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Business

Surge in India's Services Sector Activity Hits a 4-Month Peak in December

India's services sector activity reached a four-month high in December, driven by increased new orders and reduced inflationary pressures. Businesses are optimistic about the outlo...

Business

PM Modi and Satya Nadella Discuss AI Innovation and Data Privacy in India

PM Narendra Modi and Microsoft CEO Satya Nadella discussed AI technology and data privacy standards in Bengaluru. Nadella praised India's AI-first approach, while Microsoft plans a...

Business

Amit Banerji, Visionary CEO of Table Space, Passes Away at 45: A Legacy Remembered

Amit Banerji, founder and CEO of Table Space, passed away at 45 due to a cardiac arrest. His leadership and vision transformed the managed workspace industry, leaving a lasting leg...

Business

Indian Rupee Plunges to Historic Low Against the Dollar Amid Global Economic Shifts

The Indian rupee has plummeted to a historic low against the dollar, influenced by a strong dollar, weak equity markets, and subdued capital flows. Despite RBI's interventions, the...

Business

Meta Expands Leadership: Stellantis Chairman John Elkann Joins Board Alongside UFC's Dana White and Tech Investor Charlie Songhurst

Meta Platforms Inc. has enhanced its leadership by adding John Elkann, Dana White, and Charlie Songhurst to its Board of Directors. This move aims to leverage their expertise in AI...

Business

India Climbs to Second Place in Global Gold Purchases, Adds 8 Tons to Reserves

India has become the second-largest global gold buyer, adding 8 tons to its reserves in November 2024, as per the World Gold Council. This move, part of a global trend among centra...

Business

Securitisation Surge: An 80% Jump to Rs 2.4 Lakh Crore Deals Anticipated in FY25

Securitisation volumes have surged by 80% in the December quarter, with ICRA revising its total volume estimates for FY25 to Rs 2.4 lakh crore. Private banks and the NBFC sector's ...

Business

India Surpasses Global Peers to Become Second-Largest Gold Buyer in 2024, Trailing Only Poland

In 2024, global central banks increased their gold reserves, with India becoming the second-largest buyer after Poland. This trend underscores the growing preference for gold as a ...