Business

Stock Markets Close Higher; Bank Nifty Hits Record High of 57,000

Stock Markets Close Higher; Bank Nifty Hits Record High of 57,000

MUMBAI– The Indian stock markets kicked off the week on a positive note, with benchmark indices closing higher and the…
Markets Rally as RBI Slashes Rates; Nifty Closes Above 25,000

Markets Rally as RBI Slashes Rates; Nifty Closes Above 25,000

Mumbai– Indian stock markets surged on Friday after the Reserve Bank of India (RBI) delivered a powerful stimulus by slashing the…
India’s Forex Reserves Can Cover Over 11 Months of Imports, Says RBI Governor

India’s Forex Reserves Can Cover Over 11 Months of Imports, Says RBI Governor

New Delhi– India’s foreign exchange reserves stood at $691.5 billion as of May 30, providing enough cushion to cover more than…
Sensex, Nifty Close Higher Ahead of RBI Rate Decision

Sensex, Nifty Close Higher Ahead of RBI Rate Decision

Mumbai– Indian equity markets ended Thursday’s session on a positive note as investors awaited the Reserve Bank of India’s (RBI) key…
GlobalFoundries to Establish Fabless Design and Testing Center in Kolkata: West Bengal CM

GlobalFoundries to Establish Fabless Design and Testing Center in Kolkata: West Bengal CM

Kolkata–  GlobalFoundries, a leading U.S.-based semiconductor company, will set up a fabless design and testing center in Kolkata, West Bengal…
TiE Boston Appoints Chris Sauer as New Executive Director

TiE Boston Appoints Chris Sauer as New Executive Director

BOSTON — TiE Boston, one of the region’s most influential business organizations supporting entrepreneurship, announced the appointment of veteran international…
Markets Close Higher on Positive Global Cues as RBI Policy Meeting Kicks Off

Markets Close Higher on Positive Global Cues as RBI Policy Meeting Kicks Off

Mumbai– Indian stock markets closed in the green on Wednesday, buoyed by strong global cues, including robust U.S. jobs data,…
CoFlo Medical, Co-Founded by Prof. Kripa K. Varanasi, Wins MIT $100K Entrepreneurship Competition

CoFlo Medical, Co-Founded by Prof. Kripa K. Varanasi, Wins MIT $100K Entrepreneurship Competition

CAMBRIDGE, MA — CoFlo Medical, a start-up co-founded and chaired by Prof. Kripa K. Varanasi, has won the prestigious MIT…
Microsoft Cuts Hundreds More Jobs Amid AI-Focused Restructuring

Microsoft Cuts Hundreds More Jobs Amid AI-Focused Restructuring

New Delhi– Tech giant Microsoft has laid off several hundred additional employees, continuing a wave of job cuts that reflect…
OpenAI Expands ‘AI for Impact’ Programme in India to Support Social Innovation

OpenAI Expands ‘AI for Impact’ Programme in India to Support Social Innovation

New Delhi– OpenAI, the developer behind ChatGPT, announced the expansion of its global ‘AI for Impact Accelerator Programme’ in India on…
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