MUMBAI: With liquidity deficit rising consistently, the Reserve Bank of India on Friday conducted a variable rate repo (VRR) auction of Rs 1.25 trillion. This has taken the total liquidity infused through the auctions so far this month to Rs 7.75 trillion. Cash-starved banks have placed bids worth Rs...
MUMBAI: Google is learnt to have invested about $350 million in Flipkart as part of the e-commerce major’s near $1 billion funding round led by parent Walmart. Flipkart did not comment on the specifics of the funding, but sources told TOI that the tech giant has infused about $350...
NEW DELHI: Meet AI Krish and AI Bhoomi, the world’s first Government TV channel Artificial Intelligence (AI) anchors on Doordarshan Kisan. Powered by artificial intelligence, these virtual presenters are poised to redefine the way farmers across India receive agricultural information. Scheduled to debut on May 26, the same day...
NEW DELHI: Global rating agencies on Friday said windfall of Rs 2.1 lakh crore dividend from the RBI is positive for the country’s fiscal metrics and its usage will provide a signal around the new government’s fiscal priorities. The board of India’s central bank earlier this week decided to...
MUMBAI: Even as overall job opportunities in the IT sector declined by 3.6 per cent nationwide, openings gained traction in technology hubs Bengaluru and Hyderabad that saw a growth of 24 per cent and 41.5 per cent, respectively, during April, a report said on Friday. According to data from...
NEW DELHI: India needs to impose a 2 per cent tax on net wealth exceeding Rs 10 crore and a 33 per cent inheritance tax to deal with the problem of rising inequality in the country, a new research paper co-authored by economist Thomas Piketty has suggested. The paper...
MUMBAI: Tata Motors owned Jaguar Land Rover will start producing its Range Rover and Range Rover Sport in India, marking a first for the iconic models in their 54-year long history, to be rolled out from a country outside of the UK. Till now the two models were only...
By Dr. Gyan Pathak In the penultimate phase of Lok Sabha Election 2024 on May 25, BJP has been facing the most difficult electoral battle so far in Uttar Pradesh. This is the sixth phase of election in which 14 Lok Sabha constituencies are going to poll. BJP and...
By Arun Srivastava With the 2024 Lok Sabha election nearing culmination, a palpable fear gripping social and political circles is that like Donald Trump, the Indian Prime Minister Narendra Modi might refuse to relinquish office and create a constitutional crisis. The manner in which Modi is trying to fashion...
By S.N. Sahu The Election Commission of India (ECI) has informed the Supreme Court that it has no legal mandate to share voter turnout data with anyone other than the candidates and their agents. In effect, the ECI has told the court that a legal mandate to share election...
By Sushil Kutty Delhi Chief Minister Arvind Kejriwal squandered the few days he was given by the Supreme Court to campaign for the Lok Sabha elections. From all indications, all seven Delhi Lok Sabha seats will go to the BJP. The Congress never got a chance from its alliance...
By Rahil Nora Chopra The jury is still out on who will be the I.N.D.I.A. bloc Prime Ministerial candidate if the Congress-led INDIA bloc crossed the halfway mark of 272 seats in the Lok Sabha election. The political buzz is that Congress President Mallikarjun Kharge, Chief Minister of Tamil...
By Tirthankar Mitra KOLKATA: Jadavpur constituency adjoining Kolkata is witnessing a three cornered contest between Trinamool Congress’s Sayoni Ghosh, a talented film actor, CPI(M)’s Srijan Bhattacharya, a known student leader and Dr. Anirban Ganguly of BJP. The BJP candidate is a well known RSS ideologue based in Delhi. Incidentally,...
By Girish Linganna Heera Mandi – the Diamond Bazaar – Sanjay Leela Bhansali’s latest Netflix production film has created waves globally among the viewers of the sub continent. The focus has shifted to this particular place, now in Pakistan which has been in existence for more than four centuries....
By Chip Gibbons LONDON: On Monday, May 20, 2024, the British High Court granted Julian Assange his first legal victory in four years. The court found that the WikiLeaks founder could appeal his extradition to the United States on the basis that he may be denied free expression rights...
The total market capitalisation of BSE-listed stocks closed above $5 trillion on Thursday as the benchmark indices ended at record levels led by banks and auto stocks. India’s market capitalisation to Gross Domestic Product (GDP) — a measure to determine if a market is under-valued or over-valued — surged...
NEW DELHI: To develop a comprehensive framework for protection of the global workforce in the care economy and respond to the emerging challenges in the sector, the International Labour Organisation (ILO) is gearing up to hold a discussion on the care economy in its upcoming annual conference next month....
NEW DELHI: A sharp acceleration in the services sector has led to India’s private sector activity gathering pace in May, posting the third strongest surge in 14 years. The month under discussion also saw the steepest increase in job creation since September 2006, according to a survey released by...