and other materials, all worth Rs 64 lakh. The police arrested two accused, Siraj Ahmed (39) and Shaik Jani (50), whereas another accused, Vijay Kumar, is currently absconding. The police said Shaik is a resident of Hyderabad who runs an aquarium business and sells various fish and bird species. Plan to sell in Hyd On Tuesday, Malkajgiri Sp...Read More
New Delhi, Dec 26 (PTI) Housing sales are estimated to fall 4 per cent this year in seven major cities to nearly 4.6 lakh units on lower launches, while sales in value terms are up 16 per cent to Rs 5.68 lakh crore, according to Anarock. Average housing prices grew 21 per cent this year across the seven major cities on rising rates of land, labour and some building raw materials. Anarock, which is one of the leading housing brokerage firms in India, attributed the fall in sales volumes during ...Read More