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Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Office of the Comptroller of the Currency (OCC) granted Coinbase (COIN) a conditional approval for a national trust bank charter, a move that would place the crypto exchange among a small group of five digital-asset firms -- including Ripple, Circle (CRCL) -- that have received similar tentative sign-offs from the agency. If the charter is finalized, Coinbase would be able to ...Read More >
Bengaluru - Cloud computing company Oracle is laying off thousands of employees, CNBC reported on March 31, citing two people familiar with the matter. The company declined to comment on the job cuts, although several social media users shared details on platforms such as Reddit, X and anonymous workplace network Blind, triggering uncertainty and confusion among employees. The layoffs come amid Oracle's aggressive push to ramp up spending on artificial intelligence infrastructure to better com ...Read More >
Apple's India journey is accelerating. The company is now a top smartphone player, with record revenues and shipments. Manufacturing in India has surged, making it a key production hub. Apple is expanding its retail footprint with new stores and investing in local operations. This growth signals a strategic long-term commitment, positioning India as a vital market for Apple's future. In the mid-1970s, long before he co-founded Apple, a young Steve Jobs travelled to India in search of spiritual ...Read More >
MUMBAI: Former HDFC Bank chairman Atanu Chakraborty, who quit the bank's board on March 18, citing "incongruence" between his values and certain internal practices, has disputed managing director Sashidhar Jagdishan's claim that action against staff over the sale of high-risk bonds to Gulf customers was unrelated to the boardroom dispute.In an interview to CNBC, Chakraborty said, "The incentive structures and the oversight of the management and the board should ensure that they are aligned with ...Read More >
Mumbai, Mar 30 (PTI) Misselling of the AT-1 bonds, which led to a rap from the regulators, and under-performance of the country's largest private sector lender HDFC Bank were the reasons behind his resignation, said former chairman Atanu Chakraborty on Monday. Personal differences with the management are "overblown" and it was not the issue "by a long distance" for the resignation earlier this month, Chakraborty said, stressing that "incongruence" on values and ethics led him to quit the board. ...Read More >
MUMBAI: CNBC has unveiled a refreshed brand identity across its India network, introducing a new logo and visual system that reflects a more modern, digital-first direction. The rebrand was officially revealed at the India Business Leader Awards held in Mumbai on March 14, marking the first public showcase of the updated design at one of the network's most prominent platforms. The overhaul is among the most visible brand updates for CNBC in recent years, aimed at aligning its look and feel wit ...Read More >
India's Regulatory Gauntlet: WhatsApp's High-Stakes Struggle in Its Core Territory In the bustling digital ecosystem of India, where over 500 million users rely on WhatsApp for everything from family chats to business transactions, Meta Platforms Inc. is facing what could be its most formidable challenge yet. The Indian government has issued directives that demand significant operational changes, giving the company just three months to comply. This move underscores the growing tension between g ...Read More >
* Earlier this week, Microsoft said it will invest US$17.50 billion in India from 2026 to 2029 to expand AI and cloud infrastructure, including new data centers, sovereign cloud options, and large-scale skilling programs tied to national digital platforms. * The move underlines how central India's huge developer base and digital public infrastructure have become to Microsoft's AI ambitions and competition with global cloud rivals. * We'll now explore how this record India AI and cloud build-ou ...Read More >
This article first appeared on GuruFocus. OpenAI is doubling down on India's fast-growing AI market with a bold offer: a free year of its ChatGPT Go service for every user in the country starting November 4. The giveaway coincides with the company's first DevDay Exchange in India and marks its most aggressive expansion effort yet in a market of 1.4 billion people. Normally priced at 399 rupees (under $5) per year, ChatGPT Go unlocks higher message limits, image generation, and larger file uploa ...Read More >
