Top News / The Economic Times
AI and technology advancements threaten 400 million jobs globally, impacting India's IT sector. Addressing rising unemployment requires skill evolution and innovative educational approaches to prepare for the future workforce demands.
Digital processes like loan monitoring, customer segmentation, and communication are being developed and improved to enhance the debt recovery efforts of digital lenders.
Congress criticizes BJP's double standards on 2G spectrum, accusing Modi government of seeking SC approval for non-auction allocation after condemning UPA's administrative allocation as a scam.
In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 6,046 crore led by Kotak Mahindra Bank with 29 block counts, totalling to Rs 1,310 crore.
STP facility staggers the investment over a period of time and also helps maintain a balance of risk and return. The first scheme that is considered for lumpsum investment is called source scheme and the scheme to which the amount is transferred is called destination scheme.
Madras High Court has directed RBI to reevaluate DBS Bank India and LVB pre-amalgamation, influencing share value/write-off decisions within four months, in response to bondholders' suit, highlighting transparency and fairness for stakeholders.
Elon Musk, the charismatic CEO of Tesla, will need to get a whole lot of things in order at the company before deciding to invest in India. Till then, the country will be happy to keep its doors open for him even while all the action in electric is happening in China. This is irrelevant to India where there is no love lost with China and Tesla is assured VIP status here.
BJP's Dilip Ghosh faces tough competition in Bardhaman-Durgapur against TMC's Kirti Azad and Left-Congress' Sukriti Ghoshal, highlighting the battle for political survival and the influence of Bengali sub-nationalism.
DC takes on MI in a crucial IPL match for playoffs. Rishabh Pant, Jake Fraser-McGurk, David Warner key for DC. MI looks to Rohit Sharma, Bumrah, Tristan Stubbs, and Axar Patel for a strong performance.
Underlining their supremacy in non-Olympic compound archery, India grabbed a hat-trick of gold medals to make a clean sweep of team events at the ongoing World Cup Stage 1 in Shanghai on Saturday. India's Jyothi Surekha Vennam, Aditi Swami and Parneet Kaur dropped just four points to trounce Italy 236-225 in the women's compound team event to open their account with a gold in the season-opening global showpiece. The men's team of Abhishek Verma, Priyansh and Prathamesh Fuge went one step better
Expatriates from the UAE, including Anwar Naha, returned to Kerala to vote, with chartered flights organized by KMCC. NRIs from various countries made efforts to vote in the Lok Sabha elections, some traveling to coastal states like Kerala and Karnataka, while others returned to Meerut in the north. Expatriates' participation, especially via chartered flights, drew attention in Kerala, while NRIs in Mangaluru and Bengaluru also prioritized voting. Harsha DM and Spoorthi CS flew from Sydney to ca
Notwithstanding high volatility over the week, the BSE 500 index outperformed the headline BSE S&P Sensex with the latter gaining 0.90% (642 points) on a weekly basis.
NTA released GAT-B, BET 2024 answer keys. Dispute by April 28, pay Rs 200/question. Evaluate for DBT-JRF, research. Entry point for postgraduate program admissions.
The jump was slower than a 10.2% rise in the first two months, National Bureau of Statistics (NBS) data showed.
The report from the Commerce Department on Friday, which also showed strong consumer spending last month, offered some relief to financial markets spooked by worries of stagflation after data on Thursday showed inflation surging and economic growth slowing in the first quarter.
The current market sentiment reflects strong bullish momentum, with aggressive buying seen on dips, indicating dominant buyer activity.
The high-octane clash between Punjab Kings (PBKS) and Kolkata Knight Riders (KKR) on Friday witnessed a historic chase that will be etched in the annals of men's T20 cricket. KKR posted a formidable total of 261/6, powered by a scintillating 138-run opening stand between Phil Salt (75 off 37 balls) and Sunil Narine (71 off 32 balls). Punjab Kings made T20 history by defeating Kolkata Knight Riders with a record chase.
Shivraj Singh Chouhan condemns Sam Pitroda's comparison of India with America on inheritance tax, criticizes Congress for proposed policies like inheritance tax and caste-based census, highlighting the importance of preserving Indian values and traditions.
Four students from VBSP University in Jaunpur, UP, received 50% marks in a DPharma exam for writing 'Jai Shri Ram' and cricketers' names. An RTI application exposed the incident, leading to an investigation and recommendation for teachers' dismissal.
Since 2022, US officials have imposed sweeping controls on which computing chips can be exported to China, cutting off some sales from Nvidia, Advanced Micro Devices and Intel, among others. Those controls followed earlier bans on shipping chips to Huawei Technologies.
The companies have begun discussing terms of a potential agreement and how OpenAI features would be integrated into Apple's next iPhone operating system, iOS 18, the report said, citing people familiar with the matter.
India's female archery team from Shanghai secured their first gold at the Archery World Cup Stage 1 by defeating Italy 236-225, with a significant lead and an 11-point margin to claim victory.
Regulators seized Republic First Bancorp, selling to Fulton Bank via FDIC. Challenges for regional banks post-collapse of Silicon Valley, Signature, and First Republic. 32 branches in NJ, PA, NY to reopen as Fulton Bank.
The company's revenue from operations soared by 108% to 2,141.3 crore from 1,027.4 crore in the previous year. For FY24, the company posted a consolidated net profit of 2,446 crore, reflecting a 161% growth over the previous fiscal year. The board has approved the issuance of three bonus shares for every one share.
