New Delhi, Aug 7 — Artificial intelligence and machine learning were the most widely adopted technologies among applicants, used by 74 per cent of the startups, Nasscom said on Friday as it announced its list of ten of India’s most promising deep tech startups.These startups among the Emerge 50…
Mumbai, Aug 7 — State Bank of India (SBI) is accelerating the adoption of artificial intelligence across its operations, with the country's largest lender planning to shift its entire cheque processing system to AI in a move aimed at improving efficiency and reducing manual intervention.Speaking at…
New Delhi, Aug 7 — Around 63 per cent of Pakistanis -- about 161 million people -- were unable to afford the cheapest combination of grains, pulses, milk, eggs, fruits, vegetables and other nutritious food items after accounting for essential non-food expenses such as housing, transport and…
New Delhi, Aug 7 — India has substantially advanced financial inclusion through initiatives such as the Jan Dhan Yojana and must now move decisively towards financial empowerment, Union Minister of State for Science & Technology, Earth Sciences Dr. Jitendra Singh said on Friday, asserting that…
New Delhi, Aug 7 — Commerce and Industry Minister Piyush Goyal on Friday said India and Egypt discussed measures to enhance two-way investment flows, strengthen bilateral economic cooperation and facilitate smoother trade in digitally delivered services during a meeting with Egypt's Minister of…
New Delhi, Aug 7 — The government has taken various measures to ensure that adequate availability of fertilisers are available to farmers and there has been no shortage of urea and DAP during the last three years and the ongoing Kharif 2026 season, the Parliament was informed on Friday.Before the…
New Delhi, Aug 7 — Indian Railways has imposed penalties totalling Rs 5.13 crore on caterers and terminated six contracts over food quality and hygiene violations during the last three years, the government informed the Parliament on Friday.In a reply to a question, Union Minister for Railways,…
New Delhi, Aug 7 — The Research, Development and Innovation (RDI) Fund is being implemented through a robust institutional framework founded on transparency, merit-based evaluation and stringent conflict-of-interest safeguards, the government said on Friday.Senior officials of the Department of…
New Delhi, Aug 7 — The BJP on Friday clarified that the proposed charges on Unified Payments Interface (UPI) transactions would not be imposed on ordinary users and would apply only to commercial transactions. The clarification came a day after the Lok Sabha passed a Bill to amend the Payment and…
Mumbai, Aug 7 — The benchmark equity indices ended lower on Friday as selling pressure in financial and private banking stocks, coupled with rising geopolitical tensions, weighed on investor sentiment. While the broader market remained relatively resilient, weakness in heavyweight financial stocks…
New Delhi, Aug 7 — India needs to adopt a proactive approach to the safety and security of artificial intelligence (AI) in the financial sector as the technology gains wider acceptance, Chief Economic Adviser (CEA) V. Anantha Nageswaran said on Friday.Addressing the ASSOCHAM India International…
Mumbai, Aug 7 — Machine tools manufacturer Jyoti CNC Automation on Friday reported a 20.2 per cent year-on-year (YoY) decline in net profit for the June quarter (Q1 FY27), as pressure on operating margins offset strong revenue growth. The Gujarat-based company's consolidated net profit fell to Rs…
New Delhi, Aug 7 — Minister of Ports Shipping and Waterways, Sarbananda Sonowal, informed Parliament on Friday that as many as 4,052 seafarers have been repatriated from the Gulf region and 62 India-bound vessels have successfully transited Strait of Hormuz (as on August 3), out of which 23 were…
New Delhi, Aug 7 — The Delhi High Court on Friday stayed the Food Safety and Standards Authority of India's (FSSAI) prohibition order directing Dabur India Limited to stop the sale of certain food products carrying allegedly misleading "100 per cent" claims.A single-judge Bench of Justice Amit…
New Delhi, Aug 7 — Besides price regulation, the government has also enabled access to affordable essential medicines through Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), under which quality medicines are offered through Jan Aushadhi Kendras (JAKs) at rates that are typically 50-80 per…
Mumbai, Aug 7 — State Bank of India (SBI), the country's largest lender, on Friday reported a 10.23 per cent year-on-year (YoY) rise in net profit for the first quarter of FY27, driven by strong growth in interest income, robust loan expansion and a sharp decline in bad loan provisions.The bank…
New Delhi, Aug 7 — India's electric vehicle (EV) transition hit a new milestone in July as retail sales touched an all-time high of 3,27,901 units, up more than 66 per cent year-on-year, according to data released by the Federation of Automobile Dealers Associations (FADA) on Friday.The surge meant…
New Delhi, Aug 7 — India’s passenger vehicle sales rebounded sharply in FY2026, with SUVs now accounting for two in three cars sold and commercial vehicle sales up 12.5 per cent, a report has said.The report from Rubix Data Sciences said that SUV’s share of PV sales surged to 65 per cent in FY26…
Mumbai, Aug 7 — JK Tyre & Industries on Friday reported a 73 per cent decline in earnings for the first quarter of FY27, as higher raw material costs amid the continuing West Asia crisis weighed heavily on profitability despite healthy volume growth and higher revenue.The tyre maker posted a…
New Delhi, Aug 7 — Parliament has approved the Micro, Small and Medium Enterprises Development (Amendment) Bill 2026, aimed at addressing payment delays faced by MSMEs and simplifying dispute resolution, with the Lok Sabha passing the Bill on Friday after the Rajya Sabha cleared it on Monday.The…
New Delhi, Aug 7 — India’s digital lending market has grown nearly 13 times in five years and is expected to account for 20 to 21 per cent of all personal loan sanctions by FY2031, a report said on Friday. The digital lending market has grown from approximately Rs 0.15 trillion in FY21 to Rs 2.2…