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June 06, 2024

T20 WORLD CUP: NETHERLANDS BEAT NEPAL BY 6 WICKETS

The Netherlands beat Nepal by six wickets with eight balls to spare in a tight contest that was delayed by rain at the Grand Prairie Stadium, Dallas, Texas, on Tuesday night.

1 min

QS Rankings: IIT Bombay, IIT Delhi in top 150

The Indian Institutes of Technology (IITs) Bombay and Delhi are among the top 150 universities in the world, while the Massachusetts Institute of Technology (MIT) retained the top rank globally for the 13th time, according to the QS World University Ranking, 2025 announced on Wednesday.

1 min

Delhi reports 3rd hospital fire incident in 2 weeks

A major fire incident took place in an eye hospital based in Southeast Delhi's Lajpat Nagar on Wednesday, marking the third instance of hospital fire in the national capital in two weeks.

1 min

'Food processing industry should focus on quality'

A mid growing scrutiny of processed food in the country, a senior official at the Ministry of Food Processing Industries on Wednesday asked that industry to take a cue from international standards even if they have to \"compromise a little\" on profit margins.

1 min

United Spirits may lose fizz on near-term woes

Long-term prospects promising, but there are no immediate triggers

2 mins

VOLATILE DURING POLL RESULTS, LUCRATIVE 6 MONTHS LATER

As is the case now, equity markets always tend to be highly volatile around the time of election results.

1 min

Kronox Lab IPO subscribed 117.25x on last day

The initial public offering (IPO) of Kronox Lab Sciences garnered 117.25 times subscription on the closing day of bidding on Wednesday.

1 min

Policy, valuations could keep rural stocks in play

Most brokerages are betting that the new government will shift to a policy focusing on boosting rural incomes and consumption since that has clearly been a pain point.

2 mins

Regulator mulls raising limit for basic-service demat account to ₹10 lakh

Markets regulator Securities and Exchange Board of India (Sebi) on Wednesday proposed to enhance the threshold for the basic service demat account (BSDA) to 10 lakh from the current ₹2 lakh in a bid to boost the participation of retail investors in the securities market.

1 min

Sebi eases timelines for FPIs to disclose material changes

The Securities and Exchange Board of India (Sebi) has relaxed the timeline for foreign portfolio investors (FPIs) for reporting and disclosing material changes.

1 min

SBI MF hits 10 trn AUM milestone

Becomes the first fund house to reach the benchmark

2 mins

India's Goldilocks scenario intact

Brokerages bullish despite BJP falling short of decisive mandate in Lok Sabha elections

2 mins

Unintended consequence

Shift in paddy sowing is not helping

2 mins

Congress' learning curve

Smarter alliances, social media tactics helped

2 mins

The elections signal course correction

Voters have made it clear they want inclusive growth and a break from polarising politics

4 mins

Connecting the missing election dots

The journey is as important as the destination, as the saying goes.

3 mins

Tesla had no place to put Nvidia AI chips, says Musk

Elon Musk confirmed he diverted artificial intelligence chips away from Tesla to his X and XAI ventures, offering explanations both for the redirected shipment and internal Nvidia Corporation emails.

1 min

No more Big Macs: McDonald's trademark axed in EU

McDonald's Corporation's lost the European Union (EU) trademark rights to chicken versions of its iconic \"Big Mac\" burgers after judges ruled that the fast food giant failed to do enough to claim exclusive rights.

1 min

Third-time lucky? Boeing launches Starliner capsule

For the third time in roughly a month, Boeing will try to launch its long-delayed space taxi with the vehicle's first human crew for Nasa, following weeks of delays over technical issues and two called off launch attempts.

1 min

China chip firms degrade designs to avoid curbs

Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co (TSMC) production in the face of US sanctions, sources said.

1 min

OpenAI insiders warn of a reckless race for dominance

'Company has not done enough to prevent its Al systems from becoming dangerous'

2 mins

'Earth warming at record rate but no proof climate change accelerating

92% of last year's record heat was caused by humans, finds study by group of 57 scientists

2 mins

Apple made once-unlikely deal with Altman to catch up in AI

When a 23-year-old Sam Altman took the stage at Apple's annual developer conference in 2008, he gushed about being able to use Apple's new App Store to promote his software, a friend-locating service called Loopt.

2 mins

Meity will continue to take initiatives in new govt: Secretary

S Krishnan, secretary, Ministry of Electronics and Information Technology, said the policy roadmap for the ministry will continue going ahead and build on past legacies.

1 min

Kejriwal's interim bail plea dismissed by Delhi court

A city court on Wednesday dismissed Delhi Chief Minister Arvind Kejriwal's application for interim bail on medical grounds in the money laundering case linked to the alleged excise policy scam.

1 min

Biden, Putin greet Modi on election win

Several world leaders, including the US President Joe Biden, Russian President Vladimir Putin, British Prime Minister (PM) Rishi Sunak and Italian PM Giorgia Meloni congratulated PM Narendra Modi on Wednesday on the victory of the Bharatiya Janata Party-led coalition in the general elections.

1 min

5 regional parties stare at an existential crisis

As the Bharatiya Janata Party (BJP) went into a huddle with the Telugu Desam arty (TDP) and the Janata Dal (United) to stitch an alliance on Wednesday, and Congress backed by the Samajwadi Party and the Trinamool Congress looked all set to mount a serious challenge to the coalition, the regional parties suddenly found themselves in the spotlight.

2 mins

Services growth in May slows to 5-month low

Local demand weakens, exports up

1 min

MF funding to NBFCs grew 30% in April

The money raised by nonbanking financial companies (NBFCs) from mutual funds (MFS) rose almost 30 per cent year-on-year (Y-o-Y) to 2.08 trillion in April 2024, shows data from rating agency CareEdge.

1 min

Irdai to meet insurers today on Bima Sugam, 'Cashless Everywhere'

The Insurance Regulatory and Development Authority of India (Irdai) Chairman Debasish Panda will meet chief executive officers (CEOs) of the Indian insurance industry in Mumbai on Thursday to review implementation of two ambitious projects, Bima Sugam and 'Cashless Everywhere'.

1 min

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