Revenue from operations rose 23% to 365.6.5 crore during the quarter from 297 crore last year. Operating profit rose 30% to 193.2 crore in this period as against 148.8.8 crore in the previous year. Aditya Birla Sun Life shares declined 0.87% to 555 on Friday. The stock has gained 64% in the last one year
NEW YORK: Former National Enquirer publisher David Pecker testified on Friday at Donald Trump's criminal trial that he suppressed a story about an alleged affair to help Trump's 2016 presidential bid, even though it would have boosted sales of his tabloid. Testifying for a third day, Pecker, 72, agreed with a prosecutor who asked whether it would have been National Enquirer gold to publish the story of former Playboy model Karen McDougal's claim that she had an affair with Trump in 2006 and 2007
Frank Tyson's death at the hands of Canton Police echoes George Floyd's case. Officers Schoenegge and Burch are on leave. The incident, captured on video, led to CPR attempts. The Ohio Bureau of Criminal Investigation is now involved in the case.
CBI recovered foreign-made arms in Sandeshkhali, West Bengal, leading to concerns raised by BJP Chief Sukanta Majumdar. He called for a thorough investigation by NIA and criticized the Trinamool Congress and the West Bengal Police.
In East Tripura, the parliamentary constituency saw a 79.66% voter turnout across 1,664 polling stations, with efforts to address boycotts and ensure peaceful polling. Officials suspended for conduct violations, while innovative communication methods were employed for connectivity.
Food and grocery delivery company Swiggy on Friday confidentially filed its draft documents for an initial public offering (IPO) with stock market regulator Securities and Exchange Board of India (Sebi), sources told us.
Health authorities ensure US store milk safety from bird flu. FDA found viral fragments in retail milk samples. HPAI impacted dairy cattle herds and one human. No human transmission or virus mutation detected.
Blinken made the comments in an interview with CNN on Friday while ending his visit to China, where the top American diplomat spent hours meeting with top Chinese officials, including Xi, as the two countries navigated a raft of contentious issues, from US tech controls to Beijing's support for Moscow.
Latin American Music Awards 2024 is going to be one of the most gala events of the month. According to reports, the AMA has also declared the host of this gala night will be Becky G, according to reports.
Call Me Country: Beyonce and Nashvilles Renaissance is all about Beyonce and her latest albums. The documentary is about country music and related genre.
New movies and films are here to watch online and OTT streaming platform for viewers.
The UK edition of Rebel Wilsons memoir will not carry content pertaining to alleged workplace misconduct by co-star Sacha Baron Cohen.
Rafael Nadal said he would love to keep playing long enough for his son to remember him on court, though the 22-time Grand Slam champion concedes time is not on his side. The 37-year-old Spaniard, who has said he expects to retire after the 2024 season, returned to competition in Brisbane in January after almost a year sidelined with a hip flexor injury.
The fight here is between Congress' Tushar Chaudhary, son of former Gujarat chief minister Amarsinh Chaudhary and a former Union minister of state and the BJP's Shobhna Baraiya, wife of former Prantij MLA Mahendrasinh Baraiya, who joined the BJP from the Congress in 2022. The BJP had first fielded Bhikaji Damor, but replaced him with Baraiya following a controversy over his caste identity.
WWE Draft 2024 for Smackdown is all set to take place on Friday night. Friday Smackdown of WWE will enable brands to pick super stars from a curated list.
ATC Telecom Infrastructure sold a 2.8% stake to Vodafone Idea, worth 1,840 crore, in an open market transaction. Citigroup Global bought shares worth 611 crore, with other buyers remaining unknown. Last month, ATC converted debentures allotted by Vodafone Idea into equity, and in January 2024, Canada's Brookfield acquired ATC's India unit in a $2.5 billion deal. Vi recently raised 18,000 crore through a follow-on public offer, priced at 10-11 per share.
CP issuances are still not as high as 2018 levels when they touched 3.1 lakh crore in July-September, as NBFCs look for other funding avenues like securitisation, where volumes peaked in FY24 at 1.9 lakh crore. CPs are short-term, unsecured debt instruments issued by corporates.
The Pura 70 series Huawei unveiled last week sports the Kirin 9010 processor, consultancy TechInsights found in a teardown of the device. That's a newer version of the Kirin 9000s made by Semiconductor Manufacturing International Corp. for the Mate 60 Pro, which alarmed officials in Washington who thought a 7-nanometer chip beyond China's capabilities.
While Indian law is clear on the unenforceability of a non-compete clause operating beyond the term of employment, companies still include it in contracts, particularly for senior executives, as its seen as a soft deterrent, said Jay Parikh, partner at Luthra and Luthra Law Offices. Employees would rather comply than bear litigation costs and carry the burden of being sued by their previous employer.
The Reserve Bank of India (RBI) is considering new rules for digital lending, aiming to enhance transparency. The proposed guidelines would require lending service providers (LSPs) to digitally share all available loan offers from willing lenders with borrowers. This move aims to empower borrowers by providing a clear view of their loan options, including details like lender names, loan amounts, interest rates, and key terms. The RBI also emphasizes the need for unbiased content, prohibiting LSP
During investigation of the ED attack case, information was received that the items lost by the ED team and other incriminating articles may be hidden at the residence of an associate of Sheikh at Sandeshkhali. Accordingly, the CBI team along with CRPF personnel searched two premises at Sandeshkhali village today, the central agency said in a statement.