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PM Modi congratulates RBI Guv for top global rating 2nd time in a row

Aug 21, 2024

New Delhi, Aug 21 (IANS) Prime Minister Narendra Modi on Wednesday congratulated RBI Governor Shaktikanta Das on being rated “A+” for the second time in a row in the ‘Global Finance Central Banker Report Cards 2024’.Responding to a post on X by the Reserve Bank of India, PM Modi said, “Congratulations to RBI Governor Shri @DasShaktikanta for this…

Sensex trades lower on mixed global cues

Aug 21, 2024

Mumbai, Aug 21 (IANS) Indian equity indices were trading in the red on Wednesday in early market trends following mixed cues from Asian markets. At 9:43 a.m., Sensex was down 114 points or 0.14 per cent at 80,688 while Nifty was down 13…

Business

Automakers engage in myth-busting campaign surrounding EV charging safety

Aug 21, 2024

Seoul, Aug 21 (IANS) Automotive companies in South Korea are pushing forward with their new electric vehicle launch schedules despite public concerns over EV safety, with key players actively campaigning to debunk unsubstantiated myths…

Business

Google to face lawsuit over Chrome’s data collection: US court

Aug 21, 2024

San Francisco, Aug 21 (IANS) Tech giant Google will face a class-action lawsuit in the US over alleged data collection via Chrome browser without users' consent, a court here has ruled.A federal appeals court in the state of California…

Business

Kia, Tesla and others to recall over 1 lakh cars for faulty parts

Aug 21, 2024

Seoul, Aug 21 (IANS) Kia, Tesla and two other carmakers will voluntarily recall more than 100,000 vehicles due to faulty components, the transport ministry here said on Wednesday.The four companies, including Ford Motor and GM Asia Pacific…

Business

Registrations under zero defect India Handloom Brand touch 1,998 mark

Aug 20, 2024

New Delhi, Aug 20 (IANS) As many as 1,998 registrations have been issued for 184 product categories under the 'India Handloom Brand' for high-quality niche products with zero defects and zero effect on the environment since the launch of…

Business

Indian firms poised to invest $45-50 billion a year amid rising profits

Aug 20, 2024

New Delhi, Aug 20 (IANS) Indian companies are expected to allocate $45–50 billion annually for capital expenditure over the next two years as the investment cycle picks up momentum on the back of robust corporate earnings, according to a…

Business

India likely to need 12.5 lakh AI-skilled professionals by 2027: Report

Aug 20, 2024

New Delhi, Aug 20 (IANS) As India aims to become a global leader in artificial intelligence (AI), the talent demand in the country is projected to grow from 6 lakh–6.5 lakh to more than 12.5 lakh by 2027, a report showed on Tuesday.The AI…

Business

Sensex closes up 378 points, bank shares lead the rally

Aug 20, 2024

Mumbai, Aug 20 (IANS) India equity indices closed in the green on Tuesday following positive sentiments in the markets.At closing, Sensex was at 80,802, up 378 points or 0.47 per cent and Nifty was at 24,698, up 126 points or 0.51 per…

Business

India’s Account Aggregators cross 100 mn consents, to reach 30 pc of population by FY25

Aug 20, 2024

Bengaluru, Aug 20 (IANS) In a remarkable achievement of the country’s fintech ecosystem, total number of successful consents on the Account Aggregator (AA) framework has crossed 100 million in three years (as of August 15) , a report said…

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