NEW DELHI, Oct 15 (Reuters) - Apple is lobbying India's government to modify its income tax law to ensure the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers, an issue seen as a hurdle to its future expansion, sources say. The push coincides with Apple's growing India presence as it diversifies beyond China. Counterpoint Research says iPhone's share in the Indian market has doubled to 8% since 2022. And while China still accounts for 75% ...Read More >
New Model Y owners will receive a complimentary wall connector for convenient home or workplace charging. Tesla India, which officially launched in July 2025, has begun deliveries of its Model Y electric SUV, marking a key milestone in the company's entry into the Indian EV market. New Model Y owners will receive a complimentary wall connector for convenient home or workplace charging. Tesla's charging ecosystem also includes Tesla Charging Stations in Mumbai (One BKC) and Delhi (Aerocity), fea ...Read More >
The dip marks a reversal from last week. Reserves had risen by $4.698 billion to $702.966 billion in the week ended Sept 12. India's foreign exchange reserves fell by $396 million to $702.57 billion for the week ended September 19, according to Reserve Bank of India (RBI) data released on Friday. In the previous week, reserves had risen by $4.698 billion to $702.966 billion. Foreign currency assets, the largest component of the reserves, declined by $864 million to $586.15 billion. The figure ...Read More >
NEW DELHI (Reuters) -India and the United States will hold trade talks in New Delhi on Tuesday, weeks after President Donald Trump imposed punitive tariffs on the South Asian nation's exports, slowing its overall shipments to a nine-month low in August. India and the United States will "fast-track" trade talks, Rajesh Agarwal, India's chief negotiator and a special secretary in its commerce ministry, told reporters at an event for the release of trade data, but gave no details. U.S. trade repr ...Read More >
New Delhi: As US Assistant Trade Representative Brendan Lynch arrives in New Delhi for the crucial trade talks today (Sept 16), President Donald Trump's Senior Trade Advisor Peter Navarro, who in recent days has repeatedly made comments critical of India, made a real gaffe on live TV as he got the sequence of social media communication between Prime Minister Narendra Modi and Trump mixed up. Stating that India was "coming to the table" to negotiate a trade deal, Navarro said it was PM Modi who ...Read More >
Jaipur, Aug 28 (PTI) The Rajasthan High Court on Thursday cancelled the contentious police sub-inspector recruitment exam-2021 owing to paper leak. Justice Sameer Jain in a detailed judgment cancelled the exam 2021 which was the bone of contention for both BJP and Congress governments in the state. "Illegality and fraud on the system was so conspicuous. It is strange that the state government did not take action any decision on the subject. The court's decision hopefully will act as a deterren ...Read More >
NEW DELHI, Aug 28 (Reuters) - Indian gaming company A23 has challenged the government's ban on online money-based games, a legal filing shows, in the first case against a law that led to the sudden shutdown of popular contests and has thrown the industry's future into doubt. Prime Minister Narendra Modi's government issued a law last week to ban such games, which the industry says rely on skill and are therefore not gambling. Gambling was already highly restricted in India. The legislation is ...Read More >
India is welcome to export its products to Russia if it is facing trouble entering the US market, a senior Russian diplomat on Wednesday said. Addressing a press conference in the national capital, Russian Deputy Chief of Mission Roman Babushkin said the US' pressure on India over the latter's procurement of Russian crude oil was "unjustified" and "unilateral". "..If Indian goods are facing difficulties entering the US market, the Russian market is welcoming Indian exports....," he said. "The sa ...Read More >
India defends its right to purchase from the cheapest source, while strengthening ties with Russia and China. Russia expects India to continue buying its oil, a senior official said, even as the South Asian nation faces higher US tariffs and harsh criticism from Trump administration officials for the trade. India's imports of Russian crude are likely to stay at current levels, Evgeny Griva, the deputy trade representative of Russia in India, told reporters in New Delhi on Wednesday. The remark ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 y ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally. At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards. The company's 10% Annualiz ...Read More >
NEW YORK, Aug 5 (Reuters) - U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands (YUM.N), opens new tab and other companies cited trade duties in their results or outlooks. In addition, U.S. President Donald Trump said the U.S. could impose a "small tariff" on pharmaceutical imports before increasing the rate subsequently. He also signaled an announcement on tariffs on semiconductors and chips in the "next week or so." Shares of KFC parent Yum Brands ( ...Read More >
