News that keep you updated
The Union cabinet has approved three railway multitracking projects worth Rs 9,072 crore aimed at expanding network capacity and easing congestion across Maharashtra, Madhya Pradesh, Bihar and Jharkhand, according to an official statement.The projects includes, Gondia–Jabalpur doubling, Punarakh–Kiul third and fourth line, and Gamharia–Chandil third and fourth line, will together add about 307 km to…
Washington’s new import duties of 10% took effect on Tuesday, after the US Supreme Court dismantled President Donald Trump’s illegal tariff framework, last week. Introduced under Section 122 of the Trade Act of 1974, Trump has threatened to further raise the tariffs to 15%. The administration has labled the move as a measure to tackle…
A sharp selloff in technology stocks has pushed the Nifty IT index into its steepest monthly decline since the 2008 global financial crisis, as fears around artificial intelligence disruption rattled investor confidence.With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global…
IDFC First Bank disclosed that employees at its Chandigarh branch carried out unauthorised dealings in accounts linked to the Haryana government. (AI image) IDFC First Bank fraud case: Haryana Chief Minister Nayab Singh Saini on Tuesday told the state assembly that the government has succeeded in recovering nearly Rs 556 crore linked to the IDFC…
Gold edged eased on Tuesday, with April futures slipping 0.31% to Rs 1,61,102 per 10 grams amid ongoing global uncertainty over US tariffs. On the Multi Commodity Exchange, the yellow metal fell by Rs 496 in a turnover of 7,587 lots. In the international market, Comex gold futures for April fell $28.16, or 0.54%, to…
Real GDP in India is calculated by adjusting nominal growth figures for inflation through the use of price indices. (AI image) India is set to release its first set of GDP or Gross Domestic Product data on the basis of a new series that may also address recent criticism from economists. The government is revamping…
The story of AI in business is not one of universal acceleration. (AI image) Two stories from the past few weeks capture something essential about where we are with AI.The first concerns Salesforce, the enterprise software giant that aggressively embraced AI for customer service. CEO Marc Benioff proudly announced that AI deployment had allowed the…
The petitioner approached the High Court seeking quashing of the appointment order and her own appointment based on merit. (AI image) In a strongly worded decision that upheld the constitutional right to equality in the public employment, the Gujarat High Court ruled that refusal to employ an unmarried woman on the assumption that she might…
Gold extended its gain on February 23 on a weaker US Dollar as tariff uncertainty clouds the near-term outlook of the US economy. (AI image) Gold price prediction today: Gold prices may continue to rise if the US dollar weakness persists, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan:Gold…
IBM share price crash (AI image) IBM share price crash: Anthropic’s latest business move has hit shares of International Business Machines Corp or IBM hard. The stock tumbled on Monday after artificial intelligence startup Anthropic announced that its Claude Code tool can assist in upgrading COBOL, an aging programming language predominantly operated on IBM systems.In…
