Business news
- Business
Future of technology can’t be shaped by few countries & companies: MoS IT
Bengaluru: Future of technology cannot be shaped by a few countries and companies and needs to be more inclusive and India Stack has transformed lives of citizens and built trust between the…
- Business
Flipkart co-founder Binny Bansal plans e-commerce startup: Report
New Delhi: Flipkart co-founder Binny Bansal is reportedly planning a new startup in the burgeoning e-commerce space in India. According to Money Control, Bansal recently sold his remaining stake in Flipkart and…
- India
Economy gathering momentum in Q2, inflation remains concern: RBI
Mumbai: Indian economy is gathering momentum in the second quarter, though inflation would continue to average above the central bank’s comfort zone of 6 per cent, said an article in the RBI’s…
- Business
India’s traditional PC market declines 15.3% in June quarter, HP leads
New Delhi: The traditional PC market (desktops, notebooks and workstations) in India continued to struggle as it shipped 3.2 million units in the June quarter, declining 15.3 per cent (year-over-year), a new…
- Business
Global smartphone shipments to hit decade low in 2023, Apple near top spot
New Delhi: 2023 is on track to become the worst year for global smartphone shipments in a decade, with a 6 per cent decline to reach 1.15 billion units, a report showed…
- Business
Musk’s X closes $100 mn promoted accounts ad biz: Report
San Francisco: Elon Musk-owned X (formerly Twitter) has shut down $100 million worth promoted accounts ad business on its platform, and will not allow advertisers to promote their accounts within the platform’s…
- Business
CoinDesk to slash workforce ahead of potential sale: Report
San Francisco: Cryptocurrency news company CoinDesk is reportedly slashing its workforce, as a group of investors was likely in the final stages to acquire it for about $125 million, the media reported…
- Technology
IBM’s prototype ‘brain-like’ chip promises greener AI
San Francisco: Tech major IBM has said that its prototype ‘brain-like’ chip could make artificial intelligence (AI) more energy efficient. There are growing concerns about the emissions generated by the large warehouses…
- Business
India’s tech success has drawn interest from nations keen to digitise economies: MoS IT
New Delhi: India’s success in deploying technology to transform lives has drawn interest from other countries looking to digitise their economies and governance, Union Minister Rajeev Chandrasekhar has said, citing the achievements…
- Technology
BharatPe launches new Android PoS machine for merchants
New Delhi: Fintech major BharatPe on Friday launched its new Android point of sale (PoS) terminal called BharatPeSwipe Android that offers multiple modes for digital payment acceptance, including debit/credit cards, UPI, mobile…
- Business
Oil prices up in July by 16 per cent; highest since Jan 22
New Delhi: The oil market witnessed a significant surge in prices by 16 per cent in July, the highest since January 2022, as per a report by Motilal Oswal Asset Management Company.…
- Technology
Amazon digitizes 62 lakh MSMEs, created over 13 lakh jobs in India
New Delhil: Amazon on Thursday said that it has cumulatively digitised over 62 lakh (6.2 million) micro, small and medium enterprises (MSMEs), enabled nearly $8 billion in cumulative e-commerce exports and created…
- Business
Hero MotoCorp logs higher revenue, profit on lower sales volume
Chennai: Despite selling a lower number of vehicles during the first quarter of FY24, two wheeler major Hero MotoCorp Ltd logged higher revenue and net profit. In a regulatory filing on Thursday,…
- World
22% consumers bought fake influencer-endorsed goods: Study
New Delhi: About 22 per cent of consumers aged 16-60, who are active on social media, have purchased counterfeit goods endorsed by influencers, a new study said on Thursday. In the study,…
- Business
US consumer prices accelerate for the first time in 13 months
Washignton: For the first time in more than 12 months, the pace of US consumer price hikes accelerated on an annual basis, a media report said. The Consumer Price Index rose 3.2…
