India News

Global stocks slip on inflation jitters

Share markets fell on Wednesday as stronger-than-expected inflation in Britain offset investor hopes that AI-heavyweight Nvidia could meet sky-high expectations, with the market also waiting for possible clues on when the U.S. Federal Reserve will begin to bring down interest rates. European stocks dipped 0.3% in early trading, after earlier being poised for slim gains. […]

India News

Heat wave: IMD issues red alert across North India for next 5 days

Offering little respite to people reeling under a savage and searing summer wave across the vast swathes of the country’s northern belt, the India Meteorological Department (IMD) on Tuesday predicted heatwave to severe heatwave conditions to prevail over parts of Rajasthan, Punjab, Haryana-Chandigarh-Delhi, and West Uttar Pradesh as it issued a ‘red alert’ for the […]

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Indian and French armies participate in joint military exercise ‘Shakti’

The Indian and French armies are sharing critical skills in jungle survival and mountain operations during the 7th edition of the ongoing Joint Exercise Shakti. The biennial training event, being held from May 13-26 in Umroi, Meghalaya, aims to enhance the militaries’ capabilities for multi-domain operations in semi-conventional scenarios. Indian and French troops have been […]

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Paytm registers 25% growth in revenue at Rs 9,978 crore in 2023-24

Paytm, the leading fintech brand operated by One 97 Communications, has reported a 25% surge in revenue, reaching Rs 9,978 crore during the financial year 2023-24. The company attributed the growth to the increasing gross merchandise value (GMV), expansion of merchant devices, and the flourishing financial services distribution business. Paytm achieved EBITDA profitability before ESOP […]

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Surname doesn’t matter in today’s India: PM Modi reaffirms commitment to providing right business environment for startups

Prime Minister Narendra Modi on Monday reaffirmed the government’s commitment to providing a conducive environment for startups to flourish, asserting that in today’s India, one’s surname or family background does not matter as much as hard work and entrepreneurial spirit. The Prime Minister’s remarks came in response to Zomato CEO Deepinder Goyal’s recollection of his […]

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Nifty, Sensex open flat; DIIs sustain market momentum

Indian benchmark indices opened cautiously on Wednesday, with buying by Domestic Institutional Investors (DIIs) offsetting selling by Foreign Institutional Investors (FIIs). The Nifty 50 index rose by 20 points to reach 22,549.70 from the previous close of 22,529.05, while the Sensex also gained 91 points to reach 74,044.53 after closing at 73,953.31 on Tuesday. “One […]

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Brazil’s Amazon fires off to record 2024 start

Brazil’s Amazon rainforest has experienced its largest blazes on record in the first four months of the year, with the environmental workers union on Monday placing partial blame on lower government spending on firefighting. Brazil’s President Luiz Inacio Lula da Silva has staked his international reputation on protecting the Amazon rainforest and restoring Brazil as […]