Trump did not specify what the new tariff would be, but it comes just days after he unveiled a hefty 25% levy on India. In a statement, a spokesman for India's foreign ministry, Randhir Jaiswal, said the US had encouraged India to import Russian gas at the start of the conflict, "for strengthening global energy markets stability". He said India "began importing from Russia because traditional supplies were diverted to Europe after the outbreak of the conflict". India also criticised the US - ...Read More >
NEW DELHI (Reuters) -U.S. President Donald Trump last Wednesday announced 25% tariffs on Indian imports from August 7 and threatened more penalties over New Delhi's purchases of Russian oil. Below is a timeline of how India, once seen as the frontrunner for a U.S. deal, ended up facing steep tariffs after Trump escalated tensions, and called it a "dead economy." February Modi visits Washington * Indian Prime Minister Narendra agrees to work toward a limited trade deal by fall 2025 with the Un ...Read More >
The Boeing 747 Jumbo stands out for being the most popular quad-engined commercial passenger jet to exist. It also boasted the longest production run of any commercial jet in its class. But why was it designed with four engines and not two, three, or even six? When answering this question, it is necessary to look back in time to the 1960s when the original 747-100 was developed. Put simply, the 747 has four engines to meet the Boeing 747-100 performance requirements. In the 1960s, engine techno ...Read More >
New Delhi: Dilip Piramal, Chairman of VIP Industries, said on Monday that his family's younger generation isn't interested in running the business. This came right after the company told stock exchanges that promoter group entities are planning to sell a 32 percent stake to a group of private equity investors and others. "We are a family-owned business, and the next generation is not very keen on running it," Piramal told NDTV Profit. "In all our 53 years of existence, VIP has been the market ...Read More >
From Foundations to Flagships: Inside SS Group's Vision for a Future-Ready India Ashok Singh Jaunapuria, MD & CEO, SS Group 4 min read Last Updated : Jul 15 2025 | 4:40 PM IST NewsVoir Delhi NCR [India], July 15: In the real estate sector, trust is foundational. For homebuyers, it's the assurance that promises will be kept, and for communities, it's the confidence that their future is in reliable hands. Emerging as the epitome of this trust is the SS Group, which has stood as a symbol of int ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In a major blow for the crypto industry, several bills championed by President Donald Trump failed to pass a crucial procedural vote in the House of Representatives on Tuesday. According to CNBC, the final tally stood at 196-223, with 13 Republican representatives siding with Democrats to block the motion, marking a rare moment of dissent among House Republicans. The proposed le ...Read More >
Telangana BJP president N. Ramchander Rao has slammed a ₹25 crore defamation notice on Deputy Chief Minister Mallu Bhatti Vikramarka and sought an unconditional public apology for his 'illegal' and 'unlawful' acts of making false imputations against him with regard to the suicide of University of Hyderabad (UoH) research scholar Rohith Vemula causing him 'serious agony' and 'Irreversible' damage. Mr. Vikramarka has been given three days to apologise or criminal action will be taken claiming dam ...Read More >
Mumbai: The future rate decisions of the central bank's Monetary Policy Committee could go either way, depending on the inflation outlook and economic growth, said governor Sanjay Malhotra, citing the regulator's "neutral" policy stance. Lower inflation and a slowdown in growth can both be equally important catalysts for potential rate cuts, the Reserve Bank of India governor said in an interview with CNBC TV18 on Tuesday. RBI cut the benchmark repo rate by 25 basis points each in February and ...Read More >
New Delhi, July 15: Grok 4 is the latest AI model from Elon Musk's xAI, which has reportedly raised questions about its response after its launch. As per reports, the AI chatbot is said to express Musk's personal views when handling controversial topics. Whether it is global conflicts or sensitive topics, Grok 4 allegedly draws its reasoning by scanning social media posts made by Elon Musk himself. Observers are beginning to question how "truth-seeking" the AI chatbot truly is, with claims pouri ...Read More >
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