International News

India, Norway extend cooperation in health sector

India and Norway on Wednesday extended their cooperation in implementing various health schemes across multiple regions in India. Union Health Secretary Apurva Chandra and Deputy Ambassador of Norway Martine Aamdal Bottheim signed the documents marking the commencement of the 4th phase of Norway India Partnership Initiative (NIPI). The Norway India Partnership Initiative (NIPI) was established […]

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US: Stocks rise after Fed leaves rates unchanged, cites lack of progress in inflation

Wall Street stocks wavered before trending higher on Wednesday as the U.S. Federal Reserve left its key interest rate unchanged, as expected, but indicated that the next move on rates will probably be a cut. The three major U.S. stock indexes were last off session lows. The Federal Open Markets Committee (FOMC) concluded its two-day […]

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Heatwave scorches East, South India; Telangana temperatures may hit 45°C: IMD

Vast swathes of eastern and southern India continued to reel under an intense heatwave on Thursday, with temperatures soaring well above the 40°C mark in several regions. The India Meteorological Department (IMD) has warned that the scorching conditions are likely to persist over the next few days, with some areas in Telangana potentially experiencing maximum […]

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Sensex, Nifty open marginally higher; Godrej shares rise after split in conglomerate

Indian stock indices maintained their upward trajectory on Thursday morning, rising marginally after witnessing mild losses in the previous session. The positive momentum could be attributed to the record Goods and Services Tax (GST) collection in April, coupled with overall stability in the economy. At 9.33 am, the Sensex and Nifty were 0.1-0.2 percent higher […]

India News

India successfully tests SMART missile system

The Defence Research and Development Organisation (DRDO) on Wednesday conducted a successful flight test of the Supersonic Missile-Assisted Release of Torpedo (SMART) system from Dr APJ Abdul Kalam Island off the coast of Odisha. According to a statement by the Ministry of Defence, the SMART system represents the next generation of missile-based light-weight torpedo delivery […]

India News

Generative AI could boost bank revenues by 6 percent in next three years: Accenture

Banks across the globe could witness a substantial increase in revenues over the next three years by incorporating generative AI, as suggested by a recent report from Accenture. The report highlights that banks embracing this technology could experience a revenue surge of up to 600 basis points (bps) within this timeframe. Accenture’s analysis, which involved […]