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RBI keeps repo rate unchanged at 6.5 pc to maintain balance between growth and inflation

Jun 7, 2024

Mumbai, June 7 (IANS) The RBI left the key interest rates unchanged in its monetary policy review on Friday as it continues to maintain a balance between economic growth and keeping inflation in check.The RBI’s Monetary Policy Committee (MPC) meeting decided to stick to the current 6.5 per cent repo rate with a 4:2 majority vote, RBI Governor…

Sensex jumps 311 points ahead of RBI MPC decision

Jun 7, 2024

Mumbai, June 7 (IANS) India equity indices were trading in the green on Friday after a flat open.On Friday, the decisions of the ongoing Monetary Policy Committee (MPC) to review interest rates will be announced by Reserve Bank of India…

Business

28,000 unionised workers of Samsung set to stage walkout over wages

Jun 7, 2024

Seoul, June 7 (IANS) Unionised workers of Samsung Electronics were set to launch a one-day walkout over wages on Friday, a union official said, in what would be the first walkout at the technology giant.About 28,000 members of the National…

Business

SK Group chairman meets TSMC chief, discusses AI chips

Jun 7, 2024

Seoul, June 7 (IANS) SK Group Chairman Chey Tae-won had held a meeting with CC Wei, Chairman of Taiwan Semiconductor Manufacturing (TSMC), in Taiwan and they discussed bolstering cooperation on artificial intelligence (AI) chip…

Business

More volume and less taxes, best way to counter counterfeiting: Delhi Police Joint Commissioner

Jun 6, 2024

New Delhi, June 6 (IANS) B. Shanker Jaiswal, Joint Commissioner (Tech, Cyber and Licensing), Delhi Police, said on Thursday that counterfeiting must not be permitted to become an activity of 'low risk and high gain' for the…

Business

Amazon acquires some assets of MX Player

Jun 6, 2024

New Delhi, June 6 (IANS) E-commerce giant Amazon which also runs video streaming platforms like Prime Video and Mini TV has acquired some assets of Times Internet-owned MX Player."We are always looking for ways to introduce new products and…

Business

CMF Phone 1 is coming, confirms Nothing

Jun 6, 2024

New Delhi, June 6 (IANS) London-based consumer tech brand Nothing on Thursday confirmed that it will soon launch the CMF Phone 1 as the first smartphone under the CMF sub-brand.Announcing the development on X, the company wrote,…

Business

10 Indian companies selected in top 100 list by Indo-Pacific Clean Economy Investor Forum

Jun 6, 2024

Singapore, June 6 (IANS) As many as 10 Indian companies including start-ups figure among the top 100 climate tech firms selected by the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum, the Commerce and…

Business

Zee Entertainment Enterprises to raise funds up to Rs 2,000 crore

Jun 6, 2024

New Delhi, June 6 (IANS) Zee Entertainment Enterprises Limited (ZEEL) on Thursday announced to raise funds up to Rs 2,000 crore via shares or eligible securities.The company's stock went up 5 per cent to close at Rs 153.75 apiece after the…

Business

India’s smartwatch market stagnates for 1st time, rises 0.3 pc in Q1: Report

Jun 6, 2024

New Delhi, June 6 (IANS) India's smartwatch shipments stagnated for the first time, rising marginally by 0.3 per cent (year-on-year) in the first quarter (Q1) of 2024, a new report said on Thursday.According to Counterpoint Research, the…

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