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IndiaAI Mission, Intel India tie up to advance AI capabilities and skilling

May 2, 2025

New Delhi, May 2 (IANS) The India AI Mission, under the Ministry of Electronics and Information Technology (MeitY), on Friday announced a collaboration with Intel India to advance Artificial Intelligence (AI) capabilities and skilling.The signing of a Memorandum of Understanding between organisations aims to empower youth, professionals, startups,…

India’s forex reserves surge past $688 billion mark

May 2, 2025

Mumbai, May 2 (IANS) India's foreign exchange reserves rose for the eighth straight week to touch $688.13 billion as of April 25, according to the latest RBI data released on Friday.The foreign exchange kitty surged by $1.98 billion during…

Business

Ola Electric delays Roadster X deliveries again, shares down over 43 pc

May 2, 2025

New Delhi, May 2 (IANS) Ola Electric has once again delayed the delivery of its Roadster X motorcycle, marking the second such postponement in just two months.In a stock exchange filing, the company informed that deliveries would now begin…

Business

WAVES 2025: Nifty Waves Index launched to track media, gaming and entertainment sector

May 2, 2025

Mumbai, May 2 (IANS) The National Stock Exchange (NSE) on Friday launched a new stock market index called the ‘Nifty Waves Index’ to track the performance of companies in the media, entertainment and gaming industry.As per NSE's factsheet,…

Business

98.24 percent of Rs 2,000 banknotes have been returned: RBI

May 2, 2025

Mumbai, May 2 (IANS) As many as 98.24 per cent of the Rs 2,000 banknotes which were in circulation as on May 19, 2023, have now been returned with the total value of such notes outside the banking system coming down to Rs 6,266 crore at the…

Business

India’s total exports rise 6 per cent to all-time high of $824.9 billion: RBI

May 2, 2025

New Delhi, May 2 (IANS) India's total exports have touched an all-time high of $824.9 billion in the financial year 2024–25, as per the latest data released by the Reserve Bank of India which includes the services trade for March 2025.This…

Business

WAVES 2025: Indian creator economy to influence over $1 trillion in consumer spend by 2030

May 2, 2025

Mumbai, May 2 (IANS) India's creators currently influence over $350 billion in consumer spending annually — a figure expected to surpass $1 trillion by 2030, the government said on Friday, citing an industry report.The creator ecosystem’s…

Business

Stock market closes higher amid volatility; Adani Ports jumps 4 pc

May 2, 2025

Mumbai, May 2 (IANS) The Indian equity indices ended the final trading session of the week with gains on Friday after witnessing a bout of volatility.The Sensex, after touching an intra-day high of 81,177.93, closed at 80,501.99, up by…

Business

NITI Aayog, GAME tie up to foster entrepreneurship ecosystem in India

May 2, 2025

New Delhi, May 2 (IANS) NITI Aayog on Friday partnered with the Global Alliance for Mass Entrepreneurship (GAME) to foster vibrant entrepreneurship ecosystems across states in India. The collaboration will focus on advancing location-based…

Business

Godrej Properties clocks 19 pc drop in Q4 profit at Rs 382 crore

May 2, 2025

Mumbai, May 2 (IANS) Godrej Properties on Friday reported a 19 per cent decline in net profit to Rs 382 crore for the fourth quarter of financial year 2024-25 (Q4 FY25), down from Rs 471 crore in the same quarter last fiscal (Q4 FY24).The